News Release

Jul. 31, 2020

JCR Assigned Green 1(Final Evaluation) to 1st Unsecured Bond issued by GPSS Holdings

JCR Reviewed Bonds Issued by Meidensha

JCR Assigned AAA/Stable Long-term Issuer Rating to National University Corporation, the University of Tokyo

JCR Upgraded Canadian Solar Infrastructure Fund from A- to A/Stable

JCR Assigned A Rating to Bonds of One REIT

JCR Affirmed BB+/Stable Long-term Issuer Rating on YAMADA SERVICER SYNTHETIC OFFICE

JCR Affirmed S3 Special Servicer Rating on YAMADA SERVICER SYNTHETIC OFFICE

JCR Assigned J-1 Rating to Specified Money Trust ABL Program 20-07

[ Asset Securitization Products ] JCR Assigned AAA, A and A- to Beneficial Interest 202007 (Contract No. 210252)

[ Asset Securitization Products ] JCR Assigned BB+ and Preliminary BB+ to Beneficial Interest 20-07

[ Asset Securitization Products ] JCR Assigned J-1+ to Teral Bills & Electronically Recorded Receivable ABL 20-07

JCR Withdraws A-/Stable Long-term Issuer Rating on NORITAKE

Jul. 30, 2020

Banco Santander Incurs Large Impairments - No Direct Impact On Rating But JCR Will Monitor Future Development of Earnings Capacity

JCR Assigned Green 1(F) to Green Finance Framework of Dream Energy

JCR Assigned Preliminary A to Shelf Registration of KUREHA; Affirmed A/Stable, A and J-1

JCR Assigned Preliminary A+ Rating to Shelf Registration of Keikyu

JCR Affirmed BBB+/Stable Long-term Issuer Rating on Japan Medical Alliance

[ Asset Securitization Products ] JCR Assigned J-1 to BANK OF FUKUOKA C Corporation Bills & Electronically Recorded Receivable ABL 20-07

[ Asset Securitization Products ] JCR Assigned J-1 to Aso Shoji Bills Receivable ABL 20-07

Jul. 29, 2020

JCR Assigned AAA Rating to Bonds of West Nippon Expressway

JCR Affirmed BBB+/A- (FC/LC) Ratings on Perusahaan Perseroan (Persero) PT Perusahaan Listrik Negara with Stable Outlook

JCR Assigned A+ Rating on Spica Limited Series 2007-S03

Jul. 28, 2020

JCR Affirmed A+/Stable and A+ on Nishi-Nippon Railroad

JCR Affirmed BBB/Stable Long-term Issuer Rating on TOYO KANETSU

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

[ Asset Securitization Products ] JCR Assigned J-1 to Medical Treatment Fees Recievable ABL 20-07 (D Hospital)

Jul. 27, 2020

Ratings on Custody Bank of Japan

Jul. 22, 2020

JCR Assigned A Rating to Subordinated Bonds of Tokyo Century

JCR Assigned A Rating to Bonds of AEON Financial Service

JCR Assigned Preliminary A+ and A- Rating to Shelf Registration of Sumitomo Mitsui Trust Holdings

JCR Assigned Preliminary A+ Rating to Shelf Registration of Daiwa Securities Group

JCR Assigned AAA Rating to Bonds of Central Nippon Expressway

JCR Assigned AA- Rating to Bonds of Comforia Residential REIT

JCR Affirmed BBB+/Stable Long-term Issuer Rating on FUJIKURA KASEI

JCR Affirmed A+/Stable Long-term Issuer Rating on Kansai Mirai Financial Group
JCR Affirmed A+/Stable and J-1+ on Kansai Mirai Bank
JCR Affirmed A+/Stable and A on MINATO BANK

JCR Affirmed A-/A (FC/LC) Ratings on Thailand with Stable Outlook

JCR Affirmed A-/Stable and A- Rating on Starts Proceed Investment Corporation

[ Asset Securitization Products ] JCR Assigned Preliminary J-1 to Aso Shoji Bills Receivable ABL 20-07

Jul. 21, 2020

Series 2020-1043

Daicel's Making Polyplastics a Wholly-Owned Subsidiary - Financials will Worsen; JCR Will Pay Attention to Growth Strategy and Initiatives to Improve Financials

