Tokyo Stock Exchange: Change of Frequency Of TOPIX New Index Series Constituent Review

Tokyo Stock Exchange, Inc. (TSE) announced today that TSE will change the frequency at which it reviews TOPIX New Index Series (TOPIX Core 30, TOPIX 100, TOPIX 500, TOPIX 1000, etc.) constituents from an annual basis to a semiannual basis. This change enables index inclusion of newly listing companies in a timely manner and allows the index to reflect actual market movements more accurately, minimizing rebalancing costs.

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