Japan Tobacco
Financial history
- Revenue · FYE Dec 2025
- ¥3.47tn
- Operating profit · FYE Dec 2025
- ¥867bn
- Net profit · FYE Dec 2025
- ¥510bn
- Total assets
- ¥8.42tn
- Equity ratio
- 48.9%
- Long-term series
- 1993–2025
Japan Tobacco: long-term performance & turning pointsSales (revenue) and profit-margin ratio
Sales (¥ bn)Net margin (%)| Fiscal year | Unit | 1993 *1 FYE Mar | 1994 *1 FYE Mar | 1995 *1 FYE Mar | 1996 *1 FYE Mar | 1997 *1 FYE Mar | 1998 *2 FYE Mar | 1999 *2 FYE Mar | 2000 *2 FYE Mar | 2001 *2 FYE Mar | 2002 *2 FYE Mar | 2003 *2 FYE Mar | 2004 *2 FYE Mar | 2005 *2 FYE Mar | 2006 *2 FYE Mar | 2007 *2 FYE Mar | 2008 *2 FYE Mar | 2009 *2 FYE Mar | 2010 *2 FYE Mar | 2011 *2 FYE Mar | 2012 *2 FYE Mar | 2013 *2 FYE Mar | 2014 *2 FYE Mar | 2014 *2 FYE Dec | 2015 *2 FYE Dec | 2016 *2 FYE Dec | 2017 *2 FYE Dec | 2018 *2 FYE Dec | 2019 *2 FYE Dec | 2020 *2 FYE Dec | 2021 *2 FYE Dec | 2022 *2 FYE Dec | 2023 *2 FYE Dec | 2024 *2 FYE Dec | 2025 *2 FYE Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | JPY | ¥3.33tn | ¥3.39tn | ¥3.50tn | ¥3.55tn | ¥3.70tn | ¥3.60tn | ¥3.88tn | ¥4.37tn | ¥4.50tn | ¥4.54tn | ¥4.49tn | ¥4.63tn | ¥4.66tn | ¥4.64tn | ¥4.77tn | ¥6.41tn | ¥6.83tn | ¥6.13tn | ¥2.06tn | ¥2.03tn | ¥2.12tn | ¥2.40tn | ¥2.02tn | ¥2.25tn | ¥2.14tn | ¥2.14tn | ¥2.22tn | ¥2.18tn | ¥2.09tn | ¥2.32tn | ¥2.66tn | ¥2.84tn | ¥3.06tn | ¥3.47tn |
| YoY | % | — | +1.8% | +3.2% | +1.3% | +4.2% | -2.7% | +7.8% | +12.8% | +3.0% | +0.9% | -1.1% | +3.0% | +0.9% | -0.6% | +2.8% | +34.4% | +6.6% | -10.2% | -66.4% | -1.2% | +4.2% | +13.2% | — | +11.5% | -4.9% | -0.2% | +3.6% | -1.8% | -3.8% | +11.1% | +14.3% | +6.9% | +7.6% | +13.4% |
| Operating profit | JPY | — | — | — | — | — | — | — | — | — | — | — | — | ¥273bn | ¥307bn | ¥332bn | ¥431bn | ¥364bn | ¥297bn | ¥401bn | ¥459bn | ¥532bn | ¥648bn | ¥500bn | ¥565bn | ¥593bn | ¥561bn | ¥565bn | ¥502bn | ¥469bn | ¥499bn | ¥654bn | ¥672bn | ¥314bn | ¥867bn |
| YoY | % | — | — | — | — | — | — | — | — | — | — | — | — | — | +12.3% | +8.2% | +29.7% | -15.5% | -18.5% | +35.3% | +14.4% | +15.9% | +21.8% | — | +13.1% | +5.0% | -5.4% | +0.7% | -11.1% | -6.6% | +6.4% | +31.0% | +2.9% | -53.3% | +175.9% |
