Japan Tobacco

Latest articles

7h
Inquirier.net
JTI seeks clearance for Mighty dealThe Philippine unit of Japan Tobacco Inc. has sought clearance from the country
Inquirier.net / Posted 7 hours ago
The Philippine unit of Japan Tobacco Inc. has sought clearance from the country’s antitrust body for its purchase of homegrown Mighty Corp.’s assets and distribution network. If cleared, the transaction will officially be a done deal by next... Read more
13h
Tax-News.com
Mighty Corporation Settles Tax Dispute With Filipino GovernmentRevenue to accept the firm's settlement offer of PHP25bn (USD494.9m), which is
Tax-News.com / Posted 13 hours ago
Revenue to accept the firm's settlement offer of PHP25bn (USD494.9m), which is to be financed by the sale of the company to Japan Tobacco International Philippines. Part of the proceeds from the settlement, which the President described as a... Read more
2d
Inquirier.net
DOF to heed Duterte order to settle with Mightysettlement amount will be funded by the proceeds from the P45-billion sale of M
Inquirier.net / Posted 2 days ago
settlement amount will be funded by the proceeds from the P45-billion sale of Mighty’s assets and distribution network to Japan Tobacco International Philippines. Last week, the DOF through the BIR accepted a P3.44-billion initial payment from... Read more
9 related articles
2d
Inquirier.net
DOF to heed Duterte order to settle with Mighty Corp.Mighty. The tax settlement amount will be funded by the P45-billion sale of Mi
Inquirier.net / Posted 2 days ago
Mighty. The tax settlement amount will be funded by the P45-billion sale of Mighty’s assets and distribution network to Japan Tobacco International Philippines. Last week, the DOF through the BIR accepted an initial P3.44-billion payment from... Read more
9 related articles
3d
The Manila Times
Mighty Corp asset sale needs PCC nodfull collection will depend on how fast the Philippine Competition Commission a
The Manila Times / Posted 3 days ago
full collection will depend on how fast the Philippine Competition Commission approves the sale of Mighty’s assets to the Japan Tobacco International whose largest shareholder, incidentally, is the Japanese government, Dominguez said in a speech... Read more
9 related articles
3d
Pilipino Star
Mighty offer needs PCC review — DOFwill still depend on the approval of the Philippine Competition Commission (PCC
Pilipino Star / Posted 3 days ago
will still depend on the approval of the Philippine Competition Commission (PCC) on the sale of the company’s business to Japan Tobacco International (JTI) Philippines Inc., the Department of Finance (DOF) said yesterday. Finance Secretary Carlos... Read more
9 related articles
3d
Rappler
Duterte accepts Mighty Corp's P25-B tax settlement offerproposal to the BIR on July 10, offering the P25-billion settlement to be funde
Rappler / Posted 3 days ago
proposal to the BIR on July 10, offering the P25-billion settlement to be funded by the P45-billion sale of its company to Japan Tobacco International. Mighty is facing 3 tax complaints before the Department of Justice (DOJ), totaling P37.88... Read more
9 related articles
3d
Manila Standard Today
Dominguez: Mighty’s P45-b deal needs PCC nodwill depend on how swiftly the Philippine Competition Commission can approve th
Manila Standard Today / Posted 3 days ago
will depend on how swiftly the Philippine Competition Commission can approve the sale of the cigarette company’s assets to Japan Tobacco International. Dominguez said Mighty’s offer to settle its tax liabilities for P25 billion would rise to... Read more
9 related articles
3d
Inquirier.net
‘Biggest tax settlement on record’: Duterte accepts Mighty offerMighty. The tax settlement amount will be funded by the P45-billion sale of Mi
Inquirier.net / Posted 3 days ago
Mighty. The tax settlement amount will be funded by the P45-billion sale of Mighty’s assets and distribution network to Japan Tobacco International Philippines. ADVERTISEMENT Last week, the DOF through the BIR accepted an initial P3.44-billion... Read more
9 related articles
3d
Inquirier.net
