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Glossary

Definitions of select terminology used throughout the JT website.

FORWARD-LOOKING STATEMENTS

This website contains forward-looking statements. These statements appear in a number of places in this website and include statements regarding the intent, belief, or current and future expectations of our management with respect to our business, financial condition and results of operations. In some cases, you can identify forward-looking statements by terms such as "may", "will", "should", "would", "expect", "intend", "project", "plan", "aim", "seek", "target", "anticipate", "believe", "estimate", "predict", "potential" or the negative of these terms or other similar terminology. These statements are not guarantees of future performance and are subject to various risks and uncertainties. Actual results, performance or achievements, or those of the industries in which we operate, may differ materially from any future results, performance or achievements expressed or implied by these forward-looking statements. In addition, these forward-looking statements are necessarily dependent upon assumptions, estimates and data that may be incorrect or imprecise and involve known and unknown risks and uncertainties. Forward-looking statements regarding operating results are particularly subject to a variety of assumptions, some or all of which may not be realized. Risks, uncertainties or other factors that could cause actual results to differ materially from those expressed in any forward-looking statement include, without limitation:

  • decrease in demand for tobacco products in key markets;
  • restrictions on promoting, marketing, packaging, labeling and usage of tobacco products in markets in which we operate;
  • increases in excise, consumption or other taxes on tobacco products in markets in which we operate;
  • litigation around the world alleging adverse health and financial effects resulting from, or relating to, tobacco products;
  • our ability to realize anticipated results of our acquisition or other similar investments;
  • competition in markets in which we operate or into which we seek to expand;
  • deterioration in economic conditions in areas that matter to us;
  • economic, regulatory and political changes, such as nationalization, terrorism, wars and civil unrest, in countries in which we operate;
  • fluctuations in foreign exchange rates and the costs of raw materials; and
  • catastrophes, including natural disasters.