News Release

May. 29, 2009: Assigned J-1+ to Chudai Jitugyo Bills Receivable ABL09-05; Assigned J-1 to Molten Bills Receivable ABL09-05; Affirmed A-/Stable and J-1 on sr.debts and CP of Central Glass; Affirmed A+/Stable and J-1 on sr.debts and CP of Nikon; Downgraded Mitsubishi Rayon rating to A; Removed Credit Monitor; Affirmed BBB-/Stable and BB+ on Kirayaka Bank; Downgraded Joint Corp. rating to D

May. 28, 2009: Assigned J-1 to Aso Shoji Bills Receivable ABL09-05; Assigned J-1 to A&D Bills Receivable Beneficial Int. 09-05; Assigned J-1 to Seibukizai Bills Receivable ABL09-05; Assigned BBB+ rating to bonds of Nankai Electric Railway; Assigned AA- and A+ rating to sr.& sub.bonds of Mizuho Corporate; Assigned A to subordinated bonds of Hiroshima Bank

May. 27, 2009: Assigned J-1 to Osaka Steel Tube Bills Receivable ABL09-05; Assigned AA to bonds of Nitto Denko; Affirmed A-/Stable and A- on sr.debts and bonds of Senko

May. 26, 2009: Assigned J-1 to Bills Receivable ABL09-05 (B Corporation in Mie); Assigned A to bonds of Marubeni; Affirmed BBB+/Stable and J-2 rating on Maruetsu; Affirmed BBB- on Showa Aircraft Industry; Revised outlook to Stable; Assigned BBB rating to bonds of Softbank; Assigned AA- to bonds of Mitsui Fudosan

May. 25, 2009: Assigned J-1+ to MSNW Trust Certificate Series 09050; Assigned J-1 to Bills Receivable ABL09-05 (A Corporation in Aichi); Assigned J-1 to Fuji Shokai Bills Receivable ABL09-05; Assigned J-1 to medical treatment fee ABL09-05 (D Hospital); Assigned preliminary A- rating to shelf of Keihan Electric Railway; Assigned preliminary AA rating to shelf of Bank of Yokohama

May. 22, 2009: Assigned A- to bonds of Kintetsu; Removed Howa Bank Rating from Credit Monitor and Affirmed BBB-; Assigned A+ to subordinated bonds of Sumitomo Trust & Banking; Affirmed J-2 on CP of Ichinen Holdings

May. 21, 2009: Assigned J-1 to healthcare fees receivable ABL09-05 (G Hospital); Assigned J-1 to healthcare fees ABL09-05 (Asahikawa Sanai HP); Affirmed BBB+/Stable on Kitz; Affirmed A-/Stable and J-1 on Tokyo Tatemono; Assigned preliminary A- to shelf of Keisei Electric Railway

May. 20, 2009: Assigned J-1 to healthcare fees receivable ABL09-05 (C Hospital); Assigned AA- to bonds of Mitsui O.S.K. Lines; Affirmed A-/Stable and BBB+ on Minato Bank; Assigned AA- to Subordinated Bonds (Hybrid) of Sompo Japan Insurance

May. 19, 2009: Assigned J-1 to healthcare fees ABL09-05 (H Hospital); Assigned preliminary BBB rating to shelf of Softbank; JCR Affirmed A on EMTN of Marubeni
JCR Affirmed A on EMTN of Marubeni Europe
JCR Affirmed A on EMTN of Marubeni Finance Holland; Affirmed A/Stable and J-1 on Marubeni; Affirmed A/Stable and A- on Chukyo Bank

