Japan Tobacco Inc. Logo

Japan Tobacco Inc.

2914.T

(3.0)
Stock Price

4.204,00 JPY

10.54% ROA

12.37% ROE

15.3x PER

Market Cap.

7.656.182.431.744,00 JPY

25.95% DER

4.57% Yield

16.58% NPM

Japan Tobacco Inc. Stock Analysis

Japan Tobacco Inc. Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Japan Tobacco Inc. Fundamental Stock Analysis
# Analysis Rating
1 ROA

This stock has a great ability to make a lot of money from the things it owns, which makes it a really good investment for smart investors.

2 DER

The stock has a low debt to equity ratio (26%), which means it has a small amount of debt compared to the ownership it holds

3 Dividend

The company's consistent dividend payouts over the past five years exemplify its strong commitment to providing shareholders with reliable returns, making it an attractive investment option.

4 ROE

ROE in an average range (12.97%) suggests satisfactory profitability and decent utilization of shareholders' equity.

5 PBV

The stock's PBV ratio (1.71x) reflects a fair valuation, making it an attractive option for investors seeking balanced opportunities.

6 Revenue Growth

This company's revenue has shown remarkable growth over the past three years, making it an excellent choice for seeking a consistently prosperous investment.

7 Net Profit Growth

The net profit of this company has shown steady growth over the past three years, highlighting its positive financial trajectory and making it an appealing choice for potential investors.

8 Assets Growth

This company's revenue has shown remarkable growth over the past three years, making it an excellent choice for seeking a consistently prosperous investment.

9 Buffet Intrinsic Value

The company's stock shows potential as it is undervalued (25.833) according to Warren Buffett's formula, indicating that its intrinsic value exceeds the market price.

10 Graham Number

The Graham number of this company suggests that its stock price may be overvalued, indicating a less favorable investment opportunity.

11 Dividend Growth

Investors should note the company's stagnant dividend growth over the past three years, indicating limited profitability and potentially diminishing returns.

Japan Tobacco Inc. Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Japan Tobacco Inc. Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Sell
2 MACD Buy
3 RSI Hold
4 Stoch RSI Sell

