HQ
Thailand
OWNERSHIP
State Owned
RANK
10
(out of 15)
FINAL SCORE
0.47
(out of 5)

Company Overview

TOAT is the sole domestic manufacturer of tobacco products in Thailand. The company lost its official monopoly status in 2018 but remains a 100% state-owned enterprise. Between 2017 and 2019, TOAT’s expenditure was directed at launching new products, machinery, manufacturing technology, and buildings to support its cigarette brands.

Stance on Harm Reduction

TOAT has not made a public commitment to tobacco harm reduction, nor does it sell reduced-risk products, many of which are banned by the Thai government. Overall, its public statements are supportive of government regulation and the ban on reduced-risk products, with the managing director of TOAT stating in an interview for Tobacco Asia: “The government is concerned that e-smoking and heat-not-burn devices are encouraging consumers – especially young people – to take up the nicotine habit. We don’t want to promote that.”

Notable Performance

0

Strategy and Management

TOAT has no harm reduction commitment and does not prioritize a transition to reduced-risk products.
0

Product Sales

TOAT has registered the largest sales decline in cigarettes but this was only driven by a reduction in market share and tax increases in Thailand.
0

Capital Allocation

TOAT does not invest in reduced-risk products.
0

Product Offer

TOAT offers only cigarettes in Thailand.
0

Marketing

TOAT has a limited marketing policy that only conforms to relevant laws and regulations.
0

Lobbying and Advocacy

As a state-controlled company, TOAT likely has close interaction with the government and regulators. However, it does not disclose how this relationship is managed, or the details of any dialogue.

Net Value Sales

In 2019
High-Risk Products
100.0%
Reduced-Risk Products
0.0%

Products Offered

In 2019
High-Risk Products
1
Reduced-Risk Products
0

Capital and R&D Investment

Over 2017-2019
High-Risk Products
100.0%
Reduced-Risk Products
0.0%

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