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− | Japan Tobacco International was formed in 1999 when the parent company JT Group acquired the non US operations of R.J. Reynolds. In 2007, Japan Tobacco International acquired UK based Gallaher, doubling in size and adding 11,000 new employees. {{r|JT_WEB_ABOUT-US}} According to company's website, 2017 marked | + | Japan Tobacco International was formed in 1999 when the parent company JT Group acquired the non US operations of R.J. Reynolds. In 2007, Japan Tobacco International acquired UK based Gallaher, doubling in size and adding 11,000 new employees. {{r|JT_WEB_ABOUT-US}} According to company's website, 2017 marked 19th consecutive year of profit growth for the company. {{r|JT_WEB_ABOUT-US}} Japan Tobacco, the world’s fourth-biggest cigarette maker by sales, which is 33.35 percent owned by the state. <ref>[https://www.ft.com/content/785b1b46-ffdd-11e6-96f8-3700c5664d30 Japan’s tobacco lobby seeks to head off indoor smoking ban], ''Financial Times'', March 2017, Accessed September 2018 </REF> |
+ | ==Company Overview== | ||
− | + | Japan Tobacco, Inc. engages in the manufacture and sale of tobacco, pharmaceutical, beverage and processed food products. It operates through the following segments: Domestic Tobacco Business, International Tobacco Business, Pharmaceutical Business, Beverage Business, Processed Food Business and Others. The Domestic Tobacco Business segment deals with the production and sale of tobacco products in domestic areas. <ref>[https://www.forbes.com/companies/japan-tobacco/#7a5a05b6612b Japan Tobacco on the Forbes Top Regraded Companies List], ''Forbes'', June 2018, Accessed September 2018</ref> | |
− | Japan Tobacco | + | |
+ | The JT Act provides that the Government of Japan must continue to hold over one-third of all of the issued shares except for the class shares, which have no voting right against all matters that can be resolved at shareholders’ meeting. {{r|JT_AR_2016|p=49}} | ||
− | + | Japan Tobacco is the former government monopoly and still controls 60 percent of the cigarette market in the country. <ref> [https://www.bloomberg.com/news/articles/2018-05-16/philip-morris-ceo-says-iqos-needs-cultural-rural-spin-for-japan Philip Morris Targets Aging Japan Smokers With Cultural Spin], ''Reuters'', May 2018, Accessed September 2018 </ref> | |
===Key Executives=== | ===Key Executives=== | ||
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|Eddy Pirard | |Eddy Pirard | ||
|President and Chief Executive Officer | |President and Chief Executive Officer | ||
− | |Eddy Pirard is a Belgian national, appointed President and Chief Executive Officer in April 2017. He joined Gallaher in January 1998 as Head of Business Development. He left the company after a few years to start up an entrepreneurial venture in the e-procurement area, before rejoining Gallaher in 2002 to create and lead its cigar division. In 2004, he became Managing Director of the Other Tobacco Products (OTP) division. Following the JTI acquisition of Gallaher in 2007, Eddy was appointed President for the UK and Ireland region. He was promoted to the position of Regional President for Western Europe in 2010. Prior to his current role, Eddy was appointed Executive Vice President for Business Development, Corporate Affairs and Corporate Communications in 2014. He holds a Business degree from Hautes Études Commerciales (HEC) in Belgium and a Master's in Business Administration from Harvard Business School.<ref name="JT_OFFICER"> Japan Tobacco International, [ | + | |Eddy Pirard is a Belgian national, appointed President and Chief Executive Officer in April 2017. He joined Gallaher in January 1998 as Head of Business Development. He left the company after a few years to start up an entrepreneurial venture in the e-procurement area, before rejoining Gallaher in 2002 to create and lead its cigar division. In 2004, he became Managing Director of the Other Tobacco Products (OTP) division. Following the JTI acquisition of Gallaher in 2007, Eddy was appointed President for the UK and Ireland region. He was promoted to the position of Regional President for Western Europe in 2010. Prior to his current role, Eddy was appointed Executive Vice President for Business Development, Corporate Affairs and Corporate Communications in 2014. He holds a Business degree from Hautes Études Commerciales (HEC) in Belgium and a Master's in Business Administration from Harvard Business School.<ref name="JT_OFFICER"> Japan Tobacco International, [https://www.jt.com/about/officer/ Our leadership], Accessed October 2018 </ref> |
|- | |- | ||
|Koji Shimayoshi | |Koji Shimayoshi | ||
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|Regional President, Americas | |Regional President, Americas | ||
|Marchant Kuys is a South African national, promoted to Executive Committee as Regional President of the Americas in January 2016. Marchant joined the company in 2001 as Finance Director for South Africa before being promoted to the position of General Manager in 2003. In 2006, he was appointed as Director General of the Ukraine, Caucasus, Moldova, Belarus and Central Asia markets. When JTI acquired Gallaher in 2007, Marchant was appointed as General Manager for Ukraine, overseeing the integration of the Gallaher business in that country. In 2010, Marchant was appointed to the position of General Manager of Taiwan. He holds a business degree and a post-graduate diploma in Accounting from the University of Port Elizabeth. {{r|JT_OFFICER}} | |Marchant Kuys is a South African national, promoted to Executive Committee as Regional President of the Americas in January 2016. Marchant joined the company in 2001 as Finance Director for South Africa before being promoted to the position of General Manager in 2003. In 2006, he was appointed as Director General of the Ukraine, Caucasus, Moldova, Belarus and Central Asia markets. When JTI acquired Gallaher in 2007, Marchant was appointed as General Manager for Ukraine, overseeing the integration of the Gallaher business in that country. In 2010, Marchant was appointed to the position of General Manager of Taiwan. He holds a business degree and a post-graduate diploma in Accounting from the University of Port Elizabeth. {{r|JT_OFFICER}} | ||
+ | |- | ||
+ | |Jorge da Motta | ||
+ | |Regional President, Middle East, Near East, Africa, Turkey and Worldwide Duty Free | ||
+ | |Jorge da Motta is a dual South African/ Belgian national, appointed as Regional President, Middle East, Near East, Africa, Turkey and Worldwide Duty Free in February 2016. Jorge joined the company in Tanzania in 2005 as Sales and Marketing Director and progressed to General Manager later that year. In 2007, he moved to Moscow to lead the Sales and Marketing function in Russia, and in 2010, he moved further east to Hong Kong as Regional Sales and Marketing Vice President for the Asia Pacific Region. In 2013, Jorge was appointed General Manager for the UK. He moved to Geneva in 2014 when he was appointed as Regional President of Central Europe. He holds a Bachelor of Commerce degree from the University of the Witwatersrand in South Africa. {{r|JT_OFFICER}} | ||
|- | |- | ||
|Kevin Tomlinson | |Kevin Tomlinson | ||
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|Regional President, Western Europe | |Regional President, Western Europe | ||
|Vassilis Vovos is a Greek national, appointed Regional President of Western Europe in 2014. Vassilis started his career working for R.J. Reynolds Tobacco Greece in 1991, where he held various positions in the Brand Marketing department. He was appointed Marketing Director in 1995. In 1997, he moved to R.J. Reynolds International in Paris, and became Senior Director, then VP Marketing & Strategic Planning for the Southern Europe & Northern Africa Region. After the acquisition of R.J. Reynolds International by Japan Tobacco Inc. in 1999, he joined the JTI Geneva headquarters as VP Marketing & Sales Europe until he was appointed Vice-President and Deputy General Manager for France in 2001. From April 2002 he was General Manager of France, until his promotion to the position of Regional President for Central Europe in 2010. Vassilis holds a Bachelor of Science in Mechanical Engineering from the Thessalonica Polytechnic School in Greece, and a Masters in Business Administration from the University of Illinois in Chicago. {{r|JT_OFFICER}} | |Vassilis Vovos is a Greek national, appointed Regional President of Western Europe in 2014. Vassilis started his career working for R.J. Reynolds Tobacco Greece in 1991, where he held various positions in the Brand Marketing department. He was appointed Marketing Director in 1995. In 1997, he moved to R.J. Reynolds International in Paris, and became Senior Director, then VP Marketing & Strategic Planning for the Southern Europe & Northern Africa Region. After the acquisition of R.J. Reynolds International by Japan Tobacco Inc. in 1999, he joined the JTI Geneva headquarters as VP Marketing & Sales Europe until he was appointed Vice-President and Deputy General Manager for France in 2001. From April 2002 he was General Manager of France, until his promotion to the position of Regional President for Central Europe in 2010. Vassilis holds a Bachelor of Science in Mechanical Engineering from the Thessalonica Polytechnic School in Greece, and a Masters in Business Administration from the University of Illinois in Chicago. {{r|JT_OFFICER}} | ||
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|} | |} | ||
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+ | Japan Tobacco International Korea named Jose Luis Amador as its new general manager in 2019. <ref> [https://www.koreatimes.co.kr/www/tech/2019/01/694_262419.html JTI Korea names new general manager], ''Korea Times'', 22 January 2019, Accessed April 2019 </ref> | ||
===Board Members=== | ===Board Members=== | ||
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! style="font-weight:bold; width:40%" |Bio | ! style="font-weight:bold; width:40%" |Bio | ||
|- | |- | ||
− | | | + | |Yasutake Tango |
− | | | + | |Chairman of the Board |
− | | | + | |Tango began his career at Japan’s Ministry of Finance in 1974. He served as Executive Secretary to Prime Minister Junichiro Koizumi from 2001 to 2006, and in 2008 was appointed Director-General of the Budget Bureau. He was promoted to Administrative Vice Minister of the Ministry of Finance in 2009. Tango became Chairman of the Board of Directors of JT in 2014 after having served as Corporate Auditor for The Yomiuri Shimbun Holdings from 2010 to 2012. He also serves as Outside Director for The Ogaki Kyoritsu Bank, Ltd. and is Chairman and Principal of Kaisei Junior & Senior High School, one of Japan’s leading preparatory schools. Tango is a graduate of the University of Tokyo’s Faculty of Law. He is a keen hiker and outdoor enthusiast. {{r|JT_WEB_OUR-LEADERSHIP}} |
