Japan Smaller Capitalization Fund, Inc. Reports Earnings Results for the Full Year Ended February 29, 2020
May 07, 2020 at 05:23 pm
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Japan Smaller Capitalization Fund, Inc. announced earnings results for the full year ended February 29, 2020. For the full year, the company announced total revenue was USD 6.553 million. Net loss was USD 16.180 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.