JCR Assigned Green 1 (Preliminary Evaluation) to the 1st Bonds issued by Renova

JCR Assigned Green 1(F) to Green Bonds Framework of Renova

JCR Assigned AA- Rating to Bonds of SoftBank

JCR Affirmed AA-/Stable, AA-, A and J-1+ on Suntory Holdings

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

JCR Affirmed A/Stable Long-term Issuer Rating on KATO SANGYO

Jul. 20, 2020

JCR's Rating Review of Electric Power Companies

JCR Affirmed A+/Stable, A+, A- and Preliminary A+ on MORI BUILDING

JCR Affirmed AA/Stable, AA and Preliminary AA on DAIKIN INDUSTRIES

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

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

[ Asset Securitization Products ] JCR Assigned J-3 to Narasaki Stax Accounts Receivable ABL 20-07

Jul. 17, 2020

JCR Assigned Green 1(F) to Green Finance Framework of Daiwa Office Investment Corporation

JCR Assigned A+ Rating to Bonds of Yokohama Rubber

JCR Affirmed BBB/Stable, BBB and J-2 on Daiei Real Estate & Development

JCR Affirmed AAp/Stable Long-term Issuer Rating on Hitachi

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

[ Asset Securitization Products ] JCR Assigned Preliminary AAA, Preliminary A and Preliminary A- to Beneficial Interest 202007 (Contract No. 210252)

[ Asset Securitization Products ] JCR Assigned J-1 to Medical Treatment Fees Receivable ABL 20-07 (F Hospital)

Jul. 16, 2020

JCR Assigned A/Stable Long-term Issuer Rating to Anicom Holdings
JCR Assigned A/Stable Long-term Issuer Rating to Anicom Insurance

[ Asset Securitization Products ] JCR Assigned Preliminary J-1 to BANK OF FUKUOKA C Corporation Bills & Electronically Recorded Receivable ABL 20-07

Jul. 15, 2020

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

JCR Affirmed A-/Stable and J-1 on SINANEN HOLDINGS

JCR Affirmed A-/Stable, A-, Preliminary A- and J-1 on Central Glass

JCR Affirmed A-/Stable and A- on HOKUTO

Jul. 14, 2020

19-07

JCR Assigned AAA Rating to Bonds of Development Bank of Japan

Jul. 13, 2020

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

JCR Affirmed AA-p/AAp (FC/LC) Ratings on the Korea Development Bank with Stable Outlook

JCR Affirmed AA- on Beneficial Interest of SB Loans Receivable 17-12 and SB Loans Receivable 18-12

Jul. 10, 2020

JCR Assigned Social 1 (Final Evaluation) to the 24th and the 25th Bonds Issued by Orient Corporation

JCR Assigned A- Rating to Bonds of Orient Corporation

JCR Assigned BBB+ Rating to Long-term Issuer Rating (LC) and Bonds of BGC Partners

JCR Assigned A+ Rating to Bonds of JGC HOLDINGS

JCR Assigned A Rating to Bonds of KONAMI HOLDINGS

JCR Assigned AA- Rating to Bonds of Hankyu Hanshin Holdings

JCR Assigned AA- Rating to Bonds of Odakyu Electric Railway

JCR Assigned AA- Rating to Bonds of ENEOS Holdings

JCR Assigned A- Rating to Bonds of DyDo GROUP HOLDINGS

JCR Assigned A+ Rating to Bonds of LIXIL Group

JCR Assigned Preliminary A+ Rating to Shelf Registration of NICHIREI

JCR Assigned A- Rating to Bonds of Tokyo Tatemono

JCR Assigned A Rating to Bonds of TEPCO Power Grid

JCR Assigned AA- Rating to Bonds of SAIBU GAS

JCR Assigned A Rating to Bonds of DIC

JCR Assigned AAA Rating to Bonds of Development Bank of Japan

JCR Assigned AAA Rating to Bonds of East Nippon Expressway

JCR's Rating Review of Money Market Brokers

JCR Affirmed BBB/Stable Long-term Issuer Rating on ISHIHARA SANGYO

Jul. 09, 2020

ITOCHU's Tender Offer for Shares in FamilyMart - No Immediate Impact on Rating; JCR Will Pay Attention to the Investment Effects

JCR Placed Rating on FamilyMart under Credit Monitor #A+/Positive and #J-1/Positive

JCR Reviewed Bonds Issued by JACCS

JCR Assigned Preliminary AA- Rating to Shelf Registration of Odakyu Electric Railway

JCR Affirmed AA-/Stable, AA-, Preliminary AA- and J-1+ on SoftBank

JCR Affirmed A+/Stable, A+, Preliminary A+ and J-1 on Yokohama Rubber

JCR Affirmed A/Stable and A on Healthcare & Medical Investment Corporation

Jul. 08, 2020

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

JCR Assigned AA- Rating to Bonds of JFE Holdings