For Big Tobacco companies, providing alternatives to traditional cigarettes has become a necessity, and Japan Tobacco has taken note with the launch of its new Ploom Tech product. The tobacco-heating device now set to hit the Japanese market is expanding the company’s range of products. The “Reduced-Risk Products” sector, the official name for products that […]En savoir plus
Tags : Japan Tobacco
Tobacco giants throughout the world are feeling the burn of a global drop in cigarette sales. As a result, Japan Tobacco just announced a drop in forecasted earnings for 2018. They cited “market contraction” which are now forcing tobacco manufacturers to diversify. Japan Tobacco, the main cigarette producer in the Asian market, initially had projected […]En savoir plus
Japan Tobacco suffered last year from the decline in sales of tobacco products in Japan. Consequently, the group decided to act. The company has set its sights on the international market, and is notably counting on the food and pharmaceutical industries to improve its 2018 earnings. On the whole in 2017, Japan Tobacco posted a […]En savoir plus
Japan Tobacco, which is the world’s number 3 tobacco company intends to be the number 1 in the Japanese heat sticks market within the next 3 years and is therefore developing Ploom but also other vaping products. All options are analyzed to achieve this growth: organic growth, mergers and acquisitions in emerging markets, investment in start-ups specialized in alternative tobacco products, etc.En savoir plus
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