Credit Ratings

Issuer Mitsubishi HC Capital Inc. (Security Code:8593)

as of October 31, 2025

Rating Agency	Long-term	Short-term
S&P	[Long-term Issuer Rating] Rating:A- [Euro Medium Term Note Programme] Programme Size:U.S.$ 12.5 billion Rating:A-	[Short-term Issuer Rating] Rating:A-2
Moody's	[Long-term Issuer Rating] Rating:A3
Fitch	[Long-Term Issuer Default] Rating:A-	[Short-Term Issuer Default] Rating:F1
Japan Credit Rating Agency, Ltd. (JCR)	[Long-term Issuer Rating] Rating:AA [Euro Medium Term Note Programme] Programme size: U.S.$ 12.5 billion Rating:AA	[Commercial Paper] Maximum:¥1,300 billion Rating:J-1+
Rating and Investment Information, Inc. (R&I)	[Long-term Issuer Rating] Rating:AA	[Commercial Paper] Maximum:¥1,300 billion Rating:a-1+

* For ratings details, please refer to their respective website.

• S&P
• Moody's
• Fitch
• Japan Credit Rating Agency, Ltd. (JCR)
• Rating and Investment Information, Inc. (R&I)