Mighty’s P30B tax to wipe out revenue under-collection in 1st half of 2017how swiftly the Philippine Competition Commission (PCC) can approve the sale of
Inquirier.net / Posted 3 days ago
how swiftly the Philippine Competition Commission (PCC) can approve the sale of the homegrown cigarette company’s assets to Japan Tobacco International (JTI).” “This will be the largest sum of taxes collected ever from a single taxpayer in... Read more
5 related articles
4d
Manila Standard Today
Criminal cases vs Mighty to staybillion from Mighty, representing a portion of its tax liabilities to the gover
Manila Standard Today / Posted 4 days ago
billion from Mighty, representing a portion of its tax liabilities to the government. The amount would actually come from Japan Tobacco International, which agreed to buy Mighty Corp. and its assets for P45 billion. “We are studying it. But... Read more
9 related articles
7d
The Manila Times
Govt accepts P3.5-B initial settlement from Mightywas in talks with Mighty on the sale of the local cigarette maker’s manufacturi
The Manila Times / Posted 7 days ago
was in talks with Mighty on the sale of the local cigarette maker’s manufacturing and distribution business and assets to Japan Tobacco. Mighty earlier said that its settlement offer sum would be funded by means of an “interim loan” from JTI and... Read more
4 related articles
7d
Manila Standard Today
Finance to receive P3.5b from Mightyits tax liabilities to the government, Secretary Carlos Dominguez III said Thur
Manila Standard Today / Posted 7 days ago
its tax liabilities to the government, Secretary Carlos Dominguez III said Thursday. The amount would actually come from Japan Tobacco International, which agreed to buy Mighty Corp. and its assets for P45 billion. Dominguez said the acceptance... Read more
4 related articles
7d
Newsmax
Tobacco Industry Blocking Anti-Smoking Moves: WHOcorporate lobbying and litigation. Countries with partly state-owned tobacco c
Newsmax / Posted 7 days ago
corporate lobbying and litigation. Countries with partly state-owned tobacco companies, such as Japan which has a stake in Japan Tobacco Inc, should "firewall" their health policy-setting from their commercial interests, the United Nations agency... Read more
7d
Inquirier.net
Gov’t to accept P3.44-B from Mighty but execs not off the hook – DOFhook. In a statement, Dominguez said the Department of Finance would receive a
Inquirier.net / Posted 7 days ago
hook. In a statement, Dominguez said the Department of Finance would receive an initial payment of P3.44 billion from the Japan Tobacco International’s Philippine unit, which deposited a manager’s check Thursday at the Land Bank of the Philippines... Read more
4 related articles
7d
Eye Witness News
WHO: Tobacco industry blocking anti-smoking movescorporate lobbying and litigation. Countries with partly state-owned tobacco c
Eye Witness News / Posted 7 days ago
corporate lobbying and litigation. Countries with partly state-owned tobacco companies, such as Japan which has a stake in Japan Tobacco Inc, should “firewall” their health policy-setting from their commercial interests, the United Nations agency... Read more
8d
DW
WHO: Tobacco lobby blocking anti-smoking measures |health policy decisions from their commercial interests. One example is Japan,
DW / Posted 8 days ago
health policy decisions from their commercial interests. One example is Japan, where the government has a stake in Japan Tobacco Inc. "I think in this special situation there might be a conflict of interest in economic revenues from a... Read more
10d
Daily Mirror
Fake cigarettes could contain mould, asbestos and even human pooa year selling illegal cigarettes with a third of smokers saying they have been
Daily Mirror / Posted 10 days ago
a year selling illegal cigarettes with a third of smokers saying they have been offered products. In May, a study by Japan Tobacco International (JTI) confirmed Cllr Butt’s concerns after it revealed that the ingredients in many of the “under... Read more
10d
Pilipino Star
Settlementto settle for. A number of significant corporate developments happened since.
