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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 2021 JPYUSD
Revenue2,324.83B21,159.27M
Gross Profit1,259.01B11,458.78M
Operating income540,732M4,921.41M
Income before tax468,393M4,263.03M
Net income338,490M3,080.73M
EBITDA727,731M6,623.36M
Diluted EPS190.681.73
Dividends Per Share1401.27
Total Assets5,774.20B50,142.92M
Total liabilities2,888.12B25,080.36M
Total equity2,809.25B24,395.44M
Operating cash flow598,909M5,450.90M
Currency in JPYCurrency in USD

Historical Data

 Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021
Revenue 2,139.65B 2,215.96B 2,175.62B 2,092.56B 2,324.83B
Gross Profit 1,215.36B 1,195.57B 1,127.23B 1,090.89B 1,259.01B
Operating income 526,027M 532,832M 452,618M 432,673M 540,732M
Income before tax 538,532M 531,486M 465,232M 420,063M 468,393M
Net income 392,409M 385,676M 348,190M 310,254M 338,490M
EBITDA 670,864M 690,929M 635,937M 611,965M 727,731M
Diluted EPS 218.97 215.20 195.87 174.79 190.68
Dividends Per Share 140 150 154 154 140
Total Assets 5,221.48B 5,461.40B 5,553.07B 5,381.38B 5,774.20B
Total liabilities 2,379.45B 2,760.95B 2,809.46B 2,781.88B 2,888.12B
Total equity 2,761.68B 2,630.59B 2,662.69B 2,522.83B 2,809.25B
Operating cash flow 419,212M 461,389M 540,410M 519,833M 598,909M
 Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021
Revenue 19,081.27M 20,064.33M 19,957.89M 19,599.04M 21,159.27M
Gross Profit 10,838.55M 10,825.28M 10,340.56M 10,217.37M 11,458.78M
Operating income 4,691.07M 4,824.50M 4,152.04M 4,052.43M 4,921.41M
Income before tax 4,802.58M 4,812.31M 4,267.75M 3,934.33M 4,263.03M
Net income 3,499.47M 3,492.08M 3,194.08M 2,905.85M 3,080.73M
EBITDA 5,982.71M 6,255.98M 5,833.70M 5,731.69M 6,623.36M
Diluted EPS 1.95 1.94 1.79 1.63 1.73
Dividends Per Share 1.24 1.35 1.41 1.44 1.27
Total Assets 46,351.38M 49,778.06M 51,097.96M 52,122.44M 50,142.92M
Total liabilities 21,122.55M 25,164.79M 25,851.95M 26,944.52M 25,080.36M
Total equity 24,515.64M 23,976.61M 24,501.45M 24,435.41M 24,395.44M
Operating cash flow 3,738.50M 4,177.62M 4,957.39M 4,868.78M 5,450.90M

Valuation Measures

Dec 2021
PER12.17
ROA6.06%
ROE12.69%
Operating margin23.25%
Profit margin14.55%

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. (2.4%)
  • The Vanguard Group, Inc. (1.5%)
  • BlackRock Fund Advisors (1.1%)
  • Daiwa Asset Management Co. Ltd. (1.1%)
  • Nikko Asset Management Co., Ltd. (1.1%)
  • Mizuho Bank Pension Fund (0.8%)
  • Mitsubishi UFJ Kokusai Asset Management Co., Ltd. (0.5%)
  • Geode Capital Management LLC (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

  • SPVB Developments UK Ltd.
  • 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)/

Competitors

  • British American Tobacco p.l.c.
  • Philip Morris International Inc.
  • Imperial Brands PLC
  • Maruha Nichiro Corp.
  • Nichirei Corporation
  • Akebia Therapeutics, Inc.
  • FibroGen, Inc.
  • LT Group, Inc.
  • Charlie's Holdings Inc
  • 22nd Century Group, Inc.
  • SCM LIFESCIENCE CO., LTD
  • VYNE Therapeutics Inc
  • Arcutis Biotherapeutics Inc
  • Swedish Match AB
  • Schweitzer-Mauduit International, Inc.
  • Regeneron Pharmaceuticals, Inc.
  • Compania de Distribucion Integral Logista Holdings S.A.
  • Inventiva SA
Last Updated on 1 Jul, 2022

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