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Japan Tobacco Inc (2914.T)

2914.T on Tokyo Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Japan Tobacco raises year-end dividend forecast for FY 2015
Wednesday, 4 Nov 2015 01:00am EST 

Japan Tobacco Inc:Raised year-end dividend forecast to 64 yen per share from 54 yen per share for FY ending Dec. 2015.  Full Article

Japan Tobacco Inc - Canada court orders tobacco companies to set aside almost C$1 bln - Reuters
Tuesday, 27 Oct 2015 08:44pm EDT 

Japan Tobacco Inc:A Canadian appeal court on Tuesday ordered two major tobacco companies to set aside a combined C$984 million ($742 million) while they challenge billions of dollars in damages awarded to smokers in the province of Quebec - RTRS.The more than C$15 billion in damages awarded in June - RTRS.if upheld in an appeal of two class-action lawsuits, would compensate some 100,000 Quebec smokers and ex-smokers who allege the companies knew since the 1950s that their product was causing cancer and other illnesses and failed to warn consumers adequately - RTRS.Imperial Tobacco Canada Ltd - a subsidiary of British American Tobacco Plc BATS.L - must put aside C$758 million, and Rothmans, Benson & Hedges Inc - a subsidiary of Philip Morris International PM.N - must deposit C$226 million, the Quebec Court of Appeal said - RTRS.The court in July said that the two companies plus a third, Japan Tobacco Inc's JTI-Macdonald Corp, would not have to make preliminary deposits - RTRS.Launched in 1998, the class action was considered to be the largest civil case in Canadian history, marking the first time tobacco companies have gone to trial in a civil suit in the country - RTRS.The companies were ordered to set aside the deposits in six and seven quarterly payments stretching to mid-2017, while a hearing on the appeal is scheduled for the autumn of 2016 - RTRS.  Full Article

Japan Tobacco to acquire Natural American Spirit business outside the United States
Tuesday, 29 Sep 2015 06:15am EDT 

Japan Tobacco Inc:To acquire the Natural American Spirit business outside the United States which includes the trademarks and all outstanding shares of RAI’s subsidiaries outside the U.S. which sell the brand from REYNOLDS AMERICAN INC.Says the transaction amount is about 60 bln yen in total.The transaction is expected to be completed by early 2016.  Full Article

BRIEF-Japan Tobacco appears likely to reach final agreement soon to purchase Mighty for 45 billion pesos - Nikkei

* Japan Tobacco appears likely to reach a final agreement soon to purchase Philippine cigarette manufacturer Mighty for 45 billion pesos - Nikkei Source text : [ID:http://s.nikkei.com/2uHW3aR] Further company coverage: