News Release

Month
Year   Month
Period
Issuer Category




Industry
Key Word
Jun. 22, 2007
Affirmed A-/Stable on sr.debts of Seishin Shinkin Bank
Jun. 21, 2007
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 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 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 AA to bonds of NTT Finance
Affirmed AAA/Stable and AAA on sr.debts and bonds of National Life Finance
Jun. 13, 2007
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 AA to bonds of Nippon Yusen
Assigned BBB to bonds of Softbank
Assigned A- to bonds of Keisei Electric Railway
Assigned A+ to bonds of Mitsubishi Rayon
Jun. 07, 2007
Assigned A- to bonds of Heiwa Real Estate
Jun. 06, 2007
Assigned A- to bonds of Sumitomo Osaka Cement
Downgraded Goodwill to #BBB-/Negative with CM continued
Assigned A-/Stable and A+/Stable to PTT Public Company
Upgraded sr.debts of Ehime Bank to A-/Stable
Jun. 05, 2007
Assigned A-/Stable and J-1 to sr.debts and CP of Idemitsu Kosan
Assigned BBB to bonds of Showa Denko
Affirmed J-1+ on CP of HOYA
Affirmed A+/Stable on sr.debts of Bank of Nagoya
Assigned BBB/Stable to sr.debts of Jowa Holdings
Assigned preliminary BBB to shelf registration of Softbank
Affirmed J-1 on CP of Taiyo Nippon Sanso
Assigned A to bonds of Taiyo Nippon Sanso
Jun. 01, 2007
Assigned A- to bonds of Nagoya Railroad
Removed CM and Upgraded Nissan Diesel Motor to A/Stable and J-1
Affirmed BBB/Stable on sr.debts of Southern Tohoku Research Institute for Neuroscience
Assigned A to bonds of Marubeni
May. 31, 2007
Affirmed A+/Stable on sr.debts of Mitsubishi Rayon
Removed CM and affirmed A/Stable on sr.debts of Tokyo Leasing
Affirmed BBB/Stable on sr.debts of Nishikawa Rubber
Affirmed BBB+/Stable on sr.debts of Kitz
May. 30, 2007
Assigned AA to bonds of Urban Renaissance Agency
May. 29, 2007
Affirmed BBB/Stable on senior debts of Vital-Net
Affirmed A on sr.debts of SUMCO and Revised outlook to Positive
Assigned BBB to bonds of Nankai Electric Railway
Assigned A to bonds of Denki Kagaku Kogyo
Upgraded sr.debts of Mitsubishi Estate to AA+p/Stable
Upgraded senior debts of Mitsui Fudosan to AA-p/Stable
Affirmed A-/Stable on senior debts of Hokuto
Assigned A rating to bonds of Acom
May. 28, 2007
May. 25, 2007
Affirmed A-/Stable on senior debts of Nipro
May. 24, 2007
Assigned AA- to bonds of Mitsubishi UFJ Lease & Finance
Affirmed BBB for Sankyo-Tateyama Holdings and Revised outlook to Negative
Assigned preliminary A- to self registration of Keihan Electric Railway