Japan Tobacco Profit Forecast Beats Estimates; Shares Climb

Japan Tobacco Profit Forecast Beats Estimates; Shares Climb

Haruyoshi Yamaguchi/Bloomberg

Japan Tobacco Inc. cigarettes are displayed for sale in a vending machine in Tokyo. The company said it expects to pay dividends of 92 yen a share this fiscal year, compared with 68 yen in the previous 12 months.