May. 18, 2009: Assigned preliminary J-1 to A&D Bills Receivable Trust Certificates 09-05; Assigned J-1 to healthcare fees receivable ABL09-05 (Shuyukai); Assigned J-1 to Kurashiki Medical Center Trust Certificate 09-05; Assigned J-1 to healthcare fees ABL09-05 (H Hospital); Assigned J-1 to healthcare fees ABL09-05 (E Hospital); Assigned J-1 to healthcare fees receivable ABL09-05 (Kyowakai); Assigned J-1 to dispensing fees ABL09-05 (sun-kur Corporation); Assigned J-1 to healthcare fees ABL09-05 (F Hospital); Affirmed BBB+/Stable on sr.debts of Takayama Shinkin Bank; Affirmed BBB- on Nissen Holdings; Revised outlook to Negative; Assigned preliminary A to shelf registration of Yokohama Rubber; Affirmed A-/Stable on senior debts of Takeda General Hospital; Assigned preliminary AA- to bonds of Suntory Holdings Limited

May. 15, 2009: Assigned AA+ to bonds of Osaka (City of); Assigned A+ rating to bonds of Nisshin Steel; Assigned preliminary AA- to shelf of Odakyu Electric Railway; Assigned AA- to 3rd series loan A/beneficial int. of HC Ayasegawa; Assigned AAA to bonds of Aichi Prefecture

May. 14, 2009: Assigned J-1 to healthcare fees receivable ABL09-05 (A Hospital); Assigned J-1+ to Takeda Gen. Hospital Trust Certificates 09-05; Downgraded Minami-Nippon Bank to BBB; Credit Monitor Removed; Upgraded NTT Finance rating to AA+; JCR Downgraded Shinsei Bank to BBB+/Negative and J-2
JCR Downgraded Showa Leasing to BBB/Negative and Affirmed J-2
JCR Downgraded Shinki to BBB/Negative and Affirmed J-2; Assigned AAA to bonds of Electric Power Development; Assigned AAA to bonds of Tokyo Electric Power Company; Assigned A+ to bonds of Itochu

May. 13, 2009: Placed Japan Airlines rating under Credit Monitor Negative; Revised rating outlook on Hitachi from Stable to Negative; Affirmed BBB+/Stable on sr.debts of TCM; Placed Japan Airlines International rating under Credit Monitor Negative

May. 12, 2009: Assigned J-1 to healthcare fees receivable ABL09-05 (B Hospital); Affirms A-/A+ (FC/LC) Ratings on PTT Exploration and Production Public Company; JCR Affirms A+/AA- (FC/LC) Ratings on Daejeon Metropolitan City; Outlook Negative
JCR Affirmed A+ Ratings on Bonds of Daejeon Riverside Expressway Funding; Affirms A/A+ (FC/LC) ratings on Malaysia; Outlook Stable

May. 11, 2009: Affirmed A-/Stable and J-1 on LT/ST sr.debts of Kyoto Shinkin Bank; Withdraws BBB-/Stable rating on senior debts of Tokatsu Foods; Withdraws #B+/Negative and NJ rating on Cosmo Securities

May. 08, 2009: Assigned J-1 to Nohara Bills Receivable ABL09-05; Affirmed A/Stable and J-1 on Matsumotokiyoshi Holdings; JCR Assigned AA- to EMTN of Mizuho Securities
JCR Assigned AA- to EMTN of Mizuho International; Affirmed A+/Stable and J-1+ on Sumitomo Mitsui Card; Affirmed A/Stable rating on sr.debts of Sundrug; Affirmed BBB/Stable on senior debts of Daiken Corporation; Withdraws BBB-, J-2 rating on sr.debts and CP of Risa Partners; Downgraded Hokuetsu Bank rating to A- and BBB+

May. 07, 2009: Affirmed A- on Michinoku Bank; Revised outlook to Negative; Assigned BBB-/Stable rating to Akanekai

May. 01, 2009: Assigned preliminary BBB+ rating to shelf of Nankai Electric Railway; Affirmed BBB/Stable on sr.debts of Nagatanien; Removed Credit Monitor and Affirmed BBB- on Risa Partners; Affirmed A+ rating on Shiga Bank; Revised outlook to Negative; Revised direction to Credit Monitor on Nikko Cordial to Positive; JCR Downgrade CSK Holdings to #BB/Negative and #J-3/Negative
JCR Downgrade Cosmo Securities to #B+/Negative and NJ

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