News Release

Home
News Release

Sep. 12, 2025: JCR Upgraded Long-term Issuer Rating on Tokushu Tokai Paper to BBB+/Stable; JCR Affirmed AA/Stable Long-term Issuer Rating on Eurus Energy HD; JCR Assigned A- Rating to Bonds of AIFUL; JCR Assigned AA Rating to Bonds of Sumitomo Mitsui Finance and Leasing; JCR Assigned AA+ Rating to Bonds of Corporacion Andina de Fomento; JCR Assigned Preliminary A+ Rating to Shelf Registration of Pan Pacific International Holdings; Joint Green Bond Issuers (Local Governments): Assigned Green 1 to Joint Local Government Green Bond 5th; MUSASHI corporation, The Joyo Bank: Second Party Opinion on Sustainability Linked Loan; Astec Corporation, The Shoko Chukin Bank: Second Opinion on Positive Impact Finance; NISSIN EX, The Shoko Chukin Bank: Second Opinion on Positive Impact Finance

Sep. 11, 2025: JCR Affirmed BB- Long-term Issuer Rating on Sharp; Revised Outlook to Stable; JCR Affirmed A-/Stable FC Long-term Issuer Ratings on Tianfeng Securities and TF International Securities Group; JCR Assigned A+ Rating to Bonds of Sojitz; JCR Assigned AA Rating to Bonds of Hankyu Hanshin HD; JCR Assigned AAA Rating to Bonds of Central Nippon Expressway; JCR Assigned BBB to Securities of STARTS (Ireland) PLC; Results of Review of Structured Finance Products (Excluding Those to Which Credit Ratings Are Assigned) August 2025

Sep. 10, 2025: JCR Affirmed A Long-term Issuer Rating on Lotte Chemical; Revised Outlook to Negative; JCR Affirmed A-/Stable Long-term Issuer Rating on ASAHI BROADCASTING GROUP HD; JCR Affirmed AA-/Stable and J-1+ on POCKET CARD; JCR Assigned AAA Rating to Bonds of East Nippon Expressway; JCR Assigned AA- to Sylph Limited Series 60237

Sep. 09, 2025: JCR Affirmed A+/Stable and J-1 on THK; JCR Affirmed BBB+/Stable Long-term Issuer Rating on OKASAN SECURITIES GROUP and OKASAN SECURITIES; JCR Affirmed BBB+/Stable and J-2 on Tokai Tokyo Financial HD and BBB+/Stable on Tokai Tokyo Securities; JCR Affirmed A/Stable Long-term Issuer Rating on TOMONY HD, TOKUSHIMA TAISHO BANK and KAGAWA BANK; JCR Assigned BBB Rating to Preferred Shares of ZENSHO HD; JCR Assigned AA- to Bonds of Kai Limited Series 70741

Sep. 08, 2025: JCR Affirmed BBB Long-term Issuer Rating on RENOVA; Revised Outlook to Positive; JCR Affirmed AA/Stable Long-term Issuer Rating on Mori Trust HD

Sep. 05, 2025: JCR Assigned A-/Stable Long-term Issuer Rating to Tokaido REIT; JCR Affirmed A+/Stable Long-term Issuer Rating on EXEO Group; JCR Affirmed A+/Stable Long-term Issuer Rating on One REIT; JCR Assigned AA+ Rating to Bonds of ITOCHU; JCR Assigned BBB Rating to Subordinated Bonds of ZENSHO HD; JCR Assigned AA+ Rating to Bonds of DAIKIN INDUSTRIES; JCR Assigned AA+ Rating to Bonds of Chubu Electric Power; JCR Assigned A+ Rating to Bonds of DOWA HD; JCR Assigned AAA Rating to Bonds of NTT FINANCE; JCR Assigned AA+ Rating to Bonds of NARITA INTERNATIONAL AIRPORT; JCR Assigned A+ Rating to Bonds of Japan Hotel REIT Investment Corporation; [ Asset Securitization Products ] JCR Assigned AA+ to Whiskey Finance FinCo LLC; JCR Affirmed BBB on Daiwa Green Finance Program Trust Beneficial Interest and Trust ABL (Kumamoto Kikuchi Solar Power Plant); Kurogane Kosakusho, The Shoko Chukin Bank: Second Opinion on Positive Impact Finance; JCR Withdraws AAA Long-term Issuer Rating on NTT DATA GROUP

Sep. 04, 2025: Change in CP Maximum Amount of KYOKUYO; Affirmed J-2; JCR Affirmed A-/Stable (FC) and A/Stable (LC) on Peru; [ Asset Securitization Products ] JCR Assigned Preliminary A+ to US real estate secured loan securitization 2025-09

Sep. 03, 2025: JCR Affirmed A and J-1 on Kobe Steel; Revised Outlook to Positive; JCR Affirmed BBB/Stable Long-term Issuer Rating on FUKUSHIMA BANK; JCR Affirmed AAA/Stable (FC/LC) on Australia

