"We really don't have a big say, even though we own the stock of Japan Tobacco."

She added that much of the buying in Japan Tobacco, such as it was, came from domestic brokerage houses.

She noted that Japan Tobacco, like most cigarette companies, was cash rich.

Many investors have decided to pass up an opportunity to buy shares in Japan Tobacco.

The first day of trading for Japan Tobacco was a failure.

Japan Tobacco, formerly a government monopoly, controls 73 percent of the Japanese market.

Japan Tobacco said its profit rose 46 percent in the six months ended last month, helped by cost-cutting measures.

Japan Tobacco retains its monopoly on the salt business to this day.

Japan Tobacco remains a fount of cash, even as smoking rates decline.

Japan Tobacco had recent health issues involving their company.