|Bid||22.70 x 14400|
|Ask||23.54 x 13700|
|Day's range||22.95 - 22.95|
|52-week range||22.43 - 34.05|
|PE ratio (TTM)||11.14|
|Forward dividend & yield||1.09 (4.63%)|
|1y target est||N/A|
Japan Tobacco (2914.T) has agreed to buy Russia's Donskoy Tabak for about 90 billion roubles (1.12 billion pounds) to strengthen its leading position in the world's third-largest tobacco market. Japan Tobacco, the third-biggest international cigarette maker, has been on the hunt for overseas deals to offset shrinking sales at home. Japan Tobacco and its peers -- Philip Morris International (PM.N), British American Tobacco (BATS.L) and Imperial Brands (IMB.L) -- are grappling with slowing sales as more people give up smoking.
Japan Tobacco has agreed to buy Russia's Donskoy Tabak for about 90 billion roubles to strengthen its leading position in the world's third-largest tobacco market. Japan Tobacco, the third-biggest international ...
Japan Tobacco Inc. agreed to buy Russia’s Donskoy Tabak for 90 billion rubles ($1.6 billion), strengthening its leading position in the country as competition from cigarette alternatives erodes its domestic ...
Four tobacco companies operating in France manipulated tests to conceal the real level of nicotine and tar contained in cigarettes, endangering the lives of smokers, a French anti-smoking organisation alleged in a legal complaint. The allegations by the National Committee Against Smoking (CNCT) target the French branches of Philip Morris, British American Tobacco (Kuala Lumpur: 4162.KL - news) , Japan Tobacco (Other OTC: JAPAF - news) and Imperial Brands Plc (LSE: IMB.L - news) .
Japan Tobacco Inc (2914.T) said on Tuesday it plans to launch a new "heat-not-burn" (HNB) product in Japan as early as the end of this year, as it tries to catch Philip Morris International (PM.N) in a growing cigarette-alternative category. Japan Tobacco is under pressure to keep its dominance in the domestic market where its sales of conventional cigarettes fell to the lowest since the former state monopoly was reorganised to the current company in 1985. Japan Tobacco is still one-third government-owned.
Japan Tobacco Inc (2914.T), which is on the hunt for overseas acquisitions to offset a shrinking home market, is working on several possible deals as it targets growth in Asian and other emerging markets, its new chief executive said on Wednesday. Masamichi Terabatake told Reuters he saw the potential for deals in South America, Africa and the Middle East, in addition to Asia, where his company is already active, having spent about $2 billion last year on tobacco businesses in the Philippines and Indonesia. "We have a long list and a short list (of potential targets), there are various deals in the works," Terabatake, who became CEO of the world's fourth-largest tobacco company on Jan. 1, said in an interview.
Japan Tobacco Inc.’s new chief executive favors pursuing deals in Southeast Asia and markets where it lacks a presence rather than a more complex deal, signaling a much-speculated tie-up with Imperial ...
TOKYO/LONDON (Reuters) - Japan Tobacco Inc (2914.T) sparked takeover speculation on Tuesday by naming a new chief executive who wants the world's third-largest international tobacco maker to do more overseas acquisitions to offset falling cigarette sales at home. Shares in British tobacco company Imperial Brands (IMB.L), long seen as a likely target, rose as much as 4 percent after Masamichi Terabatake, the CEO-designate, told reporters: "If there are good deals, we would like to actively pursue them". Two big issues facing Japan Tobacco are a geographic footprint too concentrated in low-growth markets Japan and Europe and competitive weakness in vaping.
TOKYO/LONDON, Nov 21 (Reuters) - Japan Tobacco Inc (Other OTC: JAPAF - news) sparked takeover speculation on Tuesday by naming a new chief executive who wants the world's third-largest international tobacco maker to do more overseas acquisitions to offset falling cigarette sales at home. Shares (Berlin: DI6.BE - news) in British tobacco company Imperial Brands, long seen as a likely target, rose as much as 4 percent after Masamichi Terabatake, the CEO-designate, told reporters: "If there are good deals, we would like to actively pursue them". Two big issues facing Japan Tobacco are a geographic footprint too concentrated in low-growth markets Japan and Europe and competitive weakness in vaping.
** Imperial Brands +3.3% and near top of Stoxx 600 in decent volume ** Japan Tobacco names new CEO ** Jefferies responds to news in note entitled: 'JT Names New CEO; Does this Make an Imperial Bid More ...
President Rodrigo Duterte ordered the finance department to accept a settlement, under which Mighty, which has 23 percent of the local cigarette market, would drop out of the tobacco business
Tobacco giants Imperial Brands and Japan Tobacco International have hired advisers to examine options for struggling British cigarette wholesaler Palmer & Harvey . Imperial, the maker of the Davidoff and ...
Japan Tobacco is branching out abroad with the nearly $1bn purchase of Mighty Corp in the Philippines, its second big overseas acquisition this month as sales slow at home thanks to a shrinking market
The United Nations agency called for the tobacco industry to compensate for its products that contribute to greenhouse gases blamed for climate change, but gave no estimate of damage. The ecological footprint goes far beyond the effects of cigarette smoke, the WHO said in its first report on tobacco's impact on the environment.