News Release

Month
Year   Month
Period
Issuer Category



Industry
Key Word
Sep. 28, 2007
Assigned J-1+ to JUTEC Bills Receivable ABL07-09
Assigned J-1 to Bills Receivable ABL07-09 (A Corporation in Aichi)
Assigned J-1 to Hayakawa Rubber Bills Receivable ABL07-09(2)
Assigned J-1+ to Nippei Toyama Bills Receivable ABL07-09
Assigned J-1 to Toda Kogyo Bills Receivable ABL07-09
Assigned J-1 to Molten Bills Receivable ABL07-09
Affirmed A-/Stable on sr.debts of Konoike Transportation
Affirmed BBB/Stable on senior debts of Intec Holdings
Affirmed BBB/Stable on senior debts of Intec
Assigned AA-/Stable for SMBC Leasing (Sumitomo Mitsui Finance and Leasing);Upgraded MTN from A+ to AA-
Assigned preliminary A- to shelf registration of Nisshin Oillio
Upgraded sr.debts of Makino Milling Machine to A-
Upgraded sr.debts of Okuma Corporation to A-/Stable from BBB+/Positive
Assigned AA-/Stable to sr.debts of Sumitomo Mitsui Auto Service
Affirmed BBB/Stable on senior debts of Fuji
Withdrawn BBB/Stable rating on senior debts of Zojirushi
Withdrawn BB+/Stable and J-3 on sr.debts and CP of Sun Wave
Affirmed J-1 on CP of Tokyu Land
Assigned preliminary BBB to shelf registration of Suruga
Affirmed A/Stable on sr. debts of Izumi
Sep. 27, 2007
Assigned J-1 to Bills Receivable ABL07-09 (B Corporation in Mie)
Assigned J-1 to MoonStar Bills Receivable ABL07-09
Assigned J-1 to Ochisangyo Bills Receivable ABL07-09-(1)(2)(3)
Assigned J-1 to Nippon Tungsten Bills Receivable ABL07-09
Assigned J-1+ to Kimura Bills Receivable Certificates/ABL07-09
Affirmed BBB+/Stable on senior debts of Nippon Sheet Glass
JCR Withdraws AA- and A+ rating on EMTN of TTB Finance Cayman
Upgraded rating on sr.debts of Yasuda Real Estate to BBB+
Downgraded NIS Group to BB+
Downgraded Nissin Servicer to BB+
Sep. 26, 2007
Assigned J-1 to Osaka Steel Tube Bills Receivable ABL07-09
Assigned J-1 to SEIBUKIZAI Bills Receivable ABL07-09
Assigned preliminary A to shelf registration of Fuyo General Lease
Upgraded sr.debts of Kowa Shinagawa Development to BBB+/Stable
Affirmed AA-/Stable on sr.debts of Yamaha Corporation
Affirmed BBB-/Stable on sr.debts of Miyoshi Oil & Fat
Affirmed J-1 on CP program of Sanyo Special Steel
Sep. 25, 2007
Assigned J-1+ to MSNW Trust Certificate Series 07090
Assigned J-1+ to Amano Bills Receivable Certificates/07-09
Assigned J-1 to healthcare fees receivable ABL07-09 (Kyowakai)
Assigned J-1 to Nakagawa Seitaikako Bills Receivable ABL07-09
Assigned J-1 to Fuji Shokai Bills Receivable ABL07-09
Affirmed BBB- for Kyosei Rentemu; Revised outlook to Stable
Removed CM and upgraded Sumitomo Wiring to AA/Stable
Affirmed AA/Stable on sr.debts of Sumitomo Electric Industries
Assigned preliminary BBB- to shelf registration of Zephyr
Affirmed A+/Stable and J-1 on sr.debts and CP of Ito En
Affirmed A on EMTN programme of Tokyo Leasing
Withdrawn A/Stable rating on senior debts of Itochu Finance
Sep. 21, 2007
Assigned J-1+ to ABCP of Total Asset Funding Corp.
JCR Upgraded sr.debts and CP of Mitsubishi Motors to BB/Stable and J-3
JCR Upgraded MTN program of Mitsubishi Motors Credit of America to BB-
JCR Upgraded MTN program of MMC International Finance Netherlands to BB-
Affirmed AA-/Stable on senior debts of Awa Bank
Upgraded sr.debts of Marubeni-Itochu Steel to A from A-
Affirmed AA- for Toyota Boshoku; Revised outlook to Positive
Sep. 20, 2007
Affirmed AA/Stable on sr.debts of Chugai Pharmaceutical
Affirmed BBB-/Stable on senior debts of Sogo Medical
Affirmed BBB+/Stable and J-2 on senior debts and CP of Toho Zinc
Assigned preliminary A+ and A on shelf registration of Mizuho Trust & Banking
Assigned BBB- to bonds of Japan General Estate
Assigned AA- to bonds of Orix
Sep. 19, 2007
Assigned J-1 to healthcare fees ABL07-09 (Asahikawa Sanai HP)
Assigned J-1 to healthcare fees receivable ABL07-09 (C Hospital)
Affirmed BBB+/Stable on senior debts of Sankei Shimbun
Sep. 18, 2007
Affirmed J-1+ on ABCP following review of Credit Enhancers
Affirmed J-1+ on ABCP following review of Credit Enhancers
Affirmed J-1+ on ABCP following review of Credit Enhancers
Affirmed J-1+ on ABCP following review of Credit Enhancers
Affirmed J-1+ on ABCP following review of Credit Enhancers
Assigned J-1 to healthcare fees ABL07-09 (D Hospital)
Assigned J-1 to healthcare fees ABL07-09 (E Hospital)
JCR Affirmed J-1+ on ABCP following review of Credit Enhancers
Upgraded Class D bonds of Trust Maison to A-
Assigned preliminary A- to shelf registration of IBJ Leasing
Affirmed A-/Stable on senior debts of Fukuyama Transporting
Affirmed A-/Stable on senior debts of Higashi-Nippon Bank
Affirmed BBB+/Stable on sr.debts of Tonami Transportation
Affirmed BBB+/Stable on senior debts of Hakuto
Sep. 14, 2007
Assigned A to bonds of Takara Holdings
Affirmed A-/Stable on sr.debts of Asahi Broadcasting
Upgraded sr.debts of Kanamoto to BBB from BBB-
Affirmed A+/Stable and A on sr.debts and sub.bonds of Hiroshima Bank
Downgraded rating on CP of Credia to D from NJ
Sep. 13, 2007
Assigned J-1+ to Takeda Gen. Hospital Trust Certificates 07-09
Assigned J-1 to healthcare fees ABL07-09 (Heiwa & Konbu Onsen)
Assigned J-1 to healthcare fees receivable ABL07-09 (A Hospital)
Assigned A to bonds of Sumitomo Realty & Development
Assigned AAA/Stable to senior of Tokio Marine Financial Solutions
Downgraded Shinki to #BB+ with developing direction to it
Sep. 12, 2007
Affirmed BBB- for GS Yuasa and Revised outlook to Positive
JCR Assigned A+ to bonds of Daiwa Securities Group
Assigned BBB to subordinated bonds of Bank of Kochi
Affirmed A+/Stable on senior debts of Eighteenth Bank
Affirmed A/Stable on senior debts of Denki Kagaku Kogyo
Affirmed A-/Stable on senior debts of Tosoh Corporation
Affirmed Ap/Stable on sr.debts of Hitachi Maxell
Assigned A to bonds of Sankei Building
Assigned BBB to bonds of Sojitz
Assigned AAA to bonds of Development Bank of Japan
Assigned AAA to bonds of Electric Power Development Company
Assigned AAA to bonds of Tokyo Electric Power Company