Japan Tobacco (JP:2914) has released an update.
Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener
Japan Tobacco Inc. has announced that following a capital increase of THB 7,380 million, its subsidiary JT International (Thailand) Limited will now be designated as a specified subsidiary. This change, scheduled for October 2024, is not expected to materially impact JT Group’s consolidated performance for the fiscal year. JT Group operates globally in tobacco, pharmaceuticals, and processed food sectors, with key tobacco brands like Winston and Camel.
For further insights into JP:2914 stock, check out TipRanks’ Stock Analysis page.