Japan Tobacco Releases 2020 Earnings Report On February 09, 2021, Japan Tobacco, the maker of Ploom, released its 2020 Earnings Report.HIGHLIGHTSCompared to the previous fiscal year, revenue decreased by 3.8%Compared to the previous fiscal year, operating profit decreased by 6.6%The company forecasts a revenue decrease of 0.6% in 2021The company forecasts an operating profit decrease of 22.6% in 2021 PLOOM HIGHLIGHTSPresident and CEO of JT Group, Masamichi Terabatake, reported that Japan... Read more
Philip Morris Releases 2020 Fourth Quarter and Full Year Results On January 04, 2021, Philip Morris International, the maker of IQOS, released its 2020 Fourth Quarter and Full Year results.HIGHLIGHTSCompared to 2019's fourth quarter, net revenue decreased by 3.5%Compared to 2019's fourth quarter, operating income increased by 15.9%Compared to the previous fiscal year, net revenue decreased by 3.7%Compared to the previous fiscal year, operating income increased by 10.8%IQOS... Read more
Japan Tobacco Releases 2020 Third Quarter Results On October 30, 2020, Japan Tobacco, the maker of Ploom, released its 2020 Third Quarter results. HIGHLIGHTS Compared to the previous fiscal year, revenue decreased by 2.5% Compared to the previous fiscal year, operating profit decreased by 11.4% Japan Tobacco President and Chief Executive Officer, Masamichi Terabatake, attributes these numbers to the lasting effect of COVID-19 PLOOM HIGHLIGHTS In November, 2020, Ploom TECH+,... Read more
New Design for Top-Rated HiTaste P5 HiTaste has just announced that their top-rated device HiTaste P5 has undergone a makeover. This new version of P5 is less rounded in design and, with a small amount of gold detailing, gives of a much more sophisticated feel. It is currently unknown if this new 2020 version of Hitaste P5 will offer the same features as the older P5 model. Previously P5 offered features like a screen, temperature adjustment, length of cycle adjustment, a usage record, and... Read more
Japan Tobacco Releases 2020 Second Quarter Results On July 31, 2020, Japan Tobacco, the maker of Ploom, released its 2020 Second Quarter results.HIGHLIGHTSRevenue fell by 2.7% - it is believed that COVID-19, which had a detrimental affect on the global economy, was a factor in this decreaseOperating profits fell by 19.1%Japan Tobacco is offering an interim dividend of 77 JPYForecasts for the 2020 year have had to be revised due to the economic effects of COVID-19Japan Tobacco is planning on... Read more
PMI Releases 2020 Second-Quarter Report On July 21, 2020, Philip Morris International (PMI), the maker of IQOS, released its 2020 Second Quarter report. HIGHLIGHTS Net revenue decreased by 13.6% Operating profits decreased by 14.3% The report states that "PMI does not currently anticipate out-of-stock situations in any major operating income markets and generally expects consumers to have adequate access to its products" IQOS HIGHLIGHTS Market share for IQOS rose by 1.8 points... Read more
HiTaste Releases P8 On Saturday May 23rd, 2020 a new device called HiTaste P8 appeared on the HiTaste website. P8 is advertised as having many of the same features as previous HiTaste devices including; temperature adjustment, length of cycle adjustment, self-cleaning, and over-temperature protection. From promotional photos it also appears that HiTaste P8 is also equipped with a usage record counter, meaning that the device records how many cycles it has completed.Without testing the... Read more
PMI, IQOS Wins 2020 BIG Innovation Award Philip Morris International, the maker of IQOS, announced on January 23, 2020 that the company is a recipient of a 2020 BIG Innovation Award for their work in the development and advancement of smoke-free products. BIG Innovation Award recipients must submit their innovations to be judged by an expert panel. The panel then chooses which companies they feel have best displayed "tremendous creativity, vision and passion to help improve our... Read more