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− | He | ||
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− | {{r|JT_WEB_OUR-LEADERSHIP}} | ||
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|Masamichi Terabatake | |Masamichi Terabatake | ||
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|Terabatake joined JT in 1989 and held senior positions in the Manufacturing Division before becoming Director of Corporate Planning in 1998. He played a key role in the acquisition of R.J. Reynolds International (RJRI), and relocated to Geneva in 1999 to lead the JT International-RJRI Integration Project following the transaction. Returning to Japan in 2002 as Vice President of the Tobacco Business Manufacturing Division, Terabatake was directly involved in the formulation of JT’s medium-term plan for April 2003 to March 2006. “Plan V”, as it was known, remains a case study in JT’s ability to anticipate changes in the operating environment and take decisive action, building profitability and expanding globally. Terabatake became Vice President of JT’s Corporate Strategy Division in 2008. He was promoted to Senior Vice President and Chief Strategy Officer in 2011, and two years later returned to Geneva as Deputy CEO and Executive Vice President of Corporate Strategy at JT International. Emerging Products was added to his portfolio in 2014, and in 2017 he was appointed to JT’s Global Tobacco Strategic Committee, a new initiative to facilitate the growth of JT Group’s tobacco business. He was appointed President and CEO of JT in January 2018. Terabatake is a graduate of Kyoto University’s Faculty of Engineering. In his free time he enjoys fishing and playing golf. {{r|JT_WEB_OUR-LEADERSHIP}} | |Terabatake joined JT in 1989 and held senior positions in the Manufacturing Division before becoming Director of Corporate Planning in 1998. He played a key role in the acquisition of R.J. Reynolds International (RJRI), and relocated to Geneva in 1999 to lead the JT International-RJRI Integration Project following the transaction. Returning to Japan in 2002 as Vice President of the Tobacco Business Manufacturing Division, Terabatake was directly involved in the formulation of JT’s medium-term plan for April 2003 to March 2006. “Plan V”, as it was known, remains a case study in JT’s ability to anticipate changes in the operating environment and take decisive action, building profitability and expanding globally. Terabatake became Vice President of JT’s Corporate Strategy Division in 2008. He was promoted to Senior Vice President and Chief Strategy Officer in 2011, and two years later returned to Geneva as Deputy CEO and Executive Vice President of Corporate Strategy at JT International. Emerging Products was added to his portfolio in 2014, and in 2017 he was appointed to JT’s Global Tobacco Strategic Committee, a new initiative to facilitate the growth of JT Group’s tobacco business. He was appointed President and CEO of JT in January 2018. Terabatake is a graduate of Kyoto University’s Faculty of Engineering. In his free time he enjoys fishing and playing golf. {{r|JT_WEB_OUR-LEADERSHIP}} | ||
|- | |- | ||
− | + | |Mutsuo Iwai | |
+ | |Representative Director and Executive Vice President | ||
+ | |Iwai joined JT (Japan Tobacco and Salt Public Corporation) in 1983, and over the past thirty-five years has held senior positions across divisions and business units. In 1997, he was part of the committee that developed the 4S Model, which identifies and commits to serving JT’s four stakeholder groups. More than 20 years later, the model’s principles still guide the Group’s strategic direction. In 2002 and 2003, he again played a key role in the formulation of JT’s management strategy, contributing to the development of “Plan V”, JT’s pivotal medium-term plan for April 2003 to March 2006. Iwai served as Vice President of the Corporate Planning Division in 2003. He was appointed to the Board in June 2006 and promoted to Executive Vice President and President of the Food Business. After serving a series of management positions, including Senior Vice President and Chief Strategy Officer, he moved to Switzerland in 2011 to take a position at JT International. Returning to Japan in 2013, he became Senior Executive Vice President and Chief Strategy Officer. Iwai took up his current position as Executive Vice President, Representative Director, and President, Tobacco Business Headquarters in March 2016. He is also Chairman of JT International Group Holding B.V. Iwai is a graduate of the University of Tokyo’s Faculty of Economics. He enjoys cigars and listening to classical music. {{r|JT_WEB_OUR-LEADERSHIP}} | ||
+ | |- | ||
|Naohiro Minami | |Naohiro Minami | ||
|Representative Director and Executive Vice President | |Representative Director and Executive Vice President | ||
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|Ms. Kohda has a deep understanding of the financial industry developed over a long career on the front lines of international financial and capital markets. Her career included spells at US banks and securities firms, working in fixed income trading and foreign multicurrency bond sales, before taking a new turn when she became a published author in 1995. In parallel with her writing career, Ms. Kohda’s recognized expertise in financial markets led to her appointment to the Financial System Council of Japan’s Ministry of Finance in 2003 and the Tax Commission of the Cabinet Office of the Government of Japan in 2006. She has also served as a Visiting Professor at Shiga University’s Faculty of Economics, a member of the Policy Board of Japan’s Ministry of Land, Infrastructure and Transport, and a member of the Board of Governors of Japan Broadcasting Corporation (NHK). Ms. Kohda has been an Outside Director to JT’s Board of Directors since June 2012. She serves concurrently as an Outside Director at LIXIL Group Corporation and an Outside Director at Japan Exchange Group, Inc. (JPX). {{r|JT_WEB_OUR-LEADERSHIP}} | |Ms. Kohda has a deep understanding of the financial industry developed over a long career on the front lines of international financial and capital markets. Her career included spells at US banks and securities firms, working in fixed income trading and foreign multicurrency bond sales, before taking a new turn when she became a published author in 1995. In parallel with her writing career, Ms. Kohda’s recognized expertise in financial markets led to her appointment to the Financial System Council of Japan’s Ministry of Finance in 2003 and the Tax Commission of the Cabinet Office of the Government of Japan in 2006. She has also served as a Visiting Professor at Shiga University’s Faculty of Economics, a member of the Policy Board of Japan’s Ministry of Land, Infrastructure and Transport, and a member of the Board of Governors of Japan Broadcasting Corporation (NHK). Ms. Kohda has been an Outside Director to JT’s Board of Directors since June 2012. She serves concurrently as an Outside Director at LIXIL Group Corporation and an Outside Director at Japan Exchange Group, Inc. (JPX). {{r|JT_WEB_OUR-LEADERSHIP}} | ||
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− | | | + | |Koichiro Watanabe |
− | | | + | |Outside Director of the Company |
− | | | + | |Watanabe began his career at The Dai-ichi Mutual Life Insurance Company in 1976. He became a member of that company’s Board in 2001 and pursued a multi-stakeholder management style through company-wide social responsibility initiatives. Appointed Director, Managing Executive Officer in July 2007, Watanabe worked to accelerate the growth of the company’s global business through overseas M&A. In 2010, Watanabe led The Dai-ichi Mutual Life Insurance Company’s reorganization as a joint-stock company and its subsequent listing on the First Section of the Tokyo Stock Exchange. He was appointed Representative Director and President of the newly formed The Dai-ichi Life Insurance Company, and in 2015 oversaw its acquisition of Protective Life Corporation. In 2016, he led Dai-ichi’s transition to a holding company structure, creating an operating framework that responds more flexibly to changes in the business environment. He became Representative Director and President of Dai-ichi Life Holdings that same year and has been Chairman of the Board at both The Dai-ichi Life Insurance Company and Dai-ichi Life Holdings since 2017. Watanabe was appointed to JT’s Board of Directors as an Outside Director in March 2018. Watanabe is a graduate of Tohoku University’s Faculty of Economics. In his spare time, he enjoys playing golf. He holds dan ranks in both kendo and karate. {{r|JT_WEB_OUR-LEADERSHIP}} |
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− | ===Investments in Unconsolidated Subsidiaries=== | + | ===Investments in Unconsolidated Subsidiaries ("significant" > 20 percent management control):=== |
− | <blockquote>An unconsolidated subsidiary is a company that is owned by a parent company, but whose individual financial statements are not included in the consolidated or combined financial statements of the parent company to which it belongs. Instead, this type of company appears in the combined financial statement as an investment.<ref>Investopedia, [ | + | <blockquote>An unconsolidated subsidiary is a company that is owned by a parent company, but whose individual financial statements are not included in the consolidated or combined financial statements of the parent company to which it belongs. Instead, this type of company appears in the combined financial statement as an investment.<ref>Investopedia, [https://www.investopedia.com/terms/u/unconsolidated-subsidiary.asp Unconsolidated Subsidiary], Accessed December 2018</ref> |
</blockquote> | </blockquote> | ||
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However, the group has committed to adopt IAS 28, Investments in Associates and Joint Ventures accounting standard which may disclose more information than previously provided.{{r|JT_AR_2016|p=97}} | However, the group has committed to adopt IAS 28, Investments in Associates and Joint Ventures accounting standard which may disclose more information than previously provided.{{r|JT_AR_2016|p=97}} | ||
− | ===List of Significant Subsidiaries=== | + | ===List of Significant Subsidiaries (JT)=== |
