News Release

Sep. 30, 2010

Withdraws #A+/Negative rating on sr.debts of First Credit Corporation

Upgraded rating on Southern Tohoku Research Institute for Neuroscience to BBB+

Assigned BBB+/Stable rating to Tottori Bank

Assigned #A+/Negative to Sumishin Real Estate Loan & Finance

Sep. 29, 2010

Assigned J-1 rating to Aso Shoji Bills Receivable ABL10-09

Assigned J-1 to Toyoshima Bills Receivable ABL10-09

Assigned preliminary A- rating to shelf of Shikoku Bank

Assigned AA+p Rating on Banco Bilbao Vizcaya Argentaria SA; Outlook Stable

Affirms AAA Ratings on The International Bank for Reconstruction and Development (IBRD, The World Bank); Outlook Stable

Sep. 28, 2010

Assigned J-1+ to A&D Bills Receivable Beneficial Interest 10-09

Affirmed AA- on the Commitment Line under a Project Finance

Assigned J-1 to Medical Fees Receivable ABL10-09 (2) (D Hospital)

Assigned BBB+/Stable rating to senior debts of Ain Pharmaciez

Affirmed BBB/Negative rating on Fuji

Affirms A+p/AA-p (FC/LC) Ratings on Korea Development Bank; Outlook Stable

Sep. 27, 2010

Assigned J-1 to Kimura Bills Receivable ABL10-09

Assigned AA- rating to ABL of PORT KAI, LLC

Assigned J-1+ to MSNW Trust Certificate Series 10090

Assigned preliminary BBB+ rating to shelf reg. of Daisan Bank

Affirmed BBB/Stable on Chiba Kogyo Bank

Affirms A-/A+ (FC/LC) ratings on The United Mexican States

Affirms AAA/AA+ ratings on The African Development Bank

Affirmed AAp/Stable rating on Japan Earthquake Reinsurance

Affirmed A+/Stable and J-1+ rating on Dai-Ichi Mutual Life Insurance

Sep. 24, 2010

Assigned preliminary J-1 to Toyoshima Bills Receivable ABL10-09

Assigned J-1+ to C Corporation Bills Receivable ABL10-09

Assigned J-1+ to Amano Bills Receivable Beneficial Interest10-09

Assigned preliminary J-1 to Aso Shoji Bills Receivable ABL10-09

Affirmed J-2 on CP program of Shoko

JCR Affirmed BBB+ and J-2 on Showa Denko; Outlook Positive
JCR Affirmed BBB- on SD Preferred Capital

Assigned preliminary AA- rating to shelf of Mitsubishi Heavy Industries

Affirmed A-/Negative rating on Tosoh

Assigned preliminary A- rating to bonds of Mori Building

Assigned AA/Stable to senior debts of MORI TRUST Sogo Reit

JCR affirms AA- ratings on Portugal

Sep. 22, 2010

Assigned preliminary J-1 to Nohara Bills Receivable ABL10-09

Assigned J-3 to Monthly Clear Card Shopping Receivable ABL10-09

Assigned J-1 to Medical Fees Receivable ABL10-09 (J Hospital)

Affirmed BBB+/Stable rating on Hakuto

Affirmed AAA (FC/LC) ratings on Japan

Affirmed AAA (FC/LC) ratings on Spain

Affirmed BBB+/Stable, BBB+ & preliminary BBB+ on Kintetsu Corporation

Sep. 21, 2010

Assigned J-1 to Medical Fees Receivable ABL10-09 (C Hospital)

Assigned J-1 to Medical Fees Receivable ABL10-09 (Asahikawa Sanai Hospital)

Assigned J-1 to dispensing fees ABL10-09 (Nanba Pharmacy)

Assigned preliminary A rating to shelf of Fuyo General Lease

Sep. 17, 2010

Assigned J-1 to Kurashiki Medical Center Beneficial Interest 10-09

Assigned J-1 to Medical Fees Receivable ABL10-09 (G Hospital)

Assigned J-1 to Medical Fees Receivable ABL10-09 (I Hospital)