| Ordinary profit | JPY | — | — | — | — | — | — | — | — | — | ¥157bn | ¥173bn | ¥214bn | ¥270bn | ¥298bn | ¥312bn | ¥363bn | ¥308bn | ¥255bn | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Net profit | JPY | ¥50bn | ¥64bn | ¥69bn | ¥68bn | ¥80bn | ¥58bn | ¥75bn | ¥51bn | ¥44bn | ¥37bn | ¥75bn | -¥7.6bn | ¥63bn | ¥202bn | ¥211bn | ¥239bn | ¥123bn | ¥138bn | ¥243bn | ¥321bn | ¥344bn | ¥428bn | ¥363bn | ¥486bn | ¥422bn | ¥392bn | ¥386bn | ¥348bn | ¥310bn | ¥338bn | ¥443bn | ¥482bn | ¥179bn | ¥510bn |
| YoY | % | — | +26.4% | +9.1% | -2.2% | +18.0% | -27.6% | +28.6% | -32.0% | -14.0% | -15.6% | +104.6% | -110.1% | — | +222.4% | +4.6% | +13.3% | -48.3% | +12.2% | +75.8% | +31.9% | +7.1% | +24.6% | — | +33.8% | -13.2% | -6.9% | -1.7% | -9.7% | -10.9% | +9.1% | +30.8% | +8.9% | -62.8% | +184.7% |
| Operating margin | % | — | — | — | — | — | — | — | — | — | — | — | — | 5.9% | 6.6% | 7.0% | 6.7% | 5.3% | 4.8% | 19.5% | 22.6% | 25.1% | 27.0% | 24.8% | 25.1% | 27.7% | 26.2% | 25.5% | 23.1% | 22.4% | 21.5% | 24.6% | 23.7% | 10.3% | 25.0% |
| Net margin | % | 1.5% | 1.9% | 2.0% | 1.9% | 2.2% | 1.6% | 1.9% | 1.2% | 1.0% | 0.8% | 1.7% | -0.2% | 1.3% | 4.3% | 4.4% | 3.7% | 1.8% | 2.3% | 11.8% | 15.8% | 16.2% | 17.8% | 18.0% | 21.6% | 19.7% | 18.3% | 17.4% | 16.0% | 14.8% | 14.6% | 16.7% | 17.0% | 5.9% | 14.7% |
- *1 ファクトブック2002
- *2 Securities report
Cost structure Cost of sales SG&A Other operating costs Operating profit Operating margin
Where each yen of revenue goes — cost of sales, SG&A and what is left as operating profit (¥ bn, stacked)
| Fiscal year | Unit | 2005 *1 FYE Mar | 2006 *1 FYE Mar | 2007 *1 FYE Mar | 2008 *1 FYE Mar | 2009 *1 FYE Mar | 2010 *1 FYE Mar | 2011 *1 FYE Mar | 2012 *1 FYE Mar | 2013 *1 FYE Mar | 2014 *1 FYE Mar | 2014 *1 FYE Dec | 2015 *1 FYE Dec | 2016 *1 FYE Dec | 2017 *1 FYE Dec | 2018 *1 FYE Dec | 2019 *1 FYE Dec | 2020 *1 FYE Dec | 2021 *1 FYE Dec | 2022 *1 FYE Dec | 2023 *1 FYE Dec | 2024 *1 FYE Dec | 2025 *1 FYE Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | JPY | ¥4.66tn | ¥4.64tn | ¥4.77tn | ¥6.41tn | ¥6.83tn | ¥6.13tn | ¥2.06tn | ¥2.03tn | ¥2.12tn | ¥2.40tn | ¥2.02tn | ¥2.25tn | ¥2.14tn | ¥2.14tn | ¥2.22tn | ¥2.18tn | ¥2.09tn | ¥2.32tn | ¥2.66tn | ¥2.84tn | ¥3.06tn | ¥3.47tn |
| YoY | % | — | -0.6% | +2.8% | +34.4% | +6.6% | -10.2% | -66.4% | -1.2% | +4.2% | +13.2% | — | +11.5% | -4.9% | -0.2% | +3.6% | -1.8% | -3.8% | +11.1% | +14.3% | +6.9% | +7.6% | +13.4% |
| Cost of sales | JPY | ¥3.71tn | ¥3.73tn | ¥3.84tn | ¥5.23tn | ¥5.55tn | ¥5.02tn | ¥954bn | ¥892bn | ¥899bn | ¥980bn | ¥823bn | ¥920bn | ¥872bn | ¥844bn | ¥933bn | ¥942bn | ¥898bn | ¥957bn | ¥1.09tn | ¥1.23tn | ¥1.38tn | ¥1.52tn |
