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Japan Tobacco Inc.
Type Public KK (TYO: 2914)
Founded 1985
Headquarters Tokyo, Japan
Key people Yoji Wakui, Chairman
Hiroshi Kimura, President & CEO
Pierre de Labouchere, CEO of JT International SA
Industry Tobacco, Pharmaceuticals, Food
Products See below
Revenue ¥4,637.657 billion JPY (2005)
Net income ¥201.542 billion JPY (2005)
Employees 31,476 (2005)
Website www.JT.com

Japan Tobacco Inc. (日本たばこ産業株式会社 Nihon Tabako Sangyō Kabushiki-gaisha?, TYO: 2914), JT for short, is a cigarette manufacturing company. It is part of the Nikkei 225 index. It is the only Japanese and one of the 59 global brands to be in the VB.com Internet Hall of Fame owning a two letter domain name.[1] In 2009 the company is listed at number 312 on the Fortune 500 list. It has its headquarters in Minato, Tokyo.[2]

Contents

History

The company traces its origins to 1898. Incorporated in 1949 as the Japan Tobacco and Salt Public Corporation (日本専売公社 Nippon Senbai Kōsha?), Japan Tobacco was a state monopoly until 1985, when it became a public company.

It was two-thirds owned by the Japanese Ministry of Finance until June 2004, and the Japanese government share is presently 50%. JT International (JTI), acquired in 1999 from R.J. Reynolds, is an operating division of Japan Tobacco Inc., handling the international production, marketing and sales of the group's cigarette brands. It sells Camel, Salem, and Winston brands outside the USA.

Japan Tobacco also operates in foods, pharmaceuticals, agribusiness, engineering, and real estate. Japan Tobacco completed the largest ever foreign takeover in Japanese history through acquisition of Gallaher Group plc in April 2007.[3]

Japan Tobacco runs the Tobacco and Salt Museum in Tokyo.

Market

Japan Tobacco controls 66.4% of the cigarette market in Japan and will seek more takeovers from 2009 to build on the 1.4 trillion JPY (USD 15 billion) purchase of Gallaher Group, with President Hiroshi Kimura commenting that further acquisitions would be appropriate after the full integration of Gallaher by 2009.[4][5]

Brands

The Japan Tobacco headquarters building in Tokyo

JT flagship brands

Other JT flagship brands

Other brands

  • Dorchester
  • Embassy
  • Export A
  • Frontier
  • Fusion
  • Genghis Khan
  • Gold Coast
  • Hi-Lite
  • Islands
  • Kool
  • Kosmos
  • Luch
  • Lviv
  • MacDonald
  • Magna
  • Mercedes
  • Mi-Ne
  • Monte Carlo
  • More
  • Nasha Prima
  • Nevskie
  • North Star
  • Now

Smoking etiquette posters

JTI runs a series of surreal posters designed to educate smokers about the finer points of smoking etiquette.

Environmental record

Japan Tobacco had recent health issues involving their company. Contaminated gyoza dumplings made by a Chinese company's factory in China, which sold its products to JT, poisoned ten people, including a five year old girl who has now recovered. Thousands of other Japanese people were going to the hospital because of stomach issues as well. A number of dumplings were found containing dichlorvos and methamidophos from pesticide.[6] The health minister of Japan said the contamination at the Chinese factory was possibly intentional, and the police are investigating for an attempted homicide.[6] The dumplings were from China, but Japan Tobacco has said it does not plan to cease its manufacturing in China. Frozen food sales went down by 60% for the business since this health scare.[7] Japan Tobacco's stock price fell 7.1% after they were forced to recall their products, and the company also lost a $500 million merger deal with Nissin Foods because of this occurrence.[8]

See also

References

External links








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