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Japan Tobacco ( (JP:2914) ) has shared an announcement.
Japan Tobacco Inc. has revised its financial results for the fiscal year ended December 31, 2024, to include a provision for litigation losses amounting to 375.6 billion yen due to the settlement of tobacco claims against its Canadian subsidiary. This adjustment significantly impacts the company’s financial statements, reflecting a notable decrease in operating profit and profit before income taxes compared to the previous year.
More about Japan Tobacco
Japan Tobacco Inc. (JT) is a global company based in Tokyo, Japan, and is listed on the Tokyo Stock Exchange. It operates in three business segments: tobacco, pharmaceutical, and processed food, with tobacco being the largest segment. JT’s products are sold in over 130 markets, and the company is committed to investing in Reduced-Risk Products.
YTD Price Performance: -0.29%
Average Trading Volume: 523
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $46.31B
Learn more about 2914 stock on TipRanks’ Stock Analysis page.
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