Japan Tobacco (2914.T) Stock Price

Japan Tobacco Price

🇯🇵JPX·CLOSED
5,987.00JPY
Market closed
Today +/-
-23.00 JPY
Today %
-0.38 %
PRO

Japan Tobacco (2914.T) — ISIN JP3726800000. The Japan Tobacco stock price was 5,987 JPY in 2026. Revenue was 3.69 T JPY. Earnings were 623.18 B JPY. P/E ratio was 17.06. Japan Tobacco operates in the Non-cyclical consumption sector.

Japan Tobacco stock price

Ex-Dividend
Details

Stock Price

How to Read This Chart

This chart tracks the historical stock price of Japan Tobacco over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how Japan Tobacco stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing Japan Tobacco's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

Japan Tobacco Stock Price History
DateJapan Tobacco Price
2/27/20265,987.00 JPY
2/26/20266,010.00 JPY
2/25/20266,077.00 JPY
2/24/20265,980.00 JPY
2/20/20265,893.00 JPY
2/19/20265,972.00 JPY
2/18/20265,964.00 JPY
2/17/20265,891.00 JPY
2/16/20265,990.00 JPY
2/13/20266,087.00 JPY
2/12/20266,140.00 JPY
2/10/20266,045.00 JPY
2/9/20266,134.00 JPY
2/6/20266,039.00 JPY
2/5/20265,934.00 JPY
2/4/20265,887.00 JPY
2/3/20265,778.00 JPY

Japan Tobacco Revenue, EBIT, Net Income

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2006
4.77 T JPY
331.99 B JPY
210.77 B JPY
Jan 1, 2007
6.41 T JPY
430.55 B JPY
238.7 B JPY
Jan 1, 2008
6.83 T JPY
363.81 B JPY
123.4 B JPY
Jan 1, 2009
6.13 T JPY
296.51 B JPY
138.45 B JPY
Jan 1, 2010
6.19 T JPY
328.68 B JPY
144.96 B JPY
Jan 1, 2011
2.03 T JPY
475.6 B JPY
320.88 B JPY
Jan 1, 2012
2.12 T JPY
542.06 B JPY
343.61 B JPY
Jan 1, 2013
2.4 T JPY
668.19 B JPY
427.99 B JPY
Jan 1, 2014
2.15 T JPY
527.9 B JPY
362.92 B JPY
Jan 1, 2015
2.25 T JPY
587.52 B JPY
485.69 B JPY
Jan 1, 2016
2.14 T JPY
599.34 B JPY
421.7 B JPY
Jan 1, 2017
2.14 T JPY
563.18 B JPY
392.41 B JPY
Jan 1, 2018
2.22 T JPY
538.95 B JPY
385.68 B JPY
Jan 1, 2019
2.18 T JPY
532.74 B JPY
348.19 B JPY
Jan 1, 2020
2.09 T JPY
441 B JPY
310.25 B JPY

Japan Tobacco Income Statement, Balance Sheet, Cash Flow Statement

Last updated Mar 4, 2026, 10:23 PM
 
REVENUE (T JPY)
REVENUE GROWTH (%)
GROSS MARGIN (%)
GROSS INCOME (T JPY)
NET INCOME (B JPY)
NET INCOME GROWTH (%)
SHARES (B)
DOCUMENTS
1993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026e2027e2028e
3.463.573.613.773.63.884.374.54.544.494.634.664.644.776.416.836.136.192.032.122.42.152.252.142.142.222.182.092.322.662.843.153.473.693.874.03
3.081.274.20-4.507.7712.762.980.94-1.142.960.85-0.582.8434.396.59-10.210.98-67.174.2513.19-10.254.59-4.86-0.173.57-1.82-3.8211.1014.326.8910.8610.096.484.834.09
15.0216.0516.3016.8017.4118.7619.8320.6720.8020.5420.3520.3819.4819.3918.4218.7018.1318.0956.1457.5859.1758.8559.1659.2960.5857.8956.6957.0958.8458.9556.8555.3256.1952.7750.3448.36
0.520.570.590.630.630.730.870.930.950.920.940.950.90.921.181.281.111.121.141.221.421.271.331.271.31.281.231.191.371.571.621.741.951.951.951.95
63.7169.4667.9580.258.0274.6450.7943.6936.8575.06-7.8462.35201.35210.77238.7123.4138.45144.96320.88343.61427.99362.92485.69421.7392.41385.68348.19310.25338.49442.72482.29179.24510.18623.18689.350
9.04-2.1718.02-27.6528.63-31.95-13.98-15.66103.68-110.45-895.04222.944.6813.25-48.3012.194.70121.367.0824.56-15.2033.83-13.18-6.94-1.72-9.72-10.909.1030.798.94-62.84184.6322.1510.62
22222222221.981.941.921.921.921.921.921.921.911.91.821.821.81.791.791.791.781.771.781.771.781.781.781.781.781.78
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales Japan Tobacco generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue Japan Tobacco retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare Japan Tobacco's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares Japan Tobacco has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against Japan Tobacco's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

