Japan Tobacco revenue and financials
¥6,990.00Change from previous close: +0.78%Absolute change: +¥54.00
In the fiscal year ended December 2025, Japan Tobacco reported revenue of ¥3.47T (+10.09% year over year). Net income was ¥510.18B, a net margin of 14.7%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +10.09%
- 2025 vs 2024
- Net income growth
- +184.63%
- 2025 vs 2024
- Net margin
- 14.7%
- 2024: 5.7%
Financial data
Amounts in millions of JPY; per-share values in JPY; shares in millions.
| Item | Q2 2026 | Q1 2026 | Q4 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 291,732 | 39,597 | 227,059 | 174,023 | -6,572 | 237,996 | 131,809 | 198,373 | 61,833 | 76,580 | 283,574 | 151,197 |
| Depreciation and amortization | 45,946 | 44,445 | 49,619 | 48,594 | 48,858 | 49,585 | 42,131 | 44,156 | 43,965 | 49,411 | 43,913 | 44,098 |
| Capital expenditure | -29,188 | -24,039 | -48,766 | -25,416 | -27,566 | -41,561 | -29,833 | -29,884 | -26,491 | -33,449 | -22,393 | -16,785 |
| Investing cash flow | -45,929 | -12,493 | -93,709 | -50,874 | -81,091 | -297,126 | -113,940 | -1,026 | -27,674 | -22,089 | -1,389 | -60,944 |
| Financing cash flow | -118,425 | -159,815 | -1,529 | -50,758 | -180,119 | 344,514 | -171,928 | 73,756 | -341,248 | 143,246 | -250,443 | 33,095 |
| Dividends paid | -4,848 | -225,877 | -398 | -4,899 | -167,293 | -588 | -171,594 | -4,748 | -172,715 | -367 | -166,473 | -5,030 |
| Share repurchases | -16.0 | -842 | — | -959 | -620 | — | -1.0 | — | -1.0 | — | -1.0 | — |
| Debt issued | -105,703 | 141,912 | 5,533 | 524,974 | 99,437 | 581,280 | -102 | 97,621 | 197 | 143,021 | 12.0 | 57,010 |
| Debt repaid | 6,779 | -74,601 | 18,750 | -556,216 | -110,377 | -209,593 | 526 | -11,551 | -161,320 | 6,898 | -77,189 | -12,758 |
| Effect of exchange rates | 3,187 | -1,096 | -32,345 | 4,268 | -7,421 | 4,334 | -138,932 | 49,789 | 33,831 | -26,574 | 10,081 | 38,719 |
| Net change in cash | 133,287 | -136,513 | 101,672 | 55,822 | -275,203 | 289,720 | -292,993 | 320,892 | -273,258 | 171,163 | 41,822 | 162,068 |
| Free cash flow | 262,544 | 15,558 | 178,293 | 148,607 | -34,138 | 196,435 | 101,976 | 168,489 | 35,342 | 43,131 | 261,181 | 134,412 |
| Levered free cash flow | -38,642 | -1,131 | -161,204 | -106,321 | 54,339 | -22,572 | 89,346 | 74,708 | -12,654 | 104,717 | 212,174 | -3,472 |