Japan Tobacco Inc. Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Japan Tobacco Inc. Revenue
Year Revenue Growth
2001 4.544.175.000.000
2002 4.492.264.000.000 -1.16%
2003 4.625.151.000.000 2.87%
2004 4.664.514.000.000 0.84%
2005 4.637.657.000.000 -0.58%
2006 4.769.387.000.000 2.76%
2007 6.409.727.000.000 25.59%
2008 6.832.307.000.000 6.19%
2009 6.134.695.000.000 -11.37%
2010 6.194.554.000.000 0.97%
2011 2.033.825.000.000 -204.58%
2012 2.120.196.000.000 4.07%
2013 2.399.841.000.000 11.65%
2014 2.019.745.000.000 -18.82%
2015 2.252.884.000.000 10.35%
2016 2.143.287.000.000 -5.11%
2017 2.139.653.000.000 -0.17%
2018 2.215.962.000.000 3.44%
2019 2.175.626.000.000 -1.85%
2020 2.092.561.000.000 -3.97%
2021 2.324.838.000.000 9.99%
2022 2.657.832.000.000 12.53%
2023 3.056.824.000.000 13.05%
2023 2.841.077.000.000 -7.59%
2024 3.318.240.000.000 14.38%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Japan Tobacco Inc. Research and Development Expenses
Year Research and Development Expenses Growth
2001 0
2002 0 0%
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 51.461.000.000 100%
2012 56.860.000.000 9.5%
2013 57.103.000.000 0.43%
2014 58.677.318.664 2.68%
2015 57.796.000.000 -1.52%
2016 58.193.000.000 0.68%
2017 60.600.000.000 3.97%
2018 65.377.000.000 7.31%
2019 64.079.000.000 -2.03%
2020 60.847.000.000 -5.31%
2021 65.016.000.000 6.41%
2022 70.808.000.000 8.18%
2023 0 0%
2023 75.098.000.000 100%
2024 74.336.000.000 -1.03%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Japan Tobacco Inc. General and Administrative Expenses
Year General and Administrative Expenses Growth
2001 781.574.000.000
2002 733.907.000.000 -6.49%
2003 707.104.000.000 -3.79%
2004 677.418.000.000 -4.38%
2005 596.637.000.000 -13.54%
2006 592.628.000.000 -0.68%
2007 750.247.000.000 21.01%
2008 914.102.000.000 17.93%
2009 815.553.000.000 -12.08%
2010 791.799.000.000 -3%
2011 27.920.000.000 -2735.96%
2012 733.385.000.000 96.19%
2013 828.942.000.000 11.53%
2014 752.559.000.000 -10.15%
2015 789.346.000.000 4.66%
2016 754.115.000.000 -4.67%
2017 786.911.000.000 4.17%
2018 770.407.000.000 -2.14%
2019 831.707.000.000 7.37%
2020 784.472.000.000 -6.02%
2021 888.574.000.000 11.72%
2022 941.538.000.000 5.63%
2023 989.400.000.000 4.84%
2023 981.052.000.000 -0.85%
2024 1.047.448.000.000 6.34%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Japan Tobacco Inc. EBITDA
Year EBITDA Growth
2001 261.063.000.000
2002 296.417.000.000 11.93%
2003 337.755.000.000 12.24%
2004 458.072.000.000 26.27%
2005 429.781.000.000 -6.58%
2006 445.539.000.000 3.54%
2007 550.156.000.000 19.02%
2008 610.917.000.000 9.95%
2009 527.940.000.000 -15.72%
2010 544.466.000.000 3.04%
2011 702.748.000.000 22.52%
2012 654.314.000.000 -7.4%
2013 789.532.000.000 17.13%
2014 588.440.000.000 -34.17%
2015 719.302.000.000 18.19%
2016 740.741.000.000 2.89%
2017 711.288.000.000 -4.14%
2018 729.409.000.000 2.48%
2019 694.610.000.000 -5.01%
2020 661.061.000.000 -5.08%
2021 705.092.000.000 6.24%
2022 884.373.000.000 20.27%
2023 1.099.460.000.000 19.56%
2023 835.299.000.000 -31.62%
2024 1.003.020.000.000 16.72%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Japan Tobacco Inc. Gross Profit
Year Gross Profit Growth
2001 945.379.000.000
2002 922.870.000.000 -2.44%
2003 941.138.000.000 1.94%
2004 950.789.000.000 1.02%
2005 903.583.000.000 -5.22%
2006 924.619.000.000 2.28%
2007 1.180.801.000.000 21.7%
