Japan Tobacco Inc
2914: XTKS (JPN)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|NrQ | LOCK|^c! | LOCK|@cbz%>g |
Japan Tobacco's Core Tobacco Business Remains Strong Though Currency Weighs on the Near Term
Business Strategy and Outlook
Japan Tobacco is the third-largest tobacco company by volume, globally excluding China, with a market share of about 18%, according to Euromonitor. Its competitive edge is greatest in its home market, where it holds a commanding 62% cigarette market share. However, the popularity of its leading brands, especially Mevius, extends to other Asia Pacific countries as well.
