News Release

Sep. 08, 2011

JCR Affirmed BBB+/Stable Rating on Senior debts of Matsuda Sangyo

JCR Assigned A Rating to Bonds of Kenedix Realty Investment Corporation

JCR Affirmed A- and BBB+ Rating on Tokyo Tomin Bank; Revised Outlook to Stable

JCR Assigned A- Rating to Bonds of Nisshin Oillio Group

JCR Affirmed A/Stable and A- on Senior debts and Sub. Bonds of Hyakujushi Bank

JCR Affirmed AA/Stable Ratings on Sony Life

Sep. 07, 2011

September 7, 2011JCR Assigned J-1 to Medical Fees Receivable ABL11-09 (D Hospital)

JCR Affirmed BBB/Stable Rating to Sr.debts of Scroll Corporation

JCR Assigned A- Rating to Bonds of Tokyu Land

Sep. 06, 2011

JCR Assigned A+ Rating to Subordinated Bonds of Mizuho Bank

JCR Assigned A+ Rating to Bonds of Mitsubishi Chemical Holdings

JCR Assigned BBB+ Rating to Bonds of Toyo Tire & Rubber

JCR Assigned AA+ Rating to Bonds of Japan Student Services

Sep. 05, 2011

JCR Affirmed BBB+/Stable and J-2 Rating on Yasuda Real Estate

JCR Affirmed BBB+/Stable Rating on Senior debts of Maruzen Petrochemical

JCR Affirmed AA- Rating on EMTN of ITOCHU
JCR Affirmed AA- Rating on EMTN of ITOCHU Treasury Center Americas
JCR Affirmed AA- Rating on EMTN of ITOCHU Treasury Centre Europe
JCR Affirmed AA- Rating on EMTN of ITOCHU Treasury Centre Asia

Sep. 02, 2011

JCR Assigned AA- Rating to Bonds of ITOCHU

JCR Assigned A- Rating to Bonds of Sapporo Holdings

JCR Assigned AA- Rating to Bonds of Advance Residence Investment Corporation

JCR Assigned A Rating to Bonds of Hankyu Hanshin Holdings

JCR Assigned A Rating to Bonds of Fuyo General Lease

JCR Affirmed A+/Stable Rating on Advantest

JCR Affirmed BBB/Stable and BBB on Kisoji

JCR Affirmed BBB/Stable, BBB and Preliminary BBB on Hikari Tsushin

Sep. 01, 2011

JCR Affirmed A Rating on HCS

JCR Affirmed A/Stable Rating on Senior debts of Yodogawa Christian Hospital

JCR Affirmed A/Stable, A, Preliminary A on Kawasaki Heavy Ind.

JCR Affirmed BBB+/Stable, BBB+, Pre. BBB+ and J-2 on Mitsui Eng. & Shipbuilding

Aug. 31, 2011

JCR Assigned J-1 to Nohara Bills Receivable ABL11-08

JCR Assigned J-1+ to Teral Bills Receivable ABL11-08

JCR Assigned J-1 to Molten Bills Receivable ABL11-08

JCR Assigned Preliminary AA Rating to Bonds of MUSI

JCR Assigned AAA and Affirmed AAA/AA+ Ratings of AfDB

JCR Withdraws AA/Stable, AA and J-1+ Rating on Sanyo Electric

Aug. 30, 2011

JCR Assigned J-1 to Hayakawa Rubber Bills Receivable ABL11-08

JCR Assigned J-1 Rating to Aso Shoji Bills Receivable ABL11-08

JCR Assigned AA- Rating to Bonds of Nippon Yusen Kabushiki Kaisha

JCR Assigned A Rating to Bonds of Hokkaido Gas

JCR Assigned A- Rating to Bonds of Sumitomo Osaka Cement

JCR Assigned AA- Rating to Bonds of Mitsui Fudosan

JCR Assigned AA rating to bonds of JFE Holdings

JCR Assigned BBB Rating to Bonds of Sojitz Corporation

JCR Affirmed AAA/Stable, AAA and J-1+ on Okinawa Electric Power Company

JCR Assigned BBB Rating to Subordinated Bonds of Nagano Bank

Aug. 29, 2011

JCR Assigned J-1 to Hyakugo Bank B Corporation Bills Receivable ABL11-08

JCR Assigned J-1+ to Bills Receivable Beneficial Interest 11-08 (A Corp.)

