JPMorgan Japan Smaller Companies Trust plc announced unaudited earnings results for the six months ended September 30, 2018. For the period, the company reported income from investments was £1,673,000 against £1,484,000 a year ago. Net return on ordinary activities before finance costs and taxation was £7,758,000 against £25,466,000 a year ago. Net return on ordinary activities before taxation was £7,649,000 against £25,388,000 a year ago. Net return on ordinary activities after taxation was £7,482,000 against £25,240,000 a year ago. Return per share was 13.72 pence against 46.07 pence a year ago. Net cash inflow from operating activities was £551,000 against £336,000 a year ago.