Tag - japan-tobacco

 
 

JAPAN TOBACCO

An employee pulls a trolley containing boxes of LD Ultra-Slim cigarettes ready for shipping at the Japan Tobacco cigarette plant in the town of Senta in Serbia. JT Group is buying U.S. discount cigarette-maker Vector Group.
BUSINESS / Companies
Aug 22, 2024
JT Group plans to buy U.S. cigarette-maker Vector for ¥348.6 billion
The move will address a loss of anticipated growth due to Russia's war in Ukraine, and will boost Japan Tobacco's U.S. market share from 2.3% to about 8%.
Japan Tobacco was the most popular investment destination among Nippon Individual Savings Account account holders at SBI Securities.
BUSINESS
May 5, 2024
Half of new NISA investments went to Japanese stocks
Japan Tobacco was the most popular investment destination among NISA account holders at SBI Securities.
Japan Tobacco's headquarters in Tokyo
JAPAN / Politics
Aug 27, 2023
Ukraine puts Japan Tobacco unit on list of war supporters
Kyiv's national corruption agency criticized the company for continuing its business activities in Russia and paying a large amount of tax to Moscow.
The government may sell stakes in some major firms, including NTT, to fund its growing defense spending.
BUSINESS
Aug 3, 2023
Raising the stakes: Japan may sell shares to fund defense spending
Selling government stakes in some of Japan's biggest firms won't be straightforward, given the need for consensus and changes to laws.
Japan Times
BUSINESS / Companies
Apr 8, 2022
How is Japan's government connected with Russia's biggest cigarette maker?
The company said it would suspend some operations but continue manufacturing unless 'unprecedented' challenges force it to stop.
Japan Times
BUSINESS
Mar 11, 2022
Uniqlo does a U-turn and joins global shunning of Russia
The two companies had been notable standouts among major brands, saying they would continue doing business in Russia amid the imposition of massive trade and banking sanctions.
Japan Times
BUSINESS / Companies
Feb 25, 2022
Japan Tobacco halts Ukraine plant as fighting intensifies
The safety of all 900 workers at the facility has been confirmed and the company is monitoring developments closely, a spokesman wrote in an email Friday.
Japan Times
BUSINESS / Women at Work
Dec 21, 2021
Standing out above the old boys: Forging a path as a woman in corporate Japan
Ryoko Nagata of Japan Tobacco was adamant she didn't want to work with cigarettes, and went on to prove her worth to the firm in other sectors.
Japan Times
BUSINESS / Companies
Jul 9, 2021
Japan Tobacco to allow remote work part-time in post-pandemic revamp
JTI joins the growing ranks of companies rethinking work arrangements after many employees successfully spent more than a year doing their jobs from home.
Japan Times
BUSINESS / Companies
Feb 27, 2020
Japan Tobacco to let 8,700 domestic employees telecommute as safeguard against virus
Japan Tobacco Inc. said Thursday it has started to allow its domestic employees to work at home, in principle, to prevent them from being infected with the new coronavirus.
Japan Times
BUSINESS / Companies
Mar 11, 2019
Japan Tobacco's Canada unit gets court protection after potentially crushing legal defeat in Quebec
Japan Tobacco Inc.'s Canadian unit was granted creditor protection by the Ontario Superior Court after a legal defeat over the risks of smoking threatens the existence of tobacco companies in the country.
Japan Times
JAPAN
Mar 2, 2019
Japan Tobacco, British American Tobacco and Philip Morris lose appeal in $13 billion Quebec lawsuits
Subsidiaries of Japan Tobacco Inc., British American Tobacco PLC and Philip Morris International Inc. were ordered to pay damages of more than 17 billion Canadian dollars ($12.8 billion) after losing an appeal of class-action lawsuits filed by smokers in Quebec.
Japan Times
JAPAN / Society
Jan 24, 2019
In smoker's paradise Japan, 81-year-old Bungaku Watanabe has spent decades leading a war on tobacco
"Is it OK if I smoke during the interview?" I ask Bungaku Watanabe, reaching into my coat pocket.
BUSINESS / Companies
Aug 14, 2018
Japan Tobacco seeks approval for price hikes from Finance Ministry
Japan Tobacco Inc. on Tuesday filed for Finance Ministry approval of its plans to raise the prices of most of its products in line with the tobacco tax hike set for Oct. 1.
Japan Times
BUSINESS
Aug 14, 2018
Turkish lira crash may affect some Japanese companies with operations there
Your next vacation in sun-drenched Turkey may now be a lot cheaper. On the flip side, corporate profits from selling goods locally are dwindling by the day when converted to home currencies.
Japan Times
BUSINESS / Companies
Aug 7, 2018
Japan Tobacco to buy Bangladesh firm for $1.5 billion
Japan Tobacco Inc. has agreed to buy a Bangladeshi cigarette manufacturer for 124.3 billion taka ($1.5 billion), taking its acquisition strategy to one of Asia's fastest-growing economies.
Japan Times
JAPAN / Crime & Legal
Jul 18, 2018
Japan's watered-down smoking ban clears Diet
Lighting up in public facilities prohibited for the first time as the nation scrambles to combat secondhand smoke in the lead-up to the 2020 Tokyo Games.
BUSINESS / Companies
Mar 17, 2018
Japan Tobacco buys Russia's No. 4 cigarette maker Donskoy Tabak for $1.6 billion
Japan Tobacco Inc. has agreed to buy Russia's Donskoy Tabak for 90 billion rubles ($1.6 billion), strengthening its leading position in Russia as competition from cigarette alternatives erodes its domestic market share.
Japan Times
BUSINESS / Companies
Jan 5, 2018
As people in Japan smoke less, Japan Tobacco's new CEO looks abroad for growth
Japan Tobacco Inc.'s Masamichi Terabatake is in the hot seat.

Longform

Construction takes place on the Takanawa Gateway Convention Center in Tokyo, slated to open in 2025.
A boom for business tourism in Japan?