News Release

Mar. 24, 2010

Assigned J-3 to Monthly Clear Card Shopping Receivable ABL10-03

Upgraded ratings on B,C series yen bonds of MTBC Housing Loan to AAA

Assigned J-1 to Toyoshima Bills Receivable ABL10-03

Assigned AAA ratings to The African Development Bank's notes

Affirmed #A+/Negative, J-1 on Sumishin Matsushita Financial Services

Mar. 23, 2010

Assigned J-1 to Fuji Shokai Bills Receivable ABL10-03

Assigned J-1 to dispensing fees ABL10-03 (Nanba Pharmacy)

Assigned J-1 to Medical Fees Receivable ABL10-03 (Asahikawa Sanai HP)

Placed rating on Unimat Life under Credit Monitor #BBB/Negative

Affirmed A-,J-1 on Osaka Sec. Finance; Revised outlook to Stable

Assigned BBB rating to sub.bonds of Tokyo Star Bank

Mar. 19, 2010

Assigned J-1 to Medical Fees Receivable ABL10-03 (C Hospital)

Assigned J-1 to CATERPILLAR Kyushu Bills ABL10-03

Affirmed A-/Negative rating on Okamura Corporation

Affirmed A-/Stable and J-1 on Nisshin Oillio Group

Affirmed A+p/Stable rating on senior debts of Shimizu Corporation

Affirmed BBB/Stable on Nichias

Assigned pre. #AA-, #A+/Negative to shelf of Sumitomo Trust and Banking

Mar. 18, 2010

Assigned J-1 to Medical Fees Receivable ABL10-03 (I Hospital)

Assigned J-1 to Medical Fees Receivable ABL10-03 (G Hospital)

Assigned A rating to ABL of PORT KEI, LLC

Assigned J-1 to Medical Fees Receivable ABL10-03 (Kyowakai)

Assigned J-1 to Medical Fees Receivable ABL10-03 (J Hospital)

Assigned J-1 to Medical Fees Receivable ABL10-03 (Shuyukai)

Affirmed A/Stable, A and J-1 rating on Sumitomo Heavy Industries

Assigned BBB rating to sub.bonds (Hybrid) of DIC

Assigned BBB rating to subordinated bonds of Nagano Bank

Affirmed BBB-/Stable rating on Harima-Kyowa

Mar. 17, 2010

Assigned J-1 to Medical Fees Receivable ABL10-03 (H Hospital)

Assigned J-1 to Kurashiki Medical Center Beneficial Int. 10-03

Assigned J-1 to dispensing fees ABL10-03 (sun-kur Corporation)

Assigned J-3 to Narasaki Stax Accounts Receivable ABL10-03

Assigned J-1 to Medical Fees Receivable ABL10-03 (E Hospital)

Assigned J-1 to Medical Fees Receivable ABL10-03 (F Hospital)

Affirms AA rating on DnB NOR BANK ASA; Outlook Stable

Assigned AAA to bonds of Aichi Prefecture

Affirms AAA Rating on Kingdom of Norway; Outlook Stable

Mar. 16, 2010

Assigned pre. J-1+ to A&D Bills Receivable Beneficial Interest 10-03

Affirmed A-/Stable, A- and J-1 on Sumitomo Osaka Cement

Affirmed A-/Stable and BBB+ on Minato Bank

Mar. 15, 2010

Assigned J-1+ to Takeda Gen. Hospital Beneficial Interest 10-03

Mar. 12, 2010

Affirmed J-1 rating on CP of Tokyo Associates Finance

Affirmed A- on Chikuho Bank; Revised outlook to Stable

Affirmed A+ and A on Musashino Bank; Revised outlook to Stable

Assigned BBB+ rating to bonds of Makino Milling Machine

Affirmed A on Konami; Revised outlook from Positive to Stable

Affirmed BBB/Stable on sr.debts of Sanyo Electric

Assigned A- to bonds of Tokyo Tatemono

Assigned AA- to bonds of Nomura Holdings

Assigned AAA to bonds of Aichi Prefecture

Mar. 11, 2010

Assigned J-1 to Medical Fees Receivable ABL10-03 (B Hospital)