| SG&A | JPY | ¥677bn | ¥597bn | ¥593bn | ¥750bn | ¥914bn | ¥816bn | ¥727bn | ¥733bn | ¥733bn | ¥829bn | ¥753bn | ¥789bn | ¥754bn | ¥787bn | ¥770bn | ¥832bn | ¥784bn | ¥889bn | ¥942bn | ¥981bn | ¥1.41tn | ¥1.18tn |
| Other operating costs | JPY | — | — | — | — | — | — | — | — | — | — | — | — | -¥77bn | — | — | -¥101bn | — | — | — | — | — | — |
| Operating profit | JPY | ¥273bn | ¥307bn | ¥332bn | ¥431bn | ¥364bn | ¥297bn | ¥401bn | ¥459bn | ¥532bn | ¥648bn | ¥500bn | ¥565bn | ¥593bn | ¥561bn | ¥565bn | ¥502bn | ¥469bn | ¥499bn | ¥654bn | ¥672bn | ¥314bn | ¥867bn |
| YoY | % | — | +12.3% | +8.2% | +29.7% | -15.5% | -18.5% | +35.4% | +14.4% | +15.9% | +21.8% | — | +13.1% | +5.0% | -5.4% | +0.7% | -11.1% | -6.6% | +6.4% | +31.0% | +2.9% | -53.3% | +175.9% |
| Operating margin | % | 5.9% | 6.6% | 7.0% | 6.7% | 5.3% | 4.8% | 19.5% | 22.6% | 25.1% | 27.0% | 24.7% | 25.1% | 27.7% | 26.2% | 25.5% | 23.1% | 22.4% | 21.5% | 24.6% | 23.7% | 10.3% | 25.0% |
| Change | pp | — | +0.7pp | +0.4pp | -0.3pp | -1.4pp | -0.5pp | +14.7pp | +3.1pp | +2.5pp | +1.9pp | — | +0.4pp | +2.6pp | -1.5pp | -0.7pp | -2.4pp | -0.7pp | -0.9pp | +3.1pp | -0.9pp | -13.4pp | +14.7pp |
- *1 Securities report (yuka shoken hokokusho), as filed
Balance sheet Total assets Equity Interest-bearing debt Equity ratio
Total assets, equity and interest-bearing debt (¥ bn), with the equity ratio (%)
| Fiscal year | Unit | 2002 *1 FYE Mar | 2003 *1 FYE Mar | 2004 *1 FYE Mar | 2005 *1 FYE Mar | 2006 *1 FYE Mar | 2007 *1 FYE Mar | 2008 *1 FYE Mar | 2009 *1 FYE Mar | 2010 *1 FYE Mar | 2011 *1 FYE Mar | 2012 *1 FYE Mar | 2013 *1 FYE Mar | 2014 *1 FYE Mar | 2014 *1 FYE Dec | 2015 *1 FYE Dec | 2016 *1 FYE Dec | 2017 *1 FYE Dec | 2018 *1 FYE Dec | 2019 *1 FYE Dec | 2020 *1 FYE Dec | 2021 *1 FYE Dec | 2022 *1 FYE Dec | 2023 *1 FYE Dec | 2024 *1 FYE Dec | 2025 *1 FYE Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | JPY | ¥3.06tn | ¥2.96tn | ¥3.03tn | ¥2.98tn | ¥3.04tn | ¥3.36tn | ¥5.09tn | ¥3.88tn | ¥3.87tn | ¥3.66tn | ¥3.67tn | ¥3.85tn | ¥4.62tn | ¥4.70tn | ¥4.56tn | ¥4.74tn | ¥5.22tn | ¥5.46tn | ¥5.55tn | ¥5.38tn | ¥5.77tn | ¥6.55tn | ¥7.28tn | ¥8.37tn | ¥8.42tn |
| YoY | % | — | -3.4% | +2.4% | -1.6% | +1.9% | +10.8% | +51.2% | -23.7% | -0.2% | -5.6% | +0.3% | +5.1% | +19.8% | — | -3.1% | +4.1% | +10.1% | +4.6% | +1.7% | -3.1% | +7.3% | +13.4% | +11.2% | +14.9% | +0.6% |
