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Provider: Thomson Reuters Stock Report
Provider: GlobalData
Provider: Reuters Investment Profile
Provider: MarketLine (a Datamonitor Company)

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Japan Tobacco Inc Announces Restructuring of Tobacco Business

Wednesday, 30 Oct 2013 02:00am EDT 

Japan Tobacco Inc announced that it will reduce sub-branches from 25 sub-branches to 15 sub-branches effective April 1, 2015. The Company will also close several factories and business centers by the end of March 2015. The Company will offer an early-retirement program along with the business restructuring. The Company expects 1,600 employees to take up the offer.