Japan Tobacco Inc.

TSE:2914 Stock Report

Market Cap: JP¥7.4t

Japan Tobacco Management

Management criteria checks 2/4

Japan Tobacco's CEO is Masamichi Terabatake, appointed in Jan 2018, has a tenure of 6.92 years. total yearly compensation is ¥686.00M, comprised of 22.7% salary and 77.3% bonuses, including company stock and options. directly owns 0.014% of the company’s shares, worth ¥1.03B. The average tenure of the management team and the board of directors is 4 years and 1.8 years respectively.

Key information

Masamichi Terabatake

Chief executive officer

JP¥686.0m

Total compensation

CEO salary percentage22.7%
CEO tenure6.9yrs
CEO ownership0.01%
Management average tenure4yrs
Board average tenure1.8yrs

Recent management updates

Recent updates

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

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

Japan Tobacco Inc. (TSE:2914) Just Released Its Half-Year Earnings: Here's What Analysts Think

Aug 05
Japan Tobacco Inc. (TSE:2914) Just Released Its Half-Year Earnings: Here's What Analysts Think

Does Japan Tobacco (TSE:2914) Deserve A Spot On Your Watchlist?

Jul 25
Does Japan Tobacco (TSE:2914) Deserve A Spot On Your Watchlist?

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

Jul 11
Here's Why Japan Tobacco (TSE:2914) Can Manage Its Debt Responsibly

Japan Tobacco's (TSE:2914) Dividend Will Be ¥97.00

Jun 19
Japan Tobacco's (TSE:2914) Dividend Will Be ¥97.00

Getting In Cheap On Japan Tobacco Inc. (TSE:2914) Is Unlikely

May 26
Getting In Cheap On Japan Tobacco Inc. (TSE:2914) Is Unlikely

Results: Japan Tobacco Inc. Exceeded Expectations And The Consensus Has Updated Its Estimates

May 13
Results: Japan Tobacco Inc. Exceeded Expectations And The Consensus Has Updated Its Estimates

Japan Tobacco (TSE:2914) Has Announced A Dividend Of ¥97.00

May 10
Japan Tobacco (TSE:2914) Has Announced A Dividend Of ¥97.00

Japan Tobacco (TSE:2914) Has More To Do To Multiply In Value Going Forward

May 09
Japan Tobacco (TSE:2914) Has More To Do To Multiply In Value Going Forward

Japan Tobacco (TSE:2914) Has Announced A Dividend Of ¥97.00

Apr 25
Japan Tobacco (TSE:2914) Has Announced A Dividend Of ¥97.00

Japan Tobacco (TSE:2914) Will Pay A Dividend Of ¥97.00

Apr 11
Japan Tobacco (TSE:2914) Will Pay A Dividend Of ¥97.00

CEO Compensation Analysis

How has Masamichi Terabatake's remuneration changed compared to Japan Tobacco's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

JP¥483b

Jun 30 2024n/an/a

JP¥500b

Mar 31 2024n/an/a

JP¥495b

Dec 31 2023JP¥686mJP¥156m

JP¥482b

Sep 30 2023n/an/a

JP¥481b

Jun 30 2023n/an/a

JP¥466b

Mar 31 2023n/an/a

JP¥463b

Dec 31 2022JP¥642mJP¥156m

JP¥443b

Sep 30 2022n/an/a

JP¥403b

Jun 30 2022n/an/a

JP¥377b

Mar 31 2022n/an/a

JP¥349b

Dec 31 2021JP¥633mJP¥146m

JP¥338b

Sep 30 2021n/an/a

JP¥391b

Jun 30 2021n/an/a

JP¥363b

Mar 31 2021n/an/a

JP¥338b

Dec 31 2020n/an/a

JP¥310b

Sep 30 2020n/an/a

JP¥290b

Jun 30 2020n/an/a

JP¥294b

Mar 31 2020n/an/a

JP¥314b

Dec 31 2019JP¥222mJP¥156m

JP¥348b

Sep 30 2019n/an/a

JP¥369b

Jun 30 2019n/an/a

JP¥396b

Mar 31 2019n/an/a

JP¥403b

Dec 31 2018JP¥179mJP¥89m

JP¥386b

Compensation vs Market: Masamichi's total compensation ($USD4.38M) is above average for companies of similar size in the JP market ($USD1.37M).

Compensation vs Earnings: Masamichi's compensation has been consistent with company performance over the past year.

CEO

Masamichi Terabatake (59 yo)

6.9yrs

Tenure

JP¥686,000,000

Compensation

Mr. Masamichi Terabatake has been the President and Chief Executive Officer of Japan Tobacco Inc., since January 01, 2018 and had been its Representative Director since March 27, 2018 until October 01, 202...

Leadership Team

NamePositionTenureCompensationOwnership
Masamichi Terabatake
President & CEO6.9yrsJP¥686.00m0.014%
¥ 1.0b
Kei Nakano
EVP of Financeno dataJP¥208.00m0.0028%
¥ 206.7m
Hiromasa Furukawa
Senior VP1.2yrsno datano data
Dinesh Babu Thotakura
General Manager of Media & Investor Relations Divisionno datano datano data
Kenji Ogura
Senior Vice President of Corporate Governance & Complianceno datano datano data
Osamu Hirose
Senior VP & General Counselno datano datano data
Koji Shimayoshi
EVP CG, Complianceless than a yearno data0.00081%
¥ 59.6m
Junichi Fukuchi
SVP & CEO of Tobacco Business - Japan12.5yrsno datano data
Hisashi Ishikawa
VP & Head of Tobacco Business Planning Divisionno datano datano data
Hisato Imokawa
Senior VP & Chief Sustainability Officerno datano datano data
Hiroyuki Fukuda
Senior Vice President of Corporate Strategy & Business Development5.2yrsno datano data
Yoshiyuki Mishima
Senior Vice President of People & Culture2.9yrsno datano data

4.0yrs

Average Tenure

56yo

Average Age

Experienced Management: 2914's management team is considered experienced (4 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Koji Shimayoshi
EVP CG, Complianceless than a yearno data0.00081%
¥ 59.6m
Tsutomu Hashimoto
VP of Operational Review & Business Assurance and Standing Audit & Supervisory Board Member1.8yrsno data0.000090%
¥ 6.6m
Mutsuo Iwai
Chairperson of the Board8.8yrsno data0.0024%
¥ 178.8m
Yukiko Nagashima
Independent Outside Director5.8yrsno datano data
Kenji Asakura
Outside Independent Directorless than a yearno datano data
Tetsuya Shoji
Independent Outside Director2.8yrsno datano data
Hiroko Yamashina
Independent Outside Directorless than a yearno datano data
Masato Kitera
Independent Outside Director3.8yrsno datano data
Nobuo Inada
Independent Outside Audit & Supervisory Board Member1.8yrsno datano data
Shigeaki Okamoto
Deputy Chairperson of the Board2.8yrsno data0.000040%
¥ 2.9m
Hideaki Kashiwakura
Standing Audit & Supervisory Board Member1.8yrsno data0.00068%
¥ 50.0m
Shigeru Taniuchi
Independent Outside Audit & Supervisory Board Member1.8yrsno datano data

1.8yrs

Average Tenure

63yo

Average Age

Experienced Board: 2914's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 02:31
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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 here.

Analysis Model and Snowflake

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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 .

Analyst Sources

Japan Tobacco Inc. is covered by 38 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Gaurav JainBarclays
Takayuki HayanoBarclays
Jonathan LeinsterBerenberg