News Release

Home
News Release

Jun. 20, 2025: NIPPON STEEL Makes U.S. Steel a Wholly-owned Subsidiary—JCR Will Watch Financial Management Policies and PMI with No Immediate Revision of Rating; JCR Upgraded Long-term Issuer Rating on NEC to AA-/Stable; JCR Affirmed AA-/Stable Long-term Issuer Rating on DBJ Private REIT; JCR Affirmed AA/Stable Long-term Issuer Rating on MORI HILLS REIT INVESTMENT CORPORATION; [ Asset Securitization Products ] JCR Upgraded Ganymede Limited Series 2021-122 to A+; [ Asset Securitization Products ] JCR Upgraded Ganymede Limited Series 2022-2 to A+; [ Asset Securitization Products ] JCR Upgraded Cypher Limited Series 486 to A+; [ Asset Securitization Products ] JCR Assigned J-3 to Narasaki Stax Accounts Receivable ABL 25-06; SYGN HOUSE , The Shoko Chukin Bank: Second Opinion on Positive Impact Finance; Toshin, The Shoko Chukin Bank: Second Opinion on Positive Impact Finance

Jun. 19, 2025: JCR Affirmed A-/Stable and J-1 on Kyoto Shinkin Bank; JCR Withdraws J-1 Rating on CP of SKY Perfect JSAT HD

Jun. 18, 2025: [ Asset Securitization Products ] JCR Affirmed AA+ on Revolving Credit Card Shopping Senior Beneficial Interest; EFILa MIRAI, The Shoko Chukin Bank: Second Opinion on Positive Impact Finance

Jun. 16, 2025: JCR Affirmed AA/Stable and J-1+ on JCB; JCR Assigned Preliminary AA, AA- and A Rating to Shelf Registration of Mitsubishi UFJ Financial Group; JCR Assigned AA- Rating to Ganymede Limited Series 2025-12

Jun. 13, 2025: JCR Assigned A-/Stable Long-term Issuer Rating to TOKYO ENERGY & SYSTEMS; JCR Assigned A+ Rating to Bonds of Nagoya Railroad; JCR Assigned AA- Rating to Bonds of Hokkaido Electric Power; JCR Assigned BBB+ Rating to Bonds of Acciona Financiacion Filiales; JCR Assigned A Rating to Bonds of SBI ARUHI; JCR Assigned AA Rating to Bonds of Sumitomo Mitsui Finance and Leasing; JCR Assigned Preliminary AA- to Securitization of Leases Receivable from SB 202506; JCR Assigned Preliminary AA- to Securitization of Loans Receivable from SB 202506; TACHINO, The Hokkaido Bank: Second Opinion on Positive Impact Finance

Jun. 12, 2025: JCR Assigned AAA Rating to Bonds of National University Corporation, the University of Tokyo; JCR Assigned A- Rating to Bonds of Rakuten Card; JCR Assigned AA Rating to Libra A Limited Series C112

Jun. 11, 2025: JCR Affirmed AA-/Stable Long-term Issuer Rating on Daiwa Residential Private Investment Corporation; JCR Assigned A+ Rating to Bonds of SUMITOMO HEAVY INDUSTRIES; JCR Assigned AA Rating to Bonds of TOKYU; JCR Assigned A+ Rating to Bonds of Nomura Real Estate HD; JCR Assigned Preliminary A+ Rating to Shelf Registration of THK; JCR Assigned Preliminary A+ Rating to Jointly Operated Designated Money Trust N1 (2 years)

Jun. 10, 2025: JCR Affirmed BBB-/Negative Long-term Issuer Rating on NIPPON CHEMI-CON

Jun. 09, 2025: JCR Affirmed A Long-term Issuer Rating on Aozora Bank; Revised Outlook to Stable; Change in CP Maximum Amount of TOKYU; Affirmed J-1+; JCR Affirmed A+/Stable Long-term Issuer Rating on HASEKO; Results of Review of Structured Finance Products (Excluding Those to Which Credit Ratings Are Assigned) May 2025

Jun. 06, 2025: JCR Placed Rating on Makino Milling Machine under Credit Monitor #A-/Negative; JCR Affirmed A+ Long-term Issuer Rating on Invincible Investment Corporation; Revised Outlook to Positive; JCR Affirmed BBB+/Stable Long-term Issuer Rating on NEXTAGE; JCR Affirmed AAA/Stable (FC/LC) on Finland; JCR Affirmed AA+/Stable (FC/LC) on Hong Kong; JCR Assigned AA- Rating to Bonds of JERA; JCR Assigned A Rating to Bonds of Sumitomo Osaka Cement; JCR Assigned AA- Rating to Bonds of Takeda Pharmaceutical; JCR Assigned AA+ Rating to Bonds of Electric Power Development; JCR Assigned A+ Rating to Bonds (Tier 2 with loss absorption clause) and A- Rating to Bonds (Tier 1 with loss absorption clause) of Nomura HD

