News Release

Jun. 27, 2024

[ Asset Securitization Products ] JCR Assigned J-1 to Aso Shoji Bills Receivable ABL 24-06

[ Asset Securitization Products ] JCR Assigned J-1 to Medical Treatment Fees Receivable ABL 24-06 (D Hospital)

JCR Assigned A Rating to eDirect Trust NF1

JCR Assigned AA- to SPIRE SA Series 2024-202

JCR Reviewed Green Finance Framework of Invincible Investment

JCR Reviewed Green Finance Framework of ORIX JREIT

Jun. 26, 2024

JCR Affirmed AA/Stable Long-term Issuer Rating on ORIX JREIT

JCR Provided a Second Opinion to Positive Impact Finance Provided by The Shoko Chukin Bank to Daiichi Kasei

Jun. 25, 2024

GMO internet group makes transition to a Holding Company Structure—No Impact on Ratings

JCR Removed Credit Monitor; Affirmed A+ on INFRONEER HD; Placed Stable Outlook

JCR Assigned Preliminary A- Rating to Preferred Shares of INFRONEER HD

JCR Assigned BBB- Rating to Subordinated Loan of ZENSHO HD

JCR Assigned Preliminary AA- Rating to Shelf Registration of Hankyu Hanshin HD

JCR Affirmed A+/Stable Long-term Issuer Rating on JINUSHI PRIVATE REIT

[ Asset Securitization Products ] JCR Assigned AAA and AA- to REIT2024-001 Beneficial Interest

JCR Assigned AA Rating to Libra A Limited Series C086

JCR Provided a Second Opinion to Positive Impact Finance Provided by The Shoko Chukin Bank to Nexus Enterprise

Jun. 24, 2024

JCR Assigned J-1 Rating to CP of AICHI STEEL

JCR Affirmed J-2 Rating on CP of KYOKUYO

JCR Assigned AA Rating to Libra A Limited Series C087-1

JCR Reviewed Sustainability Finance Framework by Sumitomo Mitsui Finance and Leasing

Jun. 21, 2024

JCR Assigned BBB+/Stable Long-term Issuer Rating to NEXTAGE

JCR Affirmed A+/Stable Long-term Issuer Rating on PERSOL HD

JCR Affirmed AA/Stable Long-term Issuer Rating on MORI HILLS REIT INVESTMENT CORPORATION

JCR Assigned BBB+ Rating to Bonds of IDOM

JCR Reviewed Green Finance Framework of Mitsubishi Estate Logistics REIT Investment

Jun. 20, 2024

JCR Affirmed A-/Stable Long-term Issuer Rating on ASAHI BROADCASTING GROUP HD

[ Asset Securitization Products ] JCR Assigned Preliminary J-1 to Aso Shoji Bills Receivable ABL 24-06

[ Asset Securitization Products ] JCR Assigned J-3 to Narasaki Stax Accounts Receivable ABL 24-06

JCR Assigned AA- to SPIRE SA Series 2024-263

JCR Assigned AA- to SPIRE SA Series 2024-264

JCR Provided a Second Opinion to Positive Impact Finance Provided by The Shoko Chukin Bank to NIIDA BUSSAN

JCR Provided a Second Opinion to Positive Impact Finance Provided by The Shoko Chukin Bank to SOTOZAKI KOUSAKUSYO

Jun. 19, 2024

JCR Affirmed A-/Stable (FC) and A/Stable (LC) on Peru

JCR Affirmed AA-/Stable Long-term Issuer Rating on Hankyu Hanshin REIT

JCR Assigned Preliminary A Rating to Shelf Registration of NEC Capital Solutions

[ Asset Securitization Products ] JCR Affirmed AAA, BBB and A on MMJ Mortgage Trust II Senior Beneficial Interest and ABL

JCR Provided a Second Opinion on Positive Impact Assessment of The Chiba Bank

Jun. 18, 2024

JCR Assigned Preliminary BBB- Rating to Subordinated Loan of ZENSHO HD

[ Asset Securitization Products ] JCR Assigned Preliminary A to US real estate secured loan securitization 2024

JCR Assigned SU 1(F) to Sustainability Finance Framework of KDX Realty Investment

JCR Provided a Second Opinion to Positive Impact Finance Provided by 33 Bank to miechuougakuen

Jun. 17, 2024

JCR Affirmed AAp/Stable (FC) and AA+p/Stable (LC) on Korea Development Bank

JCR Assigned AA- to SPIRE SA Series 2024-186

Jun. 14, 2024

JCR Affirmed AAA/Stable (FC/LC) on the Netherlands

JCR Assigned A+ Rating to Subordinated Loan of DAIWA HOUSE INDUSTRY

JCR Assigned Preliminary J-1 to eDirect Trust N4

JCR Assigned Preliminary AA- to Securitization of Leases Receivable from SB 202406

JCR Assigned Preliminary AA- to Securitization of Loans Receivable from SB 202406

JCR Reviewed Sustainable Finance Framework by Mori Building

JCR Provided a Second Opinion to Positive Impact Finance Provided by The Shoko Chukin Bank to Nanboku Copper Elongation

