Philip Morris to stop selling cigarettes in Japan within 10 years Philip Morris International, the U.S. tobacco giant that makes Marlboro and Lark brand cigarettes, plans to stop selling cigarettes in Japan within 10 years, Nikkei has learned.
Revisions to the Health Promotion Law that went into effect last year prohibits smoking cigarettes in restaurants. In response, the company is turning its focus to heat-not-burn tobacco products, in which it holds a 70% share of the Japanese market.
Jacek Olczak, who took over as CEO of the tobacco company on May 5, revealed the plan in an online interview with Nikkei. Olczak said Japan will become a smoke-free society within 10 years. Philip Morris expects to gradually pull out of rolled tobacco products elsewhere over the next 10 to 15 years, and Olczak said he wants the transition to happen first in Japan.
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Philip Morris to phase out cigarettes in Japan within decade
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07/05/2021 - 13:33 Japan s government earns billions of dollars annually in cigarette tax revenue Charly TRIBALLEAU AFP/File 2 min
Tokyo (AFP)
The head of tobacco giant Philip Morris said the company will phase out conventional cigarettes in Japan within 10 years, in an interview with the Nikkei business daily published Friday.
The Marlboro maker announced in 2016 a long-term goal to stop selling cigarettes and replace them with alternatives that it says are less harmful but this is the first time it has given a clear deadline. We want Japan to be the first market for the phase-out, newly appointed CEO Jacek Olczak told the Nikkei in an interview published in Japanese.
Tobacco giant to phase out cigarettes in Japan in 10 years
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Philip Morris counting on customers switching to alternative products
published : 7 May 2021 at 18:54 Two men smoke cigarettes in a designated space in Tokyo’s Shinjuku district. (AFP Photo)
TOKYO: The tobacco giant Philip Morris plans to phase out conventional cigarettes in Japan within 10 years, the company’s new chief executive said on Friday.
The maker of Marlboro and other brands in 2016 announced a long-term goal to stop selling cigarettes and replace them with alternatives that it says are less harmful but this is the first time it has given a clear deadline.
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