Japan Tobacco tries to catch up with rival in vaping
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.
While Marlboro maker Philip Morris's heat-not-burn "IQOS" tobacco device is already enjoying strong demand in Japan, Japan Tobacco's launch of its "Ploom Tech" product has run into delays due to production shortages.
Japan Tobacco, a former state monopoly still a third owned by the government, will start selling Ploom Tech at its flagship shops on Thursday and 100 tobacco stores on July 10 in Tokyo. The company has said it plans to sell it nationwide in the first half of the next year.
The company test-launched the product in southwestern city of Fukuoka in March last year and at its online shop. It had to temporarily suspend sales after demand overwhelmed supply. Japan Tobacco said it had sold 250,000 Ploom Tech devices by the end of last year.
Unlike Philip Morris's IQOS, Ploom Tech does not directly heat tobacco leaves. Instead, the battery-powered device generates vapor that goes through a capsule packed with tobacco leaves.
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