# Japan Tobacco Inc. (JAPAY)

> Consumer Defensive · JP · Reports in JPY

Fundamental indicators from Sponda, adjusted for inflation.

[HTML version](https://sponda.capital/en/JAPAY/fundamentals)

## Annual figures

| Year | Revenue (M) | Net Inc. (M) | FCF (M) | Debt (M) | Equity (M) |
| --- | --- | --- | --- | --- | --- |
| 2026 | ¥ 2,003.04B | ¥ 435.45B | ¥ 278.39B | ¥ 1,886.88B | ¥ 4,393.96B |
| 2025 | ¥ 3,498.41B | ¥ 513.49B | ¥ 381.93B | ¥ 1,679.83B | ¥ 4,089.72B |
| 2024 | ¥ 3,149.76B | ¥ 179.24B | ¥ 495.75B | ¥ 1,726.79B | ¥ 3,766.62B |
| 2023 | ¥ 2,841.08B | ¥ 482.29B | ¥ 445.80B | ¥ 1,142.26B | ¥ 3,830.16B |
| 2022 | ¥ 2,657.83B | ¥ 442.72B | ¥ 384.39B | ¥ 958.31B | ¥ 3,540.44B |
| 2021 | ¥ 2,324.84B | ¥ 338.49B | ¥ 495.99B | ¥ 918.62B | ¥ 2,809.26B |
| 2020 | ¥ 2,077.99B | ¥ 308.09B | ¥ 408.35B | ¥ 958.88B | ¥ 2,522.83B |
| 2019 | ¥ 2,134.68B | ¥ 341.64B | ¥ 399.38B | ¥ 974.50B | ¥ 2,662.70B |
| 2018 | ¥ 2,182.89B | ¥ 381.45B | ¥ 299.27B | ¥ 977.78B | ¥ 2,630.59B |
| 2017 | ¥ 2,122.62B | ¥ 387.82B | ¥ 276.85B | ¥ 745.14B | ¥ 2,761.69B |
| 2016 | ¥ 2,147.83B | ¥ 422.59B | ¥ 266.11B | ¥ 547.56B | ¥ 2,456.09B |
| 2015 | ¥ 2,341.45B | ¥ 488.21B | ¥ 341.09B | ¥ 246.92B | ¥ 2,451.60B |
| 2014 | ¥ 1,807.40B | ¥ 290.12B | ¥ 178.87B | ¥ 265.06B | ¥ 2,482.35B |
| 2013 | ¥ 2,363.79B | ¥ 453.02B | ¥ 301.48B | ¥ 374.80B | ¥ 2,225.40B |
| 2012 | ¥ 1,776.32B | ¥ 444.48B | ¥ 315.37B | ¥ 346.67B | ¥ 1,783.19B |
| 2011 | ¥ 3,653.38B | ¥ 194.35B | ¥ 429.38B | ¥ 529.67B | ¥ 2,222.02B |
| 2010 | ¥ 6,397.27B | ¥ 156.94B | ¥ 245.54B | ¥ 711.19B | ¥ 1,561.32B |
| 2009 | ¥ 6,384.64B | ¥ 102.84B | ¥ 75.78B | ¥ 830.07B | ¥ 2,040.10B |
| 2008 | ¥ 5,468.63B | ¥ 134.47B | ¥ 286.76B | N/A | N/A |

Columns not available in this view: annualPriceMultiples, dividends. They require live market data and are shown on the HTML page instead.

## Leverage and liquidity

| Indicator | Value |
| --- | --- |
| Gross Debt / Eq | 0.43 |
| Liabilities / Eq | 0.97 |
| Current Ratio | 2.04 |

## Debt coverage

| Indicator | Value |
| --- | --- |
| Gross Debt / Earnings | 4.73 |
| Gross Debt / FCF | 4.40 |

## Other views

- [Metrics](https://sponda.capital/en/JAPAY.md)
- [Charts](https://sponda.capital/en/JAPAY/charts.md)
- [Compare](https://sponda.capital/en/JAPAY/compare.md)
- [Indicator definitions](https://sponda.capital/en/screener.md)

Data as of 2026-08-27.