Japan Tobacco Inc. (TSE:2914)'s Chief Executive Officer, Masamichi Terabatake recently disclosed that Japan Tobacco favours pursuing deals in South-east Asia and markets where it lacks a presence as it actively seeks to expand overseas. The world's third-largest listed tobacco company is aiming to command around a 40% share of the heated tobacco market in Japan by 2020, said Masamichi Terabatake in an interview.