Source: Lisa Du, MSN, 5/5/18


Paper is still king for Japan Tobacco Inc., at least for now. While the industry may be staking its future on high-tech smoking devices as global regulations are tightening, Big Tobacco gets the majority of its money through traditional cigarettes.
That’s clear from Japan Tobacco’s results released Tuesday. Overall, international cigarette sales volume rose 7.3 percent in the first quarter as the company shipped 98 billion units. That dwarfed results for Japan Tobacco’s next…

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