News Release

Sep. 17, 2024

Ichigo: Assigned Green Bond Framework Evaluation: Green 1(F)

JVCKENWOOD Corporation: Post-execution Verification Report on Sustainability Linked Loan

Sep. 13, 2024

Hulic Announces Commencement of Tender Offer for Common Shares of Raysum—No Impact on Rating

JCR Affirmed BBB+ Long-term Issuer Rating on TSUBAKIMOTO KOGYO; Revised Outlook to Positive

JCR Affirmed AA/Stable Long-term Issuer Rating on Eurus Energy HD

JCR Affirmed AA-/Stable Long-term Issuer Rating on JCOM

JCR Assigned A Rating to Preferred Shares of SoftBank

JCR Assigned A Rating to Bonds of GS Yuasa

JCR Assigned Preliminary A- Rating to Shelf Registration of Central Glass

JCR Assigned Preliminary AA- Rating to Shelf Registration of MORI BUILDING

JCR Assigned Preliminary A+ Rating to Shelf Registration of Yokohama Rubber

[ Asset Securitization Products ] JCR Assigned Preliminary AAA and Preliminary A to Trust Contract No. 220243

JCR Assigned Preliminary AA- to Securitization of Leases Receivable from SB 202409

JCR Assigned Preliminary AA- to Securitization of Loans Receivable from SB 202409

Osaka Gas Urban Development Private REIT: Reviewed Green Loan Framework Evaluation: Green 1(F)

Gravity AH Godo Kaisha: Reviewed Sustainability Finance Framework Evaluation: SU 1(F)

GLP Japan: Reviewed Sustainability Finance Framework Evaluation: SU 1(F)

Greenfield, The Shoko Chukin Bank: Second Opinion on Positive Impact Finance

SS MARKET, The Yamanashi Chuo Bank: Second Opinion on Positive Impact Finance

Sep. 12, 2024

JCR Assigned AAA Rating to Bonds of Central Nippon Expressway

JCR Affirmed A-/Stable Long-term Issuer Rating on SIIX

JCR Assigned AA- to Elva Funding PLC Series 2024-01

JCR Assigned AA- to Sumitomo Mitsui Trust Bank Trust ABL Program

Osaka University: Reviewed SU 1(F) to Sustainability Bond Framework

NIHON ECOTS, The Bank of Kyoto: Second Opinion on Positive Impact Finance

Sep. 11, 2024

JCR Upgraded Rating on ZENSHO HD to A-/Stable and J-1

JCR Downgraded FC Long-term Issuer Rating on Lotte Chemical to A/Stable

JCR Assigned AA Rating to Bonds of Sumitomo Mitsui Trust Panasonic Finance

JCR Assigned AAA Rating to Bonds of East Nippon Expressway

XYMAX REIT Investment: Reviewed Green Finance Framework Evaluation: Green 1(F)

Sep. 10, 2024

JCR Affirmed A-/Stable Long-term Issuer Rating on DAIICHI JITSUGYO

JCR Assigned A Rating to Subordinated Bonds of Fuyo General Lease

JCR Assigned Preliminary AA- Rating to Shelf Registration of AIR WATER

JCR Assigned Preliminary A to Daiwa Securities Credit Linked Loan 2024-09 7614

Sep. 09, 2024

JCR Affirmed A/Stable FC Long-term Issuer Rating on CPF (Thailand)

Honey Coffee, The Shoko Chukin Bank: Second Opinion on Positive Impact Finance

Sumitomo Metal Mining: Assigned Green Finance Framework Evaluation: Green 1(F)

Sep. 06, 2024

JCR Affirmed BB+/Stable and J-3 on Nippon Sheet Glass

JCR Affirmed A-/Stable FC Long-term Issuer Rating on FORVIA

JCR Assigned A- Rating to Bonds of ICHINEN HD

JCR Assigned A+ Rating to Bonds of INFRONEER HD

JCR Assigned A+ Rating to Bonds of IWATANI

JCR Assigned A- Rating to Subordinated Bonds of SUMITOMO CHEMICAL

JCR Assigned A Rating to Bonds of SENKO Group HD

JCR Assigned A Rating to Bonds of Topre

JCR Assigned BBB+ Rating to Subordinated Bonds of TOYOBO

JCR Assigned BBB+ Rating to Bonds of NIPPON THOMPSON

JCR Assigned A+ Rating to Bonds of MIRAIT ONE

JCR Assigned AA- Rating to Bonds of LY Corporation

JCR Assigned A Rating to Bonds (Tier 1 with loss absorption clause) of Gunma Bank

