Terms & Conditions

The Association for Real Estate Securitization (ARES) takes all reasonable measures to ensure the accuracy of the underlying data and text, so that the information available on the website is believed to be accurate. However, ARES assumes no responsibility for accuracy, completeness, or fairness of the information, or consequences arising in connection with the use of any of the information available on the site.

Without notice, the figures and related information of AJPI and AJFI could be altered as appropriate, and their calculation methods could be changed in the future. Furthermore, the calculation and information services could be discontinued or ceased. ARES has no responsibility or liability for damages arising from updating, adding, altering, erasing, partially revising, and discontinuing or ceasing AJPI, AJFI and related information.

All information on this website is for information purposes only and is not to be an offer, solicitation, or recommendation with respect to the purchase or sale of any investment products or a recommendation of the services supplied by any money management organization. Past performance is no guarantee of future results.

AJPI, AJFI and related elements including text, figures, and illustrations of the website, ("the AJPI") are subject to copyright of ARES. The AJPI may be used with no charge for self use only. The AJPI should not be copied, reproduced, or distributed to third parties for commercial purposes without prior consent of ARES. In such cases, please contact the Research Division of ARES (sawada@ares.or.jp) to request permissions. The AJPI services are currently provided for free of charge, but ARES does not guarantee the continuation of the current condition.