Japan Smaller Capitalization Fund, Inc. Announces Change to Lead Portfolio Manager

Article Stock Quotes (1)

FREE Breaking News Alerts from StreetInsider.com!

StreetInsider.com Top Tickers, 8/22/2026

1. WMT
2. ROST
3. AAP
4. NVDA
5. SPY

6. AVGO
7. SPCX
8. BJ
9. BABA
10. DE

Get Alerts JOF Hot Sheet

Price: $12.42 +2.05%

Join SI Premium – FREE

NEW YORK, March 31, 2023 (GLOBE NEWSWIRE) -- 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.

Contact: Maria Premole1-800-833-0018[email protected]