Japan Tobacco Inc.
Japan Tobacco Inc. is the largest cigarette manufacturer in the country, accounting for 66.4 percent of the market. It was a wholly-owned subsidiary of the Japanese government known as Japan Tobacco and Salt until 1985. About 65 percent of the corporation is owned by public shareholders, and the rest is owned by the Finance Ministry of Japan, which is obligated by law to keep at least a third of the corporation.
JT International, Japan Tobacco's abroad affiliate, also has a significant international presence. R.J. Reynolds sold the branch to the business, which took control of not only their foreign marketing and production capabilities but also many of their popular cigarette brands. Japan Tobacco's most well-known tobacco brands are Winston, Mevius, Camel, Silk Cut, and LD.
Founded: 1898 (as the Imperial Japanese Tobacco Company)
Headquarters: Tokyo, Japan
Market cap: $35.50 B
Revenue in 2021: $19.81 B
Website: JT.com