tocacco plant Native American Tobaccoo flower, leaves, and buds

tocacco Tobacco is an annual or bi-annual growing 1-3 meters tall with large sticky leaves that contain nicotine. Native to the Americas, tobacco has a long history of use as a shamanic inebriant and stimulant. It is extremely popular and well-known for its addictive potential.

tocacco nicotina Nicotiana tabacum

tocacco Nicotiana rustica leaves. Nicotiana rustica leaves have a nicotine content as high as 9%, whereas Nicotiana tabacum (common tobacco) leaves contain about 1 to 3%

tocacco cigar A cigar is a tightly rolled bundle of dried and fermented tobacco which is ignited so that its smoke may be drawn into the mouth. Cigar tobacco is grown in significant quantities in Brazil, Cameroon, Cuba, Dominican Republic, Honduras, Indonesia, Mexico, Nicaragua, Sumatra, Philippines, and the Eastern United States.

tocacco Tobacco is an agricultural product processed from the fresh leaves of plants in the genus Nicotiana. It can be consumed, used as an organic pesticide, and in the form of nicotine tartrate it is used in some medicines. In consumption it may be in the form of cigarettes smoking, snuffing, chewing, dipping tobacco, or snus.

tocacco Cigarettes are smoking products consumed by people and made out of cut tobacco leaves. Cigars are typically composed completely of whole-leaf tobacco. A cigarette has smaller size, composed of processed leaf, and white paper wrapping. The term cigarette refers to a tobacco cigarette too but it can apply to similar devices containing other herbs, such as cannabis.
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Tax Increase Hits Japan Tobacco Profit

TOKYO—Japan Tobacco Inc. said Monday its net profit in the October to December period slipped 8.3% from a year earlier, as Japan Tobaccodomestic cigarette sales fell sharply after a last-minute rush to buy tobacco ahead of an Oct. 1 price increase, while the yen’s strength also hurt its overseas business.

The world’s third-largest tobacco company by sales volume after Philip Morris International Inc. and British American Tobacco PLC generated a net profit of 37.5 billion yen ($456.2 million) in October-December period, compared with a 40.9 billion yen profit in the same period a year earlier.

The company, commonly known as JT, said its revenue dropped 16% to 1.349 trillion yen from 1.598 trillion yen in the previous year, while its operating profit fell 26% to 65.6 billion yen from 88.8 billion yen.

JT’s domestic tobacco sales in the quarter were nearly half their level in the year-earlier period, as higher tobacco prices—about 40% on average more per pack—weighed on demand. But JT had already anticipated weakness in post-tax-increase sales, estimating that its domestic sales of tobacco by volume would fall by at least 25% over the 12 months through Sept. 30.

Still, the decline in domestic demand has not been as severe as JT had previously estimated. The company revised up its domestic sales volume forecast for the current fiscal year through March to 133.5 billion cigarettes from its prior projection of 125.5 billion.

Due mainly to better-than-expected domestic sales the company raised its net profit outlook for the fiscal year through March to 136 billion yen from 115 billion yen. It also lifted its operating profit forecast to 308 billion yen from 281 billion yen and its revenue outlook to 6.12 trillion yen from 5.91 trillion yen.

Like many Japanese companies, JT is advancing into emerging markets, seeking to mitigate the effects of a weak economy and a shrinking domestic customer base. The company also announced last week that it plans to push to improve its disclosure methods through the use of new global accounting standards as it increasingly focuses on overseas markets.

JT’s acquisition in 2007 of U.K.’s Gallaher Group PLC helped extend its global reach especially in Europe and the Commonwealth of Independent States region, including Russia.

More than half of JT’s revenue now comes from overseas business activities in more than 120 countries.

Separately on Monday, JT said that it will spend up to 20 billion yen to buy back up to 65,000 of its own shares between Feb. 9 and March 23. The maximum number of the shares it plans to buy back would amount to 0.68% of the company’s total outstanding shares.

JT’s earnings are based on Japanese accounting standards.
By Hiroyuki Kachi: [email protected]

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