# Tobacco industry map (FY2025)

> Scope: 1 businesses (segment level)
> Unit: JPY millions. Each company's period is in the Period column
> Fiscal year: FY2025 = periods ending Apr 2025 to Mar 2026
> Page: https://vizora.meequs.com/en/industry/tobacco
> Retrieved: 2026-09-30T19:49:39.795Z

## Summary (AI; tables are authoritative)

- No other listed company in Japan sells tobacco, so JT is the whole industry here.
- JT's tobacco segment sold ¥3.31T in the FY ending Dec 2025.
- It kept 28.8% of that as operating profit.
- Sales rose +14.1% on the year before.

## Size and profitability

| # | Company (business) | Revenue | Share | Op. income | Op. margin | CAGR | Period |
| --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| 1 | Japan Tobacco（Tobacco） | 3,305,407 | 100.0% | 952,161 | 28.8% | +12.1%（4y） | FY ending Dec 2025 |

## Company-wide structure (