JOF
Japan Smaller Capitalization Fund, Inc.10.63
-0.10-0.93%
Dec 16, 4:00:02 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
301.19MP/E (TTM)
4.41Basic EPS (TTM)
2.41Dividend Yield
0.03%Recent Filings
8-K
Bylaws amended for flexibility
Japan Smaller Capitalization Fund amended its bylaws effective August 26, 2024, easing special meeting calls to 35% of votes cast while empowering the board to postpone or cancel meetings. These tweaks enhance procedural flexibility, mandate detailed disclosures for director nominations, and adopt an exclusive forum for litigation. Changes sharpen governance amid evolving shareholder dynamics.
8-K
Special Committee report filed
Japan Smaller Capitalization Fund disclosed a Special Committee report from its independent directors on February 28, 2023, evaluating fund operations under the committee's September 2022 charter. The board received the full report that day, filed as Exhibit 99(i). Details remain undisclosed in the filing. Investors await insights on potential strategic shifts.
8-K
New fee structure approved
Japan Smaller Capitalization Fund shareholders approved a new Management Agreement with Nomura Asset Management U.S.A. Inc. on December 15, 2022, effective December 31, to implement a tiered fee structure. The Fund will pay 0.90% annually on average weekly net assets up to $250 million, dropping to 0.80% above that threshold. This adjustment trims costs for larger assets. Yet fees remain unchanged for smaller balances.
8-K
Auditor switch to E&Y
Japan Smaller Capitalization Fund, Inc. switched auditors on March 30, 2020, appointing Ernst & Young LLP as its independent registered public accounting firm for the fiscal year ended February 29, 2020. The Audit Committee made the decision without prior consultations on accounting or auditing matters during the two most recent fiscal years. No disagreements or reportable events surfaced. This change ensures seamless financial oversight.
8-K
Auditor resigns over independence issue
Japan Smaller Capitalization Fund, Inc. disclosed on February 27, 2020, that RSM US LLP resigned as its independent auditor after discovering non-attest services by a foreign affiliate for the company's remote brother-sister entities, violating SEC independence rules. No prior audit disagreements or reportable events marred the firm's clean reports for fiscal years 2019 and 2018. The fund now hunts for a replacement, with RSM pledging a smooth handover. Independence breaches like this demand swift fixes.
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