News Release

Nov. 24, 2009: Affirmed A on Euro Medium Term Note Programme of BOT Lease; Affirmed A+/Stable and J-1 on sr.debts and CP of JFE Shoji Trade; Affirmed A+/Stable on sr.debts of JFE Shoji Holdings; Upgraded rating on Showa Sangyo to A- and J-1; Assigns AA+ Preliminary Rating to GDF SUEZ's Samurai; Affirmed A-/Stable and A- on Nippon Tochi-Tatemono

Nov. 20, 2009: Assigned J-1 to Medical Fees Receivable ABL09-11 (G Hospital); Assigned J-1 to Medical Fees Receivable ABL09-11 (Asahikawa Sanai HP); Assigned J-1 to dispensing fees ABL09-11 (Nanba Pharmacy); Affirmed AAA/Stable and AAA on senior debts and bonds of Japan Broadcasting Corporation; Assigned AA- to bonds of Nomura Holdings; Assigned AAA to bonds of Electric Power Development; Assigned AA to bonds of Urban Renaissance Agency; Affirmed BBB on Chiba Kogyo Bank; Revised outlook to Stable

Nov. 19, 2009: Assigned J-1 to Medical Fees Receivable ABL09-11 (I Hospital); Assigned J-1 to Medical Fees Receivable ABL09-11 (C Hospital); Placed Mitsubishi Plastics' ratings under Credit Monitor Negative; Placed Mitsubishi Chemical's ratings under Credit Monitor Negative; Placed Mitsubishi Rayon's ratings under Credit Monitor Positive

Nov. 18, 2009: Assigned J-3 to Narasaki Stax Accounts Receivable ABL09-11; Assigned J-1 to Medical Fees Receivable ABL09-11 (Shuyukai); Assigned J-1 to Medical Fees Receivable ABL09-11 (E Hospital); Assigned J-1 to Medical Fees Receivable ABL09-11 (J Hospital); Assigned J-1 to Medical Fees Receivable ABL09-11 (F Hospital); Affirmed AA/Stable and J-1+ on HOYA; Assigned preliminary A to shelf of Nissan Financial Services; Affirmed AA-/Stable on Sumitomo Mitsui Finance and Leasing; Assigns BBB Rating to Shinhan Bank Japan: Outlook Stable

Nov. 17, 2009: Assigned J-1 to Kurashiki Medical Center Beneficial Int. 09-11; Assigned J-1 to Medical Fees Receivable ABL09-11 (H Hospital); Assigned J-1 to dispensing fees ABL09-11 (sun-kur Corporation); Assigned J-1 to Medical Fees Receivable ABL09-11 (Kyowakai); Affirmed J-2 on CP of Sumitomo Light Metal Industries; Affirmed A-/Stable on senior debts of Hokuto; Affirmed BBB/Negative and J-2 on Nippon Light Metal

Nov. 16, 2009: Assigned pre. J-1 to A&D Bills Receivable Beneficial Int. 09-11; JCR Affirmed AA-/Stable and AA- on Mitsui O.S.K. Lines; Affirmed A+/Stable and J-1 on Ito En; Assigned BBB to bonds of Kohnan Shoji; JCR Affirmed AA- on euroyen notes of Mitsui O.S.K. Finance plc; JCR Affirmed AA- on EMTN of Mitsui O.S.K. Lines
JCR Affirmed AA- on EMTN of Euromol

Nov. 13, 2009: Assigned J-1+ to Takeda Gen. Hospital Beneficial Interest 09-11; Affirmed J-1 on CP of SMBC Finance Service; Assigned AAA to bonds of Aichi Prefecture; Affirmed A+/Positive rating on sr.debts of Yamada Denki

Nov. 12, 2009: JCR Assigned BBB+/Stable rating to FIDEA Holdings
JCR Downgraded rating on Shonai Bank to BBB+/Stable
JCR Affirmed BBB+/Stable rating on Hokuto Bank; Revised Outlook from Positive to Stable; Assigned AA+ rating to bonds of Japan Water Agency; Affirmed A+p on senior debts of NSK; Revised outlook to Negative; Assigned preliminary A rating to shelf of Kawasaki Heavy Industries

Nov. 11, 2009: Assigned J-1 to Medical Fees Receivable ABL09-11 (B Hospital); Assigned A-/Stable rating to AvanStrate Inc.; Withdraws D ratings on bonds of ES-CON Japan