 
ASSETS
CASH BALANCE (T JPY)
RECEIVABLES (B JPY)
OTHER REC. (B JPY)
INVENTORIES (T JPY)
OTHER CURRENT LIAB. (B JPY)
CURRENT ASSETS (T JPY)
TANGIBLE ASSETS (B JPY)
LONG-T. INVEST. (B JPY)
LONG-T. REC. (B JPY)
INTANGIBLE ASSETS (B JPY)
GOODWILL (T JPY)
OTHER NON-CURRENT ASSETS (B JPY)
NON-CURRENT ASSETS (T JPY)
TOTAL ASSETS (T JPY)
LIABILITIES
COMMON STOCK (B JPY)
ADDITIONAL PAID-IN CAPITAL (B JPY)
RETAINED EARNINGS (T JPY)
OTHER EQUITY (B JPY)
UNREAL. GAINS/LOSSES (B JPY)
EQUITY (T JPY)
LIABILITIES (B JPY)
PROVISIONS (B JPY)
OTHER SHORT-TERM LIAB. (T JPY)
SHORT-TERM DEBTS (B JPY)
LONG-TERM DEBT PORTION (B JPY)
SHORT-TERM REC. (T JPY)
LONG-T. LIAB. (T JPY)
DEFERRED TAXES (B JPY)
OTHER LIAB. (B JPY)
LONG-T. LIABILITIES (T JPY)
DEBT (T JPY)
TOTAL CAPITAL (T JPY)
199319941995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022202320242025
                                 
0.470.560.760.770.710.810.50.650.550.620.770.840.91.130.220.170.170.280.430.170.270.430.540.310.30.320.380.560.740.91.11.21.03
28.4933.0538.6736.7743.364.53101.03109.67129.46131.32125.75124.07132.41147.85320.57286.91293.26299.05310.07366.37427.88433.92391.07385.19415.97448.21430.4402.8444.71467.98521.9538.09640.68
00000000000000000024.432.0524.8527.3132.4430.3234.7225.5643.3624.3130.931.1635.250.910
0.530.520.50.460.450.450.540.520.520.490.460.430.410.420.560.460.560.510.450.470.550.590.560.560.610.650.680.540.560.690.830.961.06
76.4865.4653.8557.2957.4266.34102.97100.1797.8199.32127.1103.83169.23141.97136.44174.75180.09158.36117.86169.87210.12218.08266.27322.56344.62368.7395.23479.38543.51627.98771.01826.51983.33
1.111.181.361.331.271.391.251.371.31.351.481.51.611.841.231.11.21.251.331.211.481.71.81.611.711.811.9322.322.723.263.583.71
679.67745.5744.58702673.36675.88770.64757.31743.71733.31708.22639.65596.54600.43763.33668.74679.56663.55619.54672.32779.99756.13681.87680.84745.61758.84803.24759.29755.84775.96821.5907.7979.8
56.9139.7747.0727.7729.1238.1141.28127.19100.3268.3671.4376.94107.5262.25131.9990.2384.1158.67153.38153.72260.12186.65184.86241.3212.92199.41179.06152.12155.36206.8222.38206.08216.87
6.061.071.140.331.131.452.873.42.885.994.515.980.890.814.419.191.40000000000000000
3.082.524.356.045.2610.01430.65407.75382.93330.53278.93248.29224.34182.2652.52377.88381.67313.67306.45348.81385.1364.91332.48423.97479.18503.08440.43363.6307.15246.44206.98486.46395.66
000000.040.390.410.430.380.330.320.360.362.111.451.391.151.111.321.581.541.431.61.892.0121.912.062.452.622.912.92
41.2548.7543.9494.684.4270.05215.48110.499.5791.51156.57185.32144.78117.48193.38184.11142.61140.39146.55148.17117.41160.76131.52190.3184.8182.25202.07193.06173.6149.22155.24278.66192.72
0.790.840.840.830.790.841.851.811.761.611.551.481.431.523.852.782.682.322.342.643.133.012.763.143.513.653.633.383.453.824.024.794.71
1.892.022.22.162.062.233.13.193.062.963.032.983.043.365.093.883.873.573.673.854.614.74.564.745.225.465.555.385.776.557.288.378.42
                                 
