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Japan Tobacco Declines on Domestic Cigarette Sales (Update1) 

Japan Tobacco Inc., the world's third- largest publicly traded cigarette maker, dropped the most in 10 weeks in Tokyo trading after earnings slumped at its domestic tobacco unit.

Operating income from Japan cigarette sales slid 9.4 percent to 222 billion yen ($2.12 billion) in the 12 months through March, the company said yesterday. Japan Tobacco dropped 4.1 percent to 490,000 yen at 3 p.m. on Tokyo's stock exchange, its biggest one-day decline since Feb. 20. . . .

``It looks as though earnings at the domestic cigarette business will deteriorate unless the company takes such measures as reducing the number of Japanese cigarette plants and revising cigarette pricing,'

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