Philip Morris International Inc. is reportedly considering the sale of its U.S. cigar business, potentially seeking over $1 billion, as part of its broader strategy to transition towards smoke-free products. This consideration follows the company's $16 billion acquisition of Swedish Match AB. Additionally, Philip Morris, along with Japan Tobacco and British American Tobacco, has agreed to pay 32.5 billion Canadian dollars (approximately ¥3.4 trillion) to settle litigation in Canada regarding health risks associated with tobacco products. This move aligns with the industry's ongoing efforts to address health concerns linked to traditional tobacco use.