2008 1.277.908.000.000 7.6%
2009 1.112.058.000.000 -14.91%
2010 1.120.480.000.000 0.75%
2011 1.141.791.000.000 1.87%
2012 1.220.804.000.000 6.47%
2013 1.419.866.000.000 14.02%
2014 1.197.207.000.000 -18.6%
2015 1.332.828.000.000 10.18%
2016 1.270.854.000.000 -4.88%
2017 1.296.095.000.000 1.95%
2018 1.282.928.000.000 -1.03%
2019 1.233.327.000.000 -4.02%
2020 1.194.560.000.000 -3.25%
2021 1.367.977.000.000 12.68%
2022 1.566.843.000.000 12.69%
2023 1.794.568.000.000 12.69%
2023 1.510.216.000.000 -18.83%
2024 1.767.516.000.000 14.56%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Japan Tobacco Inc. Net Profit
Year Net Profit Growth
2001 36.850.000.000
2002 75.302.000.000 51.06%
2003 -7.603.000.000 1090.42%
2004 62.584.000.000 112.15%
2005 201.542.000.000 68.95%
2006 210.772.000.000 4.38%
2007 238.702.000.000 11.7%
2008 123.400.000.000 -93.44%
2009 138.448.000.000 10.87%
2010 144.962.000.000 4.49%
2011 320.883.000.000 54.82%
2012 343.612.000.000 6.61%
2013 427.987.000.000 19.71%
2014 362.919.000.000 -17.93%
2015 485.691.000.000 25.28%
2016 421.695.000.000 -15.18%
2017 392.409.000.000 -7.46%
2018 385.676.000.000 -1.75%
2019 348.190.000.000 -10.77%
2020 310.254.000.000 -12.23%
2021 338.490.000.000 8.34%
2022 442.716.000.000 23.54%
2023 620.004.000.000 28.59%
2023 482.289.000.000 -28.55%
2024 591.628.000.000 18.48%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Japan Tobacco Inc. Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2001 18
2002 38 51.35%
2003 -4 1333.33%
2004 160 101.88%
2005 525 69.52%
2006 110 -377.27%
2007 125 11.29%
2008 64 -93.75%
2009 72 11.11%
2010 127 43.31%
2011 169 24.4%
2012 181 7.18%
2013 235 22.98%
2014 200 -18.09%
2015 271 26.3%
2016 235 -14.89%
2017 219 -7.31%
2018 215 -1.86%
2019 196 -10.26%
2020 175 -12.07%
2021 191 8.42%
2022 249 23.69%
2023 349 28.65%
2023 272 -28.78%
2024 333 18.62%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Japan Tobacco Inc. Free Cashflow
Year Free Cashflow Growth
2001 -7.986.000.000
2002 148.865.000.000 105.36%
2003 245.305.000.000 39.31%
2004 170.879.000.000 -43.55%
2005 58.527.000.000 -191.97%
2006 339.241.000.000 82.75%
2007 13.367.000.000 -2437.9%
2008 155.914.000.000 91.43%
2009 191.926.000.000 18.76%
2010 261.904.000.000 26.72%
2011 437.616.000.000 40.15%
2012 333.757.000.000 -31.12%
2013 245.977.000.000 -35.69%
2014 429.292.000.000 42.7%
2015 339.333.000.000 -26.51%
2016 265.548.000.000 -27.79%
2017 279.074.000.000 4.85%
2018 302.579.000.000 7.77%
2019 407.040.000.000 25.66%
2020 411.213.000.000 1.01%
2021 495.991.000.000 17.09%
2022 384.391.000.000 -29.03%
2023 255.706.000.000 -50.33%
2023 445.800.000.000 42.64%
2024 164.357.000.000 -171.24%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Japan Tobacco Inc. Operating Cashflow
Year Operating Cashflow Growth
2001 89.727.000.000
2002 258.057.000.000 65.23%
2003 334.501.000.000 22.85%
2004 250.840.000.000 -33.35%
2005 150.343.000.000 -66.85%
2006 435.958.000.000 65.51%
2007 145.030.000.000 -200.6%
2008 275.271.000.000 47.31%
2009 320.024.000.000 13.98%
2010 399.638.000.000 19.92%
2011 551.573.000.000 27.55%
2012 466.608.000.000 -18.21%
2013 396.496.000.000 -17.68%
2014 543.696.000.000 27.07%
2015 468.432.000.000 -16.07%
2016 376.549.000.000 -24.4%
2017 419.212.000.000 10.18%
2018 461.389.000.000 9.14%
2019 540.410.000.000 14.62%
2020 519.833.000.000 -3.96%
2021 598.909.000.000 13.2%
2022 483.799.000.000 -23.79%
