News Release

Jan. 15, 2009: Assigned AA- to bonds of Sumitomo Mitsui Banking; Affirmed J-2 on CP of Meidensha

Jan. 14, 2009: Assigned J-1 to healthcare fees receivable ABL09-01 (B Hospital); Affirmed BBB+/Stable on Fujikura Kasei; Affirmed A/Stable on First Bank of Toyama; Affirms Ratings on United Mexican States to A-/A+ (FC/LC); Outlook Stable; Affirmed BBB/Stable on Nakayama Steel Works; Affirmed BBB rating on Nippon Yakin Kogyo; Revised outlook to Negative

Jan. 13, 2009: Affirmed BBB on Nippon Fine Chemical; Revised outlook to Stable; Assigned AA+ to bonds of Osaka (City of); Affirmed A-/Stable and J-1 on Orient Corporation; Withdraws A/Stable rating on Nosan Corporation

Jan. 09, 2009: Assigned J-1 to Nohara Bills Receivable ABL09-01; Affirmed J-1+ on CP of JFE Holdings; Assigned AA- to bonds of Odakyu Electric Railway; Affirmed BBB/Stable and J-2 on sr.debts and CP of Okabe; Affirmed A+/Stable and J-1 on THK

Jan. 07, 2009: JCR Affirmed A+ on EMTN of ITOCHU
JCR Affirmed A+ on EMTN of ITOCHU International
JCR Affirmed A+ on EMTN of ITOCHU Finance (Europe)
JCR Affirmed A+ on EMTN of ITOCHU Treasury Centre Asia; Affirmed A+/Stable and J-1 on Itochu; Affirmed A/Stable on Sankei Building; Affirmed BBB+/Stable on sr.debts of Yonekyu; Affirmed J-2 on CP of Marudai Food

Jan. 05, 2009: Assigned J-1 to Molten Bills Receivable ABL08-12; Assigned J-1 to Toda Kogyo Bills Receivable ABL08-12; Assigned A/Stable to sr.debts of Ezaki Glico

Dec. 29, 2008: Assigned J-1 to SEIBUKIZAI Bills Receivable ABL08-12; Affirmed BBB/Stable on Hikari Tsushin; Withdraws #B+/Negative rating on Radia Holdings; Downgraded rating on Wakachiku Construction to BB+; Outlook Stable; Downgraded rating on sr.debts of Fukuda to BBB-/Negative; JCR Downgraded CSK Holdings to #BBB-/Negative and #J-2/Negative
JCR Downgraded Cosmo Securities to #BB/Negative and #J-3/Negative; JCR Affirmed BBB and J-2 on SBI Holdings; Revised Outlook to Negative
JCR Affirmed BBB on SBI Securities; Revised Outlook to Negative
JCR Affirmed BBB- on SBI Mortgage; Revised Outlook to Negative; Revises Rating Outlook of Shinhan Card to Negative

Dec. 26, 2008: Assigned J-1 to Aso Shoji Bills Receivable ABL08-12; Assigned AAA to San-in Shinpan Installment Sales Receivable ABL; Assigned J-1+ to Teral Bills Receivable ABL08-12; Assigned J-1+ to Chudai Jitugyo Bills Receivable ABL08-12; Assigned J-1 to Bills Receivable ABL08-12 (B Corporation in Mie); Affirmed BBB/Stable on senior debts of Kanto Tsukuba Bank; Downgraded Takara Leben's rating to BB+ and J-3; Affirmed A/Negative and A- on Shonai Bank; Downgraded Nissan Diesel Motor's long-term rating to A-

Dec. 25, 2008: Assigned J-1 to A&D Bills Receivable Trust Certificates; Assigned J-1 to Bills Receivable ABL08-12 (A Corporation in Aichi); Assigned J-1 to Kimura Bills Receivable ABL08-12; Assigned J-1 to Nippon Tungsten Bills Receivable ABL08-12; Assigned J-1+ to MSNW Trust Certificate Series 08120; Downgraded Japan General Estate rating to BB+/Negative and J-3; Affirmed AA/Stable on senior debts of Oriental Land; Assigned AA/Stable to Daiwa House; Withdrawn AAp

