Japan Tobacco International

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Japan Tobacco International
Industry Tobacco
Founded 1999
Headquarters Geneva, Switzerland
Key people

Eddy Pirard President and CEO

Masamichi Terabatake Deputy CEO, Executive Vice President, Emerging Products & Corporate Strategy
Products Cigarettes, roll-your-own tobacco, snus, pipe tobacco, cigars[1]
Number of employees
25,000 (2011)[2]
Website www.jti.com

JTI - Japan Tobacco International is the international tobacco division of Japan Tobacco,[3] a leading international tobacco product manufacturer. The company is headquartered in Geneva, Switzerland and sells its brands in 120 countries.

As of 2011, JTI employed about 25,000 people around the world at 90 offices, 24 factories (producing cigarettes), six research & development centers and five tobacco processing facilities.[4]

Eddy Pirard is the President and CEO and Masamichi Terabatake is the Deputy CEO, Executive Vice President, Emerging Products & Corporate Strategy.[5]

History[edit]

JTI was formed in 1999 when Japan Tobacco Inc. purchased the international tobacco operations of the US multinational R.J. Reynolds for $ 7.8 billion.

In 2007, Gallaher Group, a FTSE 100 business, was acquired by Japan Tobacco Inc. for GBP 9.4 billion. At the time, this was the largest foreign acquisition by a Japanese company.

In 2009, the JT Group acquired part of the worldwide business of Tribac Leaf Limited (a company that trades tobacco in Africa), as well as two Brazilian companies active in the tobacco business, Kannenberg and KBH&C. In the same year, the JT Group also set up JTI Leaf Services, a joint venture with two leaf suppliers in the US – Hail & Cotton Inc. and JEB International.[6]

Canadian class action lawsuit[edit]

The three largest Canadian tobacco companies, Imperial Tobacco Canada, JTI-Macdonald Corp and Rothmans Benson & Hedges, are the subject of the largest class action lawsuit in Canadian history. The case started on 12 March 2012 in Quebec Superior Court, and the companies face a potential payout of C$27 billion (US $27.30 billion) in damages and penalties. In addition, a number of Canadian provinces are teaming up to sue tobacco companies to recover healthcare costs caused by smoking.[7]

On 1 June 2015, Québec Superior Court Justice Brian Riordan has awarded more than $15 billion to Quebec smokers in a landmark case that pitted them against three Canadian cigarette giants, including JTI-Macdonald Corp.[8][9] JTI was ordered to pay 13% of the total, or C$2bn. The company stated “JTI-Macdonald Corp fundamentally disagrees with today’s judgment and intends to file an appeal,” it said. “The company strongly believes that the evidence presented at trial does not justify the court’s conclusions.” The plaintiffs in the court case stated that even if an appeal was lodged, the companies were required to pay C$1bn within 60 days.[10]

Brands[edit]

Global flagship brands[edit]

These brands account for 71% of JTI's sales:[11]

Other tobacco products[edit]

  • Hamlet
  • Old Holborn
  • Amber Leaf
  • Gustavus Snus
  • Wings

Other brands[edit]

JTI also has a portfolio of cigarette brands that the company markets regionally.

Notes and references[edit]

  1. ^ "Japan Tobacco International Products: Cigarettes, Cigars, Tobacco & Snus". Jti.com. Retrieved 2015-03-10. 
  2. ^ "Japan Tobacco International Facts & Figures | Who is involved". Jti.com. Retrieved 2015-03-10. 
  3. ^ "JT Global Site". Jt.com. Retrieved 2015-03-10. 
  4. ^ "Japan Tobacco International Facts & Figures | Where". Jti.com. Retrieved 2015-03-10. 
  5. ^ Japan Tobacco International "Archived copy". Archived from the original on 2012-09-29. Retrieved 2012-09-26.  Retrieved on 8 May 2015.
  6. ^ "Japan Tobacco International Facts & Figures | When | Historic Dates". Jti.com. Retrieved 2015-03-10. 
  7. ^ Reuters C$27 billion suit vs Big Tobacco starts in 13 March 2012 Retrieved on 27 September 2012.
  8. ^ CTV News Judge awards $15 billion to Quebec smokers Retrieved on 1 June 2015.
  9. ^ CBC News Tobacco companies ordered to pay $15B in damages Retrieved on 1 June 2015.
  10. ^ Rankin, Jennifer Tobacco giants vow to fight Canadian judgment handing C$15bn to smokers, The Guardian, 2 June 2015. Retrieved on 11 September 2015.
  11. ^ "Our brands". Japan Tobacco International – a global tobacco company. Retrieved 2018-04-29. 

External links[edit]