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Japan Tobacco (TSE:2914) Allowance For Loans And Lease Losses


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What is Japan Tobacco Allowance For Loans And Lease Losses?

Allowance For Loans And Lease Losses only applies to banks.

Japan Tobacco (TSE:2914) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Tobacco Products » Japan Tobacco Inc (TSE:2914) » Definitions » Allowance For Loans And Lease Losses
Comparable Companies
TSE:9362 TSE:9171 TSE:9119 TSE:9110 TSE:9361 TSE:9367 TSE:9193 TSE:9101 TSE:9305 TSE:9308 PM MO NSE:ITC LSE:BATS LSE:IMB XKRX:033780 ISX:HMSP HKSE:06969 DHA:BATBC ISX:GGRM
Traded in Other Exchanges
JAPAY:USA JAPAF:USA JAT:Germany
Address
2-1, Toranomon 2-chome, Minato-ku, Tokyo, JPN, 105-8422
Website
http://www.jt.com
Japan Tobacco is the third-largest tobacco company globally. It owns a rich brand portfolio including Winston (non-U.S.), Camel (non-U.S.), and Mevius, and holds leading shares in many core markets including Japan, Russia, and the U.K. It has added Logic as a vaping brand and Ploom heated tobacco lines into its reduced-risk-product portfolio. The tobacco business contributes 90% of group sales and nearly all profits, with more than half generated by the overseas tobacco operations. JTI was created through the acquisition of R.J. Reynolds' non-U.S. operations in 1999 and further expanded through multiple acquisitions, of which the purchase of Gallaher in 2007 was the most notable, doubling JTI's sales. Pharmaceutical and processed food operations are the other businesses.