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NEW YORK, April 17, 2026 (GLOBE NEWSWIRE) -- Japan Smaller Capitalization Fund, Inc. (the “Fund”) (NYSE: JOF) today announced that its Board of Directors (the “Board”) has approved a cash tender offer to purchase up to 10% of the Fund's outstanding shares. This tender offer is being conducted pursuant to the Fund's previously announced Conditional Tender Offer (the "CTO”).

NEW YORK, March 10, 2026 (GLOBE NEWSWIRE) -- Japan Smaller Capitalization Fund, Inc. (the “Fund”) (NYSE: JOF) today declared monthly cash distributions to common shareholders pursuant to its Level Distribution Plan (“LDP”) as follows: Record Date Ex-Dividend Date Payment Date Distribution Amount April 15, 2026 April 15, 2026 April 30, 2026 $0.0887 May 15, 2026 May 15, 2026 May 29, 2026 $0.0887 June 15, 2026 June 15,…

CORRECTED AND RESTATED PRESS RELEASE This press release corrects and restates the press release issued on November 21, 2025 to correct the record date and ex-dividend date for the Fund's February 2026 distribution to February 13, 2026 (from February 16, 2026) due to the Presidents Day holiday. The payment date and distribution amount remain unchanged.