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Earnings Analysis: 
Japan Tobacco Net Down
Author: Trupti Mehta
123jump.com
Last Update: 8:21 AM ET February 10 2010


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Japan Tobacco Inc nine months sales fell 13% to ¥4.65 trillion and net profit fell 18.7% to ¥106.9 billion or ¥11,159.28 a share.

 
R]10:15PM Tokyo, Japan - Japan Tobacco Inc sales fell 13% and net profit fell 18.7% to ¥106.9 billion.

Japan Tobacco Inc, the tobacco company said nine months sales fell 13% to ¥4.65 trillion from ¥5.35 trillion a year ago. Net profit for the quarter fell 18.7% to ¥106.9 billion or ¥11,159.28 per diluted share compared to net profit of ¥131.5 billion or ¥13,720.79 per share a year ago.

Japan Tobacco Inc, in the last one year traded as high as ¥358,000.00 in January 2010 and as low as ¥216,000.00 in March 2009. Based on the yesterday’s closing price of ¥328,000.00 the company has market cap of ¥3.14 trillion.
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