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Japan Tobacco 2914.T · JPY

Consumer Staples · Tobacco · Tokyo Stock Exchange · 🇯🇵 Japan

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6,269

-19.31%

Close of 6 Nov 2026, in JPY

At a glance

Figures in JPY, from our data supplier.

FY2025

Revenue

¥3.47trn

FY2016FY2025

Net income

¥510.18bn

FY2016FY2025

Free cash flow

¥370.85bn

FY2016FY2025

Shareholders' equity

¥4.09trn

FY2016FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue¥3.47trn¥3.15trn¥2.84trn¥2.66trn¥2.32trn¥2.09trn¥2.18trn¥2.22trn¥2.14trn¥2.14trn
Gross profit¥1.95trn¥1.64trn¥1.51trn¥1.45trn¥1.26trn¥1.09trn¥1.13trn¥1.20trn¥1.22trn¥1.19trn
Research and development—¥78.61bn¥75.10bn¥70.81bn¥65.02bn¥60.85bn¥64.08bn¥65.38bn¥60.60bn¥58.19bn
Operating income¥770.42bn¥304.35bn¥655.73bn¥661.58bn¥540.73bn¥432.67bn¥489.74bn¥532.83bn¥548.60bn¥550.09bn
Net income¥510.18bn¥179.24bn¥482.29bn¥442.72bn¥338.49bn¥310.25bn¥348.19bn¥385.68bn¥392.41bn¥421.69bn
Diluted earnings per share287.11100.93271.57249.32190.67174.87196.30215.30219.10235.47

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Total assets¥8.42trn¥8.37trn¥7.28trn¥6.55trn¥5.77trn¥5.38trn¥5.55trn¥5.46trn¥5.22trn¥4.74trn
Cash and short-term investments¥831.13bn¥1.08trn¥1.04trn¥866.88bn¥721.73bn¥538.84bn¥357.16bn¥317.70bn¥299.50bn¥309.08bn
Total liabilities¥4.30trn¥4.52trn¥3.37trn¥2.93trn¥2.89trn¥2.78trn¥2.81trn¥2.76trn¥2.38trn¥2.22trn
Debt¥1.68trn¥1.73trn¥1.14trn¥958.31bn¥918.62bn¥958.88bn¥974.50bn¥987.59bn¥755.80bn¥547.56bn
Shareholders' equity¥4.09trn¥3.77trn¥3.83trn¥3.54trn¥2.81trn¥2.52trn¥2.66trn¥2.63trn¥2.76trn¥2.46trn
Shares outstanding1,777m1,776m1,776m1,776m1,775m1,774m1,774m1,791m1,791m1,791m

Cash flow

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash from operations¥514.06bn¥630.01bn¥567.01bn¥483.80bn¥598.91bn¥519.83bn¥540.41bn¥461.39bn¥419.21bn¥376.55bn
Capital spending−¥143.20bn−¥127.77bn−¥94.86bn−¥99.41bn−¥102.92bn−¥108.62bn−¥133.37bn−¥138.60bn−¥123.73bn−¥101.07bn
Free cash flow¥370.85bn¥502.24bn¥472.15bn¥384.39bn¥495.99bn¥411.21bn¥407.04bn¥322.78bn¥295.49bn¥275.48bn
Dividends paid−¥356.85bn−¥349.64bn−¥367.33bn−¥266.18bn−¥251.94bn−¥273.13bn−¥270.87bn−¥259.67bn−¥243.55bn−¥229.26bn

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
Revenue¥1.06trn¥923.96bn¥833.65bn¥899.49bn¥907.56bn¥826.98bn¥756.48bn¥823.39bn
Gross profit¥625.03bn¥544.96bn¥440.59bn¥504.23bn¥523.00bn¥480.77bn¥389.31bn¥465.38bn
Operating income¥332.83bn¥297.98bn¥31.63bn¥272.56bn¥223.69bn¥242.55bn−¥328.33bn¥194.82bn
Net income¥234.79bn¥197.04bn−¥1.57bn¥191.84bn¥162.43bn¥157.48bn−¥263.17bn¥137.24bn
Diluted earnings per share132.25110.99-0.89107.9691.4188.63-148.2077.28
Cash from operations¥291.73bn¥39.60bn¥227.06bn¥119.55bn¥174.02bn−¥6.57bn¥238.00bn¥131.81bn
Capital spending−¥29.19bn−¥24.04bn−¥48.77bn−¥41.46bn−¥25.42bn−¥27.57bn−¥41.56bn−¥29.83bn
Free cash flow¥262.54bn¥15.56bn¥178.29bn¥78.09bn¥148.61bn−¥34.14bn¥196.44bn¥101.98bn
Total assets¥8.67trn¥8.35trn¥8.42trn¥8.20trn¥8.26trn¥7.94trn¥8.37trn¥6.95trn
Cash and short-term investments¥827.91bn¥694.62bn¥831.13bn¥729.46bn¥865.18bn¥809.36bn¥1.08trn¥794.85bn
Debt¥1.68trn¥224.18bn¥1.68trn¥74.29bn¥1.63trn¥170.41bn¥201.85bn¥189.34bn
Shareholders' equity¥4.39trn¥4.09trn¥4.09trn¥4.14trn¥4.06trn¥3.78trn¥3.77trn¥3.89trn

Growth per year

Compound annual rate

3 years5 years10 years
Revenue9.3%10.6%4.4%
Operating income5.2%12.2%2.7%
Net income4.8%10.5%0.5%

Average margins

Over each period

1 year3 years5 years10 years
Gross margin54.2%54.1%53.8%54.2%
Operating margin16.2%19.7%20.4%22.1%
Net margin10.4%13.3%13.7%15.6%

Valuation history

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Price to earnings19.640.413.410.712.212.012.412.216.616.3
Price to sales2.92.32.31.81.81.82.02.13.03.2

Dividends and splits

Per share, in the currency the company pays

Paid for 34 years. Last went ex-dividend on 29 Jun 2026.

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Paid in the year136.00324.00197.00207.00150.00142.00154.00152.00
  • 200-for-1 split · 27 Jun 2012
  • 5-for-1 split · 28 Mar 2006

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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