News Release

Month
Year   Month
Period
Issuer Category



Industry
Key Word
Jul. 10, 2007
Assigned preliminary A to shelf registration of Acom
Assigned A- to bonds of Hankyu Hanshin Holdings
Affirmed BBB/Stable on senior debts of Culture Convenience Club
Assigned A to bonds of Takashimaya
Jul. 09, 2007
Assigned J-1 to Nohara Bills Receivable ABL07-07
Assigned preliminary AA to shelf of JFE Holdings
Assigned preliminary A rating to shelf of Marubeni
Affirmed AAA on sr.debts of Development Bank of Japan and Revised outlook to Stable
Affirmed AAA on sr.debts of Development Bank of Japan and Revised outlook to Stable
Jul. 06, 2007
Assigned A/Stable to sr.debts of Daido Fire & Marine
Assigned preliminary A- to shelf of Sumitomo Osaka Cement
Assigned AAA/Stable to sr.debts of Hitotsubashi University
Jul. 05, 2007
Assigned BBB+ to bonds of Pocket Card
Assigned preliminary AA- to shelf registration of Orix
Withdrawn #A+/Positive on shelf of Sumitomo Wiring Systems
Assigned AAA to bonds of National Life Finance
Assigned AAA to bonds of Chugoku Electric Power
Jul. 04, 2007
Affirmed A- for Hyundai Capital Services and Revised outlook to Positive
Affirmed BBB+ for Aomori Shinkin Bank & Revised outlook to Negative
Upgraded sr.debts of Akebono Brake Industry to A-/Stable from BBB+
Assigned preliminary AAA to shelf of Electric Power Development Company
Jul. 03, 2007
Upgraded sr.debts of Keiyo to BBB- and Revised outlook to Stable
Jun. 29, 2007
Assigned J-1 to Aso Shoji Bills Receivable ABL07-06
Assigned J-1+ to Teral Kyokuto Bills Receivable ABL07-06
Assigned J-1 to Hayakawa Rubber Bills Receivable ABL07-06
Assigned J-1 to Molten Bills Receivable ABL07-06
Assigned J-1+ to Nippei Toyama Bills Receivable ABL07-06
Assigned J-1 to Toda Kogyo Bills Receivable ABL07-06
Withdrawn J-1 rating on CP program of Itochu Finance
Removed CM and affirmed A/Stable on sr.debts of TIS
Assigned A- to bonds of Nippon Tochi-Tatemono
Removed CM and downgraded Sanki Engineering to BBB+/Stable
Upgraded LT and ST sr.debts of kabu.com Securities to A+ and J-1
Jun. 28, 2007
Assigned J-1 to Bills Receivable ABL07-06 (B Corporation in Mie)
Assigned J-1+ to Kimura Bills Receivable Certificates/ABL07-06
Assigned J-1 to MoonStar Bills Receivable ABL07-06
Assigned J-1+ to JUTEC Bills Receivable ABL07-06
JCR Affirmed A- and BBB+ for Tokyo Tomin Bank and Revised outlook to Positive
JCR Affirmed BBB+ and BBB for Tokyo Tomin Finance (Cayman)
Affirmed AA+/Stable on sr.debts of Japan Water Agency
Upgraded sr.debts of Kagome to A/Stable from A-/Positive
Assigned A+ to bonds of Aeon Credit Service
Jun. 27, 2007
Assigned J-1 to SEIBUKIZAI Bills Receivable ABL07-06
Assigned J-1 to Osaka Steel Tube Bills Receivable ABL07-06
Jun. 26, 2007
Upgraded sr.debts and CP of Tokyu Land to A-/Stable and J-1
Assigned A to bonds of Horiba
Jun. 25, 2007
Assigned J-1+ to MSNW Trust Certificate Series 07060
Withdrawn preliminary AAA rating on shelf of Electric Power Development
Jun. 22, 2007
Assigned J-1 to healthcare fees receivable ABL07-06 (C Hospital)
