Categories · Business (Tobacco)
non-USA, by Country · Japan
Organizations · JTI
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Jump to full article: AFX News, 2008-04-10
Intro: Japan Tobacco Inc., the country's largest cigarette maker, has decided to close down its cigarette plant in Ishikawa Prefecture, the ninth-biggest of its 10 cigarette factories, as a response to falling domestic demand, the company said Thursday.
Japan Tobacco has been expanding its cigarette sales outside Japan, as well as its other business operations such as food and pharmaceuticals, to compensate for shrinking business opportunities in Japan, where the population is aging and an anti-smoking campaign is gaining ground.
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