Assigned A to bonds of Acom

Affirmed A+/Stable on sr.debts of Sumitomo Warehouse

Affirmed A-/Stable rating on Hiroshimashi Credit Cooperative

Mar. 10, 2010

Assigned A to bonds of Sumitomo Realty & Development

Affirmed BBB/Stable rating on Ome Shinkin Bank

Affirmed AA+/Stable and J-1+ on NTT Finance Corporation

Assigned AA- to bonds of Nomura Holdings

Assigned A- rating to sub.bonds of Nishi-Nippon City Bank

Mar. 09, 2010

Assigned J-1 to Nohara Bills Receivable ABL10-03

Affirmed A and A- on Miyazaki Bank; Revised outlook to Stable

Affirmed A/Stable and J-1 on Taiyo Nippon Sanso

JCR Upgraded rating on Hokuhoku Financial Group from A-/Positive to A/Stable
JCR Upgraded rating on Hokuriku Bank from A-/Positive to A/Stable
JCR Upgraded rating on Hokkaido Bank from A-/Positive to A/Stable

Assigned AAA to bonds of Aichi Prefecture

Mar. 08, 2010

Affirmed J-1+ on CP of Nippon Telegraph and Telephone East Corporation

Affirmed AAA/Stable on senior debts of NTT DoCoMo

Affirmed BBB+/Stable on Kowa Real Estate

Affirmed A and J-1 on Takashimaya; Revised outlook to Negative

Assigned preliminary A+ rating to shelf of Tokyu Corporation

Affirmed A- and J-1 on Tokyu Land; Revised outlook to Negative

Affirmed J-1+ on CP of Nippon Telegraph and Telephone West Corporation

Affirmed A-/Stable on sr.debts of H2O Retailing

Affirmed A on J.Front Retailing; Revised outlook to Negative

Mar. 05, 2010

Affirmed BBB+/Stable on sr.debts of Settsu Suito Shinkin Bank

Assigned AAA rating to bonds of Kyushu Electric Power Company

Assigned BBB+ rating to bonds of Softbank

Assigned A+ rating to bonds of Itochu

Assigned preliminary A- rating to shelf of Hulic

Assigned A- to bonds of Nagoya Railroad

Affirms BBB+/A-(FC/LC) on Hungary and National Bank of Hungary; Outlook Stable

Affirms BBB+ Ratings (FC/LC) on Indian Railway Finance; Outlook Stable

Mar. 04, 2010

Assigned BBB+ to subordinated bonds of Tokyo Tomin Bank

Affirmed BBB on Shinnihon Corporation; Revised outlook to Stable

Affirmed BBB/Stable on senior debts of Tokyo Derica

Assigned AA- rating to bonds of Mitsubishi UFJ Lease & Finance

Mar. 03, 2010

Affirms AA- Ratings on Corporacion Andina de Fomento; Outlook Stable

Assigned AA+ rating to bonds of Osaka (City of)

Affirmed A/Stable rating on Hamamatsu Photonics

Mar. 02, 2010

Affirmed AA/Stable and J-1+ on sr.debts and CP of Bridgestone

Assigned A rating to bonds of Marubeni

Affirmed A-/Stable rating on Aica Kogyo

Mar. 01, 2010

Assigned A/Stable rating to senior debts of Taisei Corporation

Affirms A/A+ (FC/LC) ratings on Czech Republic: Outlook Stable

Affirmed BBB/Negative rating on sr.debts of Tsukuba Bank

Withdraws BB+/Negative rating on sr.debt of Tohoku Misawa Homes

Feb. 26, 2010

Assigned J-1+ to Teral Bills Receivable ABL10-02

Assigned J-1 to Molten Bills Receivable ABL10-02

Assigned J-1+ to Bills Receivable ABL10-02 (A Corp. in Niigata)

Assigned J-1 to Hayakawa Rubber Bills Receivable ABL10-02

Assigned AA rating to bonds of JFE Holdings