Problem in showing Japanise Wave dash

Hi All,

I'm facing some problem in displaying a Japanese character, WAVE DASH ($Be`W
(B 
, in Combo box. This Japanese character is being displayed properly as 
normal HTML text but it does not display in Combo box for UTF-8 encoding 
(getting displayed as box).
The character is displayed properly if we change the encoding to Shift-JIS.

Do anybody have some suggestions on solution?
Please refer to the attached JSP file for the code.

Thanks in advance.

Regards,
Sourav