Assigned J-1 to healthcare fees ABL07-06 (D Hospital)
Assigned J-1 to Bills Receivable ABL07-06 (A Corporation in Aichi)
Assigned J-1 to healthcare fees ABL07-06 (Asahikawa Sanai HP)
Assigned A- to bonds of PTT
Affirmed A-/Stable on sr.debts of Seishin Shinkin Bank
Jun. 21, 2007
Assigned J-1 to Fuji Shokai Bills Receivable ABL07-06
Assigned A-/Stable to sr.debts of Tono Shinkin Bank
Assigned preliminary A and A to shelf and bonds of Sumitomo Realty & Development
Assigned A+ to bonds of Sumitomo Rubber
Assigned BBB+ to bonds of Sapporo Holdings
Assigned AA+ to bonds of Japan Student Services Organization
Placed Jaccs under Credit Monitor with Positive direction
Removed CM and upgraded Nosan to A/Stable
Affirmed J-2 on CP of Saiyu
Affirmed BBB+/Stable on sr.debts of Matsui Securities
Jun. 20, 2007
Assigned J-1 to healthcare fees ABL07-06 (E Hospital)
Assigned J-1 to Molten Bills Receivable ABL08-06
Assigned AAA to bonds of Kyushu Electric Power Company
Assigned BBB+/Stable to sr.debts of Tohokusoshin
Assigned BBB- to bonds of ES-CON Japan
Affirmed A/Stable on senior debts of Taiko Bank
Affirmed AA-/Stable on sr.debts of Futaba Industrial
Removed CM & affirmed BBB+ on sr.debts of Sanyo Electric
Jun. 19, 2007
Assigned BBB- to bonds of Towa Real Estate Development
Affirmed A-/Stable on sr.debts of Sapporo Shinkin Bank
Jun. 18, 2007
Assigned J-1 to healthcare fees receivable ABL07-06 (A Hospital)
Assigned J-1 to healthcare fees ABL07-06 (Heiwa & Konbu Onsen)
Assigned preliminary A rating to shelf registration of SUMCO
Jun. 15, 2007
Affirmed A-/Stable on sr.debts of Saitamaken Shinkin Bank
Affirmed AA+ on sr.debts of Japan Student Services Organization
Affirmed BBB+/Stable on sr.debts of ASKA Pharmaceutical
Assigned preliminary A+ to shelf registration of Sumitomo Metal
Jun. 14, 2007
Assigned J-1+ to Takeda Gen. Hospital Trust Certificates 07-06
Assigned J-1 to healthcare fees receivable ABL07-06 (Tokachinomori)
Assigned AA to bonds of NTT Finance
Affirmed AAA/Stable and AAA on sr.debts and bonds of National Life Finance
Jun. 13, 2007
Assigned J-1 to Healthcare Fees Receivable ABL07-06 (Ishii HP)
Assigned J-1 to healthcare fees receivable ABL07-06 (B Hospital)
Affirmed A- on sr.debts of Nippon Tochi-Tatemono
Assigned AA- to bonds of Mitsubishi UFJ Lease & Finance
Affirmed A-/Stable on sr.debts of Michinoku Bank
Jun. 12, 2007
Affirmed A+/Stable on sr.debts of Aichi Bank
Affirmed BBB+/Stable on sr.debts of Oriental Yeast
Affirmed A- for Nishi-Nippon City Bank & Revised Outlook to Positive
Assigns Telefonica at A-/Stable
JCR Assigned BBB+ to EMTN of Monex Beans Holdings; Affirmed BBB+/Stable
JCR Affirmed BBB+/Stable and J-2 on Monex
Assigned BBB- to bonds of Zephyr
Jun. 11, 2007
Assigned BBB/Stable and J-2 to sr.debts and CP of Daiei Real Estate
Assigned preliminary BBB to shelf of Joint Corporation
Removed CM and downgraded Jaccs to BBB+/Stable
Jun. 08, 2007
Assigned J-1 to Nohara Bills Receivable ABL07-06
Assigned AA to bonds of Nippon Yusen