Tokyo, May 29, 2015 -- Moody's Japan K.K. upgraded the ratings on the preferred securities issued by the overseas special purpose companies of three banking groups. This concludes the reviews that were initiated on 18 March 2015 (see press release at http://www.moodys.com/viewresearchdoc.aspx?docid=PR_320727 following the publication of Moody's new bank rating methodology). (Moody's has not concluded its reviews on two Japanese regional banks -- Daishi Bank, Ltd. and San-In Godo Bank, Ltd. Moody's expects to conclude the reviews on these in the first half of 2015.)

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