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...The Russia division of Japan Tobacco International, the only big cigarette group that has not committed to seek an exit from the country, last year paid $180mn to its sole shareholder JTI Germany, with 20...
...Financially, big tobacco has adopted a cash cow strategy....
...“The purse strings will not loosen until the wage hikes permeate and people feel less insecure about their future,” says Masamichi Terabatake, chief executive of Japan Tobacco....
...Japan Tobacco International, the biggest tobacco group in Russia, never vowed to sell its Russian business, which accounts for 10 per cent of group revenues and 24 per cent of adjusted profits....
...(It dwarfs last year’s biggest global buyout — the $14bn paid for Toshiba by Japan Industrial Partners). But in most other respects, private equity has been transformed over the past three decades....
...Indian telco Bharti Airtel and Japan’s Daiichi Sankyo, Denso, Japan Tobacco, Mitsubishi Electric and Mitsui & Co announce second-quarter earnings....
..., petrol and diesel products as well as airline ticket and hotel costs, to assist the central bank and economists to more accurately forecast quarterly headline inflation.Corporate results: Japan’s Mitsubishi...
...Japan is having to rethink its business models as the world’s fastest-ageing society runs out of workers....
...Japan Tobacco International, the biggest cigarette maker in Russia, has never promised to exit the country and Marlboro maker Philip Morris International previously told the FT it would “rather keep” its...
...balance figures (AM local time) UK: Royal Institute of Chartered Surveyors House Price Survey Results: Anglo American Q4 production report, Allstate Q4, ArcelorMittal Q4, AstraZeneca Q4, British American Tobacco...
...Olczak last month pointed to the success of countries like Japan and Sweden in switching smokers from cigarettes to alternatives. Reduced- harm options are controversial but present fewer health risks....
...Hedge funds eye Korea, a new frontier for gains As authorities in Japan push for corporate governance reforms, shares are soaring....
...Marlboro maker Philip Morris International has announced plans to leave Russia but has yet to do so, while Japan Tobacco, which had a 40 per cent market share in the territory, has suspended new investments...
...SSP Group FY Wednesday Australia: Q3 GDP figures Germany: Monthly industrial orders data UK: Bank of England publishes its latest twice-yearly Financial Stability Report Results: British American Tobacco...
...The return of wealthy tourists, especially from China, and a weak yen has helped Japan escape the luxury downturn....
...Japan Tobacco will have a 25 per cent stake. Altria has historically struggled in the smoke-free tobacco market despite massive financial investment....
...The likes of Philip Morris, British American Tobacco and Japan Tobacco International all have their own vaping brands, with names such as Veev and Vuse....
...Japan is set to become the undisputed home of games hardware again after Microsoft signalled it was easing off its 23-year competition with Sony and Nintendo....
...The joint venture is centred on two products: Japan Tobacco’s heated tobacco stick Ploom and Altria’s Marlboro-branded heated tobacco products....
...That’s bad news for British American Tobacco, which hoped alternative nicotine products would more than make up for lost tobacco sales....
...Juul executives have sounded out tobacco companies including Japan Tobacco and Philip Morris International in recent months about a possible investment, sale or licensing agreement, according to people briefed...
...Japan Tobacco does not plan to leave and British American Tobacco has struggled to get a sale over the line, although it said this month it was in “advanced talks”....
...Supposedly, this is the most expensive movie in Japan’s history. Studio Ghibli has notoriously put out films that were the highest grossing in Japan at the time they were released....
...Japan is the joker in the pack. The markets have been pedalling back aggressive rate hike expectations for the Bank of Japan....
...Last year, Altria ended its non-compete agreement with Juul and launched a joint venture with Japan Tobacco focused on heated tobacco products....
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