SOURCE: Nomura Asset Management U.S.A. Inc.

December 21, 2007 10:50 ET

Japan Smaller Capitalization Fund, Inc. Declares $0.0035 Ordinary Income Distribution

NEW YORK, NY--(Marketwire - December 21, 2007) - Japan Smaller Capitalization Fund, Inc. (NYSE: JOF) (the "Fund") announced that it would make an ordinary income distribution of $0.0035 to shareholders of record on December 28, 2007. The ex-dividend date is December 26, 2007.

The distribution is payable on January 15, 2008.

The Fund invests primarily in the securities of smaller capitalization companies in Japan and is designed for investors seeking long-term capital appreciation. The Manager of the Fund is Nomura Asset Management U.S.A. Inc., which is based in New York. Nomura Asset Management U.S.A. Inc. is a subsidiary of Nomura Asset Management Co., Ltd., 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.

Contact Information

  • Contact:
    Neil A. Daniele
    Nomura Asset Management U.S.A. Inc.
    2 World Financial Center
    Building B, 22nd Floor
    New York, NY 10281
    (212) 667-1873