As Japan Tobacco International's financial accounts are consolidated in its parent companies (Japan Tobacco's) financial accounts, visibility of subsidiaries and affiliates are not readily available. Below is a partial list of stated Subsidiaries related to the Tobacco segment of Japan Tobacco's business.{{r|JT_WEB-COMPANY-OVERVIEW}} | As Japan Tobacco International's financial accounts are consolidated in its parent companies (Japan Tobacco's) financial accounts, visibility of subsidiaries and affiliates are not readily available. Below is a partial list of stated Subsidiaries related to the Tobacco segment of Japan Tobacco's business.{{r|JT_WEB-COMPANY-OVERVIEW}} | ||
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Notes: In addition to the above, JT has 191 consolidated subsidiaries and 13 companies accounted for by the equity method. The figures in parentheses in the "Holding rate of voting rights" column are indirect holding rates included in the figures outside the parentheses.{{r|JT_WEB-COMPANY-OVERVIEW}} | Notes: In addition to the above, JT has 191 consolidated subsidiaries and 13 companies accounted for by the equity method. The figures in parentheses in the "Holding rate of voting rights" column are indirect holding rates included in the figures outside the parentheses.{{r|JT_WEB-COMPANY-OVERVIEW}} | ||
− | === | + | ===Forecast=== |
− | + | The tobacco business will remain Japan Tobacco International's profit growth engine. The company also expects contribution from the pharmaceutical and processed food businesses to complement the JT Group’s profit growth. In February 2018, the tobacco company's priorities for 2018 were identified as: | |
− | The | + | * Accelerating investment in Reduced-Risk Products as future growth drivers of the tobacco business. |
+ | * Enhancing business foundations in traditional tobacco products, such as cigarettes, by investing in brand equity and geographical expansion. | ||
− | + | Japan Tobacco’s third quarter for 2018 results met expectations but showed stronger performance in its International Tobacco Business segment as a result of completing acquisition activity (Ethiopia, Indonesia, Philippines, and Russia) which helped balance the Japanese Domestic Tobacco segment's weaker performance. The key sensitivity in the International Tobacco Business segment continues to be unfavorable currency movements. <ref> Japan Tobacco International, [https://www.jt.com/investors/results/forecast/pdf/2018/Third_Quarter/20181031_07.pdf?fbclid=IwAR10YmAKxn9c0i0zf8KtO4jmBF1dFP8Uao8EnfWj3fIBqN16oNzWqxypo9E 2018 Third Quarter Results], November 2018, Accessed November 2018 </ref> According to the 2017 financial report, the company will narrow its global flagship brand (GFB) focus from nine to four brands: Winston, Camel, LD and Mevius. These four | |
− | + | brands will grow volume by approximately 2 percent, keeping the GFB mix in total volume above 60 percent. | |
− | ==== | + | ==Profitability== |
− | + | ===Revenue=== | |
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{| class="wikitable" | {| class="wikitable" | ||
! Fiscal year | ! Fiscal year | ||
− | in | + | in Billion YEN |
− | ! | + | ! 2017 (IFRS){{r|JT_AR_2017|p=45}} |
− | ! | + | ! 2016 (IFRS){{r|JT_AR_2017|p=45}} |
− | ! | + | ! 2015 (IFRS){{r|JT_AR_2017|p=45}} |
− | ! | + | ! 2014 (Jan-Dec){{r|JT_AR_2017|p=45}} |
|- | |- | ||
| Net Revenue | | Net Revenue | ||
− | | | + | | 1,237.6 |
− | | | + | | 1,199.2 |
− | | | + | | 1,317.2 |
− | | | + | | 1,328.0 |
|- | |- | ||
− | | | + | | Reported Profit |
− | |1, | + | | 325.6 |
− | |1, | + | | 301.8 |
− | |1, | + | | 346.9 |
− | | | + | | 379.5 |
+ | |} | ||
+ | |||
+ | ===Profits per Segment=== | ||
+ | ====International Tobacco==== | ||
+ | |||
+ | |||
+ | {| class="wikitable sortable" | ||
+ | |- | ||
+ | ! in Billion YEN !! 2017{{r|JT_AR_2017|p=12}} !! 2016{{r|JT_AR_2017|p=12}} !! 2015{{r|JT_AR_2015|p=4}} !! 2014{{r|JT_AR_2015|p=4}} | ||
+ | |- | ||
+ | | Total revenue || 1,269.0 || 1,229.4 || 1,317.2|| 1,328.0 | ||
+ | |- | ||
+ | | Adjusted operating profit || 351.3 || 336.2 ||394.4 || 447.1 | ||
+ | |} | ||
+ | |||
+ | '''Domestic Tobacco | ||
+ | ''' | ||
+ | {| class="wikitable sortable" | ||
|- | |- | ||
+ | ! in Billion YEN !! 2017{{r|JT_AR_2017|p=12}} !! 2016{{r|JT_AR_2017|p=12}} !! 2015{{r|JT_AR_2015|p=4}} !! 2014{{r|JT_AR_2015|p=4}} | ||
+ | |- | ||
+ | | Total revenue || 635.3 || 702.5 || 677.3|| 687.4 | ||
+ | |- | ||
+ | | Adjusted operating profit || 232.3 || 260.2 ||254.1|| 238.7 | ||
|} | |} | ||
===Acquisitions=== | ===Acquisitions=== | ||
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{| class="wikitable" | {| class="wikitable" | ||
− | ! Recent acquisitions <ref>Eckhart, J., & Prastyani, A.W. (2016). [ | + | ! Recent acquisitions <ref>Eckhart, J., & Prastyani, A.W. (2016). [https://www.tandfonline.com/doi/ref/10.1080/17441692.2016.1273368?scroll=top Japan Tobacco International: To ‘be the most successful and respected tobacco company in the world’, ''An International Journal for Research, Policy and Practice''], p.281-299, Accessed December 2018 </ref> |
! Acquired Organization Name | ! Acquired Organization Name | ||
! Acquiring Organization Name | ! Acquiring Organization Name | ||
! Announced Date | ! Announced Date | ||
! Value | ! Value | ||
+ | |||
+ | |- | ||
+ | | Mighty Corporation (Philippines) acquired by Japan Tobacco International | ||
+ | | Mighty Corporation | ||
+ | | Japan Tobacco International | ||
+ | | 2017 | ||
+ | | 936 million<ref name="PMI_FT1">[https://www.ft.com/content/e0cc418c-8723-11e7-8bb1-5ba57d47eff7 Japan Tobacco snaps up Philippines’ Mighty for $1bn], ''FT'', August 22, 2017, Accessed September 2018</ref> | ||
+ | |- | ||
+ | | Karyadibya Mahardhika (Indonesia) acquired by Japan Tobacco International | ||
+ | | Karyadibya Mahardhika | ||
+ | | Japan Tobacco International | ||
+ | | 2017 | ||
+ | | USD 1 billion {{r|PMI_FT1}} | ||
|- | |- | ||
− | | La Tabacarela (Dominican Republic) acquired by Japan Tobacco International<ref>[ | + | | La Tabacarela (Dominican Republic) acquired by Japan Tobacco International<ref>[https://asia.nikkei.com/Business/JT-buys-half-of-Dominican-producer-in-Latin-American-push JT buys half of Dominican producer in Latin American push], ''Nikkei Asian Review'', March 22, 2016, Accessed September 2018</ref> |
| La Tabacarela | | La Tabacarela | ||
| Japan Tobacco International | | Japan Tobacco International | ||
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| NA | | NA | ||
|- | |- | ||
− | | Fluxo Brasil Distribuidora do Produtos (Brazil) acquired by Japan Tobacco International<ref>[ | + | | Fluxo Brasil Distribuidora do Produtos (Brazil) acquired by Japan Tobacco International<ref>[https://asia.nikkei.com/Business/Japan-Tobacco-buys-Brazilian-cigarette-distributor Japan Tobacco buys Brazilian cigarette distributor], ''Nikkei Asian Review'', February 12, 2016, Accessed September 2018</ref> |
| Fluxo Brasil Distribuidora do Produtos | | Fluxo Brasil Distribuidora do Produtos | ||
| Japan Tobacco International | | Japan Tobacco International | ||
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| Japan Tobacco International | | Japan Tobacco International | ||
| 2016 | | 2016 | ||
− | | YEN 600 billion <ref>[ | + | | YEN 600 billion <ref>[https://asia.nikkei.com/Business/Japan-Tobacco-lights-up-industry-with-new-purchase Japan Tobacco lights up industry with new purchase], ''Nikkei Asian Review'', October 30, 2015, Accessed September 2018</ref> |
|- | |- | ||
| Logic Technology Development LLC (U.S.) acquired by Japan Tobacco International | | Logic Technology Development LLC (U.S.) acquired by Japan Tobacco International | ||
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| 2015 | | 2015 | ||
| NA | | NA | ||
+ | |- | ||
+ | | Arian Tobacco Industry (Iran) acquired by Japan Tobacco International | ||
+ | | Arian Tobacco Industry | ||
+ | | Japan Tobacco International | ||
+ | | 2015 | ||
+ | | "undisclosed amount"<ref>[https://www.ft.com/content/626e5c5a-7576-11e5-a95a-27d368e1ddf7 Japan Tobacco buys Iranian cigarette maker to boost dominance], ''FT'', October 18, 2015, Accessed September 2018</ref> | ||
|- | |- | ||
| Ploom, Inc. (U.S.) acquired by Japan Tobacco International | | Ploom, Inc. (U.S.) acquired by Japan Tobacco International | ||
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| Japan Tobacco International | | Japan Tobacco International | ||
| 2015 | | 2015 | ||
− | | "undisclosed amount"<ref>[ | + | | "undisclosed amount"<ref>[https://www.businesswire.com/news/home/20150216005085/en/JTI-Acquires-%E2%80%9CPloom%E2%80%9D-Intellectual-Property-Rights-Ploom JTI Acquires “Ploom” Intellectual Property Rights from Ploom, Inc.], ''Business Wire'', Feburary 16, 2016, Accessed September 2018</ref> |
|- | |- | ||
| Zandera Ltd. (UK) acquired by Japan Tobacco International | | Zandera Ltd. (UK) acquired by Japan Tobacco International | ||
Line 435: | Line 409: | ||
===Investments=== | ===Investments=== | ||
− | Japan Tobacco International | + | In August 2018, Japan Tobacco purchased Akij Group (Bangladesh) for around USD 1.5 billion. Reuters reported it is Japan Tobacco International's second major purchase in five months.<ref>[https://www.reuters.com/article/us-akij-m-a-japan-tobacco/japan-tobacco-buying-bangladesh-akijs-tobacco-business-for-1-5-billion-idUSKBN1KR0O1 Japan Tobacco buying Bangladesh Akij's tobacco business for $1.5 billion], ''Reuters'', August 2018, Accessed September 2018</ref> At thay time Akij held about a 20 percent share of the cigarette market in Bangladesh, the eighth largest cigarette market in the world, with volumes exceeding 86 billion units and growing by about 2 percent year-on year. This transaction was projected to add around 17 billion units to the JT Group’s overall volume.<REF>Japan Tobacco International, [https://www.jti.com/our-views/newsroom/jt-group-agrees-acquire-tobacco-business-akij-group-bangladesh JT Group Agrees to Acquire Tobacco Business of Akij Group in Bangladesh], Accessed September 2018</REF> In November 2018 Japan Tobacco completed its acquisition of Akij Group's tobacco business, at the time, the largest single foreign direct investment in Bangladesh.<ref> [https://www.thedailystar.net/business/news/japan-tobacco-closes-147b-acquisition-akij-venture-1667071 Japan Tobacco closes $1.47b acquisition of Akij venture], "The Daily Star ", November 2018, Accessed December 2018</ref> |
− | + | In August 2017, Japan Tobacco International purchased Indonesia’s PT Karyadibya Mahardhika for USD677 million and <ref>[https://www.japantimes.co.jp/news/2017/08/23/business/corporate-business/japan-tobacco-targets-emerging-markets-fewer-health-controls-rivals-go-high-tech/#.W8jWoRMzbOQ Japan Tobacco targets emerging markets with fewer health controls as rivals go high-tech], ''Japan Times'', August 2017, Accessed September 2018 </REF> Japan Tobacco International also agreed to pay 52.6 billion Philippine pesos (USD1.02 billion), including tax, for assets belonging to Mighty, which commands a 23 percent share of the Southeast Asian nation's tobacco market. JT aims to build up its share there, which currently sits at less than 5 percent. <ref>[https://asia.nikkei.com/Business/Japan-Tobacco-staking-growth-on-emerging-markets Japan Tobacco staking growth on emerging markets], ''Nikkei Asian Review'', August 2018, Accessed September 2018 </REF> | |
