Sumitomo Real Estate Sales to be delisted from JPX-Nikkei Index 400
Replacement issue will be selected in August
TOKYO -- Nikkei Inc., Japan Exchange Group (JPX) and the Tokyo Stock Exchange announced on Thursday that Sumitomo Real Estate Sales will be removed from the JPX-Nikkei Index 400 on May 17, in line with the TSE's decision the same day to delist the real estate broker.
As there will be no immediate replacement, the index will temporarily consist of fewer than 400 companies. A new issue will be appointed in August, when the index performs a periodic review.