Log in
Login
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 

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

SummaryChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 

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
07/18 JAPAN TOBACCO : JT acquires 40% of Ethiopia's NTE
07/18 JAPAN TOBACCO : | JT acquires 40% of Ethiopia's NTE
07/18 JAPAN TOBACCO : | JT acquires 40% of Ethiopia's NTE; Company continues expansion..
07/15 JAPAN TOBACCO : acquires 40% of Ethiopia monopoly
07/15 JT ACQUIRES 40% OF ETHIOPIA'S NTE PD : 164kb
07/15 JAPANESE DOMESTIC CIGARETTE SALES RE : 76kb
07/05 NOTICE REGARDING DETERMINATION OF CE : 40kb
06/29 LAUNCH OF A NOVEL ANTI-HIV DRUG &LDQ : 46kb
06/28 JAPAN TOBACCO INC : ex-dividend day for interim dividend
06/17 NOTICE REGARDING THE ALLOTMENT OF SU : 164kb
More news
Sector news : Cigars & Cigarette Manufacturing
07/21DJSABMiller to Consider Weakness of Sterling in Deal Review
07/21DJITC : April-June Net Profit Rises 10.1%
07/20DJSABMiller Board Expected to Discuss AB InBev Offer
07/20DJSABMiller Board Expected to Discuss AB InBev Offer
07/20DJBusiness Watch -- WSJ
More sector news : Cigars & Cigarette Manufacturing
News from SeekingAlpha
07/19 Japan Tobacco's Bold Growth Strategy
07/18 Japan Tobacco eyes U.S. market
05/30 Expect A Muted Dividend Hike From Philip Morris This Year
05/23 AXA to pull out of tobacco investments
05/19 Big loss for Big Tobacco in the U.K.
Advertisement
Financials ( JPY)
Sales 2016 2 201 645 M
EBIT 2016 -
Net income 2016 420 620 M
Debt 2016 51 329 M
Yield 2016 3,06%
P/E ratio 2016 18,24
P/E ratio 2017 17,23
EV / Sales 2016 3,88x
EV / Sales 2017 3,68x
Capitalization 8 484 000 M
More Financials
Chart JAPAN TOBACCO INC
Duration : Period :
Japan Tobacco Inc Technical Analysis Chart | 2914 | JP3726800000 | 4-Traders
Full-screen chart
Technical analysis trends JAPAN TOBACCO INC
Short TermMid-TermLong Term
TrendsBullishNeutralNeutral
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 17
Average target price 5 053  JPY
Spread / Average Target 19%
Consensus details
EPS Revisions
More Estimates 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
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
JAPAN TOBACCO INC-5.31%79 868
ALTRIA GROUP INC18.30%134 719
ITC LTD13.92%44 920
HANJAYA MANDALA SAMPOE..--.--%35 095
KT&G CORP--.--%14 904
GUDANG GARAM TBK PT--.--%11 333
More Results