JT's Market Share Slips

Source from:  Tobacco Reporter  05/21/2012

May 18, 2012—Japan Tobacco Inc's domestic-market cigarette sales volume during April, at 9.3 billion, was increased by 308.9 per cent on that of April 2011, 2.3 billion. JT suffered massive disruption to its manufacturing and distribution operations following the earthquake and tsunami of March 11, 2011, and the April 2011 figure was down by 81.1 per cent on that of April 2010. Meanwhile, the value of JT's domestic-market cigarette sales during April, at ￥51.2 billion, was increased by 316.6 per cent on that of April 2011, ￥12.3 billion, which, in turn was down by 74.8 per cent on that of April 2010. JT's market share during April 2012 was 59.1 per cent, down from 60.0 per cent during March 2012. And its share during the year to the end of March 2012, at 54.9 per cent, was down from 64.1 per cent for the year to the end of March 2011.Enditem