Japan Tobacco is mainly engaged in the manufacture and sale of tobacco products in the domestic and overseas markets. Along with its affiliates, Co. operates in four principal business segments: Japanese domestic tobacco, international tobacco, pharmaceutical, and processed food. Co. is engaged in the manufacture and sale of cigarettes in Japan and overseas; the research, development, manufacture and sale of ethical pharmaceuticals; and the manufacture and sale of frozen and ambient processed foods, bakery items and seasoning. In addition, Co. is involved in the leasing and management of real estate and the other businesses.
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Smoore Tech is a leading e-cigarette and component manufacturer in China. The company was delisted from the venture board in China, the NEEQ, and is seeking a listing in Hong Kong to raise up to USD 400 million. In our previous note, we have looked at the company's background, its brief financials, and its shareholders. We are impressed by the company's stellar growth in the past and its technology-driven business. In this note, we take a closer look at the company's latest IPO filing and the latest fund-raising before the listing. The main driver of the company’s 178% YoY revenue growth in ...
Feasibility Study Results in December to be a Catalyst for this Junior
The general evaluation of JAPAN TOBACCO INCO. (JP), a company active in the Tobacco industry, has been upgraded by the independent financial analyst theScreener with the addition of a star. Its fundamental valuation now shows 3 out of 4 possible stars while its market behaviour can be considered as defensive. theScreener believes that the additional star(s) merits the upgrade of its general evaluation to Positive. As of the analysis date October 1, 2019, the closing price was JPY 2,408.50 and its potential was estimated at JPY 2,528.93.
Rating Action: Moody's assigns Aa3 underlying/Aa3 enhanced to Niagara-Wheatfield Central School Dist., NY GOs. Global Credit Research- 27 Feb 2020. New York, February 27, 2020-- Moody's Investors Service has assigned an Aa3 underlying and an Aa3 enhanced rating to Niagara-Wheatfield Central School District, NY's $9,925,000 School District Bonds- 2020..
Our credit view of American Honda Finance Corporation reflecting support of its parent Honda Motor Co. Ltd., well managed portfolio credit quality and its good capital cushion.
Rating Action: Moody's assigns A1 UND/Aa1 ENH to Three Rivers Comm. Global Credit Research- 27 Feb 2020. New York, February 27, 2020-- Moody's Investors Service has assigned an A1 underlying and Aa1 enhanced rating to Three Rivers Community Schools, MI's $11.6 million 2020 School Building and Site Bonds, Series I. Concurrently, we have maintained the A1 underlying rating on the district's outstanding General Obligation Unlimited Tax debt.