Categories
· Business (Tobacco)
· Tax
non-USA, by Country
· Japan
Organizations
· JTI
|
Jump to full article: Yomiuri Shimbun., 2010-09-07
Author: Mamoru Kurihara / Yomiuri Shimbun Staff Writer
Intro: Demand for cigarettes has soared ahead of the scheduled tobacco tax hike on Oct. 1, and tobacco companies and convenience stores are trying to cash in as consumers stock up before prices rise.
Plans are being made for after the tax hike as well--drugstores are expanding their lineup of products to help people kick the habit, while Japan Tobacco Inc. plans to remodel its products to prevent a sharp decline in sales.
The price of most cigarette brands will be raised by 60 yen to 140 yen per 20-cigarette pack, the highest increase ever. JT's major brand, Mild Seven, will be raised from 300 yen to 410 yen, and Philip Morris Japan's Marlboro will go from 320 yen to 440 yen.
The shipping volume of JT cigarettes has been increasing since late August
Jump to full article » |