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Japan Smaller Capitalization Fund, Inc. announced a change in the deputy portfolio manager, with Hiroaki Tanaka replacing Makoto Ito. Atsushi Katayama will remain as the lead portfolio manager. Mr. Tanaka brings over 21 years of experience in Japanese small cap and growth equities investing to enhance the team. The Fund's investment objective remains the same, focusing on securities of smaller capitalization companies in Japan for long-term capital appreciation.