News Release

Jul. 22, 2016

JCR Assigned Pre A+ to Shelf Reg. of Daiwa Securities Group

JCR Affirmed A-/Stable and A- on VALOR HOLDINGS

JCR Affirmed AA-/Stable LT Issuer Rating on Premier Investment Corp.

Jul. 21, 2016

ZEST Investments B 1606-B01

[ Asset Securitization Products ] JCR Assigned J-3 to Narasaki Stax Accounts Receivable ABL16-07

JCR Upgraded Rating on TOKYO DOME to BBB/Stable; Affirmed J-2

JCR Affirmed BBB on Hitachi Zosen; Revised Outlook to Positive

JCR Downgraded Deutsche Bank Rating from AA-p/Stable to A+p/Negative

JCR Assigned A- to Bonds of MAEDA CORPORATION

JCR Assigned AAA Rating to Bonds of East Nippon Expressway

JCR's Rating Review of Money Market Brokers

Jul. 20, 2016

The Nomura Trust and Banking Co., Ltd.

The Nomura Trust and Banking Co., Ltd. 

ZEST Investments B

[ Asset Securitization Products ] JCR Assigned J-1 to Medical Fees Receivable ABL16-07 (F Hospital)

[ Asset Securitization Products ] Assigned Preliminary J-1 to Aso Shoji Bills Receivable ABL16-07

JCR Affirmed A-/Stable, A- and Pre. A- Rating on Mazda Motor

JCR Affirmed AA+p/Stable Long-term Issuer Rating on Astellas Pharma

Jul. 19, 2016

[ Asset Securitization Products ] JCR Assigned Preliminary J-1+ to MSNW Trust Certificate Series 16070

JCR Placed Rating on SoftBank Group under Credit Monitor

JCR Affirmed A-/Stable on MAEDA CORPORATION

Failed coup attempt in Turkey

Jul. 15, 2016

Series 136 Unsecured Trust Bonds

JCR Assigned A- to Bonds of Orient Corporation

JCR Assigned AAA to Bonds of Metropolitan Expressway

JCR Assigned AAA to Bonds of Aichi Prefecture

JCR Assigned AA- Rating to Bonds of Mitsubishi UFJ Lease & Finance

JCR Assigned AA- to Bonds of Kansai Electric Power

JCR Assigned AA- to Bonds and A- to Subordinated Bonds of MHFG

JCR Assigned A+ Rating to Subordinated Bonds of MUFG

JCR Outlook Revision for Issuer Ratings Following Same for Japan Rating

JCR Rating Outlook Revision for FILP Agencies, etc. Following Same for Japan

JCR Revised Outlook for NTT FINANCE from Stable to Negative

JCR Rating Outlook Revision for Kyushu University to Negative Following Same for Japan

JCR Rating Outlook Revision for Shoko Chukin Bank to Negative Following Same for Japan

JCR Revised Outlook for Tokio Marine HD from Stable to Negative
JCR Revised Outlook for Tokio Marine & Nichido Fire from Stable to Negative

JCR Revised Outlook for Japan Earthquake Reinsurance to Negative

JCR Affirmed BBB/Stable and J-2 on ICHINEN HOLDINGS

JCR Affirmed BBB+/Stable LT Issuer Rating on TSUKADA GLOBAL HOLDINGS

AEON REIT Revises Its Performance and Distribution Forecasts - No Immediate Impact on Rating

Jul. 14, 2016

[ Asset Securitization Products ] JCR Affirmed J-1 on Medical Fees Receivable ABL Program (K Hospital)