JCR Provided a Second Opinion to Positive Impact Finance Provided by The Shoko Chukin Bank to KANSAI Technica & Design

Jun. 13, 2024

JCR Affirmed AA-/Stable Long-term Issuer Rating on San-in Godo Bank

JCR Affirmed AAA/Stable (FC/LC) on Australia

JCR Affirmed AA/Stable Long-term Issuer Rating on Hulic Reit

Jun. 12, 2024

JCR Assigned AA- Rating to Ganymede Limited Series 2024-47

JCR Provided a Second Opinion to Positive Impact Finance Provided by The Shoko Chukin Bank to venichu

Jun. 10, 2024

JCR Assigned AA-/Stable Long-term Issuer Rating to DBJ Private REIT

JCR Affirmed AA/Stable and J-1+ on JCB

Results of Review of Structured Finance Products (Excluding Those to Which Credit Ratings Are Assigned) May 2024

JCR Assigned Green 1(T)(F) and Provided a Second Party Opinion on suitability for the Sustainability-Linked Bond Principles and Sustainability Linked Loan Principles to Green/Transition Finance Framework of the Kansai Electric Power

Jun. 07, 2024

HEIWA REAL ESTATE Announces Capital and Business Alliance Agreement with TAISEI and Others—No Immediate Impact on Rating

JCR Solicits Public Comments on Revisions to Rating Methodology by Sector "General Trading Companies"

JCR Assigned AA- Rating to Bonds of JERA

JCR Assigned A Rating to Subordinated Bonds of Takeda Pharmaceutical

JCR Assigned AA- Rating to Bonds of Nissan Chemical

JCR Assigned A+ Rating to Subordinated Bonds of NIPPON STEEL

JCR Assigned AA Rating to Bonds of Japan Freight Railway

JCR Assigned Preliminary AA- Rating to Shelf Registration of Asahi Group HD

JCR Assigned Preliminary AA to Long-term Issue Rating of Suisen Credit Service LLC

JCR Assigned Preliminary BBB+ to Clean Energy Connect Non-FIT Virtual PPA Low-voltage Solar Power Plant Green Project Bond Trust 2024 Beneficial Interest and Trust ABL

JCR Reviewed Green Financing Framework of Kenedix Private Investment

JCR Provided a Second Opinion to Positive Impact Finance Provided by The Nishi-Nippon City Bank to KACHIKEN

JCR Provided a Second Opinion to Positive Impact Finance Provided by The Shoko Chukin Bank to Misuzu

Jun. 06, 2024

JCR Affirmed A-/Stable Long-term Issuer Rating on TONO SHINKIN BANK

JCR Affirmed AA/Stable and J-1+ on Sekisui House; Assigned Preliminary AA to Shelf Registration

JCR Assigned Preliminary A+ Rating to Subordinated Bonds of Sekisui House

JCR Reviewed Green Financing Framework of SOSiLA Logistics REIT

Jun. 05, 2024

JCR Assigned A- Rating to Bonds of AIFUL

JCR Affirmed AA/Stable and J-1+ on Tokyo Century
JCR Affirmed AA/Stable and J-1+ on NIPPON CAR SOLUTIONS
JCR Affirmed AA/Stable and J-1+ on FLCS
JCR Affirmed AA-/Stable and J-1+ on IHI Finance Support

Jun. 04, 2024

JCR Placed Rating on NAGATANIEN HD under Credit Monitor #BBB+/Negative

JCR Upgraded Long-term Issuer Rating on Marubeni to AA/Stable; Affirmed J-1+ on CP

JCR Affirmed AA-/Stable and J-1+ on Sumitomo Metal Mining

JCR Affirmed BBB- on Giga Solar Green Project Bond Trust (Fukushima) Beneficial Interest and Trust ABL

Jun. 03, 2024

Revisions of Rating Methodologies "Pharmaceuticals" and "Marine Transportation" by Sector

May. 31, 2024

JCR Assigned A+/Stable Long-term Issuer Rating to Nochu JAML REIT Investment Corporation

Change in CP Maximum Amount of NIPPON SANSO HD; Affirmed J-1+

JCR Assigned A+ Rating to Subordinated Loan of NIPPON STEEL

JCR Assigned AA Rating to Bonds of Tohoku Electric Power

JCR Assigned A Rating to Bonds of SoftBank Group

JCR Assigned A+ Rating to Bonds of JACCS

JCR Assigned A Rating to Bonds (Tier 1 with loss absorption clause) of Sumitomo Mitsui Financial Group

JCR Assigned A+ Rating to Bonds of FUJI ELECTRIC

JCR Assigned A- Rating to Bonds of SIIX

[ Asset Securitization Products ] JCR Assigned J-1+ to Hokuriku Bank A Corporation Bills & Electronically Recorded Receivables ABL 24-05

JCR Assigned AA- Rating to SPIRE SA Series 2024-230

JCR Assigned Green 1(T) (Preliminary) to the Japan Climate Transition Bonds (FY2024)

JCR Assigned Green 1(F) to Green Finance Framework of Nippon Prologis REIT

JCR Reviewed Green Loan Framework of MAINICHI COMNET

JCR Reviewed Sustainable Finance Framework by TOKYU