Sep. 02, 2025: Niterra Acquires DENSO's Spark Plug Business, etc.-No Immediate Impact on Rating; JCR Will Monitor Synergistic Effects and Impact on Earnings and Financials; JCR Affirmed A- FC Long-term Issuer Rating on Korea Investment & Securities; Revised Outlook to Positive; JCR Affirmed A/Stable Long-term Issuer Rating on KATO SANGYO; JCR Affirmed A-/Stable Long-term Issuer Rating on DAIICHI JITSUGYO; JCR Affirmed BBB+/Stable Long-term Issuer Rating on Central Tanshi FX

Sep. 01, 2025: JCR Affirmed AA-/Stable and J-1+ on ITOCHU ENEX; JCR Affirmed BB/Stable (FC/LC) on Republic of Turkiye; JCR Assigned AA Rating to EMTN Program of Mitsubishi HC Capital, Mitsubishi HC Capital UK, and Mitsubishi HC Finance America; Hokuhoku Financial Group: Second Opinion on Sustainable Deposit Framework

Aug. 29, 2025: JCR Assigned A/Stable (FC/LC) to Champion Real Estate Investment Trust; JCR Affirmed A (FC) on Hanwha Solutions; Revised Outlook to Negative; JCR Affirmed BBB+/Stable Long-term Issuer Rating on DAIKI ALUMINIUM INDUSTRY; JCR Affirmed A+/Stable and J-1 on Nomura Real Estate HD; JCR Assigned A+ Rating to Bonds of Orient Corporation; JCR Assigned A Rating to Bonds of PENTA-OCEAN CONSTRUCTION; JCR Assigned A+ Rating to Bonds of Mitsui O.S.K. Lines; JCR Assigned AA- Rating to Bonds of Sumitomo Metal Mining; JCR Assigned BBB+ Rating to Subordinated Bonds of SoftBank Group; JCR Assigned AA Rating to Bonds of T&D HD; JCR Assigned AAA Rating to Bonds of TOYOTA MOTOR; JCR Assigned Preliminary AA Rating to Shelf Registration of Sumitomo Electric Industries; JCR Withdraws AAA Long-term Issuer Rating on Kobe University; Keikyu: Assigned Green Finance Framework Evaluation: Green 1(F); Mizuho Leasing: Post-issuance Verification Report on Sustainability Linked Bond; Fuyo General Lease: Post-execution Verification Report on Sustainability Linked Loan/Bond; NIPPON THOMPSON: Post-execution Verification Report on Sustainability Linked Loan/Bond; Mizuho Bank, Mizuho Research & Technologies: Second Party Opinion on Human Capital Management Impact Finance Framework (Review); Ryou, The Juhachi-Shinwa Bank: Second Opinion on Positive Impact Finance; Niseko Environment, The Shoko Chukin Bank: Second Opinion on Positive Impact Finance; Marumasa Food, The Shoko Chukin Bank: Second Opinion on Positive Impact Finance; SHIMIZU MATERIAL, The Shoko Chukin Bank: Second Opinion on Positive Impact Finance; Nakagawa Industry & Logistics, The Shoko Chukin Bank: Second Opinion on Positive Impact Finance; Nippo Rent a Car system, The Shoko Chukin Bank and THE KYOTO CHUO SHINKIN BANK: Second Opinion on Positive Impact Finance; Kawaguchikaguseisakusyo, THE NISHI-NIPPON CITY BANK: Second Opinion on Positive Impact Finance; MUGEN ESTATE, The Ashikaga Bank: Second Opinion on Positive Impact Finance; R&E, The Hokkaido Bank: Second Opinion on Positive Impact Finance; Asahikawa Shokuryou, The Hokkaido Bank: Second Opinion on Positive Impact Finance; HACHI-BAN, The Hokuriku Bank: Second Opinion on Positive Impact Finance

Aug. 28, 2025: SOMPO Group Acquires U.S. Specialty Insurance Group - No Impact on Ratings; Regarding Landslide Risk of BRS Mega Solar Project Bond Trust 1 - JCR Will Monitor Boring Survey Results; JCR's Rating Review of Three Major Oil Distributors; JCR Affirmed A+/Stable and J-1 on Idemitsu Credit; JCR Affirmed BBB+/Stable Long-term Issuer Rating on Sanken Electric; JCR Affirmed AA-/Stable Long-term Issuer Rating on JCOM; JCR Affirmed A-/Stable and J-1 on Daio Paper; JCR Affirmed A/Stable Long-term Issuer Rating on TOHO HD; JCR Assigned AA Rating to Bonds of Mitsubishi Heavy Industries; JCR Assigned A+ Rating to Bonds of JA MITSUI LEASING; JCR Assigned A- to Bonds of Cypher Limited Series 10067

Release Information: News Release; Issuer Reports; Reports relating to Issuer; JCR News