tiprankstipranks
Japan Tobacco Upgrades Thai Subsidiary’s Status
Company Announcements

Japan Tobacco Upgrades Thai Subsidiary’s Status

Japan Tobacco (JP:2914) has released an update.

Don't Miss our Black Friday Offers:

Japan Tobacco Inc. has announced that following a capital increase of THB 7,380 million, its subsidiary JT International (Thailand) Limited will now be designated as a specified subsidiary. This change, scheduled for October 2024, is not expected to materially impact JT Group’s consolidated performance for the fiscal year. JT Group operates globally in tobacco, pharmaceuticals, and processed food sectors, with key tobacco brands like Winston and Camel.

For further insights into JP:2914 stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Auto-Generated NewsdeskJapan Tobacco Reports Strong Q3 Growth Amid Strategic Expansion
TipRanks Japan Auto-Generated NewsdeskJapan Tobacco Acquires Vector Group, Expands US Presence
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App