100100100100100100100100100100100100100100100100100100100100100100100100100100100100100100100100100
736.4736.4736.4736.4736.4736.4736.4736.4736.4736.4736.4736.4736.4736.4736.59736.76736.97737.17736.41736.41736.4736.4736.4736.4736.4736.4736.4736.4736.4736.4736.48736.7737.06
0.350.430.480.490.520.580.690.710.730.790.760.810.971.161.341.221.311.41.271.471.761.92.22.372.542.662.752.782.873.093.193.043.21
25.6825.6825.6825.68000-39.9143.47-6.29-71.84-86.43-7.35-7.82-51.8-442.53-435.43-633.49-376.36-155.46251.11142.43-172.35-335.2-207.97-454.48-444.5-614.25-408.4594.34279.94368.85526.06
00000002.961.42.6314.1916.8935.5347.9121.568.5312.045.75000033.2829.8538.6729.5711.27.227.168.9710.0512.390
1.221.291.341.351.361.421.531.511.611.621.541.571.842.032.151.631.721.611.732.152.852.882.92.93.213.073.163.013.34.034.324.264.58
62.0379.3681.2995.0586.6199.4112.71113.45106.99108.04111.68111.3137.45129.76175.37158.54149.46170.82165.43173.46190.41188.67178.71188.29218.38197.43229.91233.72272.33273.03299.74-0711.72
201.13204.44330.47244.67219.42233.16254.67379.94230.03237.33272.18246.97203.77403.01363.27312.84367.9382.38000000000000000
0.090.120.120.140.090.120.160.190.210.170.20.340.230.220.40.290.280.290.780.90.861.061.060.960.860.980.990.951.091.151.391.971.14
24.5824.8730.8227.8333.8949.7731.8538.8932.5220.5227.5926.8833.2953.71269.03113.23228.2670.0643.4923.8521.9427.6330.83187.95341.04238.02192.5851.6370.6463.73208.9760.320
12.6305100067.5191.6579.6755.91145.1218.8118.210.5579.72222.2678.36152.57168.2820.45173.6379.930.1520.5758.4913.4991.5589.8472.2773.5824.37118.3579.63
0.390.420.570.520.430.510.630.810.660.590.760.740.630.811.281.091.11.061.161.111.251.361.271.361.481.431.51.321.51.561.932.151.93
0.110.110.10.10.080.060.560.480.40.350.210.190.170.161.040.660.570.490.280.270.170.10.220.340.360.740.690.820.780.820.911.551.6
00000036.0851.7454.9948.9144.2644.2546.1843.44174.4110.3994.5872.6382.4697.31108.7103.3687.9871.6687.3288.580.4364.4569.9640.0640.59124.46129.61
179.67179.51170.14175.45180.91212.54290.58281.51282.64292.22457.85458.65379.66328.4433.25391.13385.49358.62432.7479.95489.97517.75466.87449.06457.24506.19536.91576.24542.12507.59492.82700.82647.93
0.290.290.270.270.260.280.890.810.740.690.710.690.590.531.651.161.050.920.790.850.760.720.770.860.91.331.311.461.391.371.442.372.38
0.670.720.840.790.690.781.521.621.41.281.471.431.221.342.932.262.151.981.951.962.022.082.042.222.382.762.812.782.892.933.374.524.3
1.892.012.192.152.052.23.043.133.012.913.0133.053.375.083.883.873.593.684.114.874.964.935.125.585.835.965.86.196.967.698.788.88
Details

Balance Sheet

What Is the Balance Sheet?

