The company commands only 2 percent of the domestic cigarette market, and its brands are not among those most popular with youths.
Up to now, both companies have commanded premium prices from investors speculating on their potential growth.
She knew better than he how much an old-line and well-connected company could command in the way of political influence.
"We were asked what the company would command if it were sold to a third party in the open market," he said.
Small companies usually command higher prices than large ones, relative to their earnings, because of greater growth potential.
The company now commands a mere 1.8 percent of the market, with $140 million in sales in 1996.
Such companies generally command 5 or 6 percent of the fund's assets.
How does a company so command the confidence of investors?
The company currently commands a bit less than 5 percent of the Japanese market.
The combined company would command a larger share of the global market.