News Release

Jun. 10, 2013

Highlights of General Trading Companies' Financial Results for Fiscal Year Ended March 31, 2013

JCR Affirmed A/Stable, A, Preliminary A, and J-1 on TonenGeneral Sekiyu

JCR Affirmed AA on EMTN of Suntory Holdings
JCR Affirmed AA on EMTN of SUNTORY EUROPE
JCR Assigned AA Rating to EMTN of SUNTORY CAPITAL AMERICA

Jun. 07, 2013

JCR Affirmed A-/Stable Long-term Issuer Rating on Tono Shinkin Bank

JCR Assigned A- Rating to Bonds of Keihan Electric Railway

JCR Assigned A- Rating to Bonds of IHI

JCR Assigned BBB+ Rating to Bonds of Hanwa

JCR Affirmed AAA/AAA (FC/LC) Long-Term Issuer Ratings on Singapore

JCR Assigned AA+ Rating to Bonds of NTT Data

JCR Assigned A Rating to Bonds of Sony

JCR Assigned AA- Rating to Bonds of JCB; Affirmed AA-/Stable, AA- and J-1+

JCR Affirmed AA-/Stable, AA- and A+ on Nomura Holdings
JCR Affirmed AA-/Stable, AA- and A+ on Nomura Securities
JCR Affirmed AA-/Stable, AA- on Nomura Bank International
JCR Affirmed AA- on Nomura Europe Finance

JCR Assigned AA Rating to Bonds of Chubu Electric Power

Jun. 06, 2013

JCR's Opinion on Idemitsu Kosan's Announcement on Final Invest Decision on Nghi Son Refinery/Petrochemical Complex

JCR Assigned AA Rating to Bonds of Tohoku Electric Power

JCR Assigned AA Rating to Bonds of Urban Renaissance Agency

Jun. 05, 2013

JCR Assigned A- Rating to JPY Bond of Renault

JCR Assigned AA- Rating to Bonds of Tokyu Corporation

JCR Assigned A+ Rating to Bonds of Keikyu Corporation

JCR Assigned AAA Rating to Bonds of Tokyo Metro

JCR Assigned A Rating to Bonds of IBJ Leasing

JCR Assigned A+ Rating to Bonds of Sumitomo Chemical

JCR Upgraded Long-term Issuer Rating on Hiroshima Shinkin Bank from A-/Positive to A/Stable

JCR Assigned AAA Rating to Bonds of Aichi Prefecture

JCR Assigned AA Rating to Bonds of Chugoku Electric Power

JCR Assigned AA Rating to Bonds of Kyushu Electric Power

Jun. 04, 2013

JCR Assigned A Rating to Bonds of Denki Kagaku Kogyo

Highlights of General Chemical Manufacturers' Financial Results for Fiscal Year Ended March 31, 2013

JCR Affirmed J-2 Rating on CP of KYOKUYO

JCR Affirmed A/Stable Rating on ROHTO Pharmaceutical

JCR Considers Modifying Methodology for Rating Regional Banks Consolidated with Mega Bank Groups

Jun. 03, 2013

JCR Affirmed A Rating on Bonds/Loans of Totate Higashi Hakushima TMK

JCR Assigned A-/Stable Long-term Issuer Rating to NEXON

JCR Assigned #A[Negative] Rating to Bonds of Softbank

May. 31, 2013

[ Asset Securitization Products ] JCR Assigned J-1 to Nohara Bills Receivable ABL13-05

[ Asset Securitization Products ] JCR Assigned J-1+ to Teral Bills Receivable ABL13-05

[ Asset Securitization Products ] JCR Assigned J-1 to Toda Kogyo Bills Receivable ABL13-05

[ Asset Securitization Products ] JCR Assigned J-1 to Molten Bills Receivable ABL13-05

JCR Assigned BBB Rating to Bonds of Dainippon Screen Mfg.

Highlights of Financial Results of General Construction Companies for Fiscal Year Ended March 31, 2013

JCR Withdraws A+/Stable Long-term Issuer Rating on Coca-Cola Central Japan

JCR Assigned A Rating to Bonds of Acom

May. 30, 2013

[ Asset Securitization Products ] JCR Assigned J-1 to Hayakawa Rubber Bills Receivable ABL13-05

[ Asset Securitization Products ] JCR Assigned J-1 to Aso Shoji Bills Receivable ABL13-05

JCR Assigned A- Rating to Bonds of Ube Industries

JCR Assigned A Rating to Bonds of Sumitomo Realty & Development

JCR Assigned BBB+ Rating to Bonds of Fuji Electric

JCR Affirmed J-1 Rating on CP of Softbank; Increase in CP Maximum Amount

JCR Affirmed BBB/Stable and BBB- Rating on Saga Kyoei Bank

JCR Assigned AA Rating to Bonds of Mitsubishi UFJ Trust and Banking

JCR Assigned BBB Rating to Subordinated Bonds of Tokyo Star Bank

JCR Assigned AA+ Rating to Bonds of JASSO

May. 29, 2013

JCR Assigned A- Rating to Bonds of Mitsui Mining & Smelting

JCR Assigned A+ Rating to Bonds of Mitsubishi Chemical Holdings

JCR Affirmed A Rating on Daiwa Securities Group; Revised Outlook to Positive
JCR Affirmed A Rating on Daiwa Securities; Revised Outlook to Positive

