News Release

Jul. 13, 2022

JCR Solicits Public Comments on Rating Methodology for Group Companies of Corporate Group

JCR Affirmed AA-/Stable and J-1+ on Suntory HD

JCR Affirmed AA-/Stable and J-1+ on Suntory Beverage & Food

JCR Affirmed Ap/Stable Long-term Issuer Rating on TOYO INK SC HD

JCR Assigned AAA Rating to Bonds of Tokyo Metro

[ Asset Securitization Products ] JCR Affirmed BBB on ABL 21-04

Jul. 12, 2022

JCR Upgraded Long-term Issuer Rating on Daiei Real Estate & Development to BBB+/Stable; Affirmed J-2 on CP

JCR Downgraded Rating on UNIZO HD to #B+/Negative; Maintains Credit Monitor

JCR Affirmed BBB/Stable Long-term Issuer Rating on OUTSOURCING

JCR Assigned Preliminary A+ Rating to Shelf Registration of NICHIREI

Jul. 11, 2022

French Government Showed Intension to Nationalize EDF - Positive Factor for Rating If Nationalization Is Realized

JCR Affirmed BBB Long-term Issuer Rating on ISHIHARA SANGYO; Revised Outlook to Positive

JCR Affirmed BBB+ Long-term Issuer Rating on GEO HD; Revised Outlook to Positive

JCR Affirmed A+/Stable and J-1 on LINTEC

JCR Provided a Third Party Opinion to the Positive Impact Framework of The Shoko Chukin Bank

JCR provided a third party opinion on Green Finance/Social Finance/Sustainability Finance Framework by SHOKO CHUKIN BANK

JCR Provided a Third Party Opinion to Positive Impact Finance Provided by The Shoko Chukin Bank to Johoku Holdings

JCR Provided a Third Party Opinion to Positive Impact Finance Provided by The Shoko Chukin Bank to SHIROISHI WAREHOUSE

Jul. 08, 2022

JCR Affirmed A- and J-1 on Mitsui Mining and Smelting; Revised Outlook to Positive

JCR Affirmed AA Long-term Issuer Rating on DAIKIN INDUSTRIES; Revised Outlook to Positive

JCR Affirmed BB+ and J-3 on Nippon Sheet Glass; Revised Outlook to Stable

JCR Affirmed A/Stable and J-1 on DIC

JCR Affirmed A-/Stable Long-term Issuer Rating on HOKUTO

JCR Affirmed BBB+/Stable Long-term Issuer Rating on TOMATO BANK

JCR Withdraws FC Long-term Issuer Rating, Rating on Bonds/MTN program of Credito Real

JCR Assigned AA Rating to Bonds of Chubu Electric Power

JCR Assigned AA Rating to Bonds of Kansai Electric Power

JCR Assigned AA Rating to Bonds of Mitsui Fudosan

JCR Assigned A Rating to Bonds of Kawasaki Heavy Industries

JCR Assigned AA Rating to Bonds of Keio

JCR Assigned BBB+ Rating to Bonds of GREE

JCR Assigned AA- Rating to Bonds of Sumitomo Mitsui Trust Bank

JCR Assigned AAA Rating to Bonds of Development Bank of Japan

JCR Provided a Third Party Opinion to Positive Impact Finance Provided by Sumitomo Mitsui Trust Bank to MinebeaMitsumi

JCR Assigned Green 1 to Long Term Loan Borrowed by NIKON

Jul. 07, 2022

JCR Assigned AA Rating to Bonds of Chugoku Electric Power

JCR Assigned Preliminary A- Rating to Shelf Registration of Kobe Steel

[ Asset Securitization Products ] JCR Assigned A- to Earls Four Limited Series 1081

Jul. 06, 2022

JCR Affirmed A-/Stable FC Long-term Issuer Rating on CPI Property Group

JCR Affirmed BBB+/Stable on Cantor Fitzgerald (FC/LC), BGC Partners (FC/LC) and NEWMARK GROUP(FC)

JCR Assigned AA+ Rating to Bonds of Electric Power Development

JCR Assigned AA- Rating to Bonds of Kyushu Electric Power

JCR Assigned AA Rating to Bonds of NIDEC

JCR Assigned Preliminary A to Shelf Registration of Sumitomo Riko

Jul. 05, 2022

JCR's Rating Review of Money Market Brokers

JCR Affirmed A/Stable Long-term Issuer Rating on OSG

JCR Assigned AA- Rating to Bonds of JERA

JCR Assigned AA Rating to Bonds of Kenedix Office Investment Corporation

JCR Upgraded Ganymede Limited Series 2020-70 to AA-

JCR Upgraded Ganymede Limited Series 2020-76 to AA-

[ Asset Securitization Products ] JCR Upgraded Ganymede Limited Series 2021-2, 2021-111 and 2021-125 to AA-

[ Asset Securitization Products ] JCR Upgraded Ganymede Limited Series 2021-179 to AA-

[ Asset Securitization Products ] JCR Upgraded Jupiter Capital Limited Series 2018-11 to AA-

