Why do [Nissay Foreign Stock Index Fund](https://www.nam.co.jp/fundinfo/ngkif/main.html) and [Tawara no-load developed country stocks](https://www.am-one.co.jp/fund/summary/313125/index.html) track the [MSCI Kokusai Index](https://www.msci.com/documents/10199/75637607-5053-4a11-bc59-30a604cab1fa)? What’s the reason for them choosing to exclude Japan?
by tirafesi