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The information contained on this website contains forward-looking statements about JT's industry, business, plans and objectives, financial condition and results of operations that are based on management's current expectations, assumptions, estimates and projections. These statements discuss future expectations, identify strategies, discuss market trends, contain projections of results of operations or of JT's financial condition, or state other forward-looking information. These forward-looking statements are subject to various known or unknown risks, uncertainties and other factors that could cause JT's actual results to differ materially from those suggested by any forward-looking statement. We assume no duty or obligation to update any forward-looking statement or to advise of any change in the assumptions and factors on which they are based. Risks, uncertainties or other factors that could cause actual results to differ materially from those expressed in any forward-looking statement include, without limitation:

(1) health concerns relating to the use of tobacco products;
(2) legal or regulatory developments and changes, including, without limitation, tax increases and restrictions on the sale, marketing and usage of tobacco products, and governmental investigations and privately imposed smoking restrictions
(3) litigation in Japan and elsewhere;
(4) JT's ability to further diversify its business beyond the tobacco industry;
(5) JT's ability to successfully expand internationally and make investments outside of Japan;
(6) competition and changing consumer preferences;
(7) the impact of any acquisitions or similar transactions;
(8) local and global economic conditions; and
(9) fluctuations in foreign exchange rates and the costs of raw materials.