Pilipino Star / Posted 10 days ago
to settle for. A number of significant corporate developments happened since. Two international cigarette makers – Japan Tobacco Inc. (JTI) and British American Tobacco (BAT) – initiated moves to acquire Mighty Corporation and settle its... Read more
12d
Pilipino Star
Engine of growthof the head of the BIR Large Taxpayers Service. No brainer A few days ago, Mig
Pilipino Star / Posted 12 days ago
of the head of the BIR Large Taxpayers Service. No brainer A few days ago, Mighty Corp. announced that it is in talks with Japan Tobacco International’s local unit for the sale of its cigarette manufacturing and distribution business for P45... Read more
13d
Inquirier.net
PH shares slide back to 7,800as the assets of key rival Mighty Corp. have been put up for sale to cover tax
Inquirier.net / Posted 13 days ago
as the assets of key rival Mighty Corp. have been put up for sale to cover tax liabilities. It was earlier reported that Japan Tobacco will acquire the beleaguered cigarette-maker for P45 billion. Telecom giant PLDT was up by 1.18 percent while... Read more
13d
Inquirier.net
PSEi falls to 7,800as the assets of key rival Mighty Corp. have been put up for sale to cover tax
Inquirier.net / Posted 13 days ago
as the assets of key rival Mighty Corp. have been put up for sale to cover tax liabilities. It was earlier reported that Japan Tobacco will acquire the beleaguered cigarette-maker for P45 billion. ADVERTISEMENT Telecom giant PLDT was up by 1.18... Read more
14d
The Manila Times
Japan Tobacco confirms talks to buy MightyJAPAN Tobacco International (JTI) on Thurs-day confirmed it was in talks with M
The Manila Times / Posted 14 days ago
JAPAN Tobacco International (JTI) on Thurs-day confirmed it was in talks with Mighty Corp. regarding the sale of the local cigarette maker’s manufacturing and distribution business and assets, but clarified there was no formal agreement yet between... Read more
6 related articles
14d
Pilipino Star
Index tumbles on technical correctionwas LT Group, the holding company of taipan Lucio Tan, which shares went up 6.9
Pilipino Star / Posted 14 days ago
was LT Group, the holding company of taipan Lucio Tan, which shares went up 6.94 percent to P16.64 per share on news that Japan Tobacco Inc. is in talks to acquire Mighty Corp. for P45 billion. Traders said JTI is expected to adhere to proper... Read more
14d
Pilipino Star
Our presidents were jailed for lessas a P12.88-billion discount? Note that the P3.5 billion will be paid on or be
Pilipino Star / Posted 14 days ago
as a P12.88-billion discount? Note that the P3.5 billion will be paid on or before July 20 when Mighty Corp. sells out to Japan Tobacco Industry or four days before the second SONA or State of the Nation Address of President Duterte. Feng Shui or... Read more
14d
Manila Standard Today
Japan Tobacco confirms talks to acquire MightyJapan Tobacco International Inc. on Thursday confirmed that it is in talks to a
Manila Standard Today / Posted 14 days ago
Japan Tobacco International Inc. on Thursday confirmed that it is in talks to acquire local cigarette manufacturer Mighty Corp. “We can confirm that we have entered into exclusive talks with Mighty Corp. on the sale of its cigarette manufacturing... Read more
6 related articles
15d
Inquirier.net
Mighty offers P25B to settle casesHomegrown cigarette manufacturer Mighty Corp. will sell its assets to the local
Inquirier.net / Posted 15 days ago
Homegrown cigarette manufacturer Mighty Corp. will sell its assets to the local unit of Japan Tobacco International for P45 billion to settle its tax liabilities, an offer which the Department of Finance yesterday said it was studying. The DOF... Read more
6 related articles
15d
The Manila Times
DoF studying Mighty’s P25-B settlement offerand distribution business and assets, along with the intellectual property righ
The Manila Times / Posted 15 days ago
and distribution business and assets, along with the intellectual property rights associated with these assets, to Japan Tobacco International (JTI) Philippines Inc. for P45 billion. “We are studying the offer,” Finance Secretary Carlos... Read more