[ Asset Securitization Products ] JCR Upgraded Sumitomo Mitsui Trust Bank Credit Linked Loan 2018-1 to AA-

Jul. 04, 2022

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

JCR Assigned Preliminary A+ Rating to Bonds (Tier 2 with loss absorption clause) of Mitsubishi UFJ Financial Group

[ Asset Securitization Products ] JCR Upgraded Class B Beneficial Interest of Jupiter Investment Purpose Condominium Loan Backed Beneficial Interests 2013 to A; Affirmed AAA on Class A

[ Asset Securitization Products ] JCR Upgraded Class B Beneficial Interest of Sakura Investment Purpose Condominium Loan Securitization Series 1 to A; Affirmed AAA on Class A

Jul. 01, 2022

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

JCR Affirmed A/Stable and J-1 on PENTA-OCEAN CONSTRUCTION

JCR Affirmed A+/Stable Long-term Issuer Rating on NIPPON REIT Investment Corporation

JCR Affirmed AA-/Stable (FC) and AA/Stable (LC) on China

JCR Assigned AA- Rating to Bonds of SOSiLA Logistics REIT

JCR Assigned Preliminary AA+ Rating to Shelf Registration of NTT DATA

[ Asset Securitization Products ] JCR Affirmed AAA on Grass Park Beneficial Interest Series 2

[ Asset Securitization Products ] JCR Affirmed AAA on Grass Park Beneficial Interest Series 3

[ Asset Securitization Products ] JCR Affirmed AAA on Grass Park Beneficial Interest Series 4

[ Asset Securitization Products ] JCR Upgraded Triangulum Occident to A

JCR Affirmed AA- on Kai Limited Series 25

[ Asset Securitization Products ] JCR Affirmed AA- on Cypher Limited Series 439

[ Asset Securitization Products ] JCR Affirmed A on Cypher Limited Series 486

JCR Affirmed AA- on Sylph Limited Series 60014

JCR Affirmed AA- on Sylph Limited Series 60016

Jun. 30, 2022

Tokyo Infrastructure Energy Investment Corporation to Acquire Properties - Further Growth Strategy, Post-acquisition Asset Management, Etc. to Be Watched

JCR Affirmed A Long-term Issuer Rating on PERSOL HD; Revised Outlook to Positive

JCR Affirmed AA- and J-1+ on JCB; Revised Outlook to Positive

[ Asset Securitization Products ] JCR Assigned BBB- to ABL 22-06

[ Asset Securitization Products ] JCR Upgraded Class B Beneficial Interest of Investment Condominium Loans Trust (220220) to A; Affirmed AAA on Class A

[ Asset Securitization Products ] JCR Upgraded Class B Bonds of Clover 2021, LLC. to AAA; Affirmed AAA on Class A, C Bonds

[ Asset Securitization Products ] JCR Assigned J-1+ to Hokuriku Bank A Corporation Bills & Electronically Recorded Receivables ABL 22-06

JCR Assigned AA- to Securitization of Leases Receivable from SB 202206

JCR Assigned AA- to Securitization of Loans Receivable from SB 202206

JCR Affirmed BBB- on Sumitomo Mitsui Trust ABL11339

JCR Affirmed BB+ on Mitsubishi UFJ Trust ABL630

JCR Assigned Green 1(F) to Green Finance Framework of Star Asia Investment

JCR Assigns Green 1 (F) to the Green Finance Framework of Tokyo Infrastructure Energy Investment

JCR Assigned Green 1 to the Long Term Loan Borrowed by Daiwa Securities Logistics Private Investment

JCR Reviewed Long-term Loan Borrowed by Canadian Solar Infrastructure Fund

JCR Reviewed Long-term Loan Borrowed by Canadian Solar Infrastructure Fund

JCR Reviewed Investment Corporation Bonds of Canadian Solar Infrastructure Fund

JCR Reviewed the Securitized Green Equity Trust 1 Trust Beneficiary Rights of Canadian Solar

JCR Provided a Third Party Opinion on Sustainability Linked Loans conducted by the Chiba Bank and the Bank of Yokohama to RICOH LEASING

JCR Provided a Third Party Opinion on Sustainability Linked Loans conducted by The ChibaBank to HEIWA REAL ESTATE

JCR Provided a Third Party Opinion on Transition Linked Loan Conducted by JOYO BANK to JX Nippon Mining & Metals

JCR Provided a Third Party Opinion to Positive Impact Finance Provided by The Joyo Bank to Morooka

JCR Provided a Third Party Opinion to the Positive Impact Framework of The Joyo Bank

JCR Provided a Third Party Opinion to Positive Impact Finance Provided by MUFG Bank to MINKABU THE INFONOID

JCR Provided a Third Party Opinion to Positive Impact Finance Provided by Shizuoka Bank to KANKYOU NO MIKATA

JCR Provided a Third Party Opinion to Positive Impact Finance Provided by Shizuoka Bank to Softech

JCR Provided a Third Party Opinion to Positive Impact Finance Provided by Shizuoka Bank to Nikkeico