Assigned pre. J-1+ to C Corporation Bills Receivable ABL10-09

Affirmed A/Stable rating on Nissan Motor

Affirmed AA- rating on EMTN of Mitsubishi UFJ Lease & Finance

Affirmed A/Stable and preliminary A on Nissan Financial Services

Affirmed A/Stable and A- rating on Nishi-Nippon City Bank

Assigned AA- rating to bond of Global One Real Estate Investment

Assigned A+ rating to subordinated bonds of Sumitomo Mitsui Banking

Sep. 16, 2010

Assigned J-1 to Medical Fees Receivable ABL10-09 (L Hospital)

Assigned J-1 to Medical Fees Receivable ABL10-09 (E Hospital)

Assigned J-3 to Narasaki Stax Accounts Receivable ABL10-09

Assigned J-1 to Medical Fees Receivable ABL10-09 (Kyowakai)

Assigned J-1 to Medical Fees Receivable ABL10-09 (F Hospital)

Withdraws BBB/Stable rating on sr.debts of Toho

Affirmed A/Stable and A- rating on Hyakujushi Bank

Assigned AA- to subordinated bonds of The Bank of Tokyo-Mitsubishi UFJ

Affirmed A+/Stable on Hiroshima Bank

Sep. 15, 2010

Assigned pre.J-1+ to Amano Bills Receivable Beneficial Interest 10-09

Assigned pre.J-1 to Kurashiki Medical Center Beneficial Interest 10-09

Assigned J-1 to Medical Fees Receivable ABL10-09 (H Hospital)

Assigned J-1 to Dispensing Fees Receivable ABL10-09 (sun-kur Corporation)

Assigned J-1 to Medical Fees Receivable ABL10-09 (K Hospital)

Assigned J-1+ to Takeda General Hospital Beneficial Interest 10-09

Withdraws A+p/Negative rating on Hitachi Software Engineering

Affirmed A/Stable on Hanshin Electric Railway

Assigned A; Affirmed A/Stable and J-1 on Hankyu Hanshin Holdings

Assigned BBB- rating to bonds of Daikyo Inc.

Assigned AAA rating to bonds of Aichi Prefecture

Affirmed AA-/Stable, AA- and J-1+ on Mitsubishi UFJ Nicos

Assigned AA- to bonds of Nomura Holdings

Sep. 14, 2010

Affirmed J-1+ on ABCP of Vector Asset, Nexus Asset & Velocity

Assigned pre. J-1+ to A&D Bills Receivable Beneficial interest 10-09

JCR Affirmed J-1+ on ABCP of Vector Asset

Affirmed J-1+ on ABCP of Vector Asset, Nexus Asset & Velocity

Affirmed A- on Class D bonds of Trust Maison TMK

Affirmed J-2 on CP of Tsubakimoto Kogyo

Affirmed A/Stable and J-1 on sr.debts and CP of Nichirei

Withdraws J-1 rating on CP Program of Daiichikosho

Affirmed A/Stable and J-1 on sr.debts and CP of Kagome

Assigned A to bonds; Affirmed A/Stable and A on Mitsui-Soko

Assigned BBB+ to bonds of Toyo Tire & Rubber

Assigned AA- to bonds of Nomura Europe Finance

Removed CM; Upgraded rating on Oriental Yeast from #A to AA-

Sep. 13, 2010

Assigned J-1 to Medical Fees Receivable ABL10-09 (B Hospital)

JCR Affirmed AA-/Stable, A+ and J-1+ on Mizuho Securities
JCR Affirmed AA- on MTN of Mizuho International
JCR Affirmed AA- on MTN of Mizuho Securities USA

JCR Affirmed AA/Stable Long-term Issuer Rating and AA and AA- Ratings on EMTN for Mitsubishi UFJ Securities Holdings
JCR Affirmed AA/Stable Long-term Issuer Rating on Mitsubishi UFJ Morgan Stanley Securities

Affirmed AA-/Stable rating on Nikko Cordial Securities

Affirmed AA-/Stable and J-1+ rating on Mizuho Investors Securities

Affirmed A+/Stable and J-1 on kabu.com Securities

Affirmed A/Stable on Izumi; Withdrawn J-1 rating on CP

Affirmed A/Negative, A and J-1 on Heiwado

Affirmed A on EMTN of Century Tokyo Leasing Corporation