Conscientious Consuming: Tobacco Companies and Their Non-tobacco Products

Company Status: Finish Public Company
Stock Symbol /Exchange: AGPDY/OTC
Per Cent of Revenue from Tobacco Products: 11.8% in 1998.
Tobacco Markets: Finland, Sweden, Estonia and Russia.
Operating Income from Tobacco Sales: 48M (FIM) 8M (EUR) in 1998.
Tobacco Brand Names: Marlboro and L&M (licensed from Philip Morris)

Sources:
Amer Group PLC 1998 Annual Report
http://www.amer.fi

Wilson Sporting Goods (Including golf, racquet, baseball, basketball and football products)

Atomic and Dynamic (Alpine and cross-country skiing equipment)

ESS (ski bindings)

Koflach (Mountaineering Boots)

Oxygen (Snowboards and Inline Skates)

Notes:
Wilson has endorsement contract with basketball players Michael Jordon, Grant Hill, and Penny Hardaway; and baseball Gregg Maddux, Barry Larkin and Hideo Nomo. Wilson’s advisory staff includes Pete Sampras, Stefi Graf, Chris Evert, Greg Maddux, Barry Bonds, Michael Jordan and others. http://www.wilsonsports.com/corporate/homepage.asp

Wilson Sporting Goods is the exclusive Sporting Goods Equipment sponsor of the Breast Cancer Research Foundation.
http://www.wilsonsports.com/women/homepage.asp

Compagnie Financiere Richemont AG

Company Status: Public Swiss
Stock Symbol /Exchange: Swiss (RCHMY/ADR on NYSE)

Related Businesses:

Technical & Industrial Investments Ltd. (South Africa)
Technical Investment Corp. Ltd. (South Africa,)
Rembrandt Controlling Investments Ltd. (South Africa)
Rembrandt Group Ltd. (South Africa)

Sources:
Richemont 1998 Annual Report
http://dailynews.yahoo.com/headlines/business/
http://hoovers.com
http://www.sec.gov

Richemont's Non-Tobacco Products:

Lancel (luggage and leather goods)
Cartier (jewerly)
Dunhill (clothing and personal goods)
Montblanc (writing instruments and personal products)
Piaget (watches and jewerly)
Baume & Marcier (watches)
Chloe (clothing)
Hackett (clothing)
Sulka (clothing)
Officine Panerai (watches)
Vacheron & Constantin (watches)
Seeger (leather products)
Hanover Direct (mail order retailer – USA)

Notes:
The Rupert family of South Africa, headed by Johann Rupert, controls Richemont and a South African firm named the Rembrandt Group. Together they owned Rothmans International (a global tobacco company) until they sold it to British American Tobacco (BAT) in 1999. As a product of the transaction, Richemont and Rembrandt will own 25% of the shares of BAT, the world's second largest tobacco company (Philip Morris is the largest). Rembrant’s non-tobacco products include printing and packaging, engineering and motor components, adhesives, life insurance, medical services, mining, petroleum products, pulp and paper, cellular communications, food, and wine and spirits. Richemont also owns 15 of Canal+ SA, Europes leading Pay-television Company. Richemont owns 47.6% of the U.S. mail order company, Hanover Direct.

Grupo Carso, S.A. de C.V.

Company Status: Public Mexico
Stock Symbol /Exchange: Mexico Bolsa/GCARSO
Tobacco Markets: Mexico
Tobacco Brands: Broadway, Rodeo and Philip Morris brands under license

Sources:
http://www.hoovers.com

Grupo Carso's Tobacco and Non-Tobacco Subsidiaries and Related Companies:

Cigarros La Tabacalera Mexicana SA de CV (50% owned with Philip Morris)
Sears Roebuck de Mexico
Sanborns Department Stores
(includes Denny’s Restaurants of Mexico)
Carso Global Telecom, SA de CV
Telefonos de Mexico (15% ownership) of (Telmex, formally Mexico’s telephone monolopy). A consortium of Carso Global Telecom, France Telecom, and SBC Communications holds voting control over Telmex.
Prodigy Communications Corporation
(50% ownership) Internet Service Provider
Grupo Financiero Inbursa (financial service company)

Notes:
The Carlos Slim Helu family controls Grupo Carso, which has some measure of control of the subsidiaries and related companies. Carlos Slim Helu is also on Philip Morris’s Board of Directors.