2023 283.574.000.000 -70.61%
2023 567.014.000.000 49.99%
2024 198.373.000.000 -185.83%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Japan Tobacco Inc. Capital Expenditure
Year Capital Expenditure Growth
2001 97.713.000.000
2002 109.192.000.000 10.51%
2003 89.196.000.000 -22.42%
2004 79.961.000.000 -11.55%
2005 91.816.000.000 12.91%
2006 96.717.000.000 5.07%
2007 131.663.000.000 26.54%
2008 119.357.000.000 -10.31%
2009 128.098.000.000 6.82%
2010 137.734.000.000 7%
2011 113.957.000.000 -20.86%
2012 132.851.000.000 14.22%
2013 150.519.000.000 11.74%
2014 114.404.000.000 -31.57%
2015 129.099.000.000 11.38%
2016 111.001.000.000 -16.3%
2017 140.138.000.000 20.79%
2018 158.810.000.000 11.76%
2019 133.370.000.000 -19.07%
2020 108.620.000.000 -22.79%
2021 102.918.000.000 -5.54%
2022 99.408.000.000 -3.53%
2023 27.868.000.000 -256.71%
2023 121.214.000.000 77.01%
2024 34.016.000.000 -256.34%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Japan Tobacco Inc. Equity
Year Equity Growth
2001 1.662.693.000.000
2002 1.673.726.000.000 0.66%
2003 1.561.762.000.000 -7.17%
2004 1.551.800.000.000 -0.64%
2005 1.820.073.000.000 14.74%
2006 2.024.616.000.000 10.1%
2007 2.154.629.000.000 6.03%
2008 1.624.288.000.000 -32.65%
2009 1.723.279.000.000 5.74%
2010 1.591.203.000.000 -8.3%
2011 1.714.626.000.000 7.2%
2012 1.892.012.000.000 9.38%
2013 2.596.091.000.000 27.12%
2014 2.622.503.000.000 1.01%
2015 2.521.525.000.000 -4%
2016 2.528.041.000.000 0.26%
2017 2.842.027.000.000 11.05%
2018 2.700.445.000.000 -5.24%
2019 2.743.612.000.000 1.57%
2020 2.599.494.000.000 -5.54%
2021 2.886.081.000.000 9.93%
2022 3.616.761.000.000 20.2%
2023 4.001.649.000.000 9.62%
2023 3.912.492.000.000 -2.28%
2024 4.525.292.000.000 13.54%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Japan Tobacco Inc. Assets
Year Assets Growth
2001 3.063.077.000.000
2002 2.957.665.000.000 -3.56%
2003 3.029.084.000.000 2.36%
2004 2.982.056.000.000 -1.58%
2005 3.037.379.000.000 1.82%
2006 3.364.663.000.000 9.73%
2007 5.087.214.000.000 33.86%
2008 3.879.803.000.000 -31.12%
2009 3.872.596.000.000 -0.19%
2010 3.571.928.000.000 -8.42%
2011 3.667.007.000.000 2.59%
2012 3.852.639.000.000 4.82%
2013 4.611.444.000.000 16.45%
2014 4.619.041.000.000 0.16%
2015 4.558.235.000.000 -1.33%
2016 4.744.374.000.000 3.92%
2017 5.221.484.000.000 9.14%
2018 5.461.400.000.000 4.39%
2019 5.553.071.000.000 1.65%
2020 5.381.382.000.000 -3.19%
2021 5.774.209.000.000 6.8%
2022 6.548.078.000.000 11.82%
2023 7.101.511.000.000 7.79%
2023 7.282.097.000.000 2.48%
2024 7.868.668.000.000 7.45%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Japan Tobacco Inc. Liabilities
Year Liabilities Growth
2001 1.400.384.000.000
2002 1.283.939.000.000 -9.07%
2003 1.467.322.000.000 12.5%
2004 1.430.256.000.000 -2.59%
2005 1.217.306.000.000 -17.49%
2006 1.340.047.000.000 9.16%
2007 2.932.585.000.000 54.3%
2008 2.255.515.000.000 -30.02%
2009 2.149.317.000.000 -4.94%
2010 1.980.725.000.000 -8.51%
2011 1.952.381.000.000 -1.45%
2012 1.960.627.000.000 0.42%
2013 2.015.353.000.000 2.72%
2014 2.082.203.000.000 3.21%
2015 2.036.710.000.000 -2.23%
2016 2.216.333.000.000 8.1%
2017 2.379.457.000.000 6.86%
2018 2.760.955.000.000 13.82%
2019 2.809.459.000.000 1.73%
2020 2.781.888.000.000 -0.99%
2021 2.888.128.000.000 3.68%
2022 2.931.317.000.000 1.47%
2023 3.099.862.000.000 5.44%
2023 3.369.606.000.000 8.01%
2024 3.343.377.000.000 -0.78%