The balance sheet is a financial snapshot of Japan Tobacco at a specific point in time. It follows the fundamental equation: Assets = Liabilities + Shareholders' Equity. Unlike the income statement (which covers a period), the balance sheet tells you what the company owns, what it owes, and what belongs to shareholders at a given date.

Assets

Current assets (cash, receivables, inventory) can be converted to cash within 12 months and indicate short-term liquidity. Non-current assets (property, equipment, intangible assets, goodwill) represent long-term investments. A high proportion of cash and short-term investments gives Japan Tobacco financial flexibility to weather downturns, fund acquisitions, or return capital to shareholders.

Liabilities

Current liabilities (accounts payable, short-term debt) are obligations due within one year. Non-current liabilities (long-term debt, pension obligations) are due further out. Key ratio to watch: the debt-to-equity ratio (Total Debt ÷ Shareholders' Equity). A ratio below 1.0 is generally healthy, meaning the company is funded more by equity than debt. Highly leveraged companies amplify both gains and losses.

Shareholders' Equity

Equity is the residual value belonging to shareholders after all debts are paid. It includes retained earnings (accumulated profits not paid out as dividends) and paid-in capital. Rising equity year over year is a positive sign — it means Japan Tobacco is building book value. Declining equity, especially when driven by losses or heavy share buybacks funded by debt, warrants closer scrutiny.

Key Ratios to Derive

From the balance sheet, you can calculate the current ratio (current assets ÷ current liabilities; above 1.5 is comfortable), book value per share (equity ÷ shares outstanding), and return on equity (net income ÷ equity; above 15 % is strong). Tracking these ratios over time reveals whether Japan Tobacco is strengthening or weakening its financial position.

