Japan Smaller Capitalization Fund, Inc. Reports Earnings Results for the Half Year Ended August 31, 2019
October 31, 2019 at 01:15 am IST
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Japan Smaller Capitalization Fund, Inc. announced earnings results for the half year ended August 31, 2019. For the half year, the company announced total revenue was USD 3.376 million. Net loss was USD 13.600 million.
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. 