− | |||
− | In August 2017, Japan Tobacco International purchased Indonesia’s PT Karyadibya Mahardhika for USD677 million and <ref>[ | ||
===Shareholders=== | ===Shareholders=== | ||
− | Tobacco companies have received more than GBP 45 million investment from the United Kingdom's Lincolnshire County Council’s pension fund. The current investment (as of January 2019) for British American Tobacco sits at GBP 411,943. <ref>[ | + | Tobacco companies have received more than GBP 45 million investment from the United Kingdom's Lincolnshire County Council’s pension fund. The current investment (as of January 2019) for British American Tobacco sits at GBP 411,943. <ref>[https://www.granthamjournal.co.uk/news/county-council-invests-45-million-of-its-pension-fund-in-tobacco-companies-9058351/ Lincolnshire County Council invests £45 million from pension fund in tobacco companies], ''Grantham Reporter'', January 5, 2019, Accessed January 2019 </ref> |
===Market Share=== | ===Market Share=== | ||
In 2017, Japan Tobacco International's nine "iconic" brands accounted accounted for more than 72 percent of the company's sales, amounting to approximately 14 percent global market share.{{r|JT_WEB_OUR-BRANDS}} | In 2017, Japan Tobacco International's nine "iconic" brands accounted accounted for more than 72 percent of the company's sales, amounting to approximately 14 percent global market share.{{r|JT_WEB_OUR-BRANDS}} | ||
+ | |||
+ | According to Euromonitor International data, Japan Tobacco had an 8.4 percent share of the global cigarette market in 2016. <ref>[https://www.businesslive.co.za/bd/companies/2018-01-17-new-markets-call-to-japan-tobacco/ New markets call to Japan Tobacco], ''Business Day'', January 2018, Accessed September 2018 </REF> | ||
===Emerging Markets=== | ===Emerging Markets=== | ||
Mutsuo Iwai, Executive Vice President and President of the Tobacco Business said in August 2018 that with the recent investment into Akij, the organization continues: | Mutsuo Iwai, Executive Vice President and President of the Tobacco Business said in August 2018 that with the recent investment into Akij, the organization continues: | ||
− | "to accelerate our expansion in emerging markets that matter, a key component of the JT Group’s growth strategy. Akij’s substantial market share places us straight at the number two position in Bangladesh, which will expand our quality top-line growth. This transaction will also support our sustainable profit growth objectives in the mid- to long-term." <ref name="JTI_JTarticle">Japan Tobacco International, [ | + | "to accelerate our expansion in emerging markets that matter, a key component of the JT Group’s growth strategy. Akij’s substantial market share places us straight at the number two position in Bangladesh, which will expand our quality top-line growth. This transaction will also support our sustainable profit growth objectives in the mid- to long-term." <ref name="JTI_JTarticle">Japan Tobacco International, [https://www.jti.com/our-views/newsroom/jt-group-agrees-acquire-tobacco-business-akij-group-bangladesh JT Group Agrees to Acquire Tobacco Business of Akij Group in Bangladesh], Accessed September 2018 </REF> |
After acquisition of Akij was completed in November 2018, a Japan Tobacco press release was quoted as saying: | After acquisition of Akij was completed in November 2018, a Japan Tobacco press release was quoted as saying: | ||
− | “With this investment, the company will continue to accelerate its expansion in emerging markets, a key component of the Japan Tobacco Group's growth strategy,”<ref> [ | + | “With this investment, the company will continue to accelerate its expansion in emerging markets, a key component of the Japan Tobacco Group's growth strategy,”<ref> [https://www.thedailystar.net/business/news/japan-tobacco-closes-147b-acquisition-akij-venture-1667071 Japan Tobacco closes $1.47b acquisition of Akij venture], ''The Daily Star'', November 2018, Accessed December 2018</ref> |
Company's spokesperson Kana Miyauchi stated that Japan Tobacco International: | Company's spokesperson Kana Miyauchi stated that Japan Tobacco International: | ||
Line 460: | Line 434: | ||
− | In 2018, Japan Tobacco International started to expand its presence in ASEAN countries where it previously had low sales. In August 2017, JTI acquired a Filipino tobacco company, Mighty Corporation, for P45 billion (about USD 900 million). According to Tobacco Industry Watch, Japan Tobacco International sees "the Philippines as a growth market where it can increase its profits substantially." <ref> Tobacco Industry Watch, [ | + | In 2018, Japan Tobacco International started to expand its presence in ASEAN countries where it previously had low sales. In August 2017, JTI acquired a Filipino tobacco company, Mighty Corporation, for P45 billion (about USD 900 million). According to Tobacco Industry Watch, Japan Tobacco International sees "the Philippines as a growth market where it can increase its profits substantially." <ref> Tobacco Industry Watch, [https://tobaccowatch.seatca.org/index.php/2018/02/16/jti-targets-the-poor-and-fights-tobacco-control-in-asean-region/ JTI targets the poor and fights tobacco control in ASEAN region], 16 February 2018, Accessed December 2018 </ref> |
===Factory Openings and Closures=== | ===Factory Openings and Closures=== | ||
− | |||
− | + | In November 2018, after closing its last manufacturing plant in Ireland a year earlier, the Irish subsidiary of Japan Tabacco International posted a jump in profits to €34 million on slightly lower revenues of €702 million.<ref> [https://www.irishtimes.com/business/retail-and-services/benson-hedges-owner-boosts-irish-profit-to-34m-1.3716171 Benson & Hedges owner boosts Irish profit to €34m], ''The Irish Times'', November 2018, Accessed December 2018</ref> | |
+ | |||
+ | SEKAP plant in Xanti, Greece, announced in October 2018 that production of the products of new owner Japan Tobacco International has started, just two-and-a-half months after the Greek tobacco company’s takeover. <ref> [http://www.ekathimerini.com/234019/article/ekathimerini/business/sekap-plant-starts-making-jti-tobacco-products SEKAP plant starts making JTI tobacco products], ''Ekathimerini.com'', October 2018, Accessed December 2018</ref> | ||
− | In | + | In 2014, Japan Tobacco International closed factories in Northern Ireland, Belgium and Germany. Financial Times cited declining volumes and growing regulatory pressures as the reason. The company moved its operations to Poland and Romania. <ref>[https://www.ft.com/content/ec286170-4e44-11e4-bfda-00144feab7de Japan Tobacco set to close last UK plant], ''Financial Times'', October 2014, Accessed September 2018 </REF> |
− | + | ===Dividends=== | |
− | + | Table below provides review of dividend payment history since 2014: | |
− | + | {| class="wikitable" | |
+ | ! Dividend per share | ||
+ | ''in Millions YEN'' | ||
+ | ! 2018 <ref name="JTI_share"> Japan Tobacco International, [https://www.jt.com/investors/shareholders/ For Shareholders], March 2018, Accessed September 2018 </ref> | ||
+ | ! 2017 <ref name="JTI_share"/> | ||
+ | ! 2016 <ref name="JTI_share"/> | ||
+ | ! 2015 <ref name="JTI_share"/> | ||
+ | ! 2014 <ref name="JTI_share"/> | ||
+ | |- | ||
+ | | Interim | ||
+ | | 75 | ||
+ | | 70 | ||
+ | | 64 | ||
+ | | 54 | ||
+ | | 50 | ||
+ | |- | ||
+ | | Year-end | ||
+ | | 75 (Estimated) | ||
+ | | 70 | ||
+ | | 66 | ||
+ | | 64 | ||
+ | | 50 | ||
+ | |- | ||
+ | | Annual | ||
+ | | 150 (Estimated) | ||
+ | | 140 | ||
+ | | 130 | ||
+ | | 118 | ||
+ | | 100 | ||
+ | |- | ||
+ | | Dividend payout ratio | ||
+ | | 71.3 (Estimated) | ||
+ | | 63.9 | ||
+ | | 55.2 | ||
+ | | 53.2 | ||
+ | | 50.1 | ||
+ | |} | ||
==Products== | ==Products== | ||
− | |||
− | |||
− | |||
− | |||
− | |||
− | |||
− | |||
===Key Portfolio=== | ===Key Portfolio=== | ||
− | Japan Tobacco International portfolio includes leading international brands in cigarettes and fine cut, such as Winston, MEVIUS, Camel and LD, as well as in Reduced-Risk Products, such as Ploom TECH and Logic.{{r|JT_AR_2017|p=2}} In 2017, the comapany's flagship brands accounted for more than 72 percent of Japan Tobacco International's sales. According to the company's website, Japan Tobacco International have approximately 14 percent global market share. {{r|JT_WEB_OUR-BRANDS}} | + | Japan Tobacco International portfolio includes leading international brands in cigarettes and fine cut, such as Winston, MEVIUS, Camel and LD, as well as in Reduced-Risk Products, such as Ploom TECH and Logic.{{r|JT_AR_2017|p=2}} In 2017, the comapany's flagship brands accounted for more than 72 percent of Japan Tobacco International's sales. According to the company's website, Japan Tobacco International have approximately 14 percent global market share. {{r|JT_WEB_OUR-BRANDS}} |
− | |||
− | |||
− | Japan Tobacco | + | Japan Tobacco is the market leader in Japan, which is one of the largest markets in the world, generating about 40 percent of the company's consolidated adjusted operating profit. During 2017, the company's share of market reached 61.3 percent, due the solid performance of the company's core brands, such as MEVIUS and Natural American Spirit. In 2017, Japan Tovbacco launched Ploom shops and expanded the sales of Ploom TECH in Tokyo.{{r|JT_AR_2017|p=2}} |
{| class="wikitable" | {| class="wikitable" | ||
Line 510: | Line 512: | ||
|- | |- | ||
|Natural American Spirit | |Natural American Spirit | ||
− | | | + | |Promoting ecological agricultural practices and responsible marketing is a brand priority for this premium tobacco product. |
|- | |- | ||
|Sobranie | |Sobranie | ||
Line 523: | Line 525: | ||
|} | |} | ||
− | === | + | ===Volumes=== |
− | |||
− | + | ====Volume of Cigarettes by Region==== | |
+ | {| class="wikitable" | ||
+ | ! Region (in Billion YEN) | ||
+ | ! 2017 | ||
+ | ! 2016 | ||
+ | ! 2015 | ||
+ | ! 2014 | ||
+ | |- | ||
+ | | South & West Europe | ||
+ | | 64.2 | ||
+ | | 65.2 | ||
+ | | 63.2 | ||
+ | | 59.8 | ||
+ | |- | ||
+ | | North & Central Europe | ||
+ | | 51.8 | ||
+ | | 54.2 | ||
+ | | 53.0 | ||
+ | | 51.6 | ||
+ | |- | ||
+ | | CIS+ | ||
+ | | 133.0 | ||
+ | | 141.4 | ||
+ | | 152.5 | ||
+ | | 165.7 | ||
+ | |- | ||
+ | | Rest-of-the-World | ||
+ | | 149.5 | ||
+ | | 137.9 | ||