 
NET INCOME (B JPY)
DEPRECIATION (B JPY)
DEFERRED TAXES (M JPY)
CHANGES IN WORKING CAPITAL (B JPY)
NON-CASH ITEM (B JPY)
PAID INTEREST (B JPY)
PAID TAXES (B JPY)
NET CASH FLOW FROM OPERATING ACTIVITIES (B JPY)
CAPITAL EXPENDITURES (M JPY)
CASH FLOW FROM INVESTING ACTIVITIES (B JPY)
CASH FLOW FROM OTHER INVESTING ACTIVITIES (B JPY)
INTEREST INCOME AND EXPENSES (M JPY)
NET DEBT CHANGE (B JPY)
NET CHANGE IN EQUITY (B JPY)
CASH FLOW FROM FINANCING ACTIVITIES (B JPY)
CASH FLOW FROM OTHER FINANCING ACTIVITIES (B JPY)
TOTAL DIVIDENDS PAID (M JPY)
NET CHANGE IN CASH FLOW (B JPY)
FREE CASH FLOW (M JPY)
SHARE-BASED COMPENSATION (M JPY)
199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022202320242025
127.57119.7898.24142.5-7.61101.33300.99337.2372.61262.14276.05280.5441.36509.56636.2636.2502.3565.11578.24538.53531.49465.23420.06472.39593.45621.6607.51739.79
157.13169.2170.31148.33153.59126.74126.44132.64171.54282.37230.16212.74118.85116.46132.92132.92122.17139.06140.79145.41158.67183.85179.65187.06199.65179.65179.84195.9
0000000000000000000000000000
-29.0742.19-169.71-47.1241.87179.85-251.7929.02-376.75-277.09-178.13-102.88-1.88-135.63-344.97-344.97-54.62-222.64-279.96-239.11-208.98-131.1-62.81-85.01-323.58-208.59-135.57-229.15
33.9163.56-6.7314.58153.52-157.08-25.31-62.9-22.376.9-8.069.28-6.75-23.78-27.66-27.66-26.16-13.1-62.52-25.27-19.5222.72-16.4825.4215.17-24.79352.83-192.49
12.311.8910.558.758.345.785.716.4936.0855.9629.9618.6616.018.78.478.477.053.546.7911.0413.6924.3519.5519.1123.7326.3233.9864.04
101.7269.8261.8843.5263.1473.0459.0157.19132.72114.41116.34122.38122.46101.26185.3185.3179.53132.03185.29112.59124.37147.11124.51141.83193.73159.09160.95207.99
289.54394.7392.12258.29341.36250.84150.34435.96145.03274.32320.03399.63551.57466.61396.5396.5543.7468.43376.55419.21461.39540.41519.83598.91483.8567.01630.01514.04
-436,422-106,326-97,711-109,191-89,196-79,959-91,816-104,644-131,662-119,356-128,098-137,733-113,957-132,851-150,519-150,519-114,404-129,099-111,001-140,138-158,810-133,370-108,620-102,918-99,408-121,214-150,367-162,386
-899.14-90.48-40.47-74.88-228.62176.91-26.36-149.69-1,668.63-65.01-84.06-119.4-103.81-147.93-163.47-163.47-49.11-63.27-687.51-352.63-383.31-123.575.35-97.5-101.82-126.13-439.77-264.99
-462.7215.8557.2434.32-139.42256.8765.46-45.05-1,536.9754.3544.0418.3310.15-15.08-12.95-12.9565.2965.83-576.51-212.49-224.59.8113.975.42-2.41-4.92-289.4-102.6
0000000000000000000000000000
488.74-62.08-103.19-93.19-52.63-141.96-17.92-1.27564.45-163.13-193.27-108.31-200.89-200.9414.9814.98-169.3646.85322.46165.19208.37-11.4-19.85-99.29-50.7799.01257.41-114.29
0000-34.58-4000000-200-250000-1000-00-50-0-012.28-0-0-1.62
472.59-76.99-124.84-111.97-109.34-202.2-48.13-32.63519-217.47-250.4-184.95-279.06-569.47-145.19-145.19-388.86-254.8591.32-77.03-62.36-333.83-297.4-353.14-306.18-270.5-94.91-475.47
-2.141.09-4.65-2.78-0.13-0.69-1.473.12-3.3-4.59-3.49-1.08-2.01-4.3-7.6-7.6-37.87-14.05-1.881.33-11.06-1.56-4.42-1.92-1.51-2.18-2.67-2.7
-14,000-16,000-17,000-16,000-22,000-19,542-28,740-34,488-42,152-49,752-53,642-55,558-76,165-114,236-152,570-152,570-181,635-187,646-229,261-243,552-259,671-270,871-273,134-251,935-266,175-367,331-349,645-356,853
-141.64230.74-69.0668.14-0.98227.4391.06259.38-964.51-47.75-12.8989.68160.5-262.03110.51110.51132.6140.94-232.61-8.67-3.4275.09181.69182.89145.15173.3244.36-253.43
-146,887288,406-5,596149,101252,165170,88158,526331,31413,370154,961191,929261,899437,616333,757245,9770429,292339,333265,548279,074302,579407,040411,213495,991384,391445,800479,644351,653
0000000000000000000000000000

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Japan Tobacco stock margins

The Japan Tobacco margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Japan Tobacco. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Japan Tobacco.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2006
19.39 %
6.96 %
4.42 %
Jan 1, 2007
18.42 %
6.72 %
3.72 %
Jan 1, 2008
18.7 %
5.32 %
1.81 %
Jan 1, 2009
18.13 %
4.83 %
2.26 %
Jan 1, 2010
18.09 %
5.31 %
2.34 %
Jan 1, 2011
56.14 %
23.38 %
15.78 %
Jan 1, 2012
57.58 %
25.57 %
16.21 %
Jan 1, 2013
59.17 %
27.84 %
17.83 %
Jan 1, 2014
58.85 %
24.51 %
16.85 %
Jan 1, 2015
59.16 %
26.08 %
21.56 %
Jan 1, 2016
59.29 %
27.96 %
19.68 %
Jan 1, 2017
60.58 %
26.32 %
18.34 %
Jan 1, 2018
57.89 %
24.32 %
17.4 %
Jan 1, 2019
56.69 %
24.49 %
16 %
Jan 1, 2020
57.09 %
21.07 %
14.83 %

