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Credit Ratings/Investment Corporation Bonds

Credit Ratings

As of October 15, 2018

As of the present, the rating for HRR is as follows.

This table can be scrolled sideways.

Rating Agency Subject of Rating Rating Outlook
Japan Credit Rating Agency, Ltd. Long-term issuer rating A- Positive

Investment Corporation Bonds

As of February 28, 2018

This table can be scrolled sideways.

Name Total Issue
Amount (million)
Interest Rate Payment Date Redemption Date Collateral
First Series Unsecured Investment Corporation Bond of Hoshino Resorts REIT(with special pari passu conditions among specified investment corporate bonds) 1,500 0.630% February 28,
2018
February 28,
2025
Unsecured/
Unguaranteed