Imasco Ltd.

Public Company – Public Canada
Stock Symbol – IMS/Montreal
Per Cent of Revenue from Tobacco Products: 20.5%
Per Cent of Canada Smoking Market: 68% of Canada
Operating Income from Tobacco Sales: C$815M 1998 Annual Report
Tobacco Markets: Canada
Tobacco Brand Names: Player’s, du Maurier, and Matinee

Sources:
http://www.imasco.com
Imasco 1998 Annual Report
British American Tobacco PLC 1997Annual Report and Listing Particulars

Imasco's Non-Tobacco Brands and Companies:

CT Financial Services with 429 branches in Canada
Canada Trustco Mortgage Company, Canada Trust, CT Securities
Meloche Monnex Inc., CT Financial Assurance Company, CT Market Partner
Shoppers Drug Mart/Pharmaprix with 824 stores in Canada
Shoppers Home Health Care Division
Genstar Development Company (property development)

Notes:
Since 1971, its du Maurier Arts program has given $50 million to over 400 arts organizations. 42% of Imasco is owned by British American Tobacco PLC (BAT).

Imasco sold Hardees Fast Food Chain in 1997 (Hardees sold off Roy Rogers in 1995) and Fast Food Merchandisers (Food Service Company) in 1998.

Japan Tobacco Inc.

Company Status: Public Japan
Stock Symbol /Exchange: Tokyo
Tobacco Markets: Global except U.S.
Tobacco Brands: Mild Seven, Seven Stars, Caster, etc.

Sources:
http://www.jtnet.ad.jp

Japan Tobacco's Non-Tobacco Brands and Companies:
Burger King Restaurant s(Japan), and Victoria and Half Time Beverages

Notes:
Japan Tobacco and its Mild Seven brand are sponsors of auto racing. Japan Tobacco recently purchased the international tobacco operations of RJR Nabisco.

Loews Corporation

Public Company – Public US
Stock Symbol – LTR/NTSE
Per Cent of Revenue from Tobacco Products: 12% (1997)
Per Cent of US Market: 9%
Tobacco Markets: United States
Operating Income from Tobacco Sales: $363M (1997)
Tobacco Brand Names:
Subsidary Lorillard Inc produces Newport, Kent, True, Old Gold, and Maverick

Sources:
Loews Corporation SEC Form10K
http://www.sec.gov

Loews' Non-Tobacco Companies:

Loews Hotels (100% owned)
Including the House of Blues Hotel (Chicago) and the Hard Rock Hotel (Orlando)

CNA Insurance and Financial (85% owned)

Diamond Offshore Drilling, Inc. (52% owned)
Operator of offshore oil drilling rigs

Bulova Corporation (97% owned)
A watch and clock maker

Oroamerica Inc.

Company Status: Public/US
Stock Symbol /Exchange: OROA/NASDAQ
Tobacco Markets: United States
Tobacco Brands: A newly-formed, wholly-owned subsidiary CigarAmerica Inc, produces Fuego del Rey cigars

Source:
Oroamerican Inc. SEC from 10-K405 for 1998
http://www.sec.gov

Oroamerica's Non-Tobacco Brands:
Oroamerica is the the nation's largest manufacturer and distributor of karat gold jewelry. Brands include Silk Rope, SupremeValue Rope, Beverly Hills Gold, Precious Precious, and Jerry Prince. Wal-Mart is their biggest customer.

Philip Morris Companies, Inc.

Public Company – Public US
Stock Symbol – MO/NYSE
Per Cent of Revenue from Tobacco Products: 55% (1997)
Per Cent of US Market: 51% (1997)
Per Cent of World Market: 13.6% (1997)
Tobacco Markets: Global
Sales to North American Market: $13.5B (1997)
Operating Income from Tobacco Sales: $3.2B US/$4.6B International
Tobacco Brand Names:
Philip Morris brands: Marboro, Merit, Virginia Slims, Benson & Hedges, Parliament, Basic, and many others

Sources:
http://www.kraftfoods.com
Philip Morris Companies Inc. 1977 Annual Report
Philips Morris SEC Form 10-K, 1998
http://www.sec.gov

Philip Morris' Non-Tobacco Companies and Brands:

Miller Brewing Brands: Miller Geniune Draft, Miller Lite, Miller High Life, Lowenbrau, Red Dog, Leinenkugel’s, Icehouse, Milwaukee’s Best, Meister Brau, Sharps, Magnum, Celis, Shipyard, Olde English 800, Hamm’s, Mickey’s and Henry Weinhart’s. Miller has a majority interest in Molson USA, LLC, who imports Asahi, Presidente, Molson, and Foster’s into the US market

Kraft Foods Brands: Miracle Whip, Good Seasons, Jell-O, Sure Jell, Certo, , Kool-Aid, Seven Seas, Country Time, Taco Bell Home Originals, Baker’s Baking Products, Maxwell House Coffee, Sanka, Yuban Coffee, General Foods International Coffee, Cool Whip, Dream Whip, Athenos Cheese, Cheez Whiz, Cracker Barrel, Velveeta, Claussen Pickles, Philadelphia Cream Cheese, DiGiorno Italian Sauces and Pizzas, Calument Baking Powder, Minute Rice, Shake ‘N Bake, Oven Fry, Altoids, Toblerone Chocolate, Stove Top Stuffing, Capri Juice Drinks, Crystal Light, Tang, Bull’s Eye Barbecue Sauce, Knudsen, Sealtest, Breakstone’s, Light N’ Lively, Breyers, Jack’s Pizza, Tombstone Pizza

Post Cereals: (Alpha-Bits, Grape Nuts, Raisin Brands, Banana Nut Chrunch, Pebbles, Toasties, Oreo’s, etc.)

Oscar Meyer Products

Louis Rich Products

Notes:
Philip Morris is the largest tobacco company in the world. Philip Morris also owns a financial subsidiary Philip Morris Capital Corporation.

Kraft also distributes and sells Starbucks coffee and California Pizza Kitchen products.

Shanghai Industrial Holdings Ltd.

Company Status: Public Hong Kong
Stock Symbol /Exchange: Hong Kong
Tobacco Markets: China

Sources:
http://www.sihl.com.hk/english

Shanghai Industrial Holding's Non-Tobacco Companies:
Shanghai Sunve Pharmaceutical
Shanghai Jawha Company, Ltd.
Shanghai Xiafei Daily Chemical Company, Ltd.
Shanghai Dairy and Food Company, Ltd.
Shanghai Yanan Road Elevated Road Development Company, Ltd.
Shanghai Huizhong Automotive Manufacturing Company, Ltd.
Shanghai SIIC Transportation Electric Company Ltd.
Shanghai Orient Shopping Center Ltd.,
The Wing Fat Printing Company, Ltd.

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Taiwan Tobacco and Wine Board

Company Status: Taiwan Government Owned
Tobacco Markets: Taiwan
Tobacco Brands: N/A

Sources:
http://www.apot.com/ap/manufac/ttwb/index.htm

Taiwan Tobacco's Non-Tobacco Brands:

Beer:
Taiwan Beer, Taiwan Draft Beer, Taiwan Dark Beer, Taiwan Light Beer

Wine:
Taiwan White, Red, Rose, Sparkling and Shandy Wines, Shaohsing Wine, Yellow Wine, Wong Dii Wine, Michiu, Mizhiu Tou

Sprits:
Taiwan Brandy, Fortune Brandy, Kao Liang Spirits, Ailan White Liquor, Yi Lu Liquor, Chu Yeh Ching Liqueur, Seng Yong Liqueur, Ng Ka Py Liqueur, and Mei Kwei Lu Liquor.

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UST Inc.

Company Status: Public US
Stock Symbol /Exchange: UST/NYSE
PerCent of Revenue from Tobacco Products: 87% (1998)
Operating Income from Tobacco Sales: $720M (1998)
Tobacco Markets: Global
Tobacco Brands: Smokeless tobacco produsts include Copenhagen, Skoal, Bandits, Red Seal, and Burton. Cigar brands include Don Tomas and Astral

Sources:
UST Inc. SEC form 10-K for 1998
http://www.sec.gov

UST's Non-Tobacco Brands:

Chateau Sainte Michelle (wine)
Columbia Crest (wine)
Domaine Sainte Michelle (wine)
Villa Mount Eden (wine)
Conn Creek (wine)
Colour Volant (wine)
Bert Grant’s Ale (beer)