Japan Tobacco Stock Sales Revenue, EBIT, Earnings per Share

The Japan Tobacco earnings per share therefore indicates how much revenue Japan Tobacco has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Sales per Share
EBIT per share
Earnings per Share
Details
Date
Sales per Share
EBIT per share
Earnings per Share
Jan 1, 2006
2,489.24 JPY
173.27 JPY
110.01 JPY
Jan 1, 2007
3,345.37 JPY
224.72 JPY
124.58 JPY
Jan 1, 2008
3,565.92 JPY
189.88 JPY
64.41 JPY
Jan 1, 2009
3,201.82 JPY
154.75 JPY
72.26 JPY
Jan 1, 2010
3,234.75 JPY
171.64 JPY
75.7 JPY
Jan 1, 2011
1,067.62 JPY
249.66 JPY
168.44 JPY
Jan 1, 2012
1,116.48 JPY
285.45 JPY
180.94 JPY
Jan 1, 2013
1,319.32 JPY
367.34 JPY
235.29 JPY
Jan 1, 2014
1,184.15 JPY
290.21 JPY
199.52 JPY
Jan 1, 2015
1,254.12 JPY
327.06 JPY
270.37 JPY
Jan 1, 2016
1,196.09 JPY
334.47 JPY
235.33 JPY
Jan 1, 2017
1,193.98 JPY
314.27 JPY
218.97 JPY
Jan 1, 2018
1,236.48 JPY
300.73 JPY
215.2 JPY
Jan 1, 2019
1,223.89 JPY
299.69 JPY
195.87 JPY
Jan 1, 2020
1,178.96 JPY
248.46 JPY
174.8 JPY

Japan Tobacco business model

Japan Tobacco Inc, also known as JT, is an international tobacco company based in Tokyo, Japan. The company operates in the cigarette, tobacco, and food industries and is a global leader in the production and sales of tobacco products. JT has a long history dating back to 1898 when the Japanese government established a tobacco monopoly.

Japan Tobacco SWOT Analysis

Strengths

Japan Tobacco Inc (JT) has a strong market presence in the tobacco industry with a wide range of popular brands and product offerings. It benefits from a loyal customer base both in Japan and internationally.

The company has a robust distribution network and efficient supply chain management, allowing it to reach customers effectively and maintain competitive pricing.

JT possesses a strong financial position and has the ability to invest in research and development to innovate and create new tobacco products in response to changing consumer preferences.

Weaknesses

While JT has a strong domestic market presence, it faces challenges in expanding its reach in certain international markets due to regulatory restrictions and increasing health concerns related to tobacco consumption.

The company heavily relies on the tobacco industry, which is facing a declining global demand and increasing regulatory measures aimed at reducing tobacco usage.

JT's brand image may be negatively impacted by public perception regarding the health risks associated with tobacco products.

Opportunities

The growing popularity of reduced-risk products, such as e-cigarettes and heat-not-burn devices, presents an opportunity for JT to diversify its product portfolio and appeal to health-conscious consumers.

Expanding into emerging markets with less stringent regulations on tobacco products offers JT the chance to tap into new customer segments and drive revenue growth.

Investing in research and development to develop innovative smokeless tobacco alternatives could position JT as a leader in the market and help address health concerns associated with traditional cigarettes.

Threats

The increasing global awareness of health risks associated with smoking and stricter regulations on tobacco marketing and usage pose a significant threat to JT's profitability and market share.

Intense competition within the tobacco industry from both established players and new entrants presents challenges for JT to maintain its market position and pricing power.