| Equity | JPY | ¥1.61tn | ¥1.62tn | ¥1.51tn | ¥1.50tn | ¥1.76tn | ¥2.02tn | ¥2.15tn | ¥1.62tn | ¥1.72tn | ¥1.60tn | ¥1.71tn | ¥1.89tn | ¥2.60tn | ¥2.62tn | ¥2.52tn | ¥2.53tn | ¥2.84tn | ¥2.70tn | ¥2.74tn | ¥2.60tn | ¥2.89tn | ¥3.62tn | ¥3.91tn | ¥3.85tn | ¥4.12tn |
| YoY | % | — | +0.6% | -7.1% | -0.6% | +17.6% | +14.9% | +6.4% | -24.6% | +6.1% | -7.1% | +7.1% | +10.4% | +37.2% | — | -3.9% | +0.3% | +12.4% | -5.0% | +1.6% | -5.3% | +11.0% | +25.3% | +8.2% | -1.6% | +6.9% |
| Interest-bearing debt | JPY | — | — | — | ¥196bn | ¥201bn | ¥214bn | ¥992bn | ¥680bn | ¥592bn | ¥696bn | ¥492bn | ¥315bn | ¥362bn | ¥209bn | ¥247bn | ¥548bn | ¥745bn | ¥978bn | ¥975bn | ¥959bn | ¥919bn | ¥958bn | ¥1.14tn | ¥1.73tn | ¥1.68tn |
| Equity ratio | % | 52.7% | 54.9% | 49.8% | 50.2% | 58.0% | 60.2% | 42.4% | 41.9% | 44.5% | 43.8% | 46.8% | 49.1% | 56.2% | 55.7% | 55.3% | 53.3% | 54.4% | 49.4% | 49.4% | 48.3% | 50.0% | 55.2% | 53.7% | 46.0% | 48.9% |
| Change | pp | — | +2.2pp | -5.1pp | +0.4pp | +7.8pp | +2.2pp | -17.8pp | -0.5pp | +2.6pp | -0.7pp | +3.0pp | +2.3pp | +7.1pp | — | -0.4pp | -2.0pp | +1.1pp | -5.0pp | 0.0pp | -1.1pp | +1.7pp | +5.2pp | -1.5pp | -7.7pp | +2.9pp |
- *1 Securities report (yuka shoken hokokusho), as filed
Cash flow Operating CF Investing CF Financing CF
Cash generated by operations, spent on investment and raised or repaid in financing (¥ bn)
| Fiscal year | Unit | 2002 *1 FYE Mar | 2003 *1 FYE Mar | 2004 *1 FYE Mar | 2005 *1 FYE Mar | 2006 *1 FYE Mar | 2007 *1 FYE Mar | 2008 *1 FYE Mar | 2009 *1 FYE Mar | 2010 *1 FYE Mar | 2011 *1 FYE Mar | 2012 *1 FYE Mar | 2013 *1 FYE Mar | 2014 *1 FYE Mar | 2014 *1 FYE Dec | 2015 *1 FYE Dec | 2016 *1 FYE Dec | 2017 *1 FYE Dec | 2018 *1 FYE Dec | 2019 *1 FYE Dec | 2020 *1 FYE Dec | 2021 *1 FYE Dec | 2022 *1 FYE Dec | 2023 *1 FYE Dec | 2024 *1 FYE Dec | 2025 *1 FYE Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating CF | JPY | ¥90bn | ¥258bn | ¥335bn | ¥251bn | ¥150bn | ¥436bn | ¥145bn | ¥275bn | ¥320bn | ¥400bn | ¥552bn | ¥467bn | ¥396bn | ¥544bn | ¥468bn | ¥377bn | ¥419bn | ¥461bn | ¥540bn | ¥520bn | ¥599bn | ¥484bn | ¥566bn | ¥630bn | ¥514bn |
| YoY | % | — | +187.6% | +29.6% | -25.0% | -40.1% | +190.0% | -66.7% | +89.8% | +16.3% | +24.9% | +38.0% | -15.4% | -15.0% | — | -13.8% | -19.6% | +11.3% | +10.1% | +17.1% | -3.8% | +15.2% | -19.2% | +17.1% | +11.2% | -18.4% |
| Investing CF | JPY | -¥40bn | -¥75bn | -¥229bn | ¥177bn | -¥26bn | -¥150bn | -¥1.67tn | -¥65bn | -¥84bn | -¥119bn | -¥104bn | -¥148bn | -¥163bn | -¥49bn | -¥63bn | -¥688bn | -¥353bn | -¥383bn | -¥124bn | ¥5.4bn | -¥97bn | -¥102bn | -¥125bn | -¥440bn | -¥265bn |
