Company Name	Japan Credit Rating Agency, Ltd.
Date of Establishment	April 1, 1985
Location of Office	Jiji Press Building, 5-15-8 Ginza, Chuo-ku, Tokyo, Japan 104-0061
Paid-in Capital	JPY 584 million
Representative	Shokichi Takagi, President
Business Operation	Credit Rating Business Ancillary Business Customers’ Financial Strength Assessment Service SME Rating Provision of Credit Risk Estimation Model Evaluation of Financial Strength for Municipal Governments over Financial Institutions Private Rating and Private Credit Assessments Credit Assessment by Scenarios Servicer Rating Provision of General Information and Knowledge about Credit Rating Provision of Credit Rating Information and Other Information to Subscribers Sustainable Finance Evaluation Fund Portfolio Rating

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• Organizational Structure

￭ History

April 1985	Establishment of the Company
July 1986	Launch of fee-based rating for Yen-denominated foreign bonds
July 1987	Launch of fee-based rating for domestic bonds
December 1988	Launch of fee-based rating for commercial paper
May 1997	The first publication of rating for ability to pay insurance claims in Japan
September 2004	Launch of rating for loan
March 2006	Recognized as an eligible ECAI under BIS regulations in Japan
June 2007	Recognized as an eligible ECAI under BIS regulations in France
August 2007	Recognized as an eligible ECAI under BIS regulations in Belgium
September 2007	Registered as an NRSRO with the U.S. SEC (JCR withdrew the registration with respect to Asset-Backed Securities in December 2010)
April 2008	Recognized as an eligible ECAI under BIS regulations in Luxembourg
June 2008	Recognized as an eligible ECAI under BIS regulations in Germany
September 2010	Registered as a Credit Rating Agency with Financial Services Agency (Japan)
January 2011	Granted Certification for a Credit Rating Agency under EU Regulations on Credit Rating Agencies
November 2011	Recognized as an eligible ECAI under BIS regulations in Hong Kong
January 2015	Recognized as a Credit Rating Agency for Non-bank Corporate External Debt Regulation, in Indonesia
October 2015	Certified as an Approved Credit Rating Agency established under a foreign law, in Thailand
November 2016	JCR's ECAI status across the entire EU took effect
September 2017	JCR signed the initiative on ESG in Credit Ratings by UNPRI
August 2019	JCR has become an Approved Verifier for Climate Bonds Certification
January 2021	Granted Certification for a Credit Rating Agency under the UK Regulations on Credit Rating Agencies
August 2021	Launch of Fund Portfolio Rating
October 2021	Launch of publishing "ESG Credit Outlook" (in Japanese)