NEWSWORTHY
British American Tobacco hit by heated-tobacco slowdown as Japan growth stalls
British American Tobacco PLC said the rapid growth of tobacco-heating products in Japan has slowed, adding to doubts that the category can offset the decline in traditional cigarettes. Market share gains of BAT's Glo device have stalled over the last seven weeks, after the tobacco-heating ...
Philip Morris to raise cigarette prices in Japan as tobacco tax increases
Philip Morris Japan K.K. said Tuesday it will raise the prices of all 86 cigarette products it sells in the country on Oct. 1, when the tobacco tax is raised by ¥1 per cigarette. The company will raise the price of a 10-cigarette pack by ...
Masamichi Terabatake to become Japan Tobacco president next year
Japan Tobacco Inc. has tapped Masamichi Terabatake, executive vice president of Switzerland-based JT International SA, as the next leader of the parent to succeed incumbent President Mitsuomi Koizumi. Terabatake, 51, will take over as president of Japan Tobacco on Jan. 1, 2018. He will obtain ...
Tax hike on heat-not-burn tobacco products under consideration as LDP begins review of tax reforms
The ruling Liberal Democratic Party will consider raising the tax rate on heat-not-burn tobacco products under a review of the current tax system for the year starting next April, according to its tax panel chief. "We would have to make a decision by the end ...
The LDP's tobacco addiction tells a much bigger story
If Prime Minister Abe and his party were less beholden to vested interests, his efforts to defeat deflation would gain more traction.
BAT finds strong Japan demand for its Glo smokeless tobacco device
British American Tobacco said demand for its Glo tobacco heating device overwhelmed supply in its Japan test marketing, as global cigarette giants shift focus to the new product category amid a declining smoking population. The "heat but not burn" tobacco is rapidly gaining popularity in ...
Japan Tobacco sees no quick output fix for alternative smoking device
The capacity constraints that have dogged the domestic launch of Japan Tobacco Inc.'s heated-tobacco device will take a while yet to resolve, according to a company executive, handing a further boost to Philip Morris International Inc. in the world's most advanced market for next-generation ...
BAT to debut new tobacco device in Japan in challenge to Philip Morris
British American Tobacco will begin selling its heated tobacco product Glo in Japan next month, ratcheting up competition in a nation that's become the foremost battleground for next-generation cigarettes. Glo, a silver device that resembles an iPod and heats tobacco without burning it, will go ...
Necking gives way to 'cautious generation' texting as CDC finds fewer kids having sex
The troubles with kids these days ... are not as common as they used to be. U.S. teens are having a lot less sex, they are drinking and using drugs less often, and they aren't smoking as much, according a government survey of risky ...
Japan Tobacco to buy U.S. e-cigarette brand as operating profit falls
Japan Tobacco Inc.'s first-quarter operating profit declined 8.4 percent as domestic cigarette sales fell and the weakness of the Russian ruble hurt earnings from its biggest overseas market. The company also agreed to buy Logic Technology Development LLC, a U.S. e-cigarette brand, as it expands ...
When bootleggers and Baptists converge ...
Regulations often come from a counterintuitive convergence of pressures from two groups: merchants and moralists.
