About R&I

Corporate History

1975 Mar An in-house unit established by Nihon Keizai Shimbun, Inc. (currently Nikkei Inc.) begins research on bond ratings.
1979 Apr Nihon Keizai Shimbun establishes a private organization named The Japan Bond Research Institute (JBRI).
1982 Jul JBRI publishes the first issue of its newsletter "Country Risk Information".
1985 Apr Nippon Investors Service, Inc. (NIS) is established, funded mainly by banks and research institutes affiliated with securities firms. JBRI becomes a stock company.
1987 Jul The Ministry of Finance designates six companies including JBRI and NIS as rating agencies a bond issuer can use to meet requirements for issuing bonds.
1990 Sep JBRI publishes the first issue of "Newsletter on Pensions & Investment".
1991 Nov JBRI registers as an investment advisory firm and starts investment evaluation service for pension assets.
1994 Apr JBRI and NIS begin providing bond rating databases.
1995 Feb NIS announces its first CLO rating.
1996 Sep JBRI announces its first ABS rating.
1998 Apr JBRI and NIS merge to establish Japan Rating and Investment Information, Inc. (R&I).
R&I begins advisory services for investment trust and fund marketing to financial institutions.
2000 Apr R&I forms an alliance with South Korea-based National Information & Credit Evaluation Inc.
Aug R&I is renamed Rating and Investment Information, Inc. (R&I).
2001 Apr R&I launches "R&I Credit Express", a fee-based Internet information service.
May R&I launches "Web Newsletter on Pensions & Investment", a fee-based Internet information service.
2002 Jan R&I launches a rating service "Fund Credit Ratings".
2003 Feb R&I begins rating school corporations.
2004 Jan R&I begins rating J-REITs.
Nov R&I begins rating syndicated loans.
2006 Jun The Hong Kong Monetary Authority recognizes R&I as an External Credit Assessment Institution (ECAI) under Basel II.
Oct R&I launches a rating service "R&I SME Rating".
2007 Mar R&I establishes "R&I Fund Award" to honor funds designed for pension funds and investment trusts.
The Financial Services Agency of Japan (FSA) recognizes R&I as an ECAI under Basel II.
Apr R&I publishes the first issue of "Newsletter on Funds & Money", which focuses on asset management business and investment products.
Sep R&I registers as an investment advisory firm following the enforcement of the Financial Instruments and Exchange Act.
2008 Jun Bank Negara Malaysia (Central Bank of Malaysia) recognizes R&I as an ECAI under Basel II.
2010 Sep R&I registers with the FSA as a Credit Rating Agency.
2014 Apr R&I announces its first project finance rating for a solar power project.
Nov R&I signs a mutual collaboration agreement with Malaysia-based RAM Rating Services Berhad.
2016 Sep R&I Green Bond Assessment is assigned to the first Green bonds issued by a Japanese corporate.
2017 Dec R&I signs PRI "Statement on ESG in Credit Ratings" as part of its efforts to enhance credit risk analysis to encourage ESG investment.
R&I announces a new service "Customer-Oriented Investment Trust Sales Company Evaluation".
2018 Jan R&I establishes a specialized "ESG Department".
Jun R&I becomes a Registered Issuance Supporter in the MOE's "Financial Support Programme for Green Bond Issuance".
Sep R&I launches a second opinion service in conjunction with R&I Green Bond Assessment.
Dec R&I announces results of the first round of its "Customer-Oriented Investment Trust Sales Company Evaluation" for 16 companies.
2019 Jan R&I expresses its support for the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD).
Feb R&I launches a second opinion service for sustainability bonds.
Apr R&I begins providing R&I Social Bond Opinions.