Tobacco.org

Japan Tobacco: difficult to raise cigarette prices 

Most Japanese smokers would quit if the price of cigarettes were to triple, as could happen under a proposed tax scheme, the chief executive of Japan Tobacco told Reuters in an interview on Monday. Japan Tobacco is facing the threat of potential tax hikes, which in a worst case scenario could more than triple cigarette prices to 1,000 yen ($9.34) a pack.

Jump to full article »