Changes in consumer behavior and preferences towards healthier lifestyles may lead to a decline in tobacco consumption, impacting JT's revenue and profitability.

Japan Tobacco Eulerpool Fair Value

Details

Fair Value Estimate

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

Japan Tobacco historical P/E ratio, EBIT multiple, and P/S ratio

Japan Tobacco annual returns

Details

Annual Return

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

Japan Tobacco shares outstanding

The number of shares was Japan Tobacco in 2025 — This indicates how many shares 1.775 B is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Number of stocks
Details
Date
Number of stocks
Jan 1, 2006
1.92 B base_Shares
Jan 1, 2007
1.92 B base_Shares
Jan 1, 2008
1.92 B base_Shares
Jan 1, 2009
1.92 B base_Shares
Jan 1, 2010
1.92 B base_Shares
Jan 1, 2011
1.91 B base_Shares
Jan 1, 2012
1.9 B base_Shares
Jan 1, 2013
1.82 B base_Shares
Jan 1, 2014
1.82 B base_Shares
Jan 1, 2015
1.8 B base_Shares
Jan 1, 2016
1.79 B base_Shares
Jan 1, 2017
1.79 B base_Shares
Jan 1, 2018
1.79 B base_Shares
Jan 1, 2019
1.78 B base_Shares
Jan 1, 2020
1.77 B base_Shares

Japan Tobacco Dividend History

34 years of dividend payments

YearAnnual DividendYoY ChangePayments
2025227JPY 17.0%
Jun 27, 202597JPY 0.0%1/2
Dec 29, 2025130JPY 34.0%2/2
2024194JPY 0.0%
2023194JPY 3.2%

Japan Tobacco dividend history and estimates

In 2025, Japan Tobacco paid a dividend amounting to 227 JPY. Dividend means that Japan Tobacco distributes a portion of its profits to its owners.
  • Max

Dividend
Dividend (Estimate)
Details
Date
Dividend
Dividend (Estimate)
Invalid Date
10,800 JPY
-10,786 JPY
Jan 1, 2007
4,400 JPY
0 JPY
Jan 1, 2008
5,200 JPY
0 JPY
Jan 1, 2009
5,600 JPY
0 JPY
Jan 1, 2010
5,600 JPY
0 JPY
Jan 1, 2011
8,000 JPY
0 JPY
Jan 1, 2012
6,030 JPY
0 JPY
Jan 1, 2013
84 JPY
0 JPY
Jan 1, 2014
150 JPY
0 JPY
Jan 1, 2015
118 JPY
0 JPY
Jan 1, 2016
130 JPY
0 JPY
Jan 1, 2017
140 JPY
0 JPY
Jan 1, 2018
150 JPY
0 JPY
Jan 1, 2019
154 JPY
0 JPY
Jan 1, 2020
154 JPY
0 JPY

Japan Tobacco dividend payout ratio

In 2025, Japan Tobacco had a payout ratio of 76.74%. The payout ratio indicates the percentage of the company's profits that Japan Tobacco distributes as dividends.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Payout ratio
Details
Date
Payout ratio
Jan 1, 2006
49.09 %
Jan 1, 2007
17.66 %
Jan 1, 2008
40.37 %
Jan 1, 2009
38.75 %
Jan 1, 2010
36.99 %
Jan 1, 2011
23.75 %
Jan 1, 2012
33.16 %
Jan 1, 2013
35.7 %
Jan 1, 2014
75.18 %
Jan 1, 2015
43.64 %
Jan 1, 2016
55.24 %
Jan 1, 2017
63.93 %
Jan 1, 2018
69.7 %
Jan 1, 2019
78.62 %
Jan 1, 2020
88.1 %
Unfortunately, there are currently no price targets and forecasts available for Japan Tobacco.

