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November 22, 2024
 

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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 / ANALYSIS
May 12, 2022
Beyond cigarettes: Philip Morris lights up race with Swedish Match bid
Tobacco companies have scrambled over the past decade to find new markets as regulators crack down on cigarettes and more people quit smoking due to the health risks.
Japan Times
BUSINESS
May 11, 2022
Philip Morris agrees to buy Swedish Match for $16 billion
The maker of Marlboros offered 106 kronor ($10.56) a share for the smaller business, it said in a statement, a premium of nearly 40% to Swedish Match's closing price on Monday.
Japan Times
BUSINESS
May 10, 2022
Philip Morris in talks to buy Swedish Match, maker of oral nicotine pouch products
The deal would accelerate the Marlboro-maker's push beyond cigarettes and broaden its distribution network in the U.S. for reduced-risk products.
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
COMMENTARY / World
Oct 25, 2020
Tobacco nationalism is more toxic than tobacco
The Indian government, too, has a toxic dependence on tobacco. It's called ITC Ltd.
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
Feb 6, 2020
Juul bulks up science staff as FDA vaping deadline looms
Juul Labs Inc. has hired former Food and Drug Administration employees and is recruiting more researchers as it prepares for a crucial regulatory hurdle that will determine the future of the top U.S. e-cigarette maker.
Japan Times
WORLD / Science & Health
Oct 15, 2019
Despite several deaths in U.S., numbers of vaping illnesses and fatalities likely to be very low elsewhere, British experts say
Vaping-linked lung injuries that have killed 29 and sickened more than 1,000 people in the United States are likely to be rare in Britain and other countries where the suspect products are not widely used, specialists said Monday.
BUSINESS / Companies
Sep 5, 2019
British American Tobacco launches more vaping products in Japan to challenge Philip Morris
British American Tobacco PLC has said it will launch two new tobacco heating products in Japan under its Glo brand, as it seeks to close the gap with market leader Philip Morris International Inc. in the country's fast-growing vaping industry.
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.
Two of America’s biggest debt holders are dumping Treasurys
The U.S. Treasury building in Washington. Investors in Japan and China sold a pile of U.S. debt in the last quarter, just before the U.S. presidential election.
Ishiba aggravates his own political failures with diplomatic faux pas
Prime Minster Shigeru Ishiba is greeted at the APEC summit in Lima by Canadian Prime Minister Justin Trudeau on Friday. The Japanese leader was criticized for remaining seated while meeting several world leaders at the event.
Japan's 3.31 million visitors in October set monthly record
Kiyomizu Temple in Kyoto in December 2023. Famous autumn leaf colors contributed to increased tourism demand last month from many markets across Asia, Europe and North America, the Japan National Tourism Organization has said.
Japan ranks last in romance satisfaction for second straight year
In a survey of 31 countries, Japan ranked last in terms of those who felt loved, with just 51% of respondents saying so.
Ruling coalition and DPP strike last-minute deal over economic policy
DPP policy chief Makoto Mahaguchi speaks at the party's policy gathering in Tokyo on Wednesday.
Japan, U.K. and Italy discuss inviting more countries to joint fighter project
A new concept model of a next-generation fighter jet to be jointly developed by Japan, Britain and Italy is on display in Farnborough, Hampshire, in July.
Haruki Murakami's 'The City and Its Uncertain Walls' gives deep deja vu
For “The City and Its Uncertain Walls,” translated into English by Philip Gabriel, Haruki Murakami confronts the ghosts who won't leave him alone.
Japanese expats in Asia find community through rugby
The Taiwan Fivewoods celebrate their victory at the 2023 Asian Japanese Rugby Cup in December of last year.
In Fukushima, a weekend of prose, poetry and translation
Aomori-based writer JJ Carter presented on tabletop gaming as creative inspiration for building characters and narratives.
For Dr. Nakamats, aging is just experience in action
Though he didn't win the recent gubernatorial election in Tokyo, the 96-year-old Dr. Nakamats' run was seen as inspirational in Japan's aging society.

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