Japan Tobacco Inc. Provides Guidance for the Fiscal Year Ending December 31,2024; Announces Dividend for the Year Ended December 31,2023, Effective date is March 25, 2024
February 13, 2024 at 01:00 am EST
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Japan Tobacco Inc. provided guidance for the fiscal year ending December 31,2024; announced dividend for the year ended December 31,2023. For the year ended December 31,2023, company announced dividend of JPY 100 per share against JPY 113 per share for the previous period. Record date is December 31,2023, Effective date is March 25, 2024.
For the year ending December 31,2024, company expects to pay dividend of JPY 97 per share against JPY 100 per share for the previous period.
Japan Tobacco Inc. specializes in manufacturing and marketing of tobacco products. The group's products include primarily cigarettes, cigars, chewing and snuff tobaccos. Net sales break down by activity as follows:
- sale of tobacco products overseas (66%): 460 billion products sold in 2021, under the brands Winston, Camel, Silk Cut, Sobranie, Glamour, etc.;
- sale of tobacco products in Japan (24.1%): 67 billion products sold under the brands Cabin Prestige, Seven Stars, Pianissimo, Mild Seven, etc.;
- distribution of food products (6.3%);
- development of pharmaceutical products (3.5%): primarily for dyslipidemia, osteoporosis and Hepatitis C treatment;
- other (0.1%).
68.5% of net sales are abroad.
Japan Tobacco Inc. Provides Guidance for the Fiscal Year Ending December 31,2024; Announces Dividend for the Year Ended December 31,2023, Effective date is March 25, 2024
JAPAN TOBACCO, INC. 
