Japan Tobacco Inc.

TSE:2914 Stock Report

Market Cap: JP¥8.5t

Japan Tobacco Future Growth

Future criteria checks 4/6

Japan Tobacco is forecast to grow earnings and revenue by 20.7% and 4.3% per annum respectively. EPS is expected to grow by 20.7% per annum. Return on equity is forecast to be 15.8% in 3 years.

Key information

20.7%

Earnings growth rate

20.70%

EPS growth rate

Tobacco earnings growth17.5%
Revenue growth rate4.3%
Future return on equity15.79%
Analyst coverage

Good

Last updated12 Aug 2025

Recent future growth updates

Japan Tobacco Inc. Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Feb 17
Japan Tobacco Inc. Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Japan Tobacco Inc. Just Missed Earnings - But Analysts Have Updated Their Models

Nov 03
Japan Tobacco Inc. Just Missed Earnings - But Analysts Have Updated Their Models

Recent updates

Pinning Down Japan Tobacco Inc.'s (TSE:2914) P/E Is Difficult Right Now

Jul 24
Pinning Down Japan Tobacco Inc.'s (TSE:2914) P/E Is Difficult Right Now

An Intrinsic Calculation For Japan Tobacco Inc. (TSE:2914) Suggests It's 48% Undervalued

Jul 09
An Intrinsic Calculation For Japan Tobacco Inc. (TSE:2914) Suggests It's 48% Undervalued

Japan Tobacco (TSE:2914) Has Affirmed Its Dividend Of ¥97.00

Jun 23
Japan Tobacco (TSE:2914) Has Affirmed Its Dividend Of ¥97.00

Here's Why Japan Tobacco (TSE:2914) Can Manage Its Debt Responsibly

Jun 20
Here's Why Japan Tobacco (TSE:2914) Can Manage Its Debt Responsibly

Japan Tobacco (TSE:2914) Has Affirmed Its Dividend Of ¥97.00

May 22
Japan Tobacco (TSE:2914) Has Affirmed Its Dividend Of ¥97.00

Japan Tobacco (TSE:2914) Has Affirmed Its Dividend Of ¥97.00

May 08
Japan Tobacco (TSE:2914) Has Affirmed Its Dividend Of ¥97.00

Japan Tobacco (TSE:2914) Is Due To Pay A Dividend Of ¥97.00

Apr 11
Japan Tobacco (TSE:2914) Is Due To Pay A Dividend Of ¥97.00

Here's What To Make Of Japan Tobacco's (TSE:2914) Decelerating Rates Of Return

Mar 19
Here's What To Make Of Japan Tobacco's (TSE:2914) Decelerating Rates Of Return

Japan Tobacco (TSE:2914) Seems To Use Debt Quite Sensibly

Mar 04
Japan Tobacco (TSE:2914) Seems To Use Debt Quite Sensibly

Japan Tobacco Inc. Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Feb 17
Japan Tobacco Inc. Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Pinning Down Japan Tobacco Inc.'s (TSE:2914) P/E Is Difficult Right Now

Jan 22
Pinning Down Japan Tobacco Inc.'s (TSE:2914) P/E Is Difficult Right Now

Japan Tobacco (TSE:2914) Has Some Way To Go To Become A Multi-Bagger

Dec 14
Japan Tobacco (TSE:2914) Has Some Way To Go To Become A Multi-Bagger

Japan Tobacco Inc.'s (TSE:2914) Intrinsic Value Is Potentially 84% Above Its Share Price

Nov 19
Japan Tobacco Inc.'s (TSE:2914) Intrinsic Value Is Potentially 84% Above Its Share Price
User avatar

The Strategic Expansion And Vector Acquisition Propel Growth And US Market Dominance

Strategic U.S. acquisitions increase market share and revenue stability, supporting growth and profitability in high-margin segments.

