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May 26, 2023 JPXI Error in Selection of Components of Tokyo Stock Exchange REIT Property Sector Index Series and Related Corrections (schedule)

JPX Market Innovation & Research, Inc. (JPXI) has identified the error in a part of the periodic review of Tokyo Stock Exchange REIT Property Sector Index Series constituents conducted in July 2022. The outline of the Issue and our response are as follows.
We sincerely apologize for the inconvenience caused to everyone involved.

1. Outline of the Issue

・A criterion for the periodic review described in "TSE Index Guidebook (Tokyo Stock Exchange REIT Index, Tokyo Stock Exchange REIT Property Sector Index Series, Tokyo Stock Exchange Infrastructure Funds Index)" states that JPXI classify each REIT into one of three property sectors, namely “Office”, “Residential”, and “Retail & Logistics, Others” based on each REIT's securities report.
・In the periodic review for Tokyo Stock Exchange REIT Property Sector Index Series effective in July 2022, there was an error as follows.

Issue Name：Tosei Reit Investment Corporation (3451)

2. Response to the Issue

・In accordance with “TSE Index Data Correction Policy”, JPXI will make the above correction on June 5, 2023 as the adjustment date.