Japan Smaller Capitalization Fund, Inc. (JOF) set its annual shareholder meeting for November 13, 2025, 10:30 a.m. Eastern, at Nomura Asset Management U.S.A., New York. Shareholders will vote on the election of six Directors, and the Board recommends voting FOR all nominees.
The record date is September 26, 2025; shareholders are entitled to one vote per share. 28,333,893 shares of common stock were outstanding as of the record date. Shareholders may vote in person, by Internet, by telephone, or by returning a proxy card. Under NYSE rules for investment companies, director elections are considered “routine,” permitting brokers to exercise discretion if no instructions are received.
The Audit Committee recommended inclusion of audited financials for the year ended February 28, 2025; E&Y billed $110,865 in audit fees and $30,935 in tax fees. Notable beneficial owners include Allspring 18.5%, 1607 Capital 15%, Lazard 8.12%, and Saba 7.44%. Independent Director fees for fiscal 2025 totaled $232,336.
David B. Chemidlin, a director of Japan Smaller Capitalization Fund Inc. (JOF), reported a purchase of 2,000 common shares on 09/17/2025 at a price of $10.8965 per share. After the transaction he beneficially owns 2,432 shares in total; that total includes 302 shares acquired under the issuer's Dividend Reinvestment Plan, which were exempt from Section 16 reporting under Rule 16a-11. The Form 4 was signed by Mr. Chemidlin on 09/19/2025 and filed to disclose this change in beneficial ownership.
1607 Capital Partners, LLC reports beneficial ownership of 4,248,790 shares of Japan Smaller Capitalization Fund, Inc. common stock (CUSIP 47109U104), representing 15% of the class. The filer states it has sole voting and sole dispositive power over these shares and certifies the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer. The filing identifies the issuer's principal executive offices and provides the filer’s registered address and Delaware organization status.