Japan Tobacco still on the hunt for M&As after Vector deal, CFO says

Group aims to balance growth and shareholder returns

20240927N Japan Tobacco logo

Japan Tobacco announced in August that it would acquire U.S. cigarette maker Vector Group. (Photo obtained by Nikkei)

MOMOKO IMAMURA, Nikkei staff writer

TOKYO -- Japan Tobacco will not hesitate to pursue new merger and acquisition deals after it acquires Liggett Group parent Vector Group, the fourth-largest cigarette company in the U.S., JT Chief Financial Officer Hiromasa Furukawa told Nikkei.

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