business

Japan Tobacco buys Russia's fourth-largest cigarette maker

7 Comments
By Behrouz Mehri

The requested article has expired, and is no longer available. Any related articles, and user comments are shown below.

© 2018 AFP

©2021 GPlusMedia Inc.

7 Comments
Login to comment

A lot of high and might types around here. I guess prohabiti and taxing poor people are good things right? Nicotine is an amazing appetite suppressant,and in a safer delivery system like iQOS, you can probably live healthier than if you didn't smoke and were overweight.

Look up NASH, non alcohol sclerosis of the liver. We are replacing one vice with another. Tobacco with food.

-1 ( +0 / -1 )

@ cracaphat

The trend towards smoking less will never take foot wholly in Japan.Not with the govt, big business and the medical field making so much money from people smoking

What has a trend towards smoking less to do with government, big business and the medical field?

https://www.statista.com/statistics/259204/leading-10-tobacco-companies-worldwide-based-on-net-sales/

Look at these figures and absorb that the biggest stake of the global tobacco biz is owned by American and British companies with Japan Tobacco as a mediocre player and the smallest three being Indian, Indonesian and Korean.

The trend towards smoking less is not in all developed nation taking place and figures show that in some countries the habit is increasing again.

It may be so that Japan Tobacco buys a firm in a transition country but firms from countries like the US and the UK, where you've the loudest barking against smoking make the highest profits in developed and development countries. Sounds pretty hypocrite isn't it? :)

0 ( +0 / -0 )

More like 'demonstrates our commitment to' increase lung cancer rates all over the world.

1 ( +1 / -0 )

Risky move investing in Russia.  They already too Hoppo Ryodo away.  JT is in the tobacco business so it invests in that business - I don't get the outrage on here that it should be doing so.  As for the J government shareholding, so what?  would you rather it invested in arms companies?  booze companies?  whaling ships?  childcare?  healthcare?

Oh, wait, those last two are actually good.

0 ( +0 / -0 )

Russia has cancer rates far higher than most other developed societies. One reason is the prevalence of cigarette smoking. JT (and by extension the Japanese government) is keen to profit off this situation and send more people to their graves.

2 ( +4 / -2 )

What a joke ! What is the government going to invest in next, asbestos mines?

4 ( +6 / -2 )

The trend towards smoking less will never take foot wholly in Japan.Not with the govt, big business and the medical field making so much money from people smoking.A family member came over last December and he was just drooling at how people can still smoke in cafes and restaurants and at the ridiculous price of ciggies.For the price of a pack back home,he could get FIVE packs here.He almost wanted to stay just for that.

5 ( +7 / -2 )

Login to leave a comment

Facebook users

Use your Facebook account to login or register with JapanToday. By doing so, you will also receive an email inviting you to receive our news alerts.

Facebook Connect

Login with your JapanToday account

User registration

Articles, Offers & Useful Resources

A mix of what's trending on our other sites