For shareholders

Annual general meeting

The 32nd Ordinary General Meeting of Shareholders

Friday, March 24, 2017 at 10:00 am

The Prince Park Tower Tokyo Second basement, Ball Room 8-1, Shibakoen 4-chome, Minato-ku, Tokyo

Agenda:
Matters to be Reported:

  • Report on the Business Report, the Consolidated Financial Statements, and the Independent Auditors' Report and JT's Audit & Supervisory
    Board Report on the Consolidated Financial Statements for the 32nd Business Term (From January 1, 2016 to December 31, 2016)
  • Report on the Non-Consolidated Financial Statements for the 32nd Business Term (From January 1, 2016 to December 31, 2016)

Matters to be Resolved:

Item 1: Appropriation of Surplus

Item 2: Election of One (1) Substitute Audit & Supervisory Board Member

The 31st Ordinary General Meeting of Shareholders

Wednesday, March 23, 2016 at 10:00 am

The Prince Park Tower Tokyo Second basement, Ball Room8-1, Shibakoen 4-chome, Minato-ku, Tokyo

Agenda:
Matters to be Reported:

  • Report on the Business Report, the Consolidated Financial Statements, and the Accounting Auditors' Report and JT's Audit & Supervisory Board Report on the Consolidated Financial Statements for the 31st Business Term (From January 1, 2015 to December 31, 2015)
  • Report on the Non-Consolidated Financial Statements for the 31st Business Term (From January 1, 2015 to December 31, 2015)

Matters to be Resolved:

Item 1: Distribution of Surplus

Item 2: Partial Amendment to the Articles of Incorporation

Item 3: Election of Seven (7) Members of the Board

Item 4: Election of One (1) Substitute Audit & Supervisory Board Member

The 30th Ordinary General Meeting of Shareholders

Friday, March 20, 2015 at 10:00 am

The Prince Park Tower Tokyo Second basement, Ball Room 8-1, Shibakoen 4-chome, Minato-ku, Tokyo

Agenda:
Matters to be Reported:

  • Report on the Business Report, the Consolidated Financial Statements, and the Accounting Auditors' Report and JT's Audit & Supervisory Board Report on the Consolidated Financial Statements for the 30th Business Term (From April 1, 2014 to December 31, 2014)
  • Report on the Non-Consolidated Financial Statements for the 30th Business Term (From April 1, 2014 to December 31, 2014)

Matters to be Resolved:

Company's Proposals (Item 1 to Item 3)

Item 1: Distribution of Surplus

Item 2: Election of Four (4) Audit & Supervisory Board Members

Item 3: Election of One (1) Substitute Audit & Supervisory Board Member Shareholder's Proposals (Item 4 and Item 5)

Item 4: Dividend Proposal

Item 5: Share Buy-back

The 29th Ordinary General Meeting of Shareholders

Tuesday June 24, 2014 at 10:00 am

Tokyo Prince Hotel 3-1, Shibakoen 3-chome, Minato-ku, Tokyo

Agenda:
Matters to be Reported:

  • Report on the Business Report, the Consolidated Financial Statements, and the Accounting Auditors' Report and JT's Audit & Supervisory Board Report on the Consolidated Financial Statements for the 29th Business Term (From April 1, 2013 to March 31, 2014)
  • Report on the Non-Consolidated Financial Statements for the 29th Business Term (From April 1, 2013 to March 31, 2014)

Matters to be Resolved:

Company's Proposals (Item 1 to Item 4)

Item 1: Distribution of Surplus

Item 2: Partial Amendments to the Articles of Incorporation

Item 3: Election of Eight (8) Directors

Item 4: Election of One (1) Substitute Audit & Supervisory Board Member Shareholder's Proposals (Item 5 to Item 9)

Item 5: Dividend Proposal

Item 6: Share Buy-back

Item 7: Partial Amendments to the Articles of Incorporation

Item 8: Cancellation of All Existing Treasury Shares

Item 9: Partial Amendments to the Articles of Incorporation

The 28th Ordinary General Meeting of Shareholders

Friday, June 21, 2013, at 10:00 am

Tokyo Prince Hotel 3-1, Shibakoen 3-chome, Minato-ku, Tokyo

Agenda:
Matters to be Reported:

  • Report on the Business Report, the Consolidated Financial Statements, and the Accounting Auditors' Report and JT's Audit & Supervisory Board Report on the Consolidated Financial Statements for the 28th Business Term (From April 1, 2012 to March 31, 2013)
  • Report on the Non-Consolidated Financial Statements for the 28th Business Term (From April 1, 2012 to March 31, 2013)

Matters to be Resolved:

Company's Proposals (Item 1 to Item 3)

Item 1: Dividend of Surplus

Item 2: Election of One (1) Director

Item 3: Election of One (1) Audit & Supervisory Board Member Shareholder's Proposals (Item 4 to Item 7)

Item 4: Dividend Proposal

Item 5: Share Buy-back

Item 6: Partial Amendments to the Articles of Incorporation

Item 7: Cancellation of All Existing Treasury Shares

The 27th Ordinary General Meeting of Shareholders

Friday, June 22, 2012, at 10:00 am

Tokyo Prince Hotel 3-1, Shibakoen 3-chome, Minato-ku, Tokyo

Agenda:
Matters to be Reported:

