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Consumer Non-Durables

Japan Tobacco Inc.

Business Summary

Japan Tobacco, Inc. engages in the manufacture and sale of tobacco, pharmaceutical and processed food products. It operates through the following divisions: Japanese Domestic Tobacco, International Tobacco, Pharmaceutical, and Processed Food. The Japanese Domestic segment deals with the production and sale of tobacco products in domestic areas. The International Tobacco segment manufactures and markets tobacco products worldwide. The Pharmaceutical segment develops, manufactures, and sells prescription drugs. The Processed Food segment offers processed food, bakery products and seasonings. The company was founded on April 1, 1985 and is headquartered in Tokyo, Japan.

Financial Highlights

Dec 2020 JPYUSD
Revenue2,092.56B19,599.04M
Gross Profit1,090.89B10,217.37M
Operating income432,673M4,052.43M
Income before tax420,063M3,934.33M
Net income310,254M2,905.85M
EBITDA611,965M5,731.69M
Diluted EPS174.791.63
Dividends Per Share1541.44
Total Assets5,381.38B52,122.44M
Total liabilities2,781.88B26,944.52M
Total equity2,522.83B24,435.41M
Operating cash flow519,833M4,868.78M
Currency in JPYCurrency in USD

Historical Data

 Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020
Revenue 2,143.28B 2,139.65B 2,215.96B 2,175.62B 2,092.56B
Gross Profit 1,192.41B 1,215.36B 1,195.57B 1,127.23B 1,090.89B
Operating income 535,001M 526,027M 532,832M 452,618M 432,673M
Income before tax 571,748M 538,532M 531,486M 465,232M 420,063M
Net income 421,695M 392,409M 385,676M 348,190M 310,254M
EBITDA 675,146M 670,864M 690,929M 635,937M 611,965M
Diluted EPS 235.33 218.97 215.20 195.87 174.79
Dividends Per Share 130 140 150 154 154
Total Assets 4,744.37B 5,221.48B 5,461.40B 5,553.07B 5,381.38B
Total liabilities 2,216.33B 2,379.45B 2,760.95B 2,809.46B 2,781.88B
Total equity 2,456.09B 2,761.68B 2,630.59B 2,662.69B 2,522.83B
Operating cash flow 376,549M 419,212M 461,389M 540,410M 519,833M
 Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020
Revenue 19,724.90M 19,081.27M 20,064.33M 19,957.89M 19,599.04M
Gross Profit 10,973.92M 10,838.55M 10,825.28M 10,340.56M 10,217.37M
Operating income 4,923.67M 4,691.07M 4,824.50M 4,152.04M 4,052.43M
Income before tax 5,261.86M 4,802.58M 4,812.31M 4,267.75M 3,934.33M
Net income 3,880.90M 3,499.47M 3,492.08M 3,194.08M 2,905.85M
EBITDA 6,213.44M 5,982.71M 6,255.98M 5,833.70M 5,731.69M
Diluted EPS 2.16 1.95 1.94 1.79 1.63
Dividends Per Share 1.19 1.24 1.35 1.41 1.44
Total Assets 40,677.10M 46,351.38M 49,778.06M 51,097.96M 52,122.44M
Total liabilities 19,002.29M 21,122.55M 25,164.79M 25,851.95M 26,944.52M
Total equity 21,057.92M 24,515.64M 23,976.61M 24,501.45M 24,435.41M
Operating cash flow 3,465.42M 3,738.50M 4,177.62M 4,957.39M 4,868.78M

Valuation Measures

Dec 2020
PER12.01
ROA5.67%
ROE11.96%
Operating margin20.67%
Profit margin14.82%

Key executives

  • President, CEO & Representative Director: Masamichi Terabatake
  • CFO, Representative Director & Executive VP: Naohiro Minami
  • Executive Officer, Head-Research & Development: Hiroyuki Miki
  • Director, Head-Compliance & General Affairs: Kazuhito Yamashita
  • Executive Officer & Head-Digitalization: Takehisa Shibayama

Shareholders

  • Government of Japan (33.3%)
  • Japan Tobacco Inc. (11.2%)
  • Nomura Asset Management Co., Ltd. (2.3%)
  • The Vanguard Group, Inc. (1.5%)
  • Mizuho Bank Pension Fund (1.1%)
  • Nikko Asset Management Co., Ltd. (1.0%)
  • Daiwa Asset Management Co. Ltd. (1.0%)
  • BlackRock Fund Advisors (1.0%)
  • Mitsubishi UFJ Kokusai Asset Management Co., Ltd. (0.5%)
  • Massachusetts Financial Services Co. (0.4%)

Contact Details

  • Website:http://www.jti.co.jp
  • Address: 2-2-1 Toranomon, Minato-Ku, Tokyo, 105-8422, Japan
  • Phone: +81.3.3582.3111

Related Companies

  • True Spirit Tobacco Co.
  • JT Logistics Co., Ltd.
  • Japan Tobacco Restricted Stock Compensation Plan
  • Tokai Plant Service Co., Ltd.
  • JTI (RMS) Ltd.
  • Emerging Products Holding BV
  • JTI Business Services (Asia) Sdn. Bhd.
  • JTI Processadora de Tabaco do Brasil Ltda.
  • United Dhaka Tobacco Co. Ltd.
  • PT Karyadibya Mahardhika
  • PT Surya Mustika Nusantara
  • Fluxo Brasil Distribuidora de Produtos SA
  • Reynolds American, Inc. /Natural American Cigarettes 9/
  • JTI Tutun Urunleri Sanayi AS
  • JT International Group Holding BV
  • Shanghai JS Foods Co. Ltd.
  • Japan Tobacco (Hong Kong) Ltd.
  • Logic Technology Development LLC
  • JT International Co. Ukraine CJSC
  • JTI Tutun Urunleri Pazarlama AS
  • JT (UK) Ltd.
  • Zandera Ltd.
  • Al Nakhla Tobacco Free Zone SAE
  • Batata SA /Subsdiaries (2)/
  • Al Nakhla Tobacco Co. SAE
  • JT International (Asia Pacific) Ltd.
  • JT International (Philippines), Inc.
  • Haggar Cigarette & Tobacco Factory Ltd. (South Sudan)
  • Haggar Holding Co. /Sudan Cigarette & Tobacco Business (2)/
  • National Tobacco Enterprise (Ethiopia) Share Co.

Competitors

  • British American Tobacco p.l.c.
  • Philip Morris International Inc.
  • Swedish Match AB
  • Ajinomoto Co., Inc.
  • Imperial Brands PLC
  • Maruha Nichiro Corp.
  • Nichirei Corporation
  • Nippon Suisan Kaisha, Ltd.
  • LT Group, Inc.
  • Akebia Therapeutics, Inc.
  • Eastern Company
  • Electronic Cigarettes International Group Ltd.
  • Reata Pharmaceuticals, Inc. Class A
  • FibroGen, Inc.
  • Charlie's Holdings Inc
  • 22nd Century Group, Inc.
  • Arcutis Biotherapeutics Inc
  • Schweitzer-Mauduit International, Inc.
  • JW Pharmaceutical Corporation
  • Immunic, Inc.
Last Updated on 13 May, 2021

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