News Release

Sep. 12, 2016

Norinchukin Trust & Banking 

Sep. 09, 2016

JCR Assigned AA- to Bonds of DAIKIN INDUSTRIES

JCR Assigned BBB Rating to Bonds of ICHINEN HOLDINGS

JCR Assigned A- Rating to Bonds of Tokyu Fudosan Holdings

JCR Assigned A Rating to Bonds of SONY

JCR Assigned BBB+ Rating to Bonds of MES

JCR Assigned BBB Rating to Subordinated Bonds of SoftBank Group

JCR Assigned Preliminary A+ Rating to Shelf Reg. of AIR WATER

JCR Affirmed AA+ Rating on Quebec with Stable Outlook

[ Asset Securitization Products ] JCR Assigned Pre. J-1+ to A Corp. Bills Rec. Senior Ben. Int. 16-09

Sep. 08, 2016

JCR Assigned AA Rating to Bonds of Urban Renaissance Agency

JCR Assigned A to Bonds of DIC

JCR Assigned A- Rating to Bonds of TOYOBO

JCR Affirmed A-/Stable Long-term Issuer Rating on TOMONY Holdings

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

Sep. 07, 2016

JCR Affirmed J-1 on CP of Yanmar Holdings

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

Sep. 06, 2016

JCR Assigned J-1 Rating to CP of Mortgage Corporation of Japan

Sep. 05, 2016

JCR Affirmed BBB+/Stable on IDEC

Sep. 02, 2016

JCR Upgraded Rating on SEIBU HD from BBB+/Positive to A-/Stable

JCR Upgraded Rating on MEIDENSHA from BBB/Positive to BBB+/Stable

JCR Assigned AA to Bonds of Chugoku Electric Power

JCR Assigned A- Rating to Bonds of Sumitomo Mitsui Trust Holdings

JCR Assigned A+ to Bonds of Nishi-Nippon Railroad

JCR Assigned AAA Rating to Bonds of Central Nippon Expressway

JCR Assigned A Rating to Bonds of JA Mitsui Leasing

JCR Assigned AAA to Bonds of Aichi Prefecture

JCR Assigned AA- Rating to Bonds of Sekisui House Reit

JCR Affirmed A-/Stable and BBB+ Rating on Tokyo Star Bank

JCR Affirmed AA-/Stable, AA-, Pre. AA- and J-1+ Rating on ITOCHU

JCR Affirmed J-1+ Rating on CP of ITOCHU Treasury

JCR Affirmed AA- Rating on EMTN of ITOCHU
JCR Assigned AA- Rating to EMTN of ITOCHU Treasury Corporation
JCR Affirmed AA- Rating on EMTN of ITOCHU Treasury Centre Europe

JCR Affirmed BBB+ Rating on Shinhan Bank Japan with Stable Outlook

Sep. 01, 2016

[ Asset Securitization Products ]JCR Affirmed BBB Rating on ABL of WBBL

JCR Removed CM; Downgraded Rating on FamilyMart UNY to A+/Stable; Affirmed J-1

JCR Affirmed AA- Rating on DHR; Revised Outlook to Positive

JCR Assigned AA- to Bonds of Tohoku Electric Power

JCR Assigned Pre. A+ to Shelf Reg. of Mitsubishi Chemical Holdings

JCR Assigned Pre. AA- Rating to Shelf Registration of DAIKIN

JCR Assigned Pre. A+ Rating to Shelf Registration of Meiji Holdings

JCR Affirmed BBB+/Stable Rating on WARABEYA NICHIYO HOLDINGS

Aug. 31, 2016

[ Asset Securitization Products ] JCR Assigned J-1+ to Teral Bills Receivable ABL16-08

JCR Placed JX Holdings under Credit Monitor
JCR Placed TonenGeneral Sekiyu under Credit Monitor

JCR Affirmed A-/Stable Long-term Issuer Rating on Chiba Kogyo Bank

JCR Affirmed BBB/Stable Long-term Issuer Rating on Scroll

JCR Affirmed BBB/Positive Long-term Issuer Rating on KANAMOTO

Aug. 30, 2016

[ Asset Securitization Products ] JCR Affirmed J-1 on Ferry Road ETC Card Receivable ABL Program

[ Asset Securitization Products ] JCR Assigned J-1 to Hyakugo Bank B Corp. Bills Rec. ABL16-08

[ Asset Securitization Products ] JCR Assigned J-1 to Aso Shoji Bills Receivable ABL16-08

JCR Assigned A+ Rating to Bonds of Sumitomo Riko Company

JCR Assigned AA- Rating to Bonds of JCB

JCR Assigned A Rating to Bonds of AEON Financial Service

JCR Assigned Preliminary AA- Rating to Shelf Reg. of SAIBU GAS

JCR Affirmed AA-/Stable, AA-, Pre AA- on Global One Real Estate

JCR Affirmed A-/Stable on Ichigo Office REIT Investment Corp.

