News Release

Month
Year   Month
Period
Issuer Category




Industry
Key Word
Nov. 29, 2007
Upgraded rating on Namura Shipbuilding to BBB/Stable
JCR Affirmed AAp Rating on Deutsche Bank
Nov. 28, 2007
Affirmed A+/Stable Yamagata Bank
Affirmed A/Stable and A- on sr.debts and sub.bond of Shonai Bank
Affirmed BBBp/Stable on senior debts of Nippon Denwa Shisetsu
Upgraded sr.debts of Daimei Telecom Engineering to A-/Stable
Affirmed A-/Stable on senior debts of Commuture
Revises Rating Outlook of Korea Electric Power to Positive
Revises Rating Outlook of Korea Development Bank to Positive
JCR Removed CM and upgraded Sanyo Shinpan to A- and J-1
JCR Removed CM and upgraded Pocket Card to A- and J-1
Assigned AAA to bonds of Kansai Electric Power Company
Affirms A+/AA- (FC/LC) on Daejeon Met. City; Outlook Positive
Assigned AAA to bonds of Kyushu Electric Power Company
Nov. 27, 2007
Affirmed A-/Stable on senior debts of Takeda General Hospital
JCR Upgraded EMTN of Mitsui O.S.K. Lines to AA- from A+
JCR Upgraded EMTN of Euromol to AA- from A+
JCR Upgraded EMTN of Mitsui O.S.K. Finance to AA- from A+
JCR Upgraded rating on Mitsui O.S.K. Lines to AA-/Stable from A+/Positive
Affirmed A/Stable and J-1 on sr.debts and CP of Kawasaki Kisen
Affirmed A/Stable on senior debts of Tokyo Star Bank
Assigned A to bonds of Meiji Dairies
Affirmed J-2 on CP of Tokyo Associates Finance
Nov. 26, 2007
Assigned preliminary A+ to shelf registration of Mitsubishi Chemical
Assigned preliminary A to shelf registration of Meiji Dairies
Affirmed A on EMTN of BOT Lease
Upgraded sr.debts and CP of Don Quijote to A-/Stable and J-1
Nov. 22, 2007
JCR Affirmed BBB on Okasan Holdings Revised outlook to Stable
JCR Affirmed BBB on Okasan Securities Revised outlook to Stable
Assigned preliminary AA and AA to shelf registration and bonds of Keio Corporation
Revised direction to CM for Katokichi to Positive from Negative
Assigned AA- to bodns of Mori Hills REIT Investment
Affirmed BBB/Stable on senior debts of Toyo Logistics
Assigned BBB+ to bonds of Elpida Memory
Nov. 21, 2007
Assigned A+ to bonds of Hiroshima Bank
Assigned AA to bonds of Nippon Steel
Upgraded sr.debts of Cosmo Oil to BBB+/Stable from BBB/Stable
Placed ratings on Bank of Ikeda under Credit Monitor
Nov. 20, 2007
Affirmed AA/Stable on senior debts of Mitsubishi Logistics
Affirmed BBB/Stable on senior debts of Softbank Telecom
Affirmed BBB/Stable and J-2 on sr.debts and CP of Softbank
Removed CM and upgraded Jaccs to A-/Stable from #BBB+/Positive
Affirmed AAp/Stable on senior debts of Nippon Express
Nov. 19, 2007
Upgraded sr.debts of Tsubakimoto Chain to A-/Stable
Assigned A/Stable to senior debts of OSG Corporation
Assigned preliminary AA- to shelf registration of Sumitomo Trust & Banking
Upgraded sr.debts of Atrium to BBB+/Stable from BBB/Stable
Nov. 16, 2007
Affirmed A-/Stable on senior debts of Riso Kagaku
Affirmed BBB for Chiba Kogyo Bank; Revised outlook to Positive
Nov. 15, 2007
Affirmed A+/Stable on sr.debts of Yokogawa Electric
Affirmed AA-/Stable on sr.debts of Nippon Electric Glass
Assigned AA to bonds of Nomura Holdings
Affirmed A/Stable and A- on sr.debts and sub.bonds of Aomori Bank
JCR Placed Mizuho Securities under CM with Negative
JCR Placed Shinko Securities under CM with Negative
Nov. 14, 2007
Affirmed BBB+ for Showa Sangyo; Revised outlook to Stable
Affirmed AA/Stable on senior debts of Nisshin Seifun Group
Affirmed A-/Stable on sr.debts of Nippon Flour Mills
Assigned AA- to bonds of Orix
Continues CM on NIS Group; Downgrades CP to NJ (from #J-3)
Continues CM on NIS Group; Downgrades CP to NJ (from #J-3)
Nov. 13, 2007
Withdrawn BBB-/Negative rating on Kyokuto Boeki
Affirmed BBB/Stable on senior debts of Shinnihon Corp.
Nov. 12, 2007
Assigned AAA to bonds of Electric Power Development Company
Nov. 09, 2007
Affirmed A for Shimizu Bank; Revised outlook to Negative
Affirmed A-/Stable on senior debts of Amagasaki Shinkin Bank
Affirmed BBB for Hikari Tsushin; Revised outlook to Stable
Affirmed A on sr.debts of Nifco; Revised outlook to Positive
Affirmed A/Stable and A on sr.debts and bonds of Hokuetsu Paper Mills
Assigned BBB+ to bonds of Showa Denko
Withdrawn BB/Stable on senior debts of Car Mate
Assigned A+ to bonds of Nisshin Steel
Assigned AA- to bonds of Sumitomo Metal Industries
Assigned A- to bonds of Tokyo Tatemono
Assigned A+ to bonds of Itochu
Nov. 08, 2007
JCR Affirmed J-1 on euro CP programme of Yamaha Motor Europe
JCR Affirmed J-1 on euro CP programme of Yamaha Motor Finance (Europe)
Affirmed A+/Stable and J-1 on sr.debts and CP of Yamaha Motor
Assigned AAA to bonds of Development Bank of Japan
Assigned AA- to sub.bonds of Bank of Tokyo-Mitsubishi UFJ
Assigned AA to bonds of Urban Renaissance Agency
Nov. 07, 2007
Affirmed J-2 on CP of Furukawa Electric
Assigned BBB+/Stable to senior debts of Yamazen
Affirmed BBB+/Stable on senior debts of Ome Shinkin Bank
Assigned AAA to bonds of Kyushu Electric Power Company
Assigned AAA to bonds of Kansai Electric Power Company
Assigned A- to bonds of Hankyu Hanshin Holdings
Assigned AA to bonds of JFE Holdings