Dec. 24, 2008: Assigned J-1 to Osaka Steel Tube Bills Receivable ABL08-12; Affirmed BBB on Shinnihon Corporation ; Revised outlook to Negative

Dec. 22, 2008: Assigned J-1 to healthcare fees ABL08-12 (D Hospital); Assigned J-1 to healthcare fees ABL08-12 (Asahikawa Sanai HP); Assigned J-1 to Fuji Shokai Bills Receivable ABL08-12; Withdraws AA/Stable rating on SMRJDecember 22, 2008

Dec. 19, 2008: Assigned J-1 to healthcare fees receivable ABL08-12 (C Hospital); Affirmed A- on Daisan Bank; Revised outlook to Negative; Affirmed A+p/Stable on senior debts of Kansai Paint; Affirmed AA on Mitsubishi UFJ Securities; Assigned preliminary AAA to bonds of Aichi Prefecture; Upgraded rating on OMC Card to A-/Stable from BBB/Positive; Affirmed A/Stable and J-1 on sr.debts and CP of Minebea; Affirmed A-/Stable and J-1 on Central Finance; Affirmed A-/Stable and J-1 on sr.debts and CP of Quoq; Placed Sanyo Electric rating under Credit Monitor Positive; Placed Tohcello rating under Credit Monitor Positive

Dec. 18, 2008: Assigned J-1 to dispensing fees ABL08-12 (sun-kur Corporation); Assigned J-1+ to JUTEC Bills Receivable ABL08-12; Assigned J-1 to Nishiken Bills Receivable ABL08-12; Assigned AA- to subordinated bonds of Bank of Yokohama

Dec. 17, 2008: Assigned J-1 to healthcare fees ABL08-12 (F Hospital); Assigned J-1 to healthcare fees receivable ABL08-12 (A Hospital); Assigned J-1 to Kurashiki Medical Center Trust Certificates 08-12; Assigned J-1 to healthcare fees ABL08-12 (E Hospital); Downgrade Aozora Bank rating to A-; Removed it from Credit Monitor; Affirmed BBB- for Saison Automobile & Fire Insurance; Revised outlook to Stable; Downgraded Minami-Nippon Bank rating to BBB+/Stable; Downgraded rating on Ome Shinkin Bank to BBB from BBB+; Revised direction to Credit Monitor to Positive for NikkoCiti Trust and Banking; JCR Upgraded Rating on Telefonica from A-/Stable to A/Stable
JCR Upgraded Rating on Telefonica Europe from A- to A; Affirms A Ratings on Renault's FC and Samurai Bonds;Outlook Negative

Dec. 16, 2008: Assigned J-1 to healthcare fees receivable ABL08-12 (Shuyukai); Affirmed J-1+ on CP of Tokio Marine & Nichido Fire Insurance; Affirmed BBB/Stable on senior debts of Softbank Telecom; Affirmed BBB/Stable and J-2 on sr.debts and CP of Softbank; Downgrades Bulgaria to BBB/BBB+ (FC/LC); Affirms A-/A (FC/LC) Ratings to Poland, revises outlook to stable; Affirmed A-/Stable on senior debts of Tomakomai Shinkin Bank

Dec. 15, 2008: Assigned J-1+ to Takeda Gen. Hospital Trust Certificates 08-12

Dec. 12, 2008: Assigned J-1 to healthcare fees receivable ABL08-12 (Kyowakai); Assigned preliminary J-1 to A&D Bills Receivable Trust Certificates; Assigned AA- to bonds of Mitsui O.S.K. Lines; Assigned A+ to bonds of Kobe Steel; Assigned AA+ to bonds of Osaka (City of); Affirmed AA/Stable on sr.debts of Nomura Real Estate Residential Fund; Affirmed A-/Stable and J-1 on Don Quijote; Affirmed BBB/Stable on senior debts of Toyo Logistics; Assigns A Rating on France Telecom; Outlook Stable

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