Aug. 29, 2016

JCR Affirmed J-1+ on Mortgage Service Japan ABL Program

JCR Assigned Pre. A+ to Shelf Reg. of Sumitomo Realty & Development

JCR Affirmed A/Stable and A Rating on HORIBA

JCR Affirmed AA-/Stable, A (Sub.) and J-1+ on Suntory Holdings

JCR Affirmed AA-/Stable and J-1+ on Suntory Beverage & Food

Aug. 26, 2016

[ Asset Securitization Products ] JCR Assigned J-1 to Medical Fees Receivable ABL16-08 (D Hospital)

JCR Upgraded Rating on Daio Paper from BBB/Positive to BBB+/Stable

JCR Assigned A+ Rating to Subordinated Bonds of SMFG

JCR Assigned A- Rating to Bonds of ANA HOLDINGS

JCR Assigned BBB+ Rating to Bonds of Kintetsu Group Holdings

JCR Assigned A- Rating to Bonds of NEC Capital Solutions

JCR Assigned AA+ to Bonds of Japan Student Services Organization

JCR Assigned A- to Bonds of Tokyo Tatemono

JCR Assigned Pre. A+ to Shelf Reg. of NEG; Affirmed A+/Stable, J-1

JCR Assigned AA- and A+ Rating to EMTN of SMFG

JCR Affirmed AA and J-1+ on EMTN of Sumitomo Mitsui Banking

JCR Affirmed AA and J-1+ on EMTN of SMBC Capital Markets,Inc.

JCR Affirmed A-/Stable, A-, Preliminary A- and J-1 on POCKET CARD

Aug. 25, 2016

The Nomura Trust and Banking Co., Ltd. (Shintakuguchi)

The Nomura Trust and Banking Co., Ltd.(Shintaku Shasai)

ZEST Investments B

[ Asset Securitization Products ] JCR Assigned Pre. J-1 to Hyakugo Bank B Corp. Bills Rec. ABL16-08

[ Asset Securitization Products ] JCR Assigned J-1+ to MSNW Trust Certificate Series 16080

JCR Affirmed A and A- on Chukyo Bank; Revised Outlook to Negative

JCR Assigned A Rating to Bonds of Nagoya Railroad

JCR Assigned AA- Rating to Bonds of Mitsubishi Heavy Industries

JCR Assigned A+ Rating to Bonds of SUMITOMO CHEMICAL

JCR Assigned BBB+ Rating to Bonds of Makino Milling Machine

JCR Assigned AA- to Bonds of Kansai Electric Power Company

JCR Affirmed BBB+/Stable and BBB+ Rating on PGM Holdings

JCR Assigned Preliminary A Rating to Shelf Registration of SONY

JCR Affirmed A-/Stable and J-1 Rating on GS Yuasa

JCR Affirmed A-/Stable and J-1 on TOHO HOLDINGS

Aug. 24, 2016

JCR Removed CM; Affirmed A- and Other Ratings on SoftBank Group

JCR Assigned Preliminary BBB Rating to Sub. Bonds of SoftBank Group

JCR Assigned BBB+/Stable and Pre. BBB+ Rating to Sanken Electric

JCR Assigned A to Bonds of Sumitomo Osaka Cement

JCR Assigned A+ to Bonds of LIXIL Group

JCR Assigned AA- Rating to Bonds of Odakyu Electric Railway

JCR Assigned A- Rating to Bonds of FUJI ELECTRIC

JCR Assigned AA- Rating to Bonds of MORI HILLS REIT

JCR Assigned J-1 Rating to CP of HIKARI TSUSHIN

JCR Affirmed BBB-/Stable Long-term Issuer Rating on AIRTECH JAPAN

JCR Affirmed A/Stable and A- (Sub.) on TAIKO BANK

JCR Affirmed AA-/Stable on Daishi Bank