Japan Tobacco Inc
2914: XTKS (JPN)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
¥5,872.00 | Hgkj | Krtcrjtn |
Successful Pricing Boosts Profits for Japan Tobacco, but RRP Share Gain Remains a Challenge
Business Strategy and Outlook
Japan Tobacco, or JT, aims to achieve mid- to high-single-digit profit growth through global expansion, investment in reduced-risk products, or RRP, and optimization of its global manufacturing footprint over the mid to long run. Regaining share at home by expanding its heated tobacco lineups while continually increasing its overseas presence through combustibles and RRP will be key to attaining its target.