Credit Ratings

As of October 14, 2022

Rating Agency Type of Rating Type of Debt Rating Announced

Japan Credit Rating Agency, Ltd. (JCR)

JCR
Long-term Issuer Rating
(outlook)
A
(Positive)
January 18, 2022
Long-term debt Rating Bonds
No.23, No.25, No.32, No.39, No.40, No.41, No.42, No.43, No.44
A January 18, 2022

Rating and Investment Information, Inc. (R&I)

R&I
Issuer Rating A-
(Positive)
February 9, 2022
Long-term debt Rating Bonds No.23, No.25 A- October 4, 2021
Short-term debt Rating Commercial Paper a-1 October 4, 2021

Moody's

Moody's
Issuer Rating
(outlook)
Ba1
(Stable)
June 20, 2022