Japan Tobacco Earnings Estimates

Japan Tobacco Earnings Estimates

DateEPS estimateRevenue EstimateQuarterly report
6/28/202428.58JPY726.49 BJPY2024 Q4
4/30/202487.34JPY706.09 BJPY2024 Q1
7/27/202389.35JPY761.25 BJPY2023 Q2
4/26/202390.28JPY719.84 BJPY2023 Q1
2/13/202323.9JPY656.27 BJPY2022 Q4
10/31/202252.92JPY688.84 BJPY2022 Q3
7/29/202261.79JPY625.28 BJPY2022 Q2
4/28/202251.25JPY557.62 BJPY2022 Q1
2/14/20221.42JPY542.29 BJPY2021 Q4
10/29/202143.59JPY586.17 BJPY2021 Q3

EESG©

Eulerpool ESG Scorecard© for the Japan Tobacco stock

79/100
86
Environment
92
Social
59
Governance
E

Environment

20
Scope 1 - Direct Emissions341,572.371
Scope 2 - Indirect emissions from purchased energy364,218.599
Scope 3 - Indirect emissions within the value chain7,997,072.93
Total CO₂ emissions705,790.97
CO₂ reduction strategy
Coal energy
Nuclear power
Animal experiments
Fur & Leather
Pesticides
Palm Oil
Tobacco
Genetically modified organisms
Climate concept
Sustainable forestry
Recycling regulations
Environmentally friendly packaging
Hazardous substances
Fuel consumption and efficiency
Water consumption and efficiency
S

Social

20
Percentage of female employees
Percentage of women in management
Percentage of Asian employees
Share of Asian management
Percentage of Hispanic/Latino employees
Hispano/Latino Management share
Percentage of Black employees
Black Management Share
Percentage of white employees
White Management Share
Adult content
Alcohol
Weapons
Firearms
Gambling
Military contracts
Human rights concept
Privacy concept
Occupational health and safety
Catholic
G

Governance (Corporate Governance)

4
Environmental reporting
Stakeholder Engagement
Call Back Policies
Antitrust law

The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.

Japan Tobacco shareholders

% Name
37.56246%
Ministry of Finance Government of Japan
Ministry of Finance Government of Japan
2.91302%
Nomura Asset Management Co., Ltd.
Nomura Asset Management Co., Ltd.
1.95013%
The Vanguard Group, Inc.
The Vanguard Group, Inc.
1.84870%
SMBC Nikko Securities Inc.
SMBC Nikko Securities Inc.
1.77110%
BlackRock Institutional Trust Company, N.A.
BlackRock Institutional Trust Company, N.A.
1.27858%
Nikko Asset Management Co., Ltd.
Nikko Asset Management Co., Ltd.
1.27801%
Daiwa Asset Management Co., Ltd.
Daiwa Asset Management Co., Ltd.
0.84488%
Barclays Securities Japan Limited
Barclays Securities Japan Limited
0.75764%
GQG Partners, LLC
GQG Partners, LLC
0.67973%
Japan Securities Finance Co Ltd
Japan Securities Finance Co Ltd
...

Japan Tobacco Executives and Management Board

MT

Mr. Masamichi Terabatake

(58)

President, Chief Executive Officer, Executive Officer, Chief Director of Tobacco Business, Representative Director · since 2018

Compensation686 M JPY
KN

Mr. Kei Nakano

(56)

Vice President, Executive Officer, Director · since 2017

Compensation209 M JPY
MI

Mr. Mutsuo Iwai

(63)

Chairman of the Board · since 2005

SO

Mr. Shigeaki Okamoto

(63)

Vice Chairman of the Board

HF

Mr. Hiromasa Furukawa

Executive Officer, Chief Financial Officer

Japan Tobacco Supply Chain

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Most common questions regarding Japan Tobacco

Japan Tobacco Inc. operates under a diversified business model encompassing manufacturing and sales of tobacco products, pharmaceuticals, and processed food products. As one of the leading tobacco companies globally, Japan Tobacco Inc. focuses on providing high-quality products to customers around the world. With a strong emphasis on sustainability, the company aims to enhance societal value through its operations. Japan Tobacco Inc. continuously strives for innovation and invests in research and development to meet evolving consumer preferences and regulatory requirements. Through its comprehensive business model, the company aims to deliver value to shareholders, customers, and society at large.

All fundamentals about Japan Tobacco

Our stock analysis for Japan Tobacco Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Japan Tobacco Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.