JCR Affirmed A/Stable, A and J-1 Rating on Hankyu Hanshin Holdings

JCR Affirmed A/Stable and A Rating on Hanshin Electric Railway

JCR Assigned BBB+ Rating to Preferred Sec. of SFJ Capital

JCR Affirmed BBB+/Stable, BBB+ and J-2 on Akebono Brake Industry

JCR Assigned Preliminary A+ Rating to Shelf Reg. of Mizuho Trust & Banking

Aug. 26, 2011

JCR Assigned A+/Stable and Preliminary A+ to Senior Debts and Shelf Registration of NSK

JCR Assigned A Rating to Bonds of Nichirei

JCR Assigned A Rating to Bonds of Sumitomo Realty & Development

JCR Affirmed BBB+/Stable Rating on Senior Debts of Gifu Shinkin Bank

JCR Affirmed A/Stable Rating on Senior Debts of Ezaki Glico

JCR Affirmed BBB+ Rating on Arisawa Mfg.; Revised Outlook to Negative

Aug. 25, 2011

JCR Assigned J-1+ to MSNW Trust Certificate Series 11080

JCR Assigned A+ Rating to Bonds of Sumitomo Metal Mining

JCR Affirmed A-/Stable and A- on Senko

JCR Affirmed AAAp/Stable Rating on Senior Debts of East Japan Railway

JCR Affirmed AA+p/Stable Rating on Senior Debts of West Japan Railway

JCR Affirmed AAAp/Stable Rating on Senior Debts of Central Japan Railway

JCR Affirmed AAA Rating on Tokio Marine Financial Solutions; Revised Outlook to Stable

JCR Affirmed BBB+/Stable and J-2 on Kansai Urban Banking

JCR Affirmed AAA/Negative and J-1+ on Mitsui Sumitomo Insurance
JCR Affirmed AA+/Negative and J-1+ on Aioi Nissay Dowa Insurance

JCR Affirmed AA+/Negative and J-1+ on Sompo Japan Insurance
JCR Affirmed AAp/Negative on Nipponkoa Insurance
JCR Affirmed A+/Negative on Saison Automobile & Fire Insurance

JCR Assigned Preliminary AA Rating to Shelf Registration of Sumitomo Electric Industries

JCR Affirmed AAA on Tokio Marine HLD; Revised Outlook from Negative to Stable
JCR Affirmed AAA and J-1+ on Tokio Marine & Nichido Fire; Revised Outlook from Negative to Stable

Aug. 24, 2011

JCR Assigned J-1 to Dispensing Fees ABL11-08 (Nanba Pharmacy)

JCR Assigned Pre. J-1 to Hyakugo Bank B Corporation Bills Receivable ABL11-08

JCR Affirmed BBB-/Stable Rating on Senior Debts of Airtech

JCR Affirmed A and J-1 Rating on Heiwado; Revised Outlook to Stable

JCR affirms BBB-/BBB ratings on Indonesia

JCR Affirmed BBB/Stable Rating on Senior Debts of Daiken Corporation

JCR Affirmed A+/Stable Rating on Senior Debts of Exedy

JCR Affirmed BBB+/Stable, Pre. BBB+ and J-2 Rating on Toyo Tire & Rubber

Aug. 23, 2011

JCR Assigned J-1 to Medical Fees Receivable ABL11-08 (M Hospital)

JCR Assigned Pre. J-1 to Aso Shoji Bills Receivable ABL11-08

JCR Assigned Pre. A Rating to Specified Bonds/Loans of Totate Higashi Hakushima Tokutei Mokuteki Kaisha

JCR Assigned J-1 to Medical Fees Receivable ABL11-08 (J Hospital)

JCR Assigned J-1 to Medical Fees Receivable ABL11-08 (C Hospital)

JCR Assigned J-1 to Medical Fees Receivable ABL11-08 (Asahikawa Sanai HP)

JCR Affirmed A+ ratings on Kookmin Bank

JCR Affirmed A/Stable, A- and Pre. A Rating on Nishi-Nippon City Bank

JCR Affirmed AA/Stable and AA rating on Sekisui House

JCR Affirmed A/Stable and J-1 on Nichirei; Assigned Pre. A Rating to Shelf Registration

JCR Assigned A Rating to Senior debts of Juroku Bank

JCR Affirmed BBB-/Stable Rating on Sr. debts of Kanamoto

Aug. 22, 2011

JCR Assigned J-1 to Medical Fees Receivable ABL11-08 (H Hospital)

JCR Assigned Preliminary AA- Rating to Shelf Reg. of ITOCHU

Aug. 19, 2011

JCR Assigned J-1 to Medical Fees Receivable ABL11-08 (G Hospital)

JCR Assigned J-3 to Narasaki Stax Accounts Receivable ABL11-08

JCR Assigned J-1 to Medical Fees Receivable ABL11-08 (F Hospital)

JCR Assigned J-1 to Medical Fees Receivable ABL11-08 (L Hospital)

JCR Assigned AA rating to Bonds of MUSI

Aug. 18, 2011

JCR Assigned Preliminary J-1+ to MSNW Trust Certificate Series 11080

JCR Assigned J-1 to Medical Fees Receivable ABL11-08 (Kyowakai)

JCR Assigned J-1 to Medical Fees Receivable ABL11-08 (I Hospital)

JCR Assigned S2- Special Servicer Rating to Theatres Servicer