News Release

Dec. 16, 2009: Assigned A+/Stable and J-1 to Nippon Meat Packers; Assigned BBB+ rating to bonds of Nankai Electric Railway

Dec. 15, 2009: Assigned J-1+ to Takeda Gen. Hospital Beneficial Interest 09-12; Affirmed A-/Stable and J-1 rating on Parco; Affirms A Rating on National Grid Gas; Assigned A rating to bonds of Sumitomo Realty & Development

Dec. 14, 2009: Assigned J-3 to Narasaki Stax Accounts Receivable ABL09-12; Assigned J-1 to Medical Fees Receivable ABL09-12 (Kyowakai); Assigned AA- to senior debts of San-in Godo Bank; Outlook Stable; Assigned J-2 to CP program of Daiho Corporation; Affirmed BBB rating on Covalent Materials; Outlook Negative; Affirms A Rating on France Telecom; Outlook Stable; Maintains CM; Downgraded rating on Kansai Urban Banking to #A-; Affirmed J-1 on CP of UC Card

Dec. 11, 2009: Assigned J-1 to Medical Fees Receivable ABL09-12 (B Hospital); Assigned pre. J-1 to A&D Bills Receivable Beneficial Int. 09-12; Assigned A- rating to bonds of Mitsui Mining & Smelting; Assigned A+ rating to bonds of Nippon Paper Group; Assigned A rating to bonds of Marubeni; Assigned #A-/Positive rating to sub.bonds of Chuo Mitsui Trust & Banking; Affirmed A/Stable and J-1 on senior debts and CP of Lintec; Assigned AAA to bonds of Aichi Prefecture; Assigned AA- rating to bonds of Mitsui O.S.K. Lines; Assigned A rating to bonds of Sanwa Holdings

Dec. 10, 2009: Assigned AA- rating to bonds of Coca-Cola West; Affirmed A/Stable and A on sr.debts and bonds of Hokuetsu Kishu Paper; Affirmed BBB/Stable and BBB on Daio Paper; Upgraded rating on Softbank Telecom to BBB+; Outlook Stable; Upgraded ratings on Softbank to BBB+; Outlook Stable; Affirmed A- on Fukuyama Transporting; Outlook Positive; Removed CM and upgraded rating on Sanyo Electric to A+

Dec. 09, 2009: Assigned J-1 to Nohara Bills Receivable ABL09-12; Assigned AA rating to bonds of Japan Atomic Power; Affirmed J-1 on CP of Nissay Leasing

Dec. 08, 2009: Assigned A to bonds of Denki Kagaku Kogyo; Assigned AAA to bonds of Kansai Electric Power Company; Assigns AA+ Rating to GDF SUEZ's Inaugural Samurai; Assigned A rating to bonds of Sumitomo Heavy Industries

Dec. 04, 2009: Assigned AA- to loans/leases receivable from Softbank Mobile; Revises Rating Outlook of Hyundai Capital Services to Stable; Assigned A+ to subordinated bonds of Sumitomo Mitsui Banking; Assigned preliminary A+ rating to shelf of Sumitomo Rubber Industries; Removed Credit Monitor and Affirmed BBB+ on Daisan Bank; Assigned AA rating to bonds of Asahi Kasei Corporation; Affirmed BBB/Stable on senior debts of Toyo Logistics; Affirmed AA/Stable and J-1+ on Mitsubishi Logistics; Assigned AAA to bonds of Chugoku Electric Power; Affirmed AAA/Stable on senior debts of Tokyo Metro

Dec. 03, 2009: Assigned A+ rating to bonds of Itochu; Assigned A+ rating to bonds of Itochu; Assigned AA to bonds of Keio Corporation; Upgraded rating on Keiyukai to BB+; Assigned AA- rating to bonds of Mitsubishi Heavy Industries; Affirmed A+/Stable on senior debts of Daicel Chemical Industries; Assigned AAA to bonds of Tokyo Electric Power Company

Dec. 02, 2009: Assigned AA+ rating to bonds of Osaka (City of); Affirmed J-2 on domestic CP program of Shoko

Dec. 01, 2009: Affirmed BBB+/Stable on senior debts of Yamazen; Upgraded rating on Namura Shipbuilding to BBB+; Affirmed A- on Cedyna Financial; Revised outlook to Negative; Assigned AAA/Stable(FC), Affirmed AAA and Withdrew AAAp(FC) on LBBW; Affirmed J-1 on CP of MMC Diamond Finance

Nov. 30, 2009: Assigned J-1+ to Bills Receivable ABL09-11 (A Corp. in Niigata); Assigned J-1+ to Teral Bills Receivable ABL09-11; Assigned J-1 to Molten Bills Receivable ABL09-11; Assigned J-1 to Toda Kogyo Bills Receivable ABL09-11; JCR Affirmed BBB+/Negative and BBB+ on Monex Group
JCR Affirmed BBB+/Negative and J-2 on Monex; Affirmed BBB/Stable and J-2 on Sojitz

Nov. 27, 2009: Assigned J-1 to A&D Bills Receivable Beneficial Int. 09-11; Assigned J-1 to Aso Shoji Bills Receivable ABL09-11; Assigned A rating to bonds of Kawasaki Heavy Industries; Affirmed BBB on Yamazawa; Revised outlook to Stable; Withdraws A-/Negative rating on senior debts of Okuma Corporation; Placed Commuture's rating under Credit Monitor Positive (#A-/Positive); Removed Credit Monitor and affirmed BBB; Outlook Negative; Affirmed BBB+/Stable and J-2 on Matsui Securities; Affirmed A-/Stable and J-1 on Don Quijote; Placed Commuture's rating under Credit Monitor Positive (#A-/Positive)

Nov. 26, 2009: Assigned J-1 to Osaka Steel Tube Bills Receivable ABL09-11; Affirmed A-/Negative on Riso Kagaku; Affirmed BBB/Stable and J-2 on DYNAM; Assigned AA- rating to bonds of Mitsubishi UFJ Lease & Finance; Assigned A+/Stable to Disco Corporation

Nov. 25, 2009: Assigned J-1+ to MSNW Trust Certificate Series 09110; Assigned J-1 to Bills Receivable ABL09-11 (B Corporation in Mie); Assigned A+ to bonds of Orix; Affirmed AA-/Stable on sr.debts of Sony Bank; Removed Credit Monitor and Affirmed A- and J-1; Outlook Stable; Assigned AA- to bonds of Nomura Holdings

Nov. 24, 2009: Assigned J-1 to Medical Fees Receivable ABL09-11 (D Hospital); Assigned J-3 to Monthly Clear Card Shopping Receivable ABL09-11; Assigned J-1 to Fuji Shokai Bills Receivable ABL09-11; Upgraded rating on Nippon Flour Mills to A; Affirmed AA/Stable on senior debts of Nisshin Seifun Group; Affirmed A on Euro Medium Term Note Programme of BOT Lease; Affirmed A+/Stable and J-1 on sr.debts and CP of JFE Shoji Trade; Affirmed A+/Stable on sr.debts of JFE Shoji Holdings; Upgraded rating on Showa Sangyo to A- and J-1; Assigns AA+ Preliminary Rating to GDF SUEZ's Samurai; Affirmed A-/Stable and A- on Nippon Tochi-Tatemono

Release Information: News Release; Issuer Reports; Reports relating to Issuer; JCR News