
FOR IMMEDIATE RELEASE
JT to Appoint New President and CEO
President Katsuhiko Honda to become JT's Corporate Counselor Tokyo, April 13, 2006 --- Japan Tobacco Inc. (JT) (TSE: 2914) announced today that the company would appoint Hiroshi Kimura, currently Executive Vice President of JT International (JTI) and JT Board Member, as the new President and CEO of the company, while Katsuhiko Honda, the current President and CEO, will become JT's Corporate Counselor.
"I am extremely pleased to announce Mr. Kimura as my successor, who has played an instrumental role in the development of JT's international tobacco business over these past seven years," said Katsuhiko Honda, President and CEO of JT. "Mr. Kimura has been with JTI since the acquisition of RJR International, and has greatly contributed to the integration of two companies into one cohesive organization. I firmly believe that under Mr. Kimura's leadership, JT will continue to deliver strong, sustainable growth as a thriving global company."
*** Japan Tobacco Inc. is the world's third largest international manufacturer of tobacco products. The company manufactures internationally recognized cigarette brands including Camel, Winston, Mild Seven and Salem. Since its privatization in 1985, JT has actively diversified its operations into pharmaceuticals and foods. The company's net sales were JPY 4.664 trillion in the fiscal year ended March 31, 2005. |