<DOCUMENT>
<TYPE>EX-99.77B ACCT LTTR
<SEQUENCE>4
<FILENAME>jeqmgnt103109.txt
<DESCRIPTION>MANAGEMENT STMT.
<TEXT>




Management Statement Regarding Compliance with Certain
Provisions of the Investment Company Act of 1940

We, as members of management of The Japan Equity Fund, Inc. (the
Fund), are responsible for complying with the requirements of
subsections (b) and (c) of Rule 17f-2, Custody of Investments by
Registered Management Investment Companies, of the Investment
Company Act of 1940.  We are also responsible for establishing and
maintaining effective internal controls over compliance with those
requirements.  We have performed an evaluation of the Fund's
compliance with the requirements of subsections (b) and (c) of
Rule 17f-2 as of October 31, 2009, and from July 31, 2009 through
October 31, 2009.

Based on this evaluation, we assert that the Fund was in
compliance with the requirements of subsections (b) and (c) of
Rule 17f-2 of the Investment Company Act of 1940 as of October 31,
2009, and from July 31, 2009 through October 31, 2009, with
respect to securities reflected in the investment account of the
Fund.


The Japan Equity Fund, Inc.


By:



John J. O'Keefe


Vice President and Treasurer

Title

December 23, 2009

Date


</TEXT>
</DOCUMENT>
