Juul Explores Potential Sale, Investment Or Distribution Deal With Philip Morris, Japan Tobacco Or Altria - WSJ
January 25, 2023 at 02:12 pm
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Jan 25 (Reuters) -
* JUUL EXPLORES POTENTIAL SALE, INVESTMENT OR DISTRIBUTION
DEAL
WITH PHILIP MORRIS, JAPAN TOBACCO OR ALTRIA - WSJ
Source text: https://on.wsj.com/3R51ZCi
Japan Tobacco Inc. specializes in manufacturing and marketing of tobacco products. The group's products include primarily cigarettes, cigars, chewing and snuff tobaccos. Net sales break down by activity as follows:
- sale of tobacco products overseas (66%): 460 billion products sold in 2021, under the brands Winston, Camel, Silk Cut, Sobranie, Glamour, etc.;
- sale of tobacco products in Japan (24.1%): 67 billion products sold under the brands Cabin Prestige, Seven Stars, Pianissimo, Mild Seven, etc.;
- distribution of food products (6.3%);
- development of pharmaceutical products (3.5%): primarily for dyslipidemia, osteoporosis and Hepatitis C treatment;
- other (0.1%).
68.5% of net sales are abroad.