Japan Tobacco’s Subsidiary Dividend Boosts Non-Consolidated Income

Japan Tobacco (JP:2914) has released an update.

Japan Tobacco Inc. (JT) is set to receive a substantial dividend of USD 700 million from its subsidiary, JT International Holding B.V. This dividend will be recorded as non-operating income in JT’s non-consolidated financial statements for 2024 but will not affect the consolidated financial results. The company, known for its global tobacco business, continues to focus on sustainable growth and stakeholder value.

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