japan tobacco inc shares rose sharply tuesday morning after the company posted strong quarterly results and boosted fullyear guidance thanks to increased sales and productprice increases shares were last 77 higher at 2653 yen after rising as much as 85 earlier japan tobacco said monday after market close that net profit rose 19 from a year earlier to y40381 billion 271 billion for the ninemonth period ended sept 30 revenue climbed 14 to y2009 trillion thanks to price increases for tobacco products and a weaker yen it said japan tobacco expects revenue to increase 15 to y2668 trillion and net profit to rise 315 to y44500 billion in 2022 the company also raised its annual dividend forecast to y188 a share from its previous view of y150 japan tobacco said it would continue its business in russia while adhering to all sanctions its russia business is projected to account for around 11 of its total revenue in 2022 it said