+ | | 125.2 | ||
+ | | 120.8 | ||
+ | |- | ||
+ | | Total | ||
+ | | 398.5 | ||
+ | | 398.7 | ||
+ | | 393.9 | ||
+ | | 398.0 | ||
+ | |} | ||
− | === | + | =====Japanese Domestic Tobacco===== |
− | + | Japan Tobacco International are the market leader in Japan, which is one of the largest markets in the world, generating about 40 percent of the company's consolidated adjusted operating profit. {{r|JT_AR_2017}} | |
− | + | Male smoking rates in Japan have dropped by more than half since 1985. The Financial Times reported in 2018, domestic sales of traditional cigarettes in the quarter to March were down 15 percent from the previous year, driven by competition from electronic cigarette alternatives. <ref>[https://www.ft.com/content/1794a9a2-4d44-11e8-8a8e-22951a2d8493 Japan Tobacco: securing the brand in a disrupted market], ''Financial Times'', May 2018, Accessed September 2018 </REF> For Japanese domestic tobacco, total sales volume excludes sales volume of Japanese domestic duty free, the Chinese business and emerging products. | |
− | |||
{| class="wikitable" | {| class="wikitable" | ||
− | ! | + | ! |
− | ! | + | ! 2017{{r|JT_AR_2017|p=16}} |
− | ! | + | ! 2016{{r|JT_AR_2016|p=14}} |
+ | ! 2015{{r|JT_AR_2016|p=14}} | ||
+ | ! 2014{{r|JT_AR_2016|p=14}} | ||
|- | |- | ||
− | | | + | | Tobacco Units (in billions) |
− | | | + | | 92.9 |
− | | | + | | 106.2 |
+ | | 109.2 | ||
+ | | 112.4 | ||
|- | |- | ||
− | | | + | |} |
− | | | + | |
− | | | + | In August 2018, Japan Tobacco International 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. <ref>[https://www.japantimes.co.jp/news/2018/08/14/business/corporate-business/japan-tobacco-seeks-approval-price-hikes-finance-ministry/#.W9gSORMzZTZ Japan Tobacco seeks approval for price hikes from Finance Ministry], ''The Japan Times'', August 2018, Accessed October 2018 </REF> |
+ | |||
+ | =====International tobacco===== | ||
+ | For the international tobacco business, total shipment volume includes fine cut, cigars, pipe tobacco and snus, but excludes contract manufactured products, waterpipe tobacco products and emerging products.{{r|JT_AR_2016|p=14}} | ||
+ | |||
+ | {| class="wikitable" | ||
+ | ! | ||
+ | ! 2017 {{r|JT_AR_2017|p=16}} | ||
+ | ! 2016 {{r|JT_AR_2016|p=14}} | ||
+ | ! 2015 {{r|JT_AR_2016|p=14}} | ||
+ | ! 2014 {{r|JT_AR_2016|p=14}} | ||
|- | |- | ||
− | | | + | | Tobacco Units (in billions) |
− | | | + | | 398.5 |
− | | | + | | 389.7 |
− | | | + | | 393.9 |
− | | | + | | 398.0 |
− | |||
− | |||
|- | |- | ||
|} | |} | ||
Line 558: | Line 607: | ||
===Innovative Product Portfolio=== | ===Innovative Product Portfolio=== | ||
− | Japan Tobacco | + | In early 2019, Japan Tobacco International unveiled two “heat-not-burn” products and started selling Ploom TECH+ and Ploom S in Japan from January 29. <ref>[https://www.nst.com.my/world/2019/01/451551/japan-tobacco-ratchets-smokeless-war-new-products Japan Tobacco ratchets up smokeless war with new products], ''The New Straits Times'', 17 January 2019, Accessed April 2019 </ref> <ref> [https://www.reuters.com/article/us-japan-tobacco-products/japan-tobacco-ratchets-up-smokeless-war-with-new-products-idUSKCN1PB090 Japan Tobacco ratchets up smokeless war with new products], ''Reuters'', 17 January 2019, Accessed April 2019 </ref> Japan Tobacco International introduced the Logic Compact vape in Canada across Ontario and British Columbia. Logic Compact is a high-nicotine, closed-tank vape, offering adult smokers the alternative they have been asking for. <ref>[https://www.newswire.ca/news-releases/jti-shakes-up-canada-s-vape-market-862015235.html JTI shakes up Canada’s vape market], ''Newswire'', 7 February 2019, Accessed April 2019 </ref> |
− | |||
− | |||
− | |||
− | |||
{| class="wikitable" | {| class="wikitable" | ||
! style="font-weight:bold;width=10%" |Brand Name | ! style="font-weight:bold;width=10%" |Brand Name | ||
Line 569: | Line 614: | ||
|- | |- | ||
|Logic LQD | |Logic LQD | ||
− | |Logic LQD is Japan Tobacco International's open tank system, which lets users refill the device with Logic LQD e-liquids.<REF name="JTI_RRP">Japan Tobacco International, [ | + | |Logic LQD is Japan Tobacco International's open tank system, which lets users refill the device with Logic LQD e-liquids.<REF name="JTI_RRP">Japan Tobacco International, [https://www.jti.com/about-us/what-we-do/our-brands Reduced-Risk Products – our vaping products], Accessed September 2018</REF> |
|- | |- | ||
|Logic PRO | |Logic PRO | ||
Line 579: | Line 624: | ||
|} | |} | ||
− | == | + | ===Sales of Heated Tobacco products in Japan=== |
− | |||
− | + | {| class="wikitable" | |
− | + | ! style="font-weight:bold;width=10%" | | |
− | + | ! style="font-weight:bold;width=10%" |Price | |
− | + | ! style="font-weight:bold;width=10%" | Number of Tobacco Brands Available | |
− | + | ! style="font-weight:bold;width=10%" |Available Areas | |
− | + | |- | |
− | + | |Ploom Tech <ref name="JTI_REUTERART"> [https://asia.nikkei.com/Business/Business-Trends/New-rules-in-Japan-take-aim-at-heated-tobacco New rules in Japan take aim at heated tobacco], ''Reuters'', February 2018, Accessed October 2018 </ref> | |
+ | (Japan Tobacco International) | ||
+ | |4,000 | ||
+ | |5 | ||
+ | |Tokyo, Osaka, Sapporo,Sendai, Yokohama, Nagoya, Hiroshima, Fukuoka | ||
+ | |- | ||
+ | |IQOS {{r|JTI_REUTERART}} | ||
+ | ([[Philip Morris International]]) | ||
+ | |10,980 | ||
+ | |6 | ||
+ | |Nationwide | ||
+ | |- | ||
+ | |GLO {{r|JTI_REUTERART}} | ||
+ | ([[British American Tobacco]]) | ||
+ | |8,000 | ||
+ | |8 | ||
+ | |Nationwide | ||
+ | |- | ||
+ | |} | ||
+ | ==Marketing and External Relations== | ||
===Global Campaigns=== | ===Global Campaigns=== | ||
− | |||
− | |||
− | |||
− | |||
− | In February 2019, Campaign For Tobacco Free Kids and Netnografica LLC published the results of a two-year investigation into how the big tobacco companies, including [[Philip Morris International|Philip Morris]], [[British American Tobacco]], Japan Tobacco, and [[Imperial Brands]] used social media influencers to promote their products online. <ref>[ | + | In February 2019, Campaign For Tobacco Free Kids and Netnografica LLC published the results of a two-year investigation into how the big tobacco companies, including [[Philip Morris International|Philip Morris]], [[British American Tobacco]], Japan Tobacco, and [[Imperial Brands]] used social media influencers to promote their products online. <ref>[https://www.dazeddigital.com/life-culture/article/43290/1/big-tobacco-smoking-industry-young-people-social-media-influencers-instagram How the tobacco industry targets young people with social media influencers], ''Dazed & Confused'', 13 February 2019, Accessed 7 May 2019 </ref> |
− | Japan Tobacco International launched of a nationwide anti-illicit tobacco campaign in the United Kingdom called | + | Japan Tobacco International launched of a nationwide anti-illicit tobacco campaign in the United Kingdom called [http://www.jtiadvance.co.uk/DontBeComplicit Don’t Be Complicit In Illicit], which calls on retailers to join the fight against the illicit tobacco trade. <ref>[https://forecourttrader.co.uk/news/fullstory.php/aid/15775/JTI_campaign_urges_retailers_to_join_fight_against_illicit_trade.html JTI campaign urges retailers to join fight against illicit trade], October 2018, August 2018, Accessed October 2018</ref> |
− | The Department of Health published in May of 2018, Japan Tobacco International paid for a radio advert encouraging the public to protest against the proposals restricting smoking in public places, introducing plain packaging, banning point-of-sale advertising and displays, and scrapping the sale of single cigarettes. <ref>[ | + | The Department of Health published in May of 2018, Japan Tobacco International paid for a radio advert encouraging the public to protest against the proposals restricting smoking in public places, introducing plain packaging, banning point-of-sale advertising and displays, and scrapping the sale of single cigarettes. <ref>[https://www.enca.com/news/campaign-against-anti-smoking-bill-intensifies Campaign against anti-smoking bill intensifies], ''ENCA'', August 2018, Accessed October 2018</ref> |
− | In December 2018, Dubai Duty Free partnered with Japan Tobacco International in a campaign that culminated in two sets of winners receiving a trip to London’s leading music destinations. The promotion, which took place at selected duty free locations around the world, was built around Winston’s associations with music and its existing partnership with London’s Ministry of Sound. <ref> | + | In December 2018, Dubai Duty Free has partnered with Japan Tobacco International in a campaign that culminated in two sets of winners receiving a trip to London’s leading music destinations. The promotion, which took place at selected duty free locations around the world, was built around Winston’s associations with music and its existing partnership with London’s Ministry of Sound. <ref> Teh Moodie Davitt Report, [https://www.moodiedavittreport.com/dubai-duty-free-partners-with-winston-for-sound-of-london-campaign/ Dubai Duty Free partners with Winston for ‘Sound of London’ campaign], 26 December 2018, Accessed December 2018</ref> |
− | + | In response to a study by the Coalition of Public Health Groups, that claimed tobacco companies pay social media and social media stars who have thousands of followers to subtly promote their tobacco products on Instagram, Twitter and other platforms, Japan Tobacco responded with: | |
+ | "JTI aims to switch existing adult smokers to our brands from those of our competitors responsibly. We operate in a legal and responsible way within each country’s regulations and our own global marketing principles require age verification on every occasion where JTI has contact with smokers to promote our products, including our adult-only events. The same age-verification principles apply to any event where we are feature our vapor products. In the US, we do not have a dedicated social media presence for our Logic vapor products, but if adult smokers or vapors choose to share their social activity, it is completely their choice." <ref>[http://www.cbs8.com/story/39420380/how-big-tobacco-is-using-social-media-to-lure-teens How Big Tobacco is using social media to lure teens], CBS 8, 6 November 2018, Accessed November 2018 </ref> | ||
− | JTI Encounters began as an event in Romania 2000 and hosted famous choreographers and ballet companies, including the Béjart Ballet Lausanne in 2000 and 2007, Alvin Ailey American Dance Theater, Les Ballets de Monte-Carlo, El Banch Ballet Nacional Chileno and Akram Khan Company. Over the years, “JTI Encounters”, which is a registered trademark, has become a firm fixture in Romania’s cultural calendar.{{r|JT_WEB_OUR-VIEWS_JTI-ENCOUNTERS}} | + | ===JTI Encounters=== |