May. 28, 2013

[ Asset Securitization Products ] JCR Assigned J-1 to Hyakugo Bank B Corporation Bills Receivable ABL13-05

JCR Upgraded Rating on Sumitomo Metal Mining from A+/Positive to AA-/Stable

JCR Affirmed A-/Stable Long-term and J-1 Short-term Issuer Rating on Kyoto Shinkin Bank

JCR Assigned A+ Rating to Bonds of Nishi-Nippon Railroad

May. 27, 2013

[ Asset Securitization Products ]JCR Assigned J-1+ to MSNW Trust Certificate Series 13050

JCR Affirmed A-/Stable Rating on Ariake Japan

May. 25, 2013

[ Asset Securitization Products ]JCR Assigned J-1+ to MSNW Trust Certificate Series 13050

May. 24, 2013

JCR Assigned J-1+ and J-2 to C Corporation Bills Receivable ABL13-05

JCR Assigned J-3 to Monthly Clear Card Shopping Receivable ABL13-05

JCR Assigned A/Stable Long-term Issuer Rating, A and Preliminary A Rating to Sony Corporation

JCR Assigned BBB Rating to Bonds of Sojitz Corporation

JCR Assigned Preliminary A- Rating to Shelf Registration of Keihan Electric Railway

JCR Affirmed A-/Stable Rating on Saitamaken Shinkin Bank

JCR Downgraded Ratings on Slovenia to A+ from AA- with Negative Outlook

JCR Assigned AA+ Rating to Bonds of Electric Power Development

JCR Affirmed A+/Stable Long-term Issuer Rating on Nishi-Nippon Railroad

JCR Affirmed A/Stable Long-term Issuer Rating, A and J-1 Rating on Itochu Enex

May. 23, 2013

[ Asset Securitization Products ] JCR Assigned Pre. J-1 to Aso Shoji Bills Receivable ABL13-05

[ Asset Securitization Products ] JCR Assigned Pre. J-1 to Hyakugo Bank B Corporation Bills Receivable ABL13-05

JCR Upgraded Ratings on Turkey from BB to BBB-

JCR Affirmed A/Stable Rating on J. F. Oberlin University and Affiliated Schools

May. 22, 2013

[ Asset Securitization Products ] JCR Assigned J-1 to Medical Fees Receivable ABL13-05 (Asahikawa Sanai HP)

JCR Affirmed AA/Stable Long-term Issuer Rating on Gunma Bank

JCR Affirmed AA-/Stable Long-term Issuer Rating on Fukuoka REIT Corporation

JCR Withdraws A-/Stable Long-term Issuer Rating on Saikyo Shinkin Bank

JCR Affirmed A+/Stable Long-term Issuer Rating on Keiyo Bank

JCR Affirmed A-/Stable Long-term Issuer Rating on North Pacific Bank

Highlights of Major Automakers' Financial Results for Fiscal Year Ended March 31, 2013

May. 21, 2013

[ Asset Securitization Products ] JCR Assigned J-3 to Narasaki Stax Accounts Receivable ABL13-05

JCR Assigned AA+ Rating to Bonds of NTT Finance

May. 20, 2013

[ Asset Securitization Products ] JCR Assigned J-1 to Medical Fees Receivable ABL13-05(F Hospital)

[ Asset Securitization Products ]JCR Assigned Preliminary J-1+ to MSNW Trust Certificate Series 13050

[ Asset Securitization Products ]JCR Assigned J-1 to Medical Fees Receivable ABL13-05 (C Hospital)

JCR's Opinion on Ferrotec's FY Ended Mar. 31, 2013 Financial Results Announcement

JCR Withdraws J-2 Rating on Mazda Motor

May. 17, 2013

[ Asset Securitization Products ]JCR Affirmed J-1 on Medical Fees Receivable ABL Program (Kyowakai)

JCR Assigned AAA Rating to Bonds of Aichi Prefecture

JCR's Opinion on NSG's Financial Results for FY2013

Highlights of Semiconductor Production Equipment Manufacturers' Financial Results for Fiscal Year Ended March 31, 2013

JCR Assigned AA- Rating to Bonds of United Urban Investment

May. 16, 2013

[ Asset Securitization Products ] JCR Assigned J-1 to Medical Fees Receivable ABL13-05 (D Hospital)

Highlights of Major Blast Furnace Steelmakers' Financial Results for Fiscal Year Ended March 31, 2013

JCR's Opinion on Issue Concerning Shatter Zones in JAPC's Tsuruga Power Station Site

JCR Affirmed AAA/Stable and AAA Rating on Japan Bank for International Cooperation

JCR Affirmed A-/Stable and J-1 Rating on Mitsui Mining & Smelting; Increase in CP Maximum Amount