JCR Changed Outlook (FC/LC) on Japan from Stable to Negative

JCR Assigned A- Rating to Bonds of HIKARI TSUSHIN

JCR Assigned Pre. A Rating to Shelf Reg. of TAIYO NIPPON SANSO

JCR Withdraws J-1 Rating on CP of SMBC Finance Service

Jul. 12, 2016

JCR Assigned Pre A to Spec. Bonds of Meiji Yasuda Life 2016 Fund SPC

JCR Assigned AAA Rating to Bonds of Development Bank of Japan

JCR Affirmed AAp/Stable on Hitachi

JCR Assigned Preliminary A Rating to Shelf Reg. of NICHIREI

Jul. 11, 2016

JCR Affirmed A/Stable and J-1 on ITOCHU ENEX

JCR Affirmed A-/Stable, A- and Preliminary A- on HASEKO Corporation

JCR Affirmed BBB/Stable Long-term Issuer Rating on ROYAL HOLDINGS

JCR Affirmed AA-/Stable and AA- Rating on DAIKIN

JCR Affirmed AA/Stable and J-1+ on HOYA

JCR Assigned Pre. A+ to Shelf Reg. of Hulic; Affirmed A+ and J-1

JCR Assigned Pre. AA- to Shelf Reg. of NIPPON STEEL & SUMITOMO METAL

JCR Withdraws A-/Stable Long-term Issuer Rating on SANKYO

Jul. 08, 2016

JCR Assigned AA- Rating to Bonds of Odakyu Electric Railway

JCR Assigned AA to Bonds of Sekisui House

JCR Assigned A to Bonds of Kawasaki Heavy Industries

JCR Assigned AAA Rating to Bonds of Central Nippon Expressway

JCR Assigned AA- to Bonds of Tohoku Electric Power

JCR Assigned AA Rating to Bonds of Chubu Electric Power

JCR Affirmed BBB+/Stable Long-term Issuer Rating on TOWA BANK

JCR Assigned Pre. A- Rating to Shelf Reg. of Tokyu Fudosan Holdings

Jul. 07, 2016

Series 144

JCR Assigned AAA to Bonds of Aichi Prefecture

JCR Affirmed BBB+/Stable Rating on Asahi Fire And Marine Insurance

JCR Assigned Pre AA- Rating to Sub.Bonds of Sompo Japan Nipponkoa

JCR Assigned Preliminary A Rating to Shelf Reg. of Kobe Steel

Jul. 06, 2016

JCR Affirmed BBB+ on SIIX; Revised Outlook from Stable to Positive

JCR Affirmed BBB/Stable on Tokushu Tokai Paper

JCR Affirmed BB+/Stable on YAMADA SERVICER SYNTHETIC OFFICE

JCR Affirmed S3 Special Servicer Rating on YAMADA SERVICER

Jul. 05, 2016

JCR Assigned A Rating to Bonds of MORI BUILDING

JCR Assigned A to Bonds of DIC

Highlights of Edible Oil Companies' Financial Results for FY2015

JCR Affirmed A Ratings on Maybank

Jul. 04, 2016

JCR Downgraded MITSUI-SOKO HOLDINGS from A/Negative to A-/Stable

JCR Assigned Pre. A+ to Bonds of Mitsubishi UFJ Financial Group

Jul. 01, 2016

JCR Removed CM; Downgraded Rating on CHUBU GAS to BBB+/Stable

JCR Assigned AA-/Stable to Mitsui Fudosan Logistics Park

JCR Affirmed A- on Mitsui Mining and Smelting; Revised Outlook to Stable

JCR Assigned Pre. AA+ Rating to Shelf Registration of NTT DATA

JCR Affirmed BBB/Stable and J-2 on Daiei Real Estate & Development

Highlights of General Trading Companies' Financial Results for FY2015

Jun. 30, 2016

[ Asset Securitization Products ] JCR Assigned J-1 to Toda Kogyo Bills Receivable ABL16-06

[ Asset Securitization Products ] JCR Assigned J-1 to Nohara Bills Receivable ABL16-06

[ Asset Securitization Products ] JCR Assigned J-1+ to Teral Bills Receivable ABL16-06

[ Asset Securitization Products ] JCR Affirmed BBB Rating on Evolution Funding Trust 2015-1

[ Asset Securitization Products ] JCR Affirmed BBB Rating on Evolution Funding Trust 2015-2

JCR Assigned BBB-/Stable Rating to Adaro Energy in Indonesia

JCR Assigned Preliminary AA Rating to Shelf Registration of SMBC

Jun. 29, 2016

Series CLN-83

Trust Bond Series 37 issued by The Nomura Trust & Banking Co. Ltd.

[ Asset Securitization Products ] JCR Assigned J-1 to Aso Shoji Bills Receivable ABL16-06

JCR Removed CM; Downgraded Rating on WILLOW NO.2 Series 002 to A+

[ Asset Securitization Products ] JCR Assigned J-1 to Aso Shoji Bills Receivable ABL16-06

JCR's Rating Review of Electric Power Companies

JCR Affirmed AAA(FC/LC) on UK; Revised Outlook from Stable to Negative