Japan Smaller Capitalization Fund, Inc. (JOF)

CORRECTED AND RESTATED PRESS RELEASE This press release corrects and restates the press release issued on November 21, 2025 to correct the record date and ex-dividend date for the Fund's February 2026 distribution to February 13, 2026 (from February 16, 2026) due to the Presidents Day holiday. The payment date and distribution amount remain unchanged.

Japan Smaller Capitalization Fund offers small-cap Japan exposure but faces higher expense ratios and more domestic, yen-denominated risk than broader index funds. JOF's portfolio includes both domestic and export-oriented businesses, but its foreign market exposure is less than the broader index which can be accessed cheaply. Despite similar ROE and sales growth to category averages, JOF trades at ~30% lower PE and P/B, suggesting a value case exists.

NEW YORK, Nov. 21, 2025 (GLOBE NEWSWIRE) -- Japan Smaller Capitalization Fund, Inc. (the “Fund”) (NYSE: JOF) today declared monthly cash distributions to common shareholders pursuant to its Level Distribution Plan (“LDP”) as follows: Record Date Ex-Dividend Date Payment Date Distribution Amount January 15, 2026 January 15, 2026 January 30, 2026 $0.0887 February 16, 2026 February 16, 2026 February 27, 2026 $0.0887 March 16, 2026 March 16, 2026 March 31, 2026 $0.0887 The LDP is intended to provide shareholders with a constant, though not guaranteed, fixed rate of distribution each month. Distributions will be made primarily in cash but under the Fund's dividend-reinvestment plan, distributions will be made in Fund shares unless a shareholder has elected to receive cash.

Japan Smaller Capitalization Fund offers aggressive exposure to low PBR Japanese small/mid-caps, benefiting from improving capital allocation trends. JOF's recent NAV performance is strong, with 1-year and 3-year returns of 26.33% and 20.6%, respectively, outpacing its benchmark. It's even better when considering closed NAV discounts. The fund's 1.3% expense ratio is high, but you are getting a more difficult fund exposure, particularly in low PBR investments.

NEW YORK, Sept. 12, 2025 (GLOBE NEWSWIRE) -- Japan Smaller Capitalization Fund, Inc. (the “Fund”) (NYSE: JOF) today declared monthly cash distributions to common shareholders pursuant to its Level Distribution Plan (“LDP”) as follows: Record Date Ex-Dividend Date Payment Date Distribution Amount October 15, 2025 October 15, 2025 October 31, 2025 $0.0887 November 14, 2025 November 14, 2025 November 28, 2025 $0.0887 December 15, 2025 December 15, 2025 December 31, 2025 $0.0887 The LDP is intended to provide shareholders with a constant, though not guaranteed, fixed rate of distribution each month.

Japan's economy has been resilient amid export shocks and rising inflation. Growth will be moderate in 2025 and 2026. Japanese small caps stand out in the market based on valuation and financials. JOF is an excellent vehicle to accumulate during dips. However, the current discount is only mildly appealing following the massive 2025 bull run.

NEW YORK, Sept. 03, 2025 (GLOBE NEWSWIRE) -- Japan Smaller Capitalization Fund, Inc. (NYSE: JOF) (the “Fund”) announced that it will hold its annual meeting of shareholders (the “Meeting”) at the offices of Nomura Asset Management U.S.A.

Japan Smaller Capitalization Fund which is a Japanese small-cap oriented CEF, has outperformed the US markets and global markets by 2.5-4x this year. Conditions for Japanese industrials look relatively healthy, although Trump's threat to impose a tariff of 30-35% doesn't bode well. The fund's wide NAV discount (averaging 18.5% over the past 5 years) may narrow, thanks to a new level distribution plan and potential share buybacks, boosting investor appeal.

NEW YORK, June 06, 2025 (GLOBE NEWSWIRE) -- Japan Smaller Capitalization Fund, Inc. (the “Fund”) (NYSE: JOF) today announced that its Board of Directors (the “Board”) has approved two initiatives aimed at addressing the Fund's trading discount. These initiatives include a level distribution plan and a conditional tender offer.

NEW YORK, Dec. 09, 2024 (GLOBE NEWSWIRE) -- Japan Smaller Capitalization Fund, Inc. (NYSE: JOF) (the “Fund”) announced that it would make an ordinary income distribution of $0.3118 per share payable on December 27, 2024 to shareholders of record on December 19, 2024. The ex-dividend date will be December 19, 2024.

NEW YORK, Sept. 09, 2024 (GLOBE NEWSWIRE) -- Japan Smaller Capitalization Fund, Inc. (NYSE: JOF) (the “Fund”) announced that it will hold its annual meeting of shareholders (the “Meeting”) at the offices of Nomura Asset Management U.S.A.

NEW YORK, May 02, 2024 (GLOBE NEWSWIRE) -- Nomura Asset Management U.S.A. Inc. (“NAM-USA”), the manager of Japan Smaller Capitalization Fund, Inc. (NYSE: JOF) (the “Fund”) announces that Hiroaki Tanaka of Nomura Asset Management Co., Ltd.

NEW YORK, Dec. 08, 2023 (GLOBE NEWSWIRE) -- Japan Smaller Capitalization Fund, Inc. (NYSE: JOF) (the “Fund”) announced that it would make an ordinary income distribution of $0.2655 per share payable on December 27, 2023 to shareholders of record on December 19, 2023. The ex-dividend date will be December 18, 2023.

NEW YORK, Sept. 25, 2023 (GLOBE NEWSWIRE) -- Japan Smaller Capitalization Fund, Inc. (NYSE: JOF) (the “Fund”) announced that it will hold its annual meeting of shareholders (the “Meeting”) at the offices of Nomura Asset Management U.S.A.

Warren Buffett, the famed Oracle of Omaha whose monolithic conglomerate Berkshire Hathaway (NYSE: BRK-A , NYSE: BRK-B ) is a favorite of value investors, is betting big on Japan. This has led to the rise of Japan ETF picks.

NEW YORK, Sept. 20, 2021 (GLOBE NEWSWIRE) -- Japan Smaller Capitalization Fund, Inc. (NYSE: JOF) (the “Fund”) announced that it will hold its virtual-only 2021 Annual Meeting of Shareholders (the “Meeting”) on Monday, November 22, 2021, at 10:30 a.m., Eastern Time, to consider the election of its Directors. The Directors nominated for election will serve for a term of one year and until their successors are duly elected and qualified. The record date for determining shareholders entitled to participate in the Meeting is September 27, 2021.