Jun. 05, 2025: New World Development Announced the Deferral of Perpetual Securities Interest Payments—Need to Watch Refinancing Progress; JCR Assigned A/Stable Long-term Issuer Rating to Yamanashi Chuo Bank; JCR Affirmed A-/Stable Long-term Issuer Rating on RYODEN; JCR Affirmed A-/Stable Long-term Issuer Rating on TONO SHINKIN BANK; JCR Affirmed A-/Stable (FC/LC) on Philippines; JCR Assigned A Rating to Bonds of TOYOBO; JCR Assigned A+ Rating to Bonds of JA MITSUI LEASING; JCR Assigned A+ Rating to Bonds of JACCS; JCR Assigned AA Rating to Bonds of Sumitomo Mitsui Trust Bank; JCR Assigned A Rating to Bonds (Tier 1 with loss absorption clause) of Mitsubishi UFJ Financial Group; JCR Assigned AA Rating to Bonds of Japan Freight Railway

Jun. 04, 2025: JCR Affirmed AA/Stable Long-term Issuer Rating on Hachijuni Bank and NAGANOBANK; [ Asset Securitization Products ] JCR Assigned J-1+ to Telecommunication Fee Receivable Securitization ABL Program (Japan Securitization Corporation); JCR Affirmed BBB- on Giga Solar Green Project Bond Trust (Fukushima) Beneficial Interest and Trust ABL

Jun. 03, 2025: JCR Affirmed BBB on BRS Mega Solar Project Bond Trust 1 Beneficial Interest and Trust ABL

Jun. 02, 2025: Revisions of Rating Methodologies by Sector "Pulp and Paper," "Petroleum" and "Cement"; JCR Affirmed A-/Stable Long-term Issuer Rating on SHINNIHON; Change in CP Maximum Amount of Sojitz; Affirmed J-1; MEIWA Clean, The Shoko Chukin Bank: Second Opinion on Positive Impact Finance

May. 30, 2025: NTT DOCOMO, subsidiary of NIPPON TELEGRAPH AND TELEPHONE, Makes SBI Sumishin Net Bank a Consolidated Subsidiary—No Immediate Impact on Rating; JCR Will Pay Attention to Investment Effects; ORIX to Issue Subordinated Bonds-Equity Content at "Medium" or "50" (Against 100 of a Stock); JCR Placed Rating on AIN HD under Credit Monitor #A/Negative; JCR Placed Rating on SBI Sumishin Net Bank under Credit Monitor #A/Positive; JCR Assigned A Rating to Bonds of Peninsula Tokyo Finance Services; JCR's Rating Review of City Gas Companies; JCR Affirmed AA-/Stable Long-term Issuer Rating on Nitori HD; JCR Affirmed AA/Stable and J-1+ on Marubeni; Change in CP Maximum Amount of Nomura Real Estate HD; Affirmed J-1; JCR Assigned BBB+ Rating to Subordinated Bonds of Tokyo Tatemono; JCR Assigned AA Rating to Bonds of Tohoku Electric Power; JCR Assigned AA- Rating to Bonds of Aflac; [ Asset Securitization Products ] JCR Assigned J-1+ to Hokuriku Bank A Corporation Bills & Electronically Recorded Receivables ABL 25-05; Hikarinomori Gakuen: Assigned Social Loan Framework Evaluation: Social 1(F); EARTH MARKETING CORPORATION, The Joyo Bank: Second Party Opinion on Sustainability Linked Loan; Nippon Olive, The Shoko Chukin Bank: Second Opinion on Positive Impact Finance; OKLEX, The Shoko Chukin Bank: Second Opinion on Positive Impact Finance; TOYO STAINLESS POLISH INDUSTRY, The Shoko Chukin Bank: Second Opinion on Positive Impact Finance; CUORE, The Shoko Chukin Bank: Second Opinion on Positive Impact Finance; okayama tochisoko, The Chugoku Bank: Second Opinion on Positive Impact Finance; NEXT ONE, The Chiba Bank: Second Opinion on Positive Impact Finance; COSMO PLUS, THE SAITAMAKEN SHINKIN BANK: Second Opinion on Positive Impact Finance; Nihon Remake, THE SAITAMAKEN SHINKIN BANK: Second Opinion on Positive Impact Finance; Matsubori Real Estate, THE SAITAMAKEN SHINKIN BANK: Second Opinion on Positive Impact Finance; Otakakoso, The Hokuriku Bank: Second Opinion on Positive Impact Finance

May. 29, 2025: JCR Affirmed A-/Stable Long-term Issuer Rating on ARATA; JCR Affirmed A/Stable Long-term Issuer Rating on KONICA MINOLTA; JCR Affirmed AA-/Stable (FC) and AA/Stable (LC) on Czech Republic; JCR Assigned AA- Rating to Bonds of JFE Holdings; JCR Assigned A Rating to Bonds (Tier 1 with loss absorption clause) of Sumitomo Mitsui Trust Group; JCR Assigned A Rating to Bonds (Tier 1 with loss absorption clause) of Sumitomo Mitsui Financial Group

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