Japan Tobacco
A woman passes before a logo of Japanese cigarette maker Japan Tabacco (JT) at the company's headquarters in Tokyo on March 15, 2013. Japan Tobacco (JT) said that Tokyo's partial sale of its stake in the former monopoly would raise about 7.8 billion USD as the government looks to finance huge disaster reconstruction.
Connections
Quotes
This welcome judgment highlights that yet more of Japan Tobacco's claims are misleading. The tobacco industry has focused its opposition to plain, standardised packs on a claim the illicit trade would increase. Independent experts have repeatedly said these claims do not make sense. Now an independent regulator has told JTI that its communications could not be substantiated.
It is world-standard office space in a new building in a good location near the center ... We have a long-term strategy here [in Russia] and we need good, permanent office space. This just seemed the right place to be.
The shares may be relatively cheap, but as Imperial runs out of alternatives, we see a take-out as the main avenue for outperformance ... Japan Tobacco is the pivotal player in such a scenario, but we remain unconvinced that a bid is imminent.More quotes »
Around the web
-
Is Sony un-Japanese enough to entertain change?
TOKYO: Few foreign activist investors have made much headway in forcing change in Japan, where a conservative corporate culture favours long-standing ties with banks, business partners and workers rather than shareholders seeking value. Struggling electr from Economic Times Read more »
-
A Quick Look At Philip Morris' Finances
Philip Morris International (NYSE: PM) is the tobacco company. Spun off from Altria in 2008 the company has become the 'go to' tobacco company for investors that want exposure to the international tobacco market and the solid cash flows and shareholder r from Seeking Alpha Read more »
-
DJ: Japan Tobacco Sees Record Profits This FY On Overseas Sales, Weaker Yen
TOKYO--Japan Tobacco Inc. (2914) said Thursday it expects to chalk up record profits for the current business year ending March 2014, aided by solid performance of overseas business and the yen's weakness. read full article... This article is available t from Nikkei News Read more »
-
Japan Tobacco Quarterly Profit Falls
By Hiroyuki Kachi TOKYO—Japan Tobacco Inc. Thursday reported a 10% decline in net profit for the quarter ended March, due to a higher tax burden. The world's third-largest tobacco company by sales volume after Philip Morris International Inc. and British from Wall Street Journal Read more »
-
UK advertising watchdog bans more JTI ads attacking plain packaging
The Advertising Standards Authority (ASA) has found that Camel maker Gallaher's claims about 'booming' black market and amount of unpaid duty were misleading. In a compliant lodged with the advertising watchdog, Cancer Research UK said Gallaher, which ma from Domain-b Read more »