| Financing CF | JPY | -¥125bn | -¥112bn | -¥109bn | -¥202bn | -¥48bn | -¥33bn | ¥519bn | -¥217bn | -¥250bn | -¥185bn | -¥279bn | -¥569bn | -¥145bn | -¥389bn | -¥255bn | ¥91bn | -¥77bn | -¥62bn | -¥334bn | -¥297bn | -¥353bn | -¥306bn | -¥271bn | -¥95bn | -¥475bn |
| Cash & equivalents | JPY | ¥535bn | ¥603bn | ¥602bn | ¥829bn | ¥920bn | ¥1.18tn | ¥215bn | ¥167bn | ¥154bn | ¥244bn | ¥405bn | ¥143bn | ¥253bn | ¥386bn | ¥527bn | ¥294bn | ¥285bn | ¥282bn | ¥357bn | ¥539bn | ¥722bn | ¥867bn | ¥1.04tn | ¥1.08tn | ¥831bn |
| YoY | % | — | +12.7% | -0.2% | +37.8% | +11.0% | +28.2% | -81.8% | -22.2% | -7.7% | +58.2% | +65.7% | -64.7% | +77.4% | — | +36.5% | -44.2% | -2.9% | -1.2% | +26.6% | +50.9% | +33.9% | +20.1% | +20.0% | +4.3% | -23.4% |
- *1 Securities report (yuka shoken hokokusho), as filed
Key ratios Operating margin Net margin ROE Equity ratio
Profitability and balance-sheet strength (%). ROE uses year-end equity.
| Fiscal year | Unit | 2002 *1 FYE Mar | 2003 *1 FYE Mar | 2004 *1 FYE Mar | 2005 *1 FYE Mar | 2006 *1 FYE Mar | 2007 *1 FYE Mar | 2008 *1 FYE Mar | 2009 *1 FYE Mar | 2010 *1 FYE Mar | 2011 *1 FYE Mar | 2012 *1 FYE Mar | 2013 *1 FYE Mar | 2014 *1 FYE Dec | 2015 *1 FYE Dec | 2016 *1 FYE Dec | 2017 *1 FYE Dec | 2018 *1 FYE Dec | 2019 *1 FYE Dec | 2020 *1 FYE Dec | 2021 *1 FYE Dec | 2022 *1 FYE Dec | 2023 *1 FYE Dec | 2024 *1 FYE Dec | 2025 *1 FYE Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating margin | % | — | — | — | 5.9% | 6.6% | 7.0% | 6.7% | 5.3% | 4.8% | 19.5% | 22.6% | 25.1% | 24.7% | 25.1% | 27.7% | 26.2% | 25.5% | 23.1% | 22.4% | 21.5% | 24.6% | 23.7% | 10.3% | 25.0% |
| Change | pp | — | — | — | — | +0.7pp | +0.4pp | -0.3pp | -1.4pp | -0.5pp | +14.7pp | +3.1pp | +2.5pp | -0.4pp | +0.4pp | +2.6pp | -1.5pp | -0.7pp | -2.4pp | -0.7pp | -0.9pp | +3.1pp | -0.9pp | -13.4pp | +14.7pp |
| Net margin | % | 0.8% | 1.7% | -0.2% | 1.3% | 4.3% | 4.4% | 3.7% | 1.8% | 2.3% | 11.8% | 15.8% | 16.2% | 18.0% | 21.6% | 19.7% | 18.3% | 17.4% | 16.0% | 14.8% | 14.6% | 16.7% | 17.0% | 5.9% | 14.7% |
| Change | pp | — | +0.9pp | -1.9pp | +1.5pp | +3.0pp | +0.1pp | -0.7pp | -1.9pp | +0.5pp | +9.5pp | +4.0pp | +0.4pp | +1.8pp | +3.6pp | -1.9pp | -1.4pp | -0.9pp | -1.4pp | -1.2pp | -0.2pp | +2.1pp | +0.3pp | -11.1pp | +8.8pp |