+ | JTI Encounters began as an event in Romania 2000 and hosted famous choreographers and ballet companies, including the Béjart Ballet Lausanne in 2000 and 2007, Alvin Ailey American Dance Theater, Les Ballets de Monte-Carlo, El Banch Ballet Nacional Chileno and Akram Khan Company. Over the years, “JTI Encounters”, which is a registered trademark, has become a firm fixture in Romania’s cultural calendar, and the audiences eagerly await each annual edition. {{r|JT_WEB_OUR-VIEWS_JTI-ENCOUNTERS}} | ||
===Sponsorships=== | ===Sponsorships=== | ||
− | |||
− | Japan Tobacco International | + | Belgian authorities are alooking into an event organised in the European Parliament last year, which was sponsored by Japan Tobacco International. <ref> [https://euobserver.com/health/145285 Belgium prepares probe into Politico tobacco sponsorship], ''EU Observer'', 27 June 2019, Accessed 9 July 2019 </ref> |
− | Japan Tobacco International | + | Japan Tobacco International provides funding to the British Museum’s Asia department. <ref>[https://www.theartnewspaper.com/news/why-is-the-british-museum-still-accepting-tobacco-sponsorship Why is British Museum still accepting tobacco sponsorship?], ''The Art Newspaper'', 4 April 2019, Accessed April 2019 </ref> |
− | + | Japan Tobacco was one of the sponsors of the 2018 Middle East & Africa Duty Free Association (MEADFA) Conference was held in November 2018under the patronage of H.E. Mr. Saad Hariri, Lebanese President of the Council of Ministers, in Beirut, Lebanon. <ref>[https://www.moodiedavittreport.com/more-than-400-delegates-expected-at-meadfa-2018-in-beirut-this-november/ More than 400 delegates expected at MEADFA 2018 in Beirut this November], ''The Moodie Davitt Report'', October 2018, Accessed October 2018</ref> | |
− | Japan | + | In June 2018, the government of Japan passed tough anti-smoking law ahead of 2020 Summer Olympics Games, banning smoking in most of the city’s bars and restaurants in the run-up to the games. <ref> [https://www.reuters.com/article/us-japan-smokingban-tokyo/tokyo-passes-tough-anti-smoking-law-ahead-of-2020-olympics-idUSKBN1JN1LP Tokyo passes tough anti-smoking law ahead of 2020 Olympics], ''Reuters'', June 2018, Accessed October 2018</ref> |
− | + | Japan Tobacco International is a special partner of the International Theatre Festival in Sibiu (FITS), the most important annual theatre festival in Romania and the third in Europe. The company also support Transylvania International Film Festival in Cluj and RADIRO International Festival of Radio Orchestras. The company contributes to the following classical music national tours: “The Duel of Violins”, “Travelling Piano” and “Golden Flute”. | |
− | |||
− | |||
− | |||
− | Japan Tobacco International is a special partner of the International Theatre Festival in Sibiu (FITS), the most important annual | ||
The company is the official sponsor of “Gigi Caciuleanu Romania Dance Company”. {{r|JT_WEB_OUR-VIEWS_JTI-ENCOUNTERS}} | The company is the official sponsor of “Gigi Caciuleanu Romania Dance Company”. {{r|JT_WEB_OUR-VIEWS_JTI-ENCOUNTERS}} | ||
Line 629: | Line 685: | ||
Japan Tobacco International also contribute to another organization called Bílý kruh bezpečí (White Circle of Safety), which provides legal and psychological assistance to victims and witnesses of crimes. The organization consists of 12 branches in 9 regions. {{r|JT_WEB_OUR-VIEWS_RESPONSIBLE-COMPANY}} | Japan Tobacco International also contribute to another organization called Bílý kruh bezpečí (White Circle of Safety), which provides legal and psychological assistance to victims and witnesses of crimes. The organization consists of 12 branches in 9 regions. {{r|JT_WEB_OUR-VIEWS_RESPONSIBLE-COMPANY}} | ||
+ | |||
+ | In 2011, anti-smoking campaigners accused Japan Tobacco International of marketing products to teenage girls at World Cup volleyball. Japan Tobacco's logo appeared on the national team uniforms, court-side digital billboards, TV ads and “gift” packages handed out to schoolgirls, mothers and children entering Yoyogi National Stadium and arenas across Japan during the World Cup. Japan Tobacco also sponsored a national team starring the country’s top player, Yoshie Takeshita. <ref>[https://www.washingtontimes.com/news/2011/nov/24/japan-tobacco-accused-of-marketing-to-girls-at-wor/ Japan Tobacco accused of marketing to girls at World Cup volleyball], ''The Washington Times'', November 2011, Accessed September 2018 </REF> | ||
+ | |||
+ | ===Research and Development=== | ||
+ | Portal Chemical & Engineering News reported that representatives from [[British American Tobacco]], [[Japan Tobacco International]], Philip Morris International, and Reynolds American attended the annual meeting of the American Society for Cellular & Computational Toxicology focused on non-animal toxicology testing. The website cited the ultimate goal to: | ||
+ | "to convince officials at the U.S. Food & Drug Administration’s Center for Tobacco Products (CTP) that in vitro methods for predicting respiratory toxicology in humans are ready for prime time." <ref> [https://cen.acs.org/biological-chemistry/toxicology/Big-tobacco-embraces-vitro-toxicology/96/i43 Big tobacco embraces in vitro toxicology], ''Chemical & Engineering News'', October 2018, Accessed October 2018 </ref> | ||
===Corporate Social Responsibility=== | ===Corporate Social Responsibility=== | ||
− | + | The International Labour Organization has an existing public-private partnership with Japan Tobacco International to end child labour and promote fundamental principles and rights at work and occupational safety and health in Brazil, Malawi, United Republic of Tanzania and Zambia, and throughout its supply chain. The JTI is a member of the Eliminating Child Labour in Tobacco Growing Foundation (ECLT). To date, the amount of funding received from the JTI is over USD 10 million. The ECLT Board members include: International Tobacco Growers Association; Alliance One International; Altria Client Services; [[British American Tobacco]]; Contrax-Nicotex Tobacco; Hail & Cotton; [[Imperial Brands|Imperial Tobacco Group]]; Japan Tobacco International; [[Philip Morris International]]; Premium Tobacco; Scandinavian Tobacco Group; Sunel Ticaret Turk; Swedish Match; and Universal Leaf Tobacco. <ref> ILO, [https://www.ilo.org/wcmsp5/groups/public/---ed_norm/---relconf/documents/meetingdocument/wcms_545944.pdf ILO cooperation with the tobacco industry in the pursuit of the Organization’s social mandate], November 2017, p. 3, Accessed September 2018 </ref> The partnership has been ongoing since 2002 and seeks to eliminate child labour and promote workers’ rights in tobacco-growing communities in Brazil, Malawi, Tanzania, Uganda and Zambia. <ref> [https://www.swissinfo.ch/eng/international-geneva_should-the-ilo-maintain-financial-ties-to-the-tobacco-industry-/44506474 Should the ILO maintain financial ties to the tobacco industry?], ''Swiss Info'', October 2018, Accessed September 2018 </REF> In November 2018, over 100 health, development, labor, and corporate accountability organizations around the world called on the International Labour Organization to cut ties with the tobacco industry. <ref> Campaign for Tobacco-Free Kids, [https://www.tobaccofreekids.org/press-releases/2018_10_31_ilo Organizations Around the World Call on International Labour Organization to Sever Ties with Tobacco], November 2018, Accessed November 2018 </ref> According to a news article by France 24, the organization will not renew funding from tobacco companies for expiring charitable programmes, but refrained from saying it would cut ties to the tobacco industry altogether. <ref>[https://www.france24.com/en/20181108-ilo-postones-decision-cutting-ties-tobacco-industry-again ILO postones decision on cutting ties to tobacco industry again], France 24, November 2018, Accessed November 2018 </ref> In August 2018, Eddy Pirrad, President and CEO of [[Japan Tobacco International]] published a LinkedIn blog post on the company's ethical code of conduct, claiming that [[Japan Tobacco International]] operates "with the highest ethical standards". <ref>[https://www.linkedin.com/pulse/so-what-guides-someone-working-our-industry-eddy-pirard-1e/ LinkedIN], So, what guides someone working in our industry?, August 2018, Accessed March 2019</ref> | |
− | + | Japan Tobacco International estimates the share of the illegal cigarette market in Russia at 9 percent. The data was announced by the company's Vice President on taxation and fight illegal trade protection Brendan Lemul during the World Summit on Illegal Trade. <ref> [http://tass.ru/ekonomika/5738826 Эксперты: доля нелегальных сигарет в России в 2018 году оценивается в 9%], ''TASS.ru'', October 2018, Accessed November 2018 </ref> | |
− | + | ===Marketing to Kids=== | |
− | Japan Tobacco International | + | [https://www.tobaccofreekids.org/ Campaign for Tobacco-Free Kids] investigation into over 100 social media campaigns by [[Philip Morris International]], [[British American Tobacco]], Japan Tobacco International and [[Imperial Brands]] revealed tobacco companies pay social media influencers on platforms like Instagram, Facebook and Twitter to advertise their products. <ref>Campaign for Tobacco-Free Kids, [https://www.tobaccofreekids.org/press-releases/2018_08_27_ftc PRESS RELEASE New Investigation Exposes How Tobacco Companies Market Cigarettes on Social Media in the U.S. and Around the World],August 2018, Accessed October 2018 </ref> The investigation also exposed how tobacco companies market cigarettes on social media in the U.S. and globally revealed all four major tobacco companies are violating their own internal marketing standards. These standards state that Japan Tobacco International requires age verification in online ads. <ref>Campaign for Tobacco-Free Kids, [https://www.tobaccofreekids.org/press-releases/2018_08_27_ftc New Investigation Exposes How Tobacco Companies Market Cigarettes on Social Media in the U.S. and Around the World], August 2018, Accessed September 2018 </REF> |
− | Japan Tobacco International | + | Response from Japan Tobacco International: |
− | + | "JTI aims to switch existing adult smokers to our brands from those of our competitors responsibly. We operate in a legal and responsible way within each country’s regulations and our own global marketing principles require age verification on every occasion where JTI has contact with smokers to promote our products, including our adult-only events. The same age-verification principles apply to any event where we are feature our vapor products. In the US, we do not have a dedicated social media presence for our Logic vapor products, but if adult smokers or vapors choose to share their social activity, it is completely their choice." <ref> [http://www.cbs8.com/story/39420380/how-big-tobacco-is-using-social-media-to-lure-teens How Big Tobacco is using social media to lure teens], ''CBS 8'', 6 November 2018, Accessed November 2018 </ref> | |
