News Release

Jun. 16, 2009: Assigned J-1 to Medical Fees Receivable ABL09-06 (A Hospital); Assigned J-1 to Medical Fees Receivable ABL09-06 (I Hospital); Assigned A+ rating to bonds of Nikon; Affirmed BBB+ on Monex Group, Inc.; Assigned AAA to bonds of Aichi Prefecture; Assigned A to bonds of Krosaki Harima

Jun. 15, 2009: Assigned J-1+ to Takeda Gen. Hospital Beneficial Interest 09-06; Assigned J-1 to Medical Fees Receivable ABL09-06 (Kyowakai); Affirmed BBB+/Stable on Matsuda Sangyo; Assigned AAA to bonds of Aichi Prefecture

Jun. 12, 2009: Affirms A ratings on Shinhan Card; Outlook Negative; Assigned AAA to bonds of Aichi Prefecture; Affirmed AA on Daiwa House Industry; Revised outlook to Negative; Withdraws #BB- rating on senior debts of Medca Japan

Jun. 11, 2009: Assigned J-1 to Medical Fees Receivable ABL09-06 (B Hospital); Assigned AA to bonds of Urban Renaissance Agency; Withdraws J-2 rating on CP Program of Hakuto

Jun. 10, 2009: Assigned A+ to bonds of Kobe Steel; Affirmed A+/Stable and J-1+ on JCB; Assigned AA+ rating to bonds of NTT Finance; Assigned A- to sub.bonds of Chuo Mitsui Trust and Banking; Affirmed S3 Servicer Rating on Yamada Servicer Synthetic Office; Affirmed BBB-/Stable on sr.debts of Yamada Servicer Synthetic Office; Affirms A+ and J-1 on Sumitomo Rubber Industries; Revised Outlook to Negative; Withdraws preliminary AA- rating on shelf of Towa Real Estate Development

Jun. 09, 2009: Assigned J-1 to Nohara Bills Receivable ABL09-06; Assigns AA+ Rating on EDF; Outlook Stable; Downgraded rating for Heiwa Real Estate to BBB+; Assigned AA- to bonds of Nomura Holdings

Jun. 08, 2009: Assigned J-1 to Toyoshima Bills Receivable ABL09-06; JCR Assigned AA- rating to EMTN of Suntory Holdings
JCR Assigned AA- rating to EMTN of SUNTORY EUROPE
JCR Assigned AA- rating to EMTN of SUNTORY CAPITAL; Withdrawn AA- to euroyen notes of SUNTORY EUROPE; Withdraws AA- rating on notes of Suntory Holdings Limited; JCR Affirmed A-/Stable and J-1 on LT/ST sr.debts of Ueda Yagi Tanshi
JCR Affirmed A-/Stable and J-1 on LT/ST sr.debts of Central Tanshi
JCR Affirmed A-/Stable and J-1 on LT/ST sr.debts of Tokyo Tanshi; JCR Downgraded rating on Mitsui Mutual Life Insurance by one notch to BBB/Stable
JCR Downgraded rating on Asahi Mutual Life Insurance by one notch to BB/Negative

Jun. 04, 2009: Assigned A- rating to bonds of Keisei Electric Railway; Assigned AAA rating to bonds of Kyushu Electric Power; Affirms BB- (FC/LC) ratings on Turkey; Outlook Stable; Assigned AA- to sub.bonds of Mitsubishi UFJ Trust & Banking

Jun. 03, 2009: Affirmed A for OSG Corporation; Revised outlook to Negative; Assigned AA- to bonds of Suntory Holdings Limited; Affirmed A-/Stable on sr.debts of Hiroshima Shinkin Bank; Affirmed A+/Stable on sr.debts of Aichi Bank; Assigned AA rating to bonds of Nippon Steel; Assigned AAA to bonds of Kansai Electric Power; Assigned AA- to bonds of Mitsubishi UFJ Lease & Finance; Assigned AA+ rating to bonds of Osaka (City of); Affirmed AA-/Stable and J-1+ on TonenGeneral Sekiyu

Jun. 02, 2009: Assigned AA- rating to sub.bonds of Bank of Tokyo-Mitsubishi UFJ; Affirmed A/Stable and A- on sr.debts and sub.bonds of Toho Bank; Affirmed A/Stable rating on senior debts of Rohto Pharmaceutical; Affirmed A+/Stable rating on sr.debts of Daishi Bank; Credit Monitor Removed and Assigned A- to Osaka Securities Finance; Withdraws BB+/Stable and J-3 ratings on Anabuki Construction; Placed Yorozu rating on Credit Monitor (#BBB/Negative); Placed Akebono Brake Industry rating on Credit Monitor Negative; Placed Takata rating on Credit Monitor (#A/Negative); Placed Isuzu Motors rating on Credit Monitor (#BBB+/Negative)

Jun. 01, 2009: Assigned J-1 to Castem Bills Receivable ABL09-06; Downgraded rating on bonds of SCB Securitization to A+; Affirmed AA+ on bonds of Osaka (City of); Affirmed BBB/Stable and BBB on sr.debts and bonds of Kisoji; Upgraded rating of Kohnan Shoji from BBB-/Positive to BBB/Stable; Downgraded Shinkin Guarantee Fund to A/Stable from A+/Negative; Downgraded Shinkin Central Bank to AA/Stable from AA+/Negative; Affirmed A-/Stable on sr.debts of Saitamaken Shinkin Bank

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)

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