JCR Assigned A Rating to Bonds (Tier 1 with loss absorption clause) of Mitsubishi UFJ Financial Group

JCR Assigned A+ Rating to Bonds of Invincible Investment Corporation

JCR Assigned AA+ Rating to Bonds of Nippon Prologis REIT

JCR Assigned Preliminary A+ Rating to Shelf Registration of Mitsubishi Chemical Group

MORI TRUST REIT: Reviewed Green Finance Framework Evaluation: Green 1(F)

HASSHOU SEIKA, The Shoko Chukin Bank: Second Opinion on Positive Impact Finance

Sep. 05, 2024

JCR Assigned AA-/Stable Long-term Issuer Rating to MUFG Private REIT

JCR Affirmed A-/Stable Long-term Issuer Rating on ASAX

JCR Affirmed AAA/Stable (FC/LC) on Germany

JCR Affirmed AA+/Stable Long-term Issuer Rating on Nippon Prologis REIT

JCR Assigned AA- Rating to Bonds of Odakyu Electric Railway

JCR Assigned AA Rating to Bonds of Chugoku Electric Power

JCR Assigned A+ Rating to Bonds of HIKARI TSUSHIN

JCR Assigned AA Rating to Bonds of JCB

JCR Assigned A- Rating to Bonds of Hungary

JCR Assigned AA Rating to Bonds of KDX Realty Investment Corporation

JCR Assigned Preliminary AA to Long-term Issue Rating of Yamabuki Credit Service LLC

Results of Review of Structured Finance Products (Excluding Those to Which Credit Ratings Are Assigned) August 2024

Sep. 04, 2024

JCR Affirmed A+/Stable and J-1 on THK

JCR Affirmed BBB/Stable Long-term Issuer Rating on TOYO KANETSU

JCR Affirmed BBB+/Stable and J-2 on Tokai Tokyo Financial HD and BBB+/Stable on Tokai Tokyo Securities

JCR Affirmed BBB+/Stable Long-term Issuer Rating on OKASAN SECURITIES GROUP and OKASAN SECURITIES

JCR Assigned A Rating to Bonds of Yasuda Real Estate

JCR Assigned AA- Rating to Bonds of ACOM

JCR Assigned A- to JPY-denominated Green Loans to AKANE 01 G.K.

JCR Affirmed A+ on Notes of Man GPM US Residential Debt Fund

Hoshino Resorts REIT: Reviewed Green Finance Framework Evaluation: Green 1(F)

Hoshino Resorts REIT: Reviewed Sustainability Finance Framework Evaluation: SU 1(F)

Sep. 03, 2024

JCR Affirmed AA-/Stable and J-1+ on ITOCHU ENEX

JCR Affirmed AAA/Stable and J-1+ on NTT FINANCE; Assigned Preliminary AAA to Shelf Registration

JCR Affirmed BBB+/Stable Long-term Issuer Rating on Chikuho Bank

JCR Assigned A- Rating to Bonds of GEO HD

Sep. 02, 2024

JCR Affirmed A/Stable Long-term Issuer Rating on KATO SANGYO

JCR Assigned Preliminary A Rating to Shelf Registration of Kawasaki Heavy Industries

JCR Assigned Preliminary AA- Rating to Shelf Registration of Meiji HD

Aug. 30, 2024

JCR Upgraded Long-term Issuer Rating on HEIWA REAL ESTATE to A-/Stable

JCR's Rating Review of Three Major Oil Distributors

JCR Affirmed A+/Stable Long-term Issuer Rating on EXEO Group

JCR Affirmed A-/Stable Long-term Issuer Rating on Kanamoto

JCR Affirmed A-/Stable Long-term Issuer Rating on FOOD & LIFE COMPANIES

Change in CP Maximum Amount of MEIDENSHA; Affirmed J-1

JCR Affirmed AA-/Stable and J-1+ on POCKET CARD

JCR Affirmed A+/Stable and J-1 on Idemitsu Credit

JCR Affirmed A-/Stable FC Long-term Issuer Rating on Security Bank

JCR Affirmed AA (fp) Fund Portfolio Rating on Green J-REIT Trust

JCR Assigned Preliminary A Rating to Preferred Shares of SoftBank

JCR Assigned AA- Rating to Bonds of Kyushu Electric Power

JCR Assigned AA- Rating to Bonds of Mitsubishi Heavy Industries

JCR Assigned AA- Rating to Bonds (Tier 2 with loss absorption clause) of Mitsubishi UFJ Financial Group

JCR Assigned Preliminary AA- Rating to Shelf Registration of SAIBU GAS HD