− | + | ||
+ | In a separate investigation, Japan Tobacco International brands Winston and Camel were seen around schools in eight countries, while [[Imperial Brands|Imperial Tobacco]] were visible from schools in five countries. <ref> [https://www.cnbc.com/2018/03/09/cigarettes-children-are-being-exposed-to-tobacco-advertising.html Children around the world are being exposed to cigarette advertising near their schools], ''CNBC'', March 2018, Accessed September 2018 </REF> | ||
===Political Spending=== | ===Political Spending=== | ||
Line 650: | Line 713: | ||
===Investigations=== | ===Investigations=== | ||
− | + | According to the Independent, [[British American Tobacco]], [[Imperial Brands]], Japan Tobacco International and [[Philip Morris International]] have all shifted their corporate structures to minimise their tax bills in the United Kingdom, researchers from the University of Bath found. Despite being headquartered in Britain, Imperial Brands paid an effective rate of just 13 per cent over the past seven years, during which corporation tax has varied between 20 per cent and 28 per cent. British American Tobacco is also based in the UK but paid “virtually no” corporation tax over the same period, including four consecutive years (2011-14) where it paid nothing at all, the paper found. <ref> [https://www.independent.co.uk/news/business/news/tobacco-companies-uk-corporation-tax-profits-university-bath-study-a8764841.html Tobacco companies uk corporation tax profits university bath study], ''Independent'', 16 February 2019, Accessed April 2019 </ref> | |
− | + | ===Tobacco Litigation=== | |
− | + | A full list of tobacco industry litigation cases can be found [https://takeapartwiki.tobaccofreekids.org/index.php?title=Tobacco_Control_Litigation here]. | |
− | + | A Canadian court has upheld the bulk of a decision that ordered three tobacco companies to pay billions in damages. The judgment involves class action suits that were consolidated against Imperial Tobacco Canada, [[Philip Morris International|Rothmans Benson & Hedges]] and [[Japan Tobacco International|JTI-MacDonald]]. <ref>[https://www.bbc.com/news/world-us-canada-47409916 Canada appeals court orders tobacco firms to pay billions in damages], ''BBC'', 1 March 2019, Accessed April 2019 </ref> | |
− | Japan Tobacco International | + | In 2016, Japan Tobacco International and Others v. Ministry of Health (plain packaging laws), Japan Tobacco International, [[Philip Morris International]], [[British American Tobacco]] and others brought six legal challenges against France's plain packaging regulations. The Conseil d’Etat (the highest administrative jurisdiction in France) dismissed all six challenges, holding that to the extent there is any infringement of property rights, the infringement is justified by the public health objective. |
− | + | In 2015, Japan Tobacco International Ireland told Irish Ministers James Reilly and Leo Varadkar that it will take legal action if they fail to promise that no further steps will be taken to enact the draft plain packaging law. <ref> [https://www.irishtimes.com/news/politics/tobacco-giant-issues-legal-threat-over-plain-packaging-1.2106300 Tobacco giant issues legal threat over plain packaging], ''The Irish Times'', 17 February 2015, Accessed December 2018 </ref> | |
− | + | In 2014, Japan Tobacco International (Thailand) v. Minister of Public Health, Japan Tobacco challenged a requirement of 85 percent pack warnings. The Supreme Administrative Court found that the requirements are not outside the intended scope of the tobacco control law and allowed implementation of the pack warnings while the case is ongoing. Japan Tobacco challenged a requirement of 85 percent pack warnings. The Supreme Administrative Court found that the requirements are not outside the intended scope of the tobacco control law and allowed implementation of the pack warnings while the case is ongoing. | |
− | Japan Tobacco | ||
− | + | In 2012, Japan Tobacco International SA v. Commonwealth of Australia, Tobacco companies challenged the constitutionality of a law requiring "plain" packaging of tobacco products, including large pictorial health warnings. The High Court upheld the constitutionality of the law. The Court ruled that although the government had "taken" the property of the tobacco companies, there had been no "acquisition" because neither the Government nor any third party acquired any benefit as a result. | |
==Partners and Allies== | ==Partners and Allies== | ||
According to Transparency Register, in 2017 Japan Tobacco International disclosed it was a member of the following associations: | According to Transparency Register, in 2017 Japan Tobacco International disclosed it was a member of the following associations: | ||
− | * Confederation of European Community Cigarette Manufacturers <ref name="JTI_TREG"> Transparency Register, [ | + | * Confederation of European Community Cigarette Manufacturers <ref name="JTI_TREG"> Transparency Register, [http://ec.europa.eu/transparencyregister/public/consultation/displaylobbyist.do?id=71175716023-03 JT International], August 2018, Accessed September 2018 </REF> |
* European Smoking Tobacco Association {{r|JTI_TREG}} | * European Smoking Tobacco Association {{r|JTI_TREG}} | ||
* European Cigar Manufacturers Association {{r|JTI_TREG}} | * European Cigar Manufacturers Association {{r|JTI_TREG}} | ||
Line 685: | Line 747: | ||
* Consumer Choice Center {{r|JTI_TREG}} | * Consumer Choice Center {{r|JTI_TREG}} | ||
− | + | In October 2018, Japan Tobacco International rejoined the Association of the Tobacco Industry of Cambodia. <ref> [https://www.phnompenhpost.com/business/japan-tobacco-rejoins-kingdoms-atic Japan Tobacco rejoins Kingdom’s ATIC], The Phnom Penh Post, October 2018, Accessed October 2018 </ref> | |
− | + | [http://www.tobaccotactics.org Tobacco Tactics] reported a number of tobacco companies, including Japan Tobacco International were a donors to the Atlas Network in 2015 and 2016. According to the organization's Wiki "internal tobacco industry documents show the Atlas Network has had a longstanding funding relationship with the tobacco industry." <ref> Tobacco Tactics, [http://www.tobaccotactics.org/index.php?title=Atlas_Network#cite_note-six-8 Atlas Network], Accessed November 2018 </ref>. Full profile on the organization can be found [http://www.tobaccotactics.org/index.php?title=Atlas_Network#cite_note-six-8 here]. | |
− | + | Japan Tobacco International is a Platinum member of the [https://www.scottishshop.org.uk Scottish Grocers Federation], a front group 'promoting responsible community retailing by lobbying, communication, networking and advice.' As of 2018, British American Tobacco and Imperial were both listed as members on the organization's website. <ref> Scottish Grocers Federation, [https://www.scottishshop.org.uk/about/corporate-members-sgf Corporate Members], Accessed December 2018 </ref> | |
− | + | ===Lobbying=== | |
− | + | Think-tanks from multiple countries received funding from [[British American Tobacco]], Japan Tobacco International and [[Philip Morris International]], alongside governments as they argued against tobacco controls (James to enter individual countries). <ref> [https://www.theguardian.com/world/2019/jan/23/tobacco-industry-free-market-thinktanks-cigarette-controls Tobacco industry free market thinktanks cigarette controls], ''The Guardian'', 23 January 2019, Accessed April 2019 </ref> | |
− | |||
− | ==== | + | ====European Union==== |
− | + | In the European Union, Japan Tobacco International monitors a large number of European Union policies and actively engages in customs, justice and home affairs, enlargement, taxation, consumer affairs, public health, internal market, external trade and anti-illicit trade. Japan Tobacco International engages with European Union institutions either on its own or via trade associations. <ref name="JT_TransparencyRegister"> European Transparency Register, [http://ec.europa.eu/transparencyregister/public/consultation/displaylobbyist.do?id=71175716023-03 JT International], Accessed October 2018 </ref> | |
− | + | In 2017, the organization has paid between EUR 1,250,000 and EUR 1,499,999 on activities related to lobbying and registration fees within the European Union.{{r|JT_TransparencyRegister}} | |
− | |||
− | + | The organization employs five part-time and two full-time lobbyists. The European Union Register lists the following employees: | |
− | + | {| class="wikitable" | |
− | {| class="wikitable" style=" | + | ! style="font-weight:bold;width=10%" |Name |
− | + | ! style="font-weight:bold;width=10%" |Contract Status | |
− | + | ! style="font-weight:bold;width=20%" |Start Date | |
− | + | ! style="font-weight:bold;width=30%" |End Date | |
− | |||
− | ! End Date | ||
− | |||
− | |||
− | |||
− | |||
− | |||
|- | |- | ||
− | | | + | |Ksenija Barysiene {{r|JT_TransparencyRegister}} |
− | | | + | |Active |
− | | | + | |15 September 2018 |
− | | | + | |30 September 2019 |
|- | |- | ||
− | | | + | |Brian Dunphy {{r|JT_TransparencyRegister}} |
− | | | + | |Active |
− | | | + | |19 May 2018 |
− | | | + | |17 May 2019 |
|- | |- | ||
− | | | + | |Vlad Olteanu {{r|JT_TransparencyRegister}} |
− | | | + | |Active |
− | | | + | |30 January 2018 |
− | | | + | |29 January 2019 |
|- | |- | ||
− | | | + | |Delia Andreea Voica {{r|JT_TransparencyRegister}} |
− | | | + | |Active |
− | | | + | |15 September 2018 |
− | | | + | |30 September 2019 |
|- | |- | ||
|} | |} | ||
− | + | In December 2018, Japan Tobacco International's VP of Global Corporate Development for reduced Risk Products Ramunas Macius published a sponsored column in Politico, asking EU regulator to "... [look] how to enforce current requirements, develop new product standards and create an environment where adult smokers have access to an enlarged choice of better, safer products." <ref>[https://www.politico.eu/sponsored-content/time-to-reassess-vaping-regulations/ Time to reassess vaping regulations], ''Politico'', December 2018, Accessed March 2019 </ref> | |
− | |||
− | In December 2018, Japan Tobacco International's VP of Global Corporate Development for reduced Risk Products Ramunas Macius published a sponsored column in Politico, asking EU regulator to "... [look] how to enforce current requirements, develop new product standards and create an environment where adult smokers have access to an enlarged choice of better, safer products." <ref>[ | ||
