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Philip Morris to phase out cigarettes in Japan within decade

The head of tobacco giant Philip Morris said the company will phase out conventional cigarettes in Japan within 10 years, in an interview with the Nikkei business daily published Friday.

The Marlboro maker announced in 2016 a long-term goal to stop selling cigarettes and replace them with alternatives that it says are less harmful -- but this is the first time it has given a clear deadline.

 

"We want Japan to be the first market" for the phase-out, newly appointed CEO Jacek Olczak told the Nikkei in an interview published in Japanese.

Japan model in smoking rate reduction – expert

The introduction of noncombustible alternatives in Japan in 2014 helped reduce smoking rate in the world’s largest market of heated tobacco products (HTPs) by nearly a third in a span of three to four years, according to a public health expert.

Kumamaru Hiroya, vice director of the AOI Universal Hospital in Kawasaki, said nicotine replacement therapy (NTP), such as nicotine patches, has proved ineffective in reducing the smoking rate in Japan.

Seizures of liquid marijuana surging in Japan

The amount of liquid marijuana seized in Japan has been surging, putting police and customs authorities on high alert.

The estimated amount of marijuana in liquid form confiscated by Tokyo Customs in 2020 jumped nearly 70 times from the previous year’s level. A customs official described the situation as “an explosive increase.”

The liquid extracted from marijuana plants has a higher content of hallucinogenic tetrahydrocannabinol, or THC, than dried cannabis and can be used in a similar way to electronic cigarettes.

 

Sales of Conventional Cigarettes in Japan Reduce by 34% Since Launch of Heated Tobacco Products

Frost & Sullivan's latest thought leadership white paper, Tobacco Harm Reduction and Novel Nicotine and Tobacco Products: Evidence from the Japanese Market, written in collaboration with Philip Morris International, covers the impact of the commercial launch of NNTPs on tobacco use in Japan and discusses the regulatory approach that the Japanese government is taking with regard to these products. It focuses on the Japanese market because HTPs have been commercially available in the country since 2013, and Japan is the largest market for HTPs, despite the absence of a formal THR policy to encourage this.

Japan's male smoking rate drops below 30% for first time

Japan’s male smoking rate fell below 30 percent for the first time last year, slipping to 28.8 percent, down 2.3 points from the previous study in 2016, a health ministry survey found.

The national livelihood survey, conducted every three years by the Health, Labor and Welfare Ministry, also found that the female smoking rate fell 0.7 point to 8.8 percent.

Japan’s ban on smoking inside restaurants and bars takes effect this week

People will no longer be allowed to smoke in most restaurants and bars in Japan starting Wednesday, according to the Ministry of Health, Labour and Welfare.

The ban, which includes heated tobacco like cigarettes and cigars but not e-cigarettes, protects people “who want to avoid getting exposed to secondhand tobacco smoke,” according to a health ministry document explaining the law.

It’s part of a revised Health Promotion Law passed in 2018. [...]

Japan Tobacco ratchets up smokeless war with new products

Japan Tobacco Inc (2914.T) on Thursday unveiled two “heat-not-burn” products, as it races against market leader Philip Morris International Inc (PM.N) for a larger share of the vaping space with conventional cigarettes steadily falling out of favor. Despite commanding 60 percent of the local cigarette market, Japan Tobacco has been caught on the wrong side of the rising popularity of heat-not-burn (HNB) alternatives and has lagged in the category in its own backyard versus the Marlboro maker.

Japan Tobacco buying Bangladesh Akij's tobacco business for $1.5 billion

Japan Tobacco Inc is buying the tobacco business of Bangladesh’s Akij Group for around $1.5 billion, its second major purchase in five months as the world’s third-biggest cigarette maker seeks new growth markets to offset shrinking sales at home. “With this investment, we continue to accelerate our expansion in emerging markets that matter, a key component of Japan Tobacco Group’s growth strategy,” Japan Tobacco said in a statement on Monday.

Can Philip Morris Provide Some Positive iQOS News In The Second Quarter?

Philip Morris International (NYSE:PM) is set to release its second quarter earnings on July 19, wherein revenue and EPS growth of 9.4% and 8.8% are expected, as compared to the corresponding quarter of the previous year. Revenue growth is set to be driven by increased sales of its reduced risk products (RRPs), iQOS in particular, as well as price increases, while a reduction in the tax rate is expected to be the primary driver in the earnings improvement. 

Japan’s watered-down smoking ban clears Diet

The Diet on Wednesday passed an amendment that will ban smoking in public facilities for the first time as the nation — long deemed a haven for smokers — scrambles to combat secondhand smoke in the lead-up to the 2020 Tokyo Games.

The ban will be implemented in stages, coming into full force by April 2020. The revision to the Health Promotion Law, however, has been significantly watered down from the health ministry’s original proposal, falling short of a comprehensive smoking ban in restaurants and bars.