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Japan Tobacco's Profits Surge Amidst Declining Volumes

  • Japan Tobacco reported a 9.7% increase in annual adjusted operating profit, driven by higher-priced tobacco packs and the acquisition of Vector Group.
  • Despite a forecasted volume decline of up to 2% in 2025, the company expects a 6.9% rise in core revenue and an 8.1% rise in adjusted operating profit.
  • The company is focusing on alternative products to offset declining volumes due to stricter regulations and health awareness.

Source: Channel Newsasia, Channel Newsasia

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5mo ago
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