− | |||
− | |||
− | |||
− | |||
− | |||
− | |||
− | |||
− | |||
− | |||
− | |||
− | |||
− | |||
− | |||
− | |||
− | |||
====United Kingdom==== | ====United Kingdom==== | ||
− | + | Japan Tobacco International treated Tory MPs GBP 50,000 worth of freebies at top events like the Wimbledon men’s final and the Chelsea Flower Show. <ref> [https://www.mirror.co.uk/news/uk-news/cigarette-firm-gives-tory-mps-4067079 Cigarette firm gives Tory MPs £50k worth of freebies as industry fights plain box laws], Mirror, Accessed December 2018 </ref> Scottish National Party accepted conference fees from Japan Tobacco International and [[Imperial Brands]]. Both companies were at the SNP Party Conference after buying "business day" passes advertised at GBP 1,750 each. <ref> [https://www.heraldscotland.com/news/16981736.snp-in-row-over-conference-fees-from-tobacco-giants/ SNP in row over conference fees from tobacco giants], ''The Herald'', October 2018, Accessed October 2018 </ref> | |
− | |||
− | |||
− | |||
− | |||
− | |||
− | |||
− | |||
====Unites States==== | ====Unites States==== | ||
− | + | In the United States, website Open Secrets lists one lobbyist: | |
{| class="wikitable" | {| class="wikitable" | ||
− | ! style="font-weight:bold;width=10%" | | + | ! style="font-weight:bold;width=10%" |Name |
− | ! style="font-weight:bold;width=10%" | | + | ! style="font-weight:bold;width=10%" |Contract Status |
− | + | ! style="font-weight:bold;width=20%" |Start Date | |
− | ! style="font-weight:bold;width= | + | ! style="font-weight:bold;width=30%" |End Date |
− | |||
− | |||
− | |||
− | |||
− | |||
− | |||
− | |||
− | |||
|- | |- | ||
+ | |[http://www.jenkinshillconsulting.com/ Jenkins Hill Consulting], Brad J Edwards <ref> Open Secrets, [https://www.opensecrets.org/lobby/clientsum.php?id=D000052512&year=2018 Japan Tobacco International], Accessed September 2018 </ref> | ||
+ | |Active | ||
+ | |NA | ||
+ | |NA | ||
|} | |} | ||
− | + | ===Human Resources=== | |
+ | [https://www.top-employers.com/en-US/ Top Employers Institute] recognised Japan Tobacco International as a leading employer of the year in three regions - Europe, Middle East and Asia Pacific. | ||
+ | <ref>Japan Tobacco International, [https://www.jti.com/our-views/newsroom/jti-certified-global-top-employer-third-consecutive-year JTI Certified Global Top Employer for the Third Consecutive Year], March 2017, Accessed October 2018 </ref> | ||
+ | ===Law firms=== | ||
{| class="wikitable" | {| class="wikitable" | ||
− | ! | + | ! style="font-weight:bold;width=10%" |Name |
+ | ! style="font-weight:bold;width=10%" |Contract Status | ||
+ | ! style="font-weight:bold;width=20%" |Notes | ||
|- | |- | ||
− | | | + | |[[rajadarrylloh.com.my/|Raja, Darryl & Loh]] |
+ | |NA | ||
+ | | Law firm for JT International Tobacco Sdn Bhd Malaysia. <ref name="JTI_TI"> Tobacco Industry Watch, [https://tobaccowatch.seatca.org/index.php/fact-figure/tobacco-industry/ti-supporter/law-firms/ Lawyers and Law Firms], Accessed December 2018 </ref> | ||
|- | |- | ||
− | | | + | |[https://www.thefirmva.com/ Villaraza & Angangco Law Office] (formerly CVC Law Center) |
+ | |NA | ||
+ | | Law firm for Japan Tobacco International Philippines. {{r|JTI_TI}} | ||
|- | |- | ||
− | |||
|} | |} | ||
− | === | + | ===Consultancies=== |
{| class="wikitable" | {| class="wikitable" | ||
− | ! style="font-weight:bold;width=10%" | | + | ! style="font-weight:bold;width=10%" |Name |
− | ! style="font-weight:bold;width=10%" | | + | ! style="font-weight:bold;width=10%" |Contract Status |
− | ! style="font-weight:bold;width=20%" | | + | ! style="font-weight:bold;width=20%" |Notes |
− | |||
|- | |- | ||
− | |Deloitte | + | |[https://www2.deloitte.com/au/en.html Deloitte] (2017) |
− | | | + | |Active |
− | | Deloitte Touche Tohmatsu Ltd are Japan Tobacco International's independent | + | | Deloitte Touche Tohmatsu Ltd are Japan Tobacco International's independent audtitors. {{r|JT_AR_2017|p=139}} |
− | |||
|- | |- | ||
− | |KPMG | + | |[https://home.kpmg.com/us/en/home.html KPMG] (2014) |
− | | | + | |NA |
− | | A KPMG conducted study for British American Tobacco, Imperial Tobacco, Japan Tobacco International and Philip Morris International that revealed one in every ten cigarettes consumed in the European Union in 2013 were illicit. <ref> Japan Tobacco International, [ | + | | A KPMG conducted a study for British American Tobacco, Imperial Tobacco, Japan Tobacco International and Philip Morris International that revealed one in every ten cigarettes consumed in the European Union in 2013 were illicit. <ref> Japan Tobacco International, [https://www.jti.com/our-views/newsroom/one-ten-cigarettes-consumed-eu-2013-were-illegal-dramatic-rise-consumption One in Ten Cigarettes Consumed in the EU in 2013 Were Illegal; Dramatic Rise in Consumption of ‘Illicit Whites’], June 2014, Accessed October 2018 </ref> |
− | |||
|- | |- | ||
− | |Institute for Democracy and Economic Affairs | + | |[http://www.ideas.org.my/ Institute for Democracy and Economic Affairs] (2015) |
− | | | + | |NA |
− | | According to Tobacco Watch, the Institute for Democracy and Economic Affairs started receiving funds from Japan Tobacco International and Philip Morris in 2015. That same year, the organization started publicly opposing tobacco control measures. <ref>Tobacco Watch, [ | + | | According to Tobacco Watch, the Institute for Democracy and Economic Affairs started receiving funds from Japan Tobacco International and Philip Morris in 2015. That same year, the organization started publicly opposing to tobacco control measures. <ref>Tobacco Watch, [https://tobaccowatch.seatca.org/index.php/fact-figure/tobacco-industry/ti-supporter/research-institutions/ Research Institutions and Researchers], Accessed November 2018 </ref> |
− | + | ||
|- | |- | ||
− | | | + | |} |
− | + | ||
− | + | ===Marketing, Communications and PR Companies=== | |
− | | | + | |
+ | {| class="wikitable" | ||
+ | ! style="font-weight:bold;width=10%" |Name | ||
+ | ! style="font-weight:bold;width=10%" |Contract Status | ||
+ | ! style="font-weight:bold;width=20%" |Notes | ||
+ | ! style="font-weight:bold;width=30%" |Other Clients | ||
|- | |- | ||
− | | | + | |[http://grey.com/mena Grey MENA] (2018) |
− | | | + | |Active |
− | | | + | |Grey Group Middle East and North Africa (MENA), has won Japan Tobacco Interntional's account, to develop its brand management and communication in the GCC region, with focus on Saudi Arabia. The Grey team will oversee JTI’s brand management and communication. <ref name="JTI_AM"> The Arabian Marketer, [https://arabianmarketer.ae/jti-awards-creative-mandate-to-grey-mena/ JTI Awards Creative Mandate To Grey MENA], April 2018, Accessed September 2018 </ref> |
− | |2018 | + | | Grey’s Beirut team has enlarged its portfolio in the tobacco industry, as it already holds the account of Nakhla Tobacco Company. {{r|JTI_AM}} |
+ | |||
+ | List of other clients include: | ||
+ | *Lego | ||
+ | *Panadol | ||
+ | *Danone | ||
+ | *Dubai Airports | ||
+ | *Intel | ||
+ | *Ministry of Health UAE <ref> Grey MENA, [http://grey.com/mena/work Work], Accessed 17 October 2018 </ref> | ||
|- | |- | ||
− | | | + | |[http://www.kantar.com/ Kantar Media] (2018) |
− | | | + | |NA |
− | | | + | |In 2018, Kantar was contracted to conduct an "independent" research for Japan Tobacco International on the national public opinion survey on the perception of plain packaging on tobacco one year after its implementation in the UK. <ref>Japan Tobacco International, [https://www.jti.com/sites/default/files/global-files/documents/related-documents/results-national-public-opinion-survey-perception-plain-packaging-UK.pdf Results of a national public opinion survey on the perception of plain packaging on tobacco one year after its implementation in the UK], May 2018, Accessed November 2018 </ref> |
− | |2018 | + | | |
+ | *Unilever | ||
+ | *Pepsico | ||
+ | *VW <ref>Kantar TNS Global, [http://www.tnsglobal.com/node/35117 Our clients], Accessed 1 November 2018 </ref> | ||
|- | |- | ||
− | | | + | |Ogilvy Action Taiwan |
− | | | + | |NA |
− | | | + | |Jeevan Jayakumar played a strategic role in the development and expansion of Ogilvy Action Taiwan while leading the British American Tobacco business relationship across APAC. <ref>[https://campaignbriefasia.com/2012/10/05/iris-singapore-appoints-jeevan/ IRIS SINGAPORE APPOINTS JEEVAN JAYAKUMAR AS BUSINESS DIRECTOR TO DRIVE CLIENT RELATIONSHIPS], ''Campaign Brief'', 5 October 2012, Accessed 7 May 2019 </ref> |
− | + | | | |
+ | *Unilever | ||
+ | *Pepsico | ||
+ | *VW <ref>Kantar TNS Global, [http://www.tnsglobal.com/node/35117 Our clients], Accessed November 2018 </ref> | ||
|- | |- | ||
|} | |} | ||
− | |||
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− | |||
− | |||
− | |||
− | |||
==References== | ==References== | ||
{{Reflist| | {{Reflist| | ||
− | refs= | + | refs=<ref name="JT_AR_2013"> Japan Tobacco International, [https://www.jt.com/investors/results/annual_report/pdf/2013/annual2013_E_all.pdf Annual Report 2013], Accessed September 2018</ref> |
<nowiki><ref name="JT_AR_2014">Japan Tobacco International, [https://www.jt.com/investors/results/annual_report/pdf/2014/annual.fy2014_E_all.pdf Annual Report 2014], Accessed September 2018</ref></nowiki> | <nowiki><ref name="JT_AR_2014">Japan Tobacco International, [https://www.jt.com/investors/results/annual_report/pdf/2014/annual.fy2014_E_all.pdf Annual Report 2014], Accessed September 2018</ref></nowiki> | ||
− | <ref name="JT_AR_2016">Japan Tobacco International, [https://www.jt.com/investors/results/annual_report/pdf/2016/annual.fy2016_E_all.pdf Annual Report FY2016] | + | <ref name="JT_AR_2015">Japan Tobacco International, [https://www.jt.com/investors/results/annual_report/pdf/2015/annual.fy2015_E_all.pdf Annual Report FY2015], Accessed September 2018</ref> |
− | <ref name="JT_AR_2017">Japan Tobacco International, [https://www.jt.com/investors/results/annual_report/pdf/2017/annual.fy2017_E_all.pdf Annual Report FY2017] | + | <ref name="JT_AR_2016">Japan Tobacco International, [https://www.jt.com/investors/results/annual_report/pdf/2016/annual.fy2016_E_all.pdf Annual Report FY2016] Accessed September 2018</ref> |
+ | <ref name="JT_AR_2017">Japan Tobacco International, [https://www.jt.com/investors/results/annual_report/pdf/2017/annual.fy2017_E_all.pdf Annual Report FY2017] Accessed September 2018</ref> | ||
<ref name="JT_WEB_ABOUT-US"> Japan Tobacco International, [https://www.jti.com/about-us About Us], Accessed September 2018</REF> | <ref name="JT_WEB_ABOUT-US"> Japan Tobacco International, [https://www.jti.com/about-us About Us], Accessed September 2018</REF> |