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CIGoutlet Tobacco News
American cigarette manufacturers have filed a lawsuit against the FDA.
The largest US tobacco companies filed a lawsuit in the US District Court for the District of Columbia against the Federal Office of the Food and Drug Administration (FDA).
read more ...05/04/15
Interesting facts about cigarettes, countries - tobacco leaders.
Every minute in the world are sold about 8-10 million cigarettes and daily 13-15 billion cigarettes.
read more ...04/01/15
Anti-smoking campaigns run to extremes.
It is strange to what can bring the foolishness of anti-smoking crusaders in their attempts to impose all the rules of a healthy lifestyle, even if they lead to a violation of all norms, artistic freedom and civil society.
read more ...03/03/15
Japan Tobacco Announces Capital Transfer to Its New Canadian Subsidiary


Japan Tobacco Inc. Wednesday announced that on Oct. 9 it made an investment in kind by transferring subsidiary shares (equivalent to approximately 3,250 million Canadian dollars) to JT Canada LLC II (JTC II) from JT Canada LLC Inc. (JTC).

JTC II was established by JT on Oct. 2 as part of JT's process of integrating its overseas tobacco businesses. Prior to this move, JT had set up two holding companies, JTC and JT Nova Scotia Corp. (JTNS) in Canada with the aim of purchasing Canadian subsidiaries. By establishing a new holding company using the JTNS shares held by JTC as capital, the company has achieved an operating structure in which asset holding entities and business entities are clearly divided. More detailed information on JTC II and JT's other related overseas subsidiaries is shown below. Japan Tobacco Inc., with sales in the year ended March 31, 1999, of US$32 billion, is one of the world's largest manufacturers of tobacco products and has three of the world's top five brands in its product portfolio. Since its privatization in 1985, it has actively diversified its operations into pharmaceuticals and foods. NOTE TO EDITORS: All U.S. dollar amounts are translated at the rate of 120 Yen=US$1, the approximate rate on the foreign exchange market in Tokyo on March 31, 1999.

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