  • Report on the Business Report, the Consolidated Financial Statements, and the Accounting Auditors' Report and JT's Board of Company Auditors Report on the Consolidated Financial Statements for the 27th Business Term (From April 1, 2011 to March 31, 2012)
  • Report on the Non-Consolidated Financial Statements for the 27th Business Term (From April 1, 2011 to March 31, 2012)

Matters to be Resolved:

Company's Proposals (Item 1 to Item 4)

Item 1: Appropriation of Surplus

Item 2: Partial Amendments to the Articles of Incorporation

Item 3: Election of Nine (9) Directors

Item 4: Election of One (1) Company Auditor Shareholder's Proposals (Item 5 to Item 8)

Item 5: Dividend Proposal

Item 6: Share Buy-back

Item 7: Partial Amendments to the Articles of Incorporation

Item 8: Cancellation of All Existing Treasury Shares

The 26th Ordinary General Meeting of Shareholders

Friday, June 24, 2011, at 10:00 am

Tokyo Prince Hotel 3-1, Shibakoen 3-chome, Minato-ku, Tokyo

Agenda:
Matters to be Reported:

  • Report on the Business Report, the Consolidated Financial Statements, and the Independent Auditors' Report and JT's Audit Board Report on the Consolidated Financial Statements for the 26th Business Term (From April 1, 2010 to March 31, 2011)
  • Report on the Non-Consolidated Financial Statements for the 26th Business Term (From April 1, 2010 to March 31, 2011)

Matters to be Resolved:

Item 1: Appropriation of Surplus

Item 2: Partial Amendments to the Articles of Incorporation

Item 3: Election of Four (4) Auditors

The 25th Ordinary General Meeting of Shareholders

Thursday, June 24, 2010, at 10:00 am

Tokyo Prince Hotel 3-1, Shibakoen 3-chome, Minato-ku, Tokyo

Agenda:
Matters to be Reported:

  • Report on the Business Report, the Consolidated Financial Statements, and the Independent Auditors' Report and JT's Audit Board Report on the Consolidated Financial Statements for the 25th Business Term (From April 1, 2009 to March 31, 2010)
  • Report on the Non-Consolidated Financial Statements for the 25th Business Term (From April 1, 2009 to March 31, 2010)

Matters to be Resolved:

Item 1: Appropriation of Surplus

Item 2: Election of Nine (9) Directors

Dividend

Dividend per share (yen)
Fiscal year
Interim Year-end Annual Dividend payout ratio
2017 70 70
(Estimated)
140
(Estimated)
62.4
(Estimated)
2016 64 66 130 55.2
2015 54 64 118 53.2 ※
2014 50 50 100 50.1
2013 46 50 96 40.8
2012 30 38 68 37.6
  • Payout ratio for FY2015 is based on basic EPS from continuing operations.

Principal shareholders

(As of September 30,2017)

Name of shareholders Number of shares held
(Share)
Equity ownership (%)
The Minister of Finance 666,927,200 33.35
The Master Trust Bank of Japan, Ltd. (Trust Account) 53,543,100 2.68
Japan Trustee Services Bank, Ltd. (Trust Account) 41,368,700 2.07
GIC Private Limited-C 38,907,900 1.95
Trust & Custody Services Bank, Ltd. as trustee for Mizuho Bank, Ltd.
Retirement Benefit Trust Account re‐entrusted by Mizuho Trust and Banking Co., Ltd.
33,800,000 1.69
State Street Bank and Trust Company 505223 32,956,996 1.65
State Street Bank and Trust Company 26,603,504 1.33
Japan Trustee Services Bank, Ltd. (Trust Account 5) 23,447,400 1.17
State Street Bank and Trust Company 505001 21,640,510 1.08
GIC Private Limited-H 20,498,300 1.02
Total 959,693,610 47.98
  • (Note) Equity ownership is calculated after deducting treasury shares (209,012,545 shares).

Offering JT shares by government

1st Offering

Method Offering by bids Offering by non-bids
Offer price (pricing date) Bid Price: From ¥1,362,000 to ¥2,110,000
Weighted Average Price:
¥1,438,000 (August 29, 1994)
¥1,438,000
(August 31, 1994)
Number of offering shares 229,920 shares 164,356 shares
Offering term From August 15 to 18, 1994 From September 2 to 8, 1994

2nd and 3rd, 4th Offering

2nd Offering 3rd Offering 4th Offering
Method Offering by
book-building formula
Offering by
book-building formula
Offering by
book-building formula
Offer price (pricing date) Bid Price: ¥815,000
(June 17, 1996)
¥843,000
(June 7, 2004)
¥2,949
(March 11, 2013)
Number of offering shares Japan: 237,390 shares,
International: 35,000 shares
(Total: 272,390 shares)
Japan: 198,334 shares,
International: 91,000 shares
(Total: 289,334 shares)
Japan: 145,625,500 shares,
International: 107,636,300 shares
(Total: 253,261,800 shares)
Offering term From June 18 to 19, 1996 From June 8 to 10, 2004 From March 12 to 13, 2013