Japan Tobacco
Japan Tobacco controls more than 70% of the cigarette market in a country where half the men smoke and warning labels suggest, “There’s a risk of damage to your health; so let’s be careful not to smoke too much.” A state monopoly until 1985, Japan Tobacco is two-thirds owned by the Japanese Finance Ministry. It’s the world’s #3 tobacco company, after Altria and British American Tobacco. Its JT International unit (acquired from R.J. Reynolds ) sells Camel, Salem, and Winston brands outside the US. The company also operates in foods, pharmaceuticals, agribusiness, engineering, and real estate.
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