Japan Tobacco Inc. Just Missed Earnings - But Analysts Have Updated Their Models

Nov 03
Japan Tobacco Inc. Just Missed Earnings - But Analysts Have Updated Their Models

Here's Why Japan Tobacco (TSE:2914) Can Manage Its Debt Responsibly

Oct 29
Here's Why Japan Tobacco (TSE:2914) Can Manage Its Debt Responsibly

Japan Tobacco Inc.'s (TSE:2914) Business Is Yet to Catch Up With Its Share Price

Oct 13
Japan Tobacco Inc.'s (TSE:2914) Business Is Yet to Catch Up With Its Share Price

Return Trends At Japan Tobacco (TSE:2914) Aren't Appealing

Sep 02
Return Trends At Japan Tobacco (TSE:2914) Aren't Appealing

Earnings and Revenue Growth Forecasts

TSE:2914 - Analysts future estimates and past financials data (JPY Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/20273,651,273601,770605,051737,55112
12/31/20263,511,287553,508562,847705,34712
12/31/20253,407,724492,623445,814709,5008
6/30/20253,314,410193,973388,393537,256N/A
3/31/20253,236,407463,583409,346561,606N/A
12/31/20243,149,759179,240479,644630,011N/A
9/30/20243,077,337482,692323,055468,595N/A
6/30/20243,018,157500,451487,210620,360N/A
3/31/20242,916,132494,870452,145573,184N/A
12/31/20232,841,077482,288445,800567,014N/A
9/30/20232,806,302480,919517,123630,610N/A
6/30/20232,783,816465,662470,759580,475N/A
3/31/20232,741,605463,290391,665500,479N/A
12/31/20222,657,832442,716384,391483,799N/A
9/30/20222,567,311403,484418,474513,599N/A
6/30/20222,447,127377,363437,562534,221N/A
3/31/20222,358,977348,814525,115625,538N/A
12/31/20212,324,838338,490495,991598,909N/A
9/30/20212,266,539391,118444,917550,607N/A
6/30/20212,206,882362,948461,871568,071N/A
3/31/20212,120,307337,666432,684534,130N/A
12/31/20202,092,561310,253411,213519,833N/A
9/30/20202,133,975289,990563,632680,799N/A
6/30/20202,147,295294,234322,730445,106N/A
3/31/20202,189,824313,723286,198417,299N/A
12/31/20192,175,626348,190407,040540,410N/A
9/30/20192,173,891369,139147,753291,541N/A
6/30/20192,199,240396,035304,513454,169N/A
3/31/20192,206,334402,506N/A502,356N/A
12/31/20182,215,962385,677N/A461,389N/A
9/30/20182,222,573391,397N/A512,378N/A
6/30/20182,169,594382,867N/A607,885N/A
3/31/20182,148,565390,929N/A569,933N/A
12/31/20172,139,653392,409N/A419,212N/A
9/30/20172,117,649405,385N/A631,285N/A
6/30/20172,111,738400,236N/A523,701N/A
3/31/20172,115,337381,741N/A478,328N/A
12/31/20162,143,287421,695N/A376,549N/A
9/30/20162,182,953431,398N/A348,092N/A
6/30/20162,234,542433,787N/A318,620N/A
3/31/20162,232,079439,426N/A436,459N/A
12/31/20152,252,884398,176N/A468,432N/A
12/31/20142,692,993485,343N/A724,928N/A
9/30/20142,415,175410,180N/A577,661N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 2914's forecast earnings growth (20.7% per year) is above the savings rate (0.5%).

Earnings vs Market: 2914's earnings (20.7% per year) are forecast to grow faster than the JP market (8.3% per year).

High Growth Earnings: 2914's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 2914's revenue (4.3% per year) is forecast to grow faster than the JP market (4.3% per year).

High Growth Revenue: 2914's revenue (4.3% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 2914's Return on Equity is forecast to be low in 3 years time (15.8%).

Discover growth companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/08/22 14:02
End of Day Share Price 2025/08/22 00:00
Earnings2025/06/30
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Japan Tobacco Inc. is covered by 37 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Takayuki HayanoBarclays
Gaurav JainBarclays
Jonathan LeinsterBerenberg