| ROE | % | 2.3% | 4.6% | -0.5% | 4.2% | 11.4% | 10.4% | 11.1% | 7.6% | 8.0% | 15.2% | 18.7% | 18.2% | 13.8% | 19.3% | 16.7% | 13.8% | 14.3% | 12.7% | 11.9% | 11.7% | 12.2% | 12.3% | 4.7% | 12.4% |
| Change | pp | — | +2.3pp | -5.1pp | +4.7pp | +7.2pp | -1.0pp | +0.7pp | -3.5pp | +0.4pp | +7.2pp | +3.5pp | -0.5pp | -4.4pp | +5.5pp | -2.6pp | -2.9pp | +0.5pp | -1.6pp | -0.8pp | -0.2pp | +0.5pp | +0.1pp | -7.6pp | +7.7pp |
| Equity ratio | % | 52.7% | 54.9% | 49.8% | 50.2% | 58.0% | 60.2% | 42.4% | 41.9% | 44.5% | 43.8% | 46.8% | 49.1% | 55.7% | 55.3% | 53.3% | 54.4% | 49.4% | 49.4% | 48.3% | 50.0% | 55.2% | 53.7% | 46.0% | 48.9% |
| Change | pp | — | +2.2pp | -5.1pp | +0.4pp | +7.8pp | +2.2pp | -17.8pp | -0.5pp | +2.6pp | -0.7pp | +3.0pp | +2.3pp | +6.6pp | -0.4pp | -2.0pp | +1.1pp | -5.0pp | 0.0pp | -1.1pp | +1.7pp | +5.2pp | -1.5pp | -7.7pp | +2.9pp |
- *1 Securities report (yuka shoken hokokusho), as filed
Reporting basis
Which accounting standard each fiscal year was filed under. Figures are not strictly comparable across a change of standard.
| Fiscal year | Unit | 2001 *1 FYE Mar | 2002 *1 FYE Mar | 2003 *1 FYE Mar | 2004 *1 FYE Mar | 2005 *1 FYE Mar | 2006 *1 FYE Mar | 2007 *1 FYE Mar | 2008 *1 FYE Mar | 2009 *1 FYE Mar | 2010 *1 FYE Mar | 2011 *1 FYE Mar | 2012 *1 FYE Mar | 2013 *1 FYE Mar | 2014 *1 FYE Mar | 2014 *1 FYE Dec | 2015 *1 FYE Dec | 2016 *1 FYE Dec | 2017 *1 FYE Dec | 2018 *1 FYE Dec | 2019 *1 FYE Dec | 2020 *1 FYE Dec | 2021 *1 FYE Dec | 2022 *1 FYE Dec | 2023 *1 FYE Dec | 2024 *1 FYE Dec | 2025 *1 FYE Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Standard | JGAAP | JGAAP | JGAAP | JGAAP | JGAAP | JGAAP | JGAAP | JGAAP | JGAAP | JGAAP | IFRS | IFRS | IFRS | IFRS | IFRS | IFRS | IFRS | IFRS | IFRS | IFRS | IFRS | IFRS | IFRS | IFRS | IFRS | IFRS | |
| Basis | Consolidated | Consolidated | Consolidated | Consolidated | Consolidated | Consolidated | Consolidated | Consolidated | Consolidated | Consolidated | Consolidated | Consolidated | Consolidated | Consolidated | Consolidated | Consolidated | Consolidated | Consolidated | Consolidated | Consolidated | Consolidated | Consolidated | Consolidated | Consolidated | Consolidated | Consolidated |
- *1 Securities report (yuka shoken hokokusho), as filed
Yen–dollar exchange rate ¥ per US$1
Annual average, yen per one US dollar. Every figure above is in yen as filed — convert one using the rate of its own year, never today's. A higher line is a weaker yen.