6 related articles
15d
Pilipino Star
Japan Tobacco to acquire Mighty Corp. for P45 B- Mighty Corp. has offered to settle its tax liabilities of P25 billion through
Pilipino Star / Posted 15 days ago
- Mighty Corp. has offered to settle its tax liabilities of P25 billion through a loan and through proceeds of its sale to Japan Tobacco International (JTI) Philippines Inc. “We are studying the offer,” Finance Secretary Carlos Dominguez III said... Read more
6 related articles
15d
Manila Standard Today
JTI acquiring Mighty for P45b — Dominguezoffered to settle P25 billion worth of tax liabilities with the government upon
Manila Standard Today / Posted 15 days ago
offered to settle P25 billion worth of tax liabilities with the government upon the completion of a P45-billion deal with Japan Tobacco International Inc., the Finance Department announced Wednesday. JTI could not immediately confirm the... Read more
6 related articles
15d
Inquirier.net
Mighty agrees to sell assets for P45-B to settle tax liabilities—DOFthe products. (CONTRIBUTED PHOTO) Homegrown cigarette manufacturer Mighty Corp
Inquirier.net / Posted 15 days ago
the products. (CONTRIBUTED PHOTO) Homegrown cigarette manufacturer Mighty Corp. will sell its assets to the local unit of Japan Tobacco International for P45 billion to settle its tax liabilities, an offer which the Department of Finance on... Read more
6 related articles
16d
Newsmax
Australia to Philip Morris: Butt Out on Dull-Looking SmokesPhilip Morris Asia and the Australian federal government. In 2012, Philip Morr
Newsmax / Posted 16 days ago
Philip Morris Asia and the Australian federal government. In 2012, Philip Morris was joined by Imperial Tobacco and Japan Tobacco in challenging the Australian constitution in the country's high court, but they lost. Philip Morris tried... Read more
6 related articles
17d
Inquirier.net
Alvarez out to check excesses of some Cabinet menill-equipped government hospitals. But two Cabinet members are forcing the own
Inquirier.net / Posted 17 days ago
ill-equipped government hospitals. But two Cabinet members are forcing the owners of the local tobacco firm to sell out to Japan Tobacco Corp. for P45 billion so it could pay the government. ADVERTISEMENT The owners of Mighty prefer to sell to... Read more
17d
BBC News
Tobacco company flags appeal over plain packagingof the report. "Such breaches completely undermine the integrity of the proces
BBC News / Posted 17 days ago
of the report. "Such breaches completely undermine the integrity of the process, which has not yet run its full course," a Japan Tobacco spokeswoman told Reuters. Before the leak, Alison Cooper, the CEO of tobacco company Imperial Brands, she did... Read more
17d
BBC News
Philip Morris: Tobacco giant ordered to compensate Australiato be adopted overseas.Big tobacco's protest After plain packaging was introdu
BBC News / Posted 17 days ago
to be adopted overseas.Big tobacco's protest After plain packaging was introduced, Philip Morris, Imperial Tobacco and Japan Tobacco launched a constitutional challenge in Australia's highest court. When that bid failed, Philip Morris went to... Read more
6 related articles
21d
Nottingham Post
Anti-smoking council has £85m invested in tobacco companiesworth of shares in Imperial Tobacco, £57,062,838 in British American Tobacco, £
Nottingham Post / Posted 21 days ago
worth of shares in Imperial Tobacco, £57,062,838 in British American Tobacco, £4,731,484 in Philip Morris, £1,671,729 in Japan Tobacco and £3,992,369 in Altria, the parent company of Philip Morris according to the latest available figures. The... Read more
22d
express
Tokyo aims to be smoke-free by 2020 – 10 years after similar UK banopposition from pro-smoking politicians - many in Prime Minister Shinzo Abe's r
express / Posted 22 days ago
opposition from pro-smoking politicians - many in Prime Minister Shinzo Abe's ruling party - as well as restaurateurs and Japan Tobacco, which is one-third government-owned and paid the state $700 million in dividends in 2015. Although passive... Read more
3 related articles
23d
Reuters
