• Japan Tobacco raised its fiscal 2026 profit forecast to JPY 662 billion, implying 32.6% annual growth.
• Revenue guidance increased JPY 18 billion to JPY 3.9 trillion, driven by the tobacco business.
• Adjusted operating profit guidance rose JPY 44 billion to JPY 1.08 trillion, supported by strong tobacco pricing.
• Free cash flow guidance fell JPY 55 billion to JPY 596 billion, mainly reflecting Scandinavian Tobacco Group brand acquisition payments.
• Nine-month profit reached JPY 618.9 billion, up 21%, supported by operating profit growth.

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