SCHEDULE 13G Under the Securities and Exchange Act of 1934 5 (Amendment No.) Japan Smaller Capitalization (Name of Issuer) Common Stock, Par Value $0.00 per share (Title of Class of Securities) 47109U104 (CUSIP Number) 1. NAME OF REPORTING PERSON S.S or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Van Den Berg Management TAX # 953017097 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* A B x 3 SEC USE ONLY4 CITIZENSHIP OR PLACE OF ORGANIZATION USA 5 SOLE VOTING POWER 0 6 SHARED VOTING POWER 758,566 7 SOLE DISPOSITIVE POWER 0 8 SHARED DISPOSITIVE POWER 758,566 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 758,566 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* N/A 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 4.79% 12 TYPE OF REPORTING PERSON* IA Item 1. (a) Name of Issuer Japan Smaller Capitalization (b) Address of Issuer's Principal Executive Offices 180 Maiden Lane New York, New York 10038-4936 Item 2. (a) Name of Person Filing VAN DEN BERG MANAGEMENT IRS# 953017097 (b) Address of Principal Business Office or, if none, Residence 805 Las Cimas Parkway Suite 430 Austin, Texas 78746 (c) Citizenship USA (d) Title of Class of Securities Common Stock, Par Value $.01 per share (e) CUSIP Number 47109U104 Item 3. If this statement is filed pursuant to Rule 13d-l(b), or 13d-2(b), check whether the person filing is a: (a) Broker or Dealer registered under Section 15 of the Act (b) Bank as defined in section 3(a)(6) of the Act (c) Insurance Company as defined in section 3(a)(19) of the act (d) Investment Company registered under section 8 of the Investment Company Act (e) Investment Adviser registered under section 203 of the Investment Advisers Act of 1940 (f) Employee Benefit Plan, Pension Fund which is subject to the provisions of the Employee Retirement Income Security Act of 1974 or Endowment Fund; see 240.13d-l(b)(l)(ii)(F) (g) Parent Holding Company, in accordance with 240.13d-l(b)(ii)(G) (Note: See Item 7) (h) Group, in accordance with 240.13d-l(b)(l)(ii)(H) Item 4. Ownership (a) Amount Beneficially Owned 758,566 (b) Percent of Class 4.79% (c) Number of shares as to which such person has: (i) sole power to vote or to direct the vote 0 (ii) shared power to vote or to direct the vote 758,566 (iii) sole power to dispose or to direct the disposition of 0 (iv) shared power to dispose or to direct the disposition of 758,566 Item 5. Ownership of Five Percent or Less of a Class. X Item 6. Ownership of More than Five Percent on Behalf of Another Person Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company Item 8. Identification and Classification of Members of the Group Item 9. Notice of Dissolution of Group Item 10. Certification After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Date 11/01/05 Signature Jim Brilliant / Vice President Name/Title