Fund Description: Japan Smaller Capitalization Fund, Inc. is a non-diversified, closed-end management investment company seeking long-term capital appreciation through investments in equity securities traded in the Japanese over-the-counter market. The Fund will, under normal circumstances, invest at least 80% of its total assets in smaller capitalization Japanese equity securities traded in the Japanese OTC market, Second Section of the Tokyo, Osaka and Nagoya Stock Exchanges, JASDAQ, Mothers, NASDAQ Japan, and other Japanese equity securities included in the indices determined by Nomura Asset Management U.S.A. Inc. The fund's investment advisor is NAM-U.S.A., and Nomura Asset Management Co., Ltd (NAM). Contracts allow NAM-U.S.A. to delegate security selection and order placement to NAM.