Japan Smaller Capitalization Fund : 03/31/2023Change of Lead Portfolio Manager
March 31, 2023 at 09:17 pm
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For Immediate Release
Contact: Maria Premole
1-800-833-0018
JOFInvestorRelations@nomura-asset.com
Japan Smaller Capitalization Fund, Inc. Announces
Change to Lead Portfolio Manager
NEW YORK, March 31, 2023: Nomura Asset Management U.S.A. Inc. (NAM-
USA), the manager of Japan Smaller Capitalization Fund, Inc. (NYSE: JOF) (the "Fund") announced today that Atsushi Katayama of Nomura Asset Management Co., Ltd. ("NAM-Tokyo") will replace Hiromitsu Daimon as the Fund's lead portfolio manager effective April 1, 2023. Makoto Ito of NAM-Tokyo will continue to serve as a portfolio manager for the Fund.
Mr. Katayama is a portfolio manager at NAM-Tokyo rejoining the firm in 2021.
He has over 15 years of investment management experience, including five years previously with NAM-Tokyo. Mr. Ito joined NAM-Tokyo in 2006 and has been a portfolio manager since 2008. The investment objective of the Fund is not changing as a result of the change.
The Fund invests primarily in the securities of smaller capitalization companies in
Japan and is designed for investors seeking long-term capital appreciation. NAM-USA is based in New York and is a subsidiary of NAM-Tokyo, which is one of the largest investment advisory companies in Japan in terms of assets under management and
which serves as the investment adviser to the Fund.
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Japan Smaller Capitalization Fund Inc. published this content on 31 March 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 31 March 2023 20:16:01 UTC.
Japan Smaller Capitalization Fund, Inc. (the Fund) is a closed-end management investment company. The Fundâs investment objective is to seek long-term capital appreciation through investments primarily in smaller capitalization Japanese equity securities. The Fundâs investment policy is to invest, under normal market conditions, at least 80% of its total assets in smaller capitalization Japanese equity securities traded on the Tokyo, Nagoya, Fukuoka and Sapporo Stock Exchanges and included or traded on other indices or markets, as applicable, determined by the investment adviser to be appropriate indices or markets, for smaller capitalization companies in Japan. The Fund invests in various sectors, which include retail trade, chemicals, banks, wholesale trade, iron and steel, information and communication, transportation equipment, glass and ceramics products, pharmaceutical, metal products and others. The Fund's investment advisor is Nomura Asset Management Co., Ltd.
JAPAN SMALLER CAPITALIZATION FUND, INC. 
