Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Tokyo  >  Japan Tobacco Inc    2914   JP3726800000

No quotes available
-- JPY   --.--%
07/14 JAPANESE DOMEST : 82kb
07/13 JAPAN TOBACCO : JT in talks to buy assets of Philippines' Mighty
07/13 NOTICE CONCERNI : 82.9kb
SummaryChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets

Japan Tobacco : Concerning stock split, adoption of share unit system and partial amendment to the articles of incorporationPDF:58.3kb

share with twitter share with LinkedIn share with facebook
share via e-mail
0
04/13/2012 | 09:21am CEST
FOR IMMEDIATE RELEASE

Tokyo, April 13, 2012

Concerning stock split, adoption of share unit system and partial amendment to the articles of incorporation

Japan Tobacco Inc. (JT) (TSE: 2914) has announced the Board of Directors' resolution today concerning stock split, adoption of share unit system and associated partial amendment to the articles of incorporation as follows.

1. Purpose
For the purpose of enlarging the company's investor base by further improving the environment to invest in our shares through reduction of the investment unit amount of the company's shares, the decision has been made to split the stock at the ratio of 1:200 or 200 shares to one share.
Further, in parallel with the stock split, the company will adopt the share unit system which sets a share trading unit to 100 shares, in line with the Japanese Stock Exchanges Conference's decision to designate a trading unit to either 100 shares or 1,000 shares by April 1, 2014. As a result of the stock split and adoption of the share unit system, the investment unit amount of the company's shares will be one half or 1/2.
2. Overview of the stock split
1) Method of the split
Shares of common stock held by shareholders listed or recorded in the final registry of shareholders as of the record date of Saturday, June 30, 2012 will be split at a ratio of 200 shares to one share.
2) Increase in shares resulting from the stock split
Total number of shares issued prior to the stock split: 10,000,000 shares Number of shares to be increased resulting from the stock split: 1,990,000,000 shares Total number of shares issued following the stock split: 2,000,000,000 shares
3) Schedule
Public notice of the record date: Thursday, May 31, 2012
Record date: Saturday, June 30, 2012
Effective date: Sunday, July 1, 2012
3. Adoption of the share unit system
1) Size of the newly established share unit
Contingent on the afore-mentioned stock split coming into effect, the company will adopt the share unit system, setting the size of a share unit at 100 shares.
2) Schedule
Effective date: Sunday, July 1, 2012
4. Partial amendment to the articles of incorporation
1) Reason for amendment
In association with the afore-mentioned stock split and adoption of the share unit system, the articles of incorporation will be partially amended, pursuant to the provisions of Article 184 paragraph 2 and Article 191 of the Companies Act of Japan.
2) Proposed amendment

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on JAPAN TOBACCO INC
07/15 LT : JTI-Mighty buyout talks drive up LT Group stocks
07/14 JAPANESE DOMESTIC CIGARETTE SALES RE : 82kb
07/13 JAPAN TOBACCO : Details Findings in Pharmacokinetics (Pharmacokinetics of nicoti..
07/13 JAPAN TOBACCO : Patent Issued for Cigarette Inspection Apparatus (USPTO 9699416)
07/13 JAPAN TOBACCO : JT in talks to buy assets of Philippines' Mighty
07/13 NOTICE CONCERNING A RECENT NEWS STOR : 82.9kb
07/12 JAPAN TOBACCO : (Revisions) Revisions of Consolidated Financial Results for the ..
07/06 JAPAN TOBACCO : Tokyo governor to push for smoking ban before 2020 Olympics
07/04 NOTICE REGARDING DETERMINATION OF CE : 101kb
06/29 JAPAN TOBACCO : Findings from Japan Tobacco Provide New Insights into Gastroente..
More news
News from SeekingAlpha
06/16 Youth tobacco use dropped in 2016
05/30 WHO issues report on impact of tobacco growing
02/07 Japan Tobacco's (JAPAF) CEO Mitsuomi Koizumi on Full Year 2016 Results - Earn..
02/07 Japan Tobacco reports FY results
02/06 Japan Tobacco 2016 Q4 - Results - Earnings Call Slides
Financials ( JPY)
Sales 2017 2 157 374 M
EBIT 2017 592 000 M
Net income 2017 415 957 M
Debt 2017 75 406 M
Yield 2017 3,71%
P/E ratio 2017 16,27
P/E ratio 2018 15,30
EV / Sales 2017 3,54x
EV / Sales 2018 3,36x
Capitalization 7 566 000 M
Chart JAPAN TOBACCO INC
Duration : Period :
Japan Tobacco Inc Technical Analysis Chart | 2914 | JP3726800000 | 4-Traders
Technical analysis trends JAPAN TOBACCO INC
Short TermMid-TermLong Term
TrendsBearishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 21
Average target price 4 408  JPY
Spread / Average Target 17%
EPS Revisions
Managers
NameTitle
Mitsuomi Koizumi President, CEO & Representative Director
Yasutake Tango Chairman
Hideki Miyazaki Director, EVP, Head-Finance, CSR & Communications
Yasushi Shingai Deputy CEO, Representative Director & VP
Takehisa Shibayama Executive Officer, Head-Research & Development
Sector and Competitors
1st jan.Capitalization (M$)
JAPAN TOBACCO INC-1.51%68 049
ALTRIA GROUP8.58%141 821
ITC LTD20.43%54 576
HANJAYA MANDALA SAMPOERNA TBK PT--.--%32 366
KT&G CORP--.--%14 008
GUDANG GARAM TBK PT--.--%10 924