Japan Smaller Capitalization Fund, Inc. Declares $0.5515 Ordinary Income Distribution, $0.0878 Short-Term Capital Gains Distribution, and $1.2372 Long-Term Capital Gains Distribution

NEW YORK, Dec. 06, 2017 — Japan Smaller Capitalization Fund, Inc. (NYSE:JOF) (the “Fund”) announced that it would make an ordinary income distribution of $0.5515 per share, a short-term capital gains distribution of $0.0878 per share, and a long-term capital gains distribution of $1.2372 per share, payable on December 21, 2017 to shareholders of record on December 15, 2017. The ex-dividend date will be December 14, 2017.
The amounts and sources of distributions reported in this press release are only estimates and are not being provided for tax reporting purposes. The actual amounts and sources of the amounts for tax reporting purposes will depend upon the Fund's investment experience during the entirety of its fiscal year and may be subject to changes based on tax regulations. The Fund intends to send a Form 1099-DIV for the calendar year concerning the tax treatment of the dividend distributions that were paid to shareholders of record during the year ending December 31, 2017.About the FundThe Fund primarily invests in the securities of smaller capitalization companies in Japan and is designed for investors seeking long-term capital appreciation.  Nomura Asset Management U.S.A. Inc. (“NAM USA”) acts as the Manager of the Fund pursuant to a management agreement.  Pursuant to such management agreement, NAM USA has retained its parent company, Nomura Asset Management Co., Ltd., to act as investment adviser to the Fund.Forward Looking StatementsCertain information discussed in this press release may constitute forward-looking statements within the meaning of the United States federal securities laws.  Although the Fund and NAM USA believe that the expectations reflected in such forward-looking statements are based on reasonable assumptions, the Fund and NAM USA can give no assurance that its expectations will be achieved.  Forward-looking information is subject to certain risks, trends and uncertainties that could cause actual results to differ materially from those projected.Past performance is not indicative of future results.  There is a risk of loss.Contact:       Maria Premole
Nomura Asset Management U.S.A. Inc.                      
Worldwide Plaza
309 West 49th Street
New York, NY 10019-7316
(800) 833-0018

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About the Author: Carrie Brunner

Carrie Brunner grew up in a small town in northern New Brunswick. She studied chemistry in college, graduated, and married her husband one month later. They were then blessed with two baby boys within the first four years of marriage. Having babies gave their family a desire to return to the old paths – to nourish their family with traditional, homegrown foods; rid their home of toxic chemicals and petroleum products; and give their boys a chance to know a simple, sustainable way of life. They are currently building a homestead from scratch on two little acres in central Texas. There’s a lot to be done to become somewhat self-sufficient, but they are debt-free and get to spend their days living this simple, good life together with their five young children. Carrie writes mostly on provincial stories.
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