<DOCUMENT>
<TYPE>EX-99.77B ACCT LTTR
<SEQUENCE>4
<FILENAME>jeq17f2mgntrpt93010.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 September 30, 2010, and from July 31, 2010 through
September 30, 2010.

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
September 30, 2010, and from July 31, 2010 through September
30, 2010, 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, 2010

Date


</TEXT>
</DOCUMENT>