Nov. 10, 2009: JCR Affirmed A-/Stable ratings on IT Holdings
JCR Affirmed A-/Stable ratings on IINTEC
JCR Affirmed A-/Stable ratings on TIS; Affirmed AA+/Stable and AA+ on Japan Water Agency

Nov. 09, 2009: Assigned J-1 to Nohara Bills Receivable ABL09-11; Affirmed A+/Stable and J-1 on Tokyu Corporation; Affirmed A+/Stable and J-1 on Keihin Electric Express Railway; JCR Upgraded rating on Tobu Railway to BBB+
JCR Upgraded rating on TR Preferred Capital to BBB-; Affirmed A-/Stable on Keisei Electric Railway; Affirmed AA/Stable and J-1+ on Keio Corporation; Affirmed AA-/Stable and J-1+ on Odakyu Electric Railway; Removed rating on Sankyo-Tateyama Holdings from Credit Monitor; Affirmed A- rating on Amagasaki Shinkin Bank; Outlook Positive; Affirmed AA-/Stable and J-1+ on Nippon Electric Glass

Nov. 06, 2009: Assigns A- Ratings to Poland's JPY bonds; Assigned AA+ rating to bonds of Osaka (City of); Downgraded rating on Sanwa Holdings from A+/Negative to A/Stable; Affirmed A+/Stable on senior debts of Hekikai Shinkin Bank; JCR Placed rating on Sumitomo Trust & Banking under Credit Monitor #AA-, #A+, #A/Negative
JCR Placed rating on STB Finance Cayman under Credit Monitor #A+, #A/Negative
JCR Placed rating on STB Leasing under Credit Monitor #A+/Negative
JCR Placed rating on Sumishin Matsushita Financial Services under Credit Monitor #A+/Negative
JCR Placed rating on First Credit under Credit Monitor #A+/Negative
JCR Placed rating on Chuou Mitsui Trust & Banking under Credit Monitor #A, #A-/Positive
JCR Placed rating on Chuou Mitsui Asst Trust & Banking under Credit Monitor #A/positive

Nov. 04, 2009: Affirmed A/Stable and J-1 on Fuyo General Lease; Assigned J-1 to CP program of Sharp Finance Corporation; Assigned A rating to bonds of Marubeni; Affirmed A and A- on Aomori Bank; Revised outlook to Stable; Affirmed AA+/Stable and J-1+ on sr.debts and CP of NTT Data; Upgraded rating on Daiichikosho to A; Outlook Stable

Nov. 02, 2009: Affirmed A-/Negative and BBB+ on Michinoku Bank; Affirmed A+ on Yokogawa Electric; Revised outlook to Negative; Downgraded rating on Nishimatsu Construction to BBB+p/Stable; Affirms BB+/BBB- (FC/LC) ratings on Republic of Macedonia; Placed rating on Nissan Diesel Motor under Credit Monitor Negative #A-; Affirmed A-/Stable on Shizuoka Shinkin Bank; Affirmed A/Stable rating on Okazaki Shinkin Bank; Affirmed BBB and J-2 on Joshin Denki; Revised outlook to Positive; Downgraded Japan Airlines International to #B/Negative; Maintains on CM; Downgraded rating on Japan Airlines to #B/Negative; Maintains it on CM

Oct. 30, 2009: Assigned J-1 to Molten Bills Receivable ABL09-10; Assigned J-1+ to Bills Receivable ABL09-10 (A Corp. in Niigata); Assigned J-1+ to Teral Bills Receivable ABL09-10; Affirmed A+/Stable and J-1 on Mitsubishi Chemical; Affirmed A+p/Stable on Mitsubishi Tanabe Pharma Corporation; Withdraws J-2 rating on CP program of Dainippon Screen Mfg.; Assigned preliminary A rating to shelf of Nishi-Nippon City Bank; Affirmed BBB+/Stable rating on Jowa Holdings; Affirmed BBB/Stable on Soken Chemical & Engineering; Affirmed A+/Stable and J-1 on Mitsubishi Plastics; Revises rating outlook of SHC to Stable; Assigns A+ Ratings to Industrial Bank of Korea's Yen Bonds; Affirmed AAA rating on EMTN of Tokio Marine Financial Solutions

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