| Fiscal year | Unit | 1949 *1 Cal. year | 1950 *1 Cal. year | 1951 *1 Cal. year | 1952 *1 Cal. year | 1953 *1 Cal. year | 1954 *1 Cal. year | 1955 *1 Cal. year | 1956 *1 Cal. year | 1957 *1 Cal. year | 1958 *1 Cal. year | 1959 *1 Cal. year | 1960 *1 Cal. year | 1961 *1 Cal. year | 1962 *1 Cal. year | 1963 *1 Cal. year | 1964 *1 Cal. year | 1965 *1 Cal. year | 1966 *1 Cal. year | 1967 *1 Cal. year | 1968 *1 Cal. year | 1969 *1 Cal. year | 1970 *1 Cal. year | 1971 *1 Cal. year | 1972 *2 Cal. year | 1973 *3 Cal. year | 1974 *3 Cal. year | 1975 *3 Cal. year | 1976 *3 Cal. year | 1977 *3 Cal. year | 1978 *3 Cal. year | 1979 *3 Cal. year | 1980 *4 Cal. year | 1981 *4 Cal. year | 1982 *4 Cal. year | 1983 *4 Cal. year | 1984 *4 Cal. year | 1985 *4 Cal. year | 1986 *4 Cal. year | 1987 *4 Cal. year | 1988 *4 Cal. year | 1989 *4 Cal. year | 1990 *4 Cal. year | 1991 *4 Cal. year | 1992 *4 Cal. year | 1993 *4 Cal. year | 1994 *4 Cal. year | 1995 *4 Cal. year | 1996 *4 Cal. year | 1997 *4 Cal. year | 1998 *4 Cal. year | 1999 *4 Cal. year | 2000 *4 Cal. year | 2001 *4 Cal. year | 2002 *4 Cal. year | 2003 *4 Cal. year | 2004 *4 Cal. year | 2005 *4 Cal. year | 2006 *4 Cal. year | 2007 *4 Cal. year | 2008 *4 Cal. year | 2009 *4 Cal. year | 2010 *4 Cal. year | 2011 *4 Cal. year | 2012 *4 Cal. year | 2013 *4 Cal. year | 2014 *4 Cal. year | 2015 *4 Cal. year | 2016 *4 Cal. year | 2017 *4 Cal. year | 2018 *4 Cal. year | 2019 *4 Cal. year | 2020 *4 Cal. year | 2021 *4 Cal. year | 2022 *4 Cal. year | 2023 *4 Cal. year | 2024 *4 Cal. year | 2025 *4 Cal. year | 2026 *4,5 Cal. year |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Rate | ¥/US$ | ¥360.00 | ¥360.00 | ¥360.00 | ¥360.00 | ¥360.00 | ¥360.00 | ¥360.00 | ¥360.00 | ¥360.00 | ¥360.00 | ¥360.00 | ¥360.00 | ¥360.00 | ¥360.00 | ¥360.00 | ¥360.00 | ¥360.00 | ¥360.00 | ¥360.00 | ¥360.00 | ¥360.00 | ¥360.00 | ¥360.00 | ¥308.00 | ¥274.00 | ¥293.00 | ¥299.00 | ¥292.00 | ¥257.00 | ¥201.00 | ¥230.00 | ¥226.69 | ¥220.55 | ¥249.06 | ¥237.48 | ¥237.53 | ¥238.53 | ¥168.52 | ¥144.60 | ¥128.13 | ¥137.98 | ¥144.81 | ¥134.51 | ¥126.67 | ¥111.18 | ¥102.22 | ¥94.05 | ¥108.77 | ¥121.02 | ¥130.89 | ¥113.84 | ¥107.74 | ¥121.52 | ¥125.28 | ¥115.92 | ¥108.16 | ¥110.15 | ¥116.28 | ¥117.77 | ¥103.33 | ¥93.53 | ¥87.77 | ¥79.78 | ¥79.79 | ¥97.60 | ¥105.84 | ¥121.02 | ¥108.84 | ¥112.16 | ¥110.40 | ¥109.01 | ¥106.78 | ¥109.78 | ¥131.37 | ¥140.51 | ¥151.50 | ¥149.65 | ¥158.16 |
| YoY | % | — | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | -14.4% | -11.0% | +6.9% | +2.0% | -2.3% | -12.0% | -21.8% | +14.4% | -1.4% | -2.7% | +12.9% | -4.6% | 0.0% | +0.4% | -29.4% | -14.2% | -11.4% | +7.7% | +4.9% | -7.1% | -5.8% | -12.2% | -8.1% | -8.0% | +15.7% | +11.3% | +8.2% | -13.0% | -5.4% | +12.8% | +3.1% | -7.5% | -6.7% | +1.8% | +5.6% | +1.3% | -12.3% | -9.5% | -6.2% | -9.1% | 0.0% | +22.3% | +8.4% | +14.3% | -10.1% | +3.1% | -1.6% | -1.3% | -2.0% | +2.8% | +19.7% | +7.0% | +7.8% | -1.2% | +5.7% |
