Japan Tobacco Inc. Website

Japan Tobacco Inc.

TSE-2914

Income Statement
Dec '14
Dec '15
Dec '16
Dec '17
Dec '18
Dec '19
Dec '20
Dec '21
Dec '22
Dec '23
LTM

Total Revenues

2,175,626

2,092,561

2,324,838

2,657,832

2,841,077

3,018,157

Total Revenues % Chg.

-1.8%

-3.8%

11.1%

14.3%

6.9%

8.4%

Cost of Goods Sold, Total

942,299

898,001

956,861

1,090,989

1,225,974

1,344,441

Gross Profit

1,233,327

1,194,560

1,367,977

1,566,843

1,615,103

1,673,716

Selling General & Admin Expenses, Total

613,321

599,546

714,595

756,472

801,067

847,746

R&D Expenses

64,079

60,847

65,016

70,808

75,098

75,098

Depreciation & Amortization

106,094

103,666

108,963

114,258

104,887

104,887

Other Operating Expenses

-19,031

-8,267

-7,403

-11,357

-11,075

-17,806

Other Operating Expenses, Total

764,463

755,792

881,171

930,181

969,977

1,009,925

Operating Income

468,864

438,768

486,806

636,662

645,126

663,791

Interest Expense, Total

-27,557

-22,534

-23,050

-27,020

-28,493

-36,448

Interest And Investment Income

7,943

7,317

13,371

26,535

42,816

57,307

Net Interest Expenses

-19,614

-15,217

-9,679

-485

14,323

20,859

Income (Loss) On Equity Invest.

5,011

4,042

3,997

8,009

8,332

8,774

Currency Exchange Gains (Loss)

-13,297

-35,812

-15,565

-35,079

-51,885

-51,885

Other Non Operating Income (Expenses)

-1,429

4,209

-1,389

-24,561

-13,247

-13,247

EBT, Excl. Unusual Items

439,535

395,990

464,170

584,546

602,649

628,292

Restructuring Charges

—

-10,985

1,688

—

—

—

—

Merger & Related Restructuring Charges

—

—

—

—

—

—

—

—

—

—

Gain (Loss) On Sale Of Investments

—

—

—

—

—

—

—

—

—

—

Gain (Loss) On Sale Of Assets

52,394

34,623

8,219

8,905

18,952

18,952

Asset Writedown

—

-15,713

-12,239

—

—

—

—

EBT, Incl. Unusual Items

465,231

420,062

472,389

593,451

621,601

647,244

Income Tax Expense

103,609

108,034

132,208

149,277

136,292

143,271

Earnings From Continuing Operations

361,622

312,028

340,181

444,174

485,309

503,973

Earnings Of Discontinued Operations

—

—

—

—

—

—

—

—

—

Minority Interest

-13,432

-1,775

-1,691

-1,458

-3,021

-3,522

Net Income

348,190

310,253

338,490

442,716

482,288

500,451

Net Income to Common Incl Extra Items

348,190

310,253

338,490

442,716

482,288

500,451

Net Income to Common Excl. Extra Items

348,190

310,253

338,490

442,716

482,288

500,451

Total Shares Outstanding

1,773.8

1,774.2

1,774.5

1,774.9

1,775.3

1,775.6

Weighted Avg. Shares Outstanding

1,776.8

1,774.1

1,774.4

1,774.7

1,775.1

1,775.4

Weighted Avg. Shares Outstanding Dil

1,777.6

1,774.9

1,775.2

1,775.4

1,775.6

1,775.7

EPS

196

174.9

190.8

249.5

271.7

281.9

EPS Diluted

195.9

174.8

190.7

249.4

271.6

281.8

EBITDA

641,216

606,517

673,863

836,313

824,778

845,236

Effective Tax Rate

22.3%

25.7%

28%

25.2%

21.9%

22.1%