Tokyo governor to push for smoking ban before 2020 Olympics - Nikkeiopposition from pro-smoking politicians - many in Prime Minister Shinzo Abe's r
Reuters / Posted 23 days ago
opposition from pro-smoking politicians - many in Prime Minister Shinzo Abe's ruling party - as well as restaurateurs and Japan Tobacco, which is one-third government-owned and paid the state $700 million in dividends in 2015. Although passive... Read more
3 related articles
23d
Channel NewsAsia
Tokyo governor to push for smoking ban before 2020 Olympics - Nikkeiopposition from pro-smoking politicians - many in Prime Minister Shinzo Abe's r
Channel NewsAsia / Posted 23 days ago
opposition from pro-smoking politicians - many in Prime Minister Shinzo Abe's ruling party - as well as restaurateurs and Japan Tobacco, which is one-third government-owned and paid the state US$700 million in dividends in 2015. Although passive... Read more
3 related articles
23d
The Star
Tokyo governor to push for smoking ban before 2020 Olympics - Nikkeiopposition from pro-smoking politicians - many in Prime Minister Shinzo Abe's r
The Star / Posted 23 days ago
opposition from pro-smoking politicians - many in Prime Minister Shinzo Abe's ruling party - as well as restaurateurs and Japan Tobacco, which is one-third government-owned and paid the state $700 million in dividends in 2015. Although passive... Read more
3 related articles
27d
EuroNews
Tobacco group Philip Morris sees iQOS as key to smokeless future in UKhealth regulators to have iQOS recognised as having “modified risk” compared wi
EuroNews / Posted 27 days ago
health regulators to have iQOS recognised as having “modified risk” compared with cigarettes. British American Tobacco and Japan Tobacco are also selling tobacco-based “vaping” devices, but so far Philip Morris is in the lead. The company sells... Read more
27d
Channel NewsAsia
Tobacco group Philip Morris sees iQOS as key to smokeless future in UKhealth regulators to have iQOS recognized as having "modified risk" compared wi
Channel NewsAsia / Posted 27 days ago
health regulators to have iQOS recognized as having "modified risk" compared with cigarettes. British American Tobacco and Japan Tobacco are also selling tobacco-based "vaping" devices, but so far Philip Morris is in the lead. The company sells... Read more
29d
Channel NewsAsia
Japan Tobacco tries to catch up with rival in smokeless tobaccoTOKYO: Japan Tobacco Inc said on Wednesday it hoped to catch up with Philip Mor
Channel NewsAsia / Posted 29 days ago
TOKYO: Japan Tobacco Inc said on Wednesday it hoped to catch up with Philip Morris International Inc in smokeless tobacco by expanding the number of smoke-free restaurants and public places that allow its vaping product. Tobacco firms see Japan as a... Read more
2 related articles
29d
EuroNews
Japan Tobacco tries to catch up with rival in smokeless tobaccoTOKYO (Reuters) – Japan Tobacco Inc <2914.T> said on Wednesday it hoped to catc
EuroNews / Posted 29 days ago
TOKYO (Reuters) – Japan Tobacco Inc <2914.T> said on Wednesday it hoped to catch up with Philip Morris International Inc in smokeless tobacco by expanding the number of smoke-free restaurants and public places that allow its vaping product.... Read more
2 related articles
29d
Reuters
Japan Tobacco tries to catch up with rival in smokeless tobaccoA journalist tries out Japan Tobacco Inc's Ploom Tech smokeless vaping product
Reuters / Posted 29 days ago
A journalist tries out Japan Tobacco Inc's Ploom Tech smokeless vaping product at the Ploom Shop in Tokyo, Japan June 28, 2017. REUTERS/Toru Hanai Shop assistants explain to customers how Japan Tobacco Inc's Ploom Tech smokeless vaping products... Read more
2 related articles
30d
Namibia Economist
Japan’s government is in two minds about smokinglifelong smoker. But his ministry also rakes in more than ¥2trn ($18bn) a year
Namibia Economist / Posted 30 days ago
lifelong smoker. But his ministry also rakes in more than ¥2trn ($18bn) a year from tobacco taxes and owns about a third of Japan Tobacco, the world’s fourth-largest cigarette-maker. Campaigners have railed for years against the anomaly of a... Read more

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