- *1 1949-1971: Fixed Bretton Woods peg ¥360/$ (Dodge Line 1949; Smithsonian ¥308 from Dec 1971).
- *2 1972: Smithsonian peg ¥308/$ (held until Feb 1973 float).
- *3 1973-1979: JIL (Japan Institute for Labour Policy and Training) g0001.xlsx — fiscal-year (Apr–Mar) basis, integer-rounded. PROVISIONAL; upgrade to BOJ FXERM07 calendar-year later.
- *4 1980-2026: Bank of Japan stat-search FM08'FXERM07 (Tokyo market, USD/JPY spot, 17:00 fixing, monthly average) — calendar-year average of monthly averages.
- *5 Provisional — part-year average, not a full calendar year.
All figures are in Japanese yen as filed. Where a foreign-currency comparison is needed elsewhere on this site, yen amounts are converted at the average rate of each figure's own year — not today's rate. Exchange rates & sources →
Read the company history → 日本語版（詳細）— full financial data in Japanese →
Disclaimer
- This page is provided for general information only and is not investment advice, nor a recommendation to buy or sell any security.
- Figures are compiled independently and include our own estimates, approximations and machine-processed data; we make no warranty as to their accuracy or completeness.
- Sources are primarily each company's securities reports and other public filings, but errors and omissions may remain.
- Any use of this information is at the reader's own risk. Past performance does not indicate future results.
- Company names, logos and other marks belong to their respective owners.
Data API
Japan Tobacco’s history, financials, executives and
shareholders are published as static JSON — no key, plain GET.
| Method | Endpoint | Returns |
|---|---|---|
| GET | /api/companies.json | All companies |
| GET | /api/2914/manifest.json | Resource index |
| GET | /api/2914/history.json | History overview |
| GET | /api/2914/timeline.json | Chronology |
| GET | /api/decisions.json | All management decisions (index) |
| GET | /api/2914/decisions.json | Management decisions (index) |
| GET | /api/2914/decisions/{slug}.json | One decision (full dossier) |
| GET | /api/2914/executives.json | Executives |
| GET | /api/2914/shareholders.json | Major shareholders |
| GET | /api/2914/financials.json | Financial statements |
| GET | /api/2914/financials-longterm.json | Long-term results |
| GET | /api/2914/segments.json | Business segments |
| GET | /api/2914/regions.json | Sales by region |
| GET | /api/2914/workforce.json | Workforce |