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United States

Japan Tobacco Inc (2914.T)

2914.T on Tokyo Stock Exchange

3,858JPY
29 Aug 2016
Change (% chg)

¥-11 (-0.28%)
Prev Close
¥3,869
Open
¥3,925
Day's High
¥3,933
Day's Low
¥3,844
Volume
2,732,000
Avg. Vol
3,912,293
52-wk High
¥4,850
52-wk Low
¥3,551

Latest Key Developments (Source: Significant Developments)

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

Japan Tobacco Inc signs deal with Cxense
Monday, 3 Aug 2015 02:30am EDT 

Cxense ASA:Announces an agreement with Japan Tobacco Inc.The contract includes use of the Cxense DMP (Data Management Platform), Cxense Insight (real-time analytics) and Cxense Content (site personalization) products.  Full Article

Japan Tobacco to close up Moscow-based factory
Friday, 31 Jul 2015 04:30am EDT 

Japan Tobacco Inc:To close up its Moscow-based factory by the end of 2016.  Full Article

Japan Tobacco completes acquisition of Logic Technology Development
Tuesday, 28 Jul 2015 02:00am EDT 

Japan Tobacco Inc:Says it has acquired U.S.-based company Logic Technology Development LLC.Plan disclosed on April 30.  Full Article

Japan Tobacco to issue corporate bonds
Tuesday, 7 Jul 2015 11:00pm EDT 

Japan Tobacco Inc:To issue a ninth series corporate bonds worth 60 bln yen through public offering.Bonds an interest rate of 0.217 pct and a term of five years.Maturity on July 15, 2020.Payment date July 15.To issue a 10th series corporate bonds worth 30 bln yen through public offering.Bonds an interest rate of 0.358 pct and a term of seven years.Maturity on July 15, 2022.Payment date July 15.To issue a 11th series corporate bonds worth 25 bln yen through public offering.Bonds an interest rate of 0.599 pct and a term of 10 years.Maturity on July 15, 2025.Payment date July 15.Proceeds to be used to repay loan.  Full Article

Japan Tobacco to transfer stake in subsidiaries and to sell brands to Suntory Beverage & Food
Tuesday, 7 Jul 2015 02:00am EDT 

Japan Tobacco Inc:To transfer 70.5 pct stake in its subsidiary JB, 100 pct stake in JTA and 49.7 holding stake in JT, and to sell two brands to Suntory Beverage & Food Ltd, at the price of 150 bln yen, on July 31.  Full Article

Japan Tobacco announces first instance judgment in quebec class actions trial
Monday, 1 Jun 2015 07:30pm EDT 

Japan Tobacco Inc:Announced that the Quebec Superior Court delivered a first instance judgment in two class actions against three Canadian tobacco manufacturers including JTI-Macdonald Corp. (JTI-MC), a subsidiary of JT Group.JT understands that the total award against JTI-MC is about C$2 billion and the Court ordered JTI-MC to pay about C$142 million by July 26, notwithstanding appeal.JTI-MC fundamentally disagrees with the Court’s conclusions and intends to appeal this decision and to request that the Quebec Court of Appeal suspend the initial payment order.  Full Article

Japan Tobacco to transfer stake to Suntory Beverage & Food
Monday, 25 May 2015 03:40am EDT 

Japan Tobacco Inc:To transfer stake in companies engaged in drink vending machines operator business, to Suntory Beverage & Food.To transfer 70.5 pct stake in JT to Suntory Beverage & Food.To transfer entire 100 pct stake in JTA to Suntory Beverage & Food.To transfer entire 49.7 stake in a company to Suntory Beverage & Food.To transfer two drink brands to Suntory Beverage & Food.To sign transaction agreement in July.Total price of about 150,000 mln yen.  Full Article

Japan Tobacco Inc to acquire Logic Technology Development LLC (Logic)
Thursday, 30 Apr 2015 02:15am EDT 

Japan Tobacco Inc:Entered into an agreement to acquire Logic Technology Development LLC (Logic).Executive management team of Logic will remain with JT Group post-acquisition in order to benefit from their extensive knowledge and experience of the US e-cigarette market.Transaction will be funded by Group's existing cash and loan facilities, with an expected minor effect on the Group's consolidated performance for fiscal year 2015.Expects to complete acquisition in Q3 fiscal year 2015 following regulatory clearance.  Full Article

R&I affirms Japan Tobacco's rating at "AA" and announces stable outlook
Tuesday, 14 Apr 2015 02:00am EDT 

Japan Tobacco Inc:Rating and Investment Information, Inc. (R&I) affirmed Japan Tobacco's issuer rating at "AA".Rating outlook stable.  Full Article

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Electronic Marlboro sucks Japanese smokers away from Japan Tobacco

TOKYO Marlboro maker Philip Morris International says its e-cigarette has rapidly captured close to 3 percent of Japanese tobacco sales, making inroads into a market Japan Tobacco (JT) relies on for 40 percent of its profit.