News Release

Month
Year   Month
Period
Issuer Category




Industry
Key Word
Oct. 30, 2007
Assigned preliminary A- to shelf of Nishi-Nippon City Bank (Corrected)
Affirmed A-/Stable on senior debts of Shizuoka Shinkin Bank
Oct. 29, 2007
Assigned J-1 to CP program of Nippon Steel Logistics
Affirmed BBB+/Stable and J-2 on senior debts and CP of Hanwa
Oct. 26, 2007
Affirmed A-/Stable on senior debts of Nippon Thompson
Upgraded sr.debts of Tokyu to A+: Revised outlook to Stable
Affirmed A-/Stable on senior debts of Keisei Electric Railway
Affirmed AA/Stable and J-1+ on sr.debts and CP of Keio Corporation
Affirmed BBB+/Stable on senior debts of Sagami Railway
Affirmed BBB/Stable on senior debts of Tobu Railway
Assigned A+/Stable to senior debts of Keihin Electric Express
Oct. 25, 2007
Assigned J-1 to Toyoshima Bills Receivable Certificates/ABL07-10
Assigned A- to bonds of Tokyu Land
Assigned AA+ to bonds of Japan Student Services
Assigned AA+ to bonds of Japan Water Agency
Assigned preliminary A- to shelf registration of Fuji Electric Holdings
Oct. 24, 2007
Assigned AAA to bonds of Japan Bank for International
Oct. 23, 2007
Assigned A+ to bonds of Kobe Steel
Affirmed A+/Stable on senior debts of Obayashi
Affirmed BBB-/Stable on Marubeni Construction Material Lease
Affirmed A+p/Stable on senior debts of Shimizu Corporation
Assigned BBB to bonds of Sojitz
Assigned A to bonds of Sumitomo Realty & Development
Oct. 22, 2007
Assigned AA- to EMTN of Sumitomo Mitsui Finance and Leasing
Removed CM and upgraded rating on Tokai Pulp to BBB
Affirmed A-/Stable on senior debts of Maruzen Showa Unyu
Upgraded sr.debts of BOT Lease to A/Stable and affirmed J-1 on CP
Affirmed A+p/Stable on senior debts of NSK
Placed rating on CP of Seiyu under CM with Positive
Assigned BBB/Stable to senior debts of Tokushu Tokai Holdings
Withdrawn BBB/Stable on senior debts of Tokai Pulp & Paper
Oct. 19, 2007
Affirmed BBB/Negative on senior debts of Hokuto Bank
Assigned AA- to bonds of Mitsubishi UFJ Lease & Finance
Affirmed A-/Stable on senior debts of CMK
Affirmed BBB+/Stable on senior debts of TOA
Assigned BBB/Stable to senior debts of Oenon Holdings
Oct. 18, 2007
Assigned AA to bonds of Kansai International Airport
Affirmed AA/Stable on senior debts of Oriental Land
Affirmed AA+/Stable for AIG Edison Life Insurance
Downgraded OMC Card to BBB; Revising outlook to Developing
Oct. 17, 2007
Affirmed A-/Stable on senior debts of Ikubunkan Yume-Gakuen
Assigned preliminary BBB+ to shelf registration of Matsui Securities
Assigned BBB+/Stable to senior debts of Tohoku Bank
Affirmed A-/Stable on senior debts of Taiho Kogyo
Affirmed A/Stable on senior debts of Fuyo General Lease
Assigned AA- to bonds of Mizuho corporate Bank
Affirmed AA/Stable on senior debts of Asahi Kasei
Oct. 16, 2007
Removed CM: Affirmed BBB- on sr.debts of Toyama Chemical
Affirmed A-/Stable and J-1 on sr.debts and CP of Century Leasing System
Affirmed A/Stable on senior debts of Noritake
Upgraded rating on Kobelco Construction Machinery to A-/Stable and J-1
Oct. 15, 2007
Affirmed J-1 on CP program of Sumitomo Realty & Development
Oct. 12, 2007
Affirmed BBB/Stable and BBB on sr.debts and bonds of S & B Foods
Affirmed A/Stable and A on sr.debts and bonds of Mitsui-Soko
Affirmed J-2 on CP of Marudai Food
Affirmed J-2 on CP of Tsubakimoto Kogyo
Affirmed J-1 on CP of Mizuho Investors Securities
Affirmed A/Stable and A on sr.debts and bonds of Minebea
Placed CM Negative; Downgraded NIS Group to #BB
Placed CM Negative; Downgraded NIS Group to #BB
Assigned AAA to bonds of Japan Finance Corporation for Small and Medium Enterprise
Assigned A rating to bonds of Marubeni
Assigned AAA to bonds of Tokyo Electric Power Company
Assigned preliminary BBB to shelf registration of Cosmo Oil
Downgraded Towa Bank to #BBB-/Negative from #BBB/Negative
Oct. 11, 2007
Affirmed A for Hyakujushi Bank; Revised outlook to Positive
Assigned AA to bonds of Bank of Tokyo-Mitsubishi UFJ
Upgraded Rating on All Nippon Airways to A-/Stable and J-1
Oct. 10, 2007
Upgraded ratings on Tokyo Tatemono to A-/Stable and J-1
Assigned preliminary A to shelf registration of Taiko Bank
Affirmed AA+/Stable and J-1+ on sr.debts and CP of NTT Data
Assigned preliminary A- and A- to shelf and bonds of Mazda Motor
Assigned preliminary BBB+ to shelf registration of Accordia Golf
Assigned AAA to bonds of Tokyo Metro
Affirmed J-1 on CP of UC Card
Affirmed BBB+/Stable and J-2 on senior debts and CP of Resorttrust
Assigned preliminary A- to shelf registration of Daisan Bank
Oct. 09, 2007