|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||18.90 - 18.90|
|52 Week Range||17.09 - 21.67|
|Beta (5Y Monthly)||0.53|
|PE Ratio (TTM)||11.82|
|Forward Dividend & Yield||1.23 (6.53%)|
|Ex-Dividend Date||Jun 29, 2021|
|1y Target Est||N/A|
Japan Tobacco Inc (JT) said on Tuesday it planned to cut around 1,000 jobs and focus its efforts on winning market share in heated tobacco devices, as it forecast an unexpected slump in profit this year. JT, despite commanding over half of the domestic cigarette market, has lagged rival Philip Morris in the increasingly popular category of heat-not-burn (HNB) cigarettes. The company said it was looking to cut around 1,000 jobs, offering voluntary and early retirement packages, citing declining sales of conventional cigarettes.
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Japan Tobacco Inc. Tokyo, January 21, 2021 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Japan Tobacco Inc. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review discussion held on 19 January 2021 in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.
Moody's Japan K.K. has affirmed the A1 issuer and senior secured ratings of Japan Tobacco Inc. (JT). Moody's has also affirmed (1) JT's baseline credit assessment (BCA) of a1, (2) the (P)A1 senior secured rating of JT's medium-term note (MTN) program, (3) the A1 backed senior unsecured ratings of JT International Financial Services B.V. (JTIFS), and (4) the (P)A1 backed senior unsecured rating of JTIFS's MTN program.