Japan Tobacco Inc. Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
1699.87
Net Income per Share
281.86
Price to Earning Ratio
15.3x
Price To Sales Ratio
2.54x
POCF Ratio
12.34
PFCF Ratio
15.71
Price to Book Ratio
1.72
EV to Sales
2.56
EV Over EBITDA
8.64
EV to Operating CashFlow
12.45
EV to FreeCashFlow
15.85
Earnings Yield
0.07
FreeCashFlow Yield
0.06
Market Cap
7.656,18 Bil.
Enterprise Value
7.720,82 Bil.
Graham Number
3982.88
Graham NetNet
-713.5

Income Statement Metrics

Net Income per Share
281.86
Income Quality
1.03
ROE
0.12
Return On Assets
0.06
Return On Capital Employed
0.11
Net Income per EBT
0.77
EBT Per Ebit
0.95
Ebit per Revenue
0.23
Effective Tax Rate
0.22

Margins

Sales, General, & Administrative to Revenue
0.34
Research & Developement to Revenue
0.03
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.54
Operating Profit Margin
0.23
Pretax Profit Margin
0.21
Net Profit Margin
0.17

Dividends

Dividend Yield
0.05
Dividend Yield %
4.57
Payout Ratio
0.69
Dividend Per Share
197

Operating Metrics

Operating Cashflow per Share
349.4
Free CashFlow per Share
274.4
Capex to Operating CashFlow
0.21
Capex to Revenue
0.04
Capex to Depreciation
0.73
Return on Invested Capital
0.1
Return on Tangible Assets
0.11
Days Sales Outstanding
79.56
Days Payables Outstanding
137.19
Days of Inventory on Hand
246.15
Receivables Turnover
4.59
Payables Turnover
2.66
Inventory Turnover
1.48
Capex per Share
74.99

Balance Sheet

Cash per Share
626,48
Book Value per Share
2.548,71
Tangible Book Value per Share
792.21
Shareholders Equity per Share
2501.36
Interest Debt per Share
707.2
Debt to Equity
0.26
Debt to Assets
0.15
Net Debt to EBITDA
0.07
Current Ratio
2
Tangible Asset Value
1.406,59 Bil.
Net Current Asset Value
118,03 Bil.
Invested Capital
5736010000000
Working Capital
1.727,15 Bil.
Intangibles to Total Assets
0.4
Average Receivables
616,03 Bil.
Average Payables
524,00 Bil.
Average Inventory
908520000000
Debt to Market Cap
0.15

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Japan Tobacco Inc. Dividends
Year Dividends Growth
2000 4.500
2001 8.500 47.06%
2002 8.000 -6.25%
2003 11.000 27.27%
2004 10.000 -10%
2005 8.000 -25%
2006 10.800 25.93%
2007 4.400 -145.45%
2008 5.200 15.38%
2009 5.600 7.14%
2010 3.000 -86.67%
2011 8.000 62.5%
2012 6.030 -32.67%
2013 84 -7078.57%
2014 150 44%
2015 118 -27.12%
2016 130 9.23%
2017 140 7.14%
2018 150 6.67%
2019 154 2.6%
2020 154 0%
2021 130 -18.46%
2022 188 30.85%
2023 194 3.09%
2024 194 0%

Japan Tobacco Inc. Profile

About Japan Tobacco Inc.

Japan Tobacco Inc., a tobacco company, manufactures and sells tobacco products, prescription drugs, and processed foods in Japan and internationally. The company operates through four segments: Domestic Tobacco, International Tobacco, Pharmaceutical, and Processed Food. It offers tobacco products, such as cigarettes, cigars, pipe tobacco, oral tobacco, waterpipe tobacco, kretek, and fine cut products under the Winston, Camel, MEVIUS, and LD brands. The company also provides reduced-risk products, including tobacco-infused vapor and heated tobacco products, E-Vapor products, etc. under the Ploom, Logic, Ploom TECH, Ploom TECH+, and Ploom S brands. In addition, it researches and develops, manufactures, and sells prescription drugs for the therapeutic areas, such as cardiovascular, renal and metabolism, immunology, and neuroscience. Further, the company provides staple food products, such as frozen noodles and okonomiyaki, and frozen and packed cooked rice; ambient processed foods; bakery products; and seasonings, including yeast extracts and oyster sauce. Japan Tobacco Inc. was founded in 1898 and is headquartered in Tokyo, Japan.

CEO
Mr. Hiromasa Furukawa
Employee
53.239
Address
1-1, Toranomon 4-chome
Tokyo, 105-6927

Japan Tobacco Inc. Executives & BODs

Japan Tobacco Inc. Executives & BODs
# Name Age
1 Mr. Hiromasa Furukawa
Senior Vice President, Chief Financial Officer & Corporate Communications
70
2 Dinesh Babu Thotakura
General Manager of Media & Investor Relations Division
70
3 Hiroyuki Fukuda
Senior Vice President of Corporate Strategy & Business Development
70
4 Kenji Ogura
Senior Vice President of Corporate Governance & Compliance
70
5 Mr. Hisashi Ishikawa
Vice President & Head of Tobacco Business Planning Division
70
6 Osamu Hirose
Senior Vice President & General Counsel
70
7 Hisato Imokawa
Senior Vice President & Chief Sustainability Officer
70

Japan Tobacco Inc. Competitors