Japan Credit Rating Agency (JCR)
Tokyo-based credit rating agency rating Japanese and international issuers, including sovereigns, for bond investors.
At a glance
- Entity level
- Organisation
- Type
- Company (private)
- Also known as
- JCR
- Flagship output
- Sovereign ratings (latest: India upgraded to A- (Sept 2026), 2 September 2026)
- Category
- Sovereign & country risk ratings
- Tier
- Tier 3: Leading Asian rater; sovereign rating actions cited regionally
- Headquarters
- Tokyo, Japan
- Coverage
- Sovereign ratings, Asia and emerging markets
- Public access
- Free
- Latest activity seen
- 2 Sep 2026
- Evidence
- Verified
How it produces intelligence
Ratings committee assigns issuer and sovereign ratings, sometimes unsolicited, based on analyst review of economic, fiscal and financial data.
Risk themes
Focus regions
Links
What it publishes
| Output | Type | Cadence | Latest edition | Date | |
|---|---|---|---|---|---|
| Sovereign ratings | Ratings | Continuous | India upgraded to A- (Sept 2026) | 2 Sep 2026 | Read report |
Latest findings
Recent public risk calls by Japan Credit Rating Agency (JCR), summarised in our own words. They are its views, not 311's. Follow each source for the original.
India's long-term foreign and local currency ratings raised one notch from BBB+ to A-, stable outlook; country ceiling lifted to A (unsolicited rating).
2 Sep 2026 · Horizon: next 12 months · Source: Japan's JCR upgrades India's sovereign credit rating to A- (Swarajya)JCR expects Indian growth above 6% in FY2027, after 7.7% in FY2026, backed by consumption and public investment.
2 Sep 2026 · Horizon: FY2027 · Source: Japan's JCR upgrades India's sovereign credit rating to A- (Swarajya)High general government debt and fiscal deficits remain India's main structural rating constraints.
2 Sep 2026 · Horizon: next 12 months · Source: Japan's JCR upgrades India's sovereign credit rating to A- (Swarajya)
Questions about Japan Credit Rating Agency (JCR)
What is Japan Credit Rating Agency (JCR)?
Tokyo-based credit rating agency rating Japanese and international issuers, including sovereigns, for bond investors.
How does Japan Credit Rating Agency (JCR) produce its intelligence?
Ratings committee assigns issuer and sovereign ratings, sometimes unsolicited, based on analyst review of economic, fiscal and financial data.
Where is Japan Credit Rating Agency (JCR) based?
Japan Credit Rating Agency (JCR) is based in Tokyo, Japan.
What does Japan Credit Rating Agency (JCR) cover?
Its work covers sovereign & credit, macroeconomy, financial stability, with a focus on Global, East Asia, South Asia, Japan.
Profile compiled by the 311 Strategic Intelligence Unit from public sources. Last checked 21 Oct 2026. Listing is not a ranking or an endorsement. Evidence source. Is this your organisation? Request a correction.