JT’s domestic volume down
Japan Tobacco has been considered an unlikely acquisition target because of the Japanese government’s blocking stake. But there has been talk about the government selling of some of its share as a way to help fund Japanese post-Tsunami recovery.
Japan Tobacco Inc.’s domestic cigarette sales volume during December, at 9.6 billion, was down by 3.6 percent on that of December 2015, 9.9 billion, according to preliminary figures issued by the company today. The December 2015 figure was down by 2.1 percent on that of December 2014.
Volume during January-December, at 106.2 billion, was down by 2.8 percent on that of January-December 2015, 109.2 billion. The January-December 2015 volume was down by 2.8 percent on that of January-December 2014.
JT’s market share stood at 62.2 percent during December, at 61.1 percent during January-December, and at 59.9 percent during January-December 2015.
JT’s domestic cigarette revenue during December, at ¥57.0 billion, was increased by 1.8 percent on its December 2015 revenue, ¥55.9 billion, which was down by 3.1 percent on its revenue of December 2014.
Revenue during January-December, at ¥623.8 billion, was increased by 0.9 percent on that of January-December 2015, ¥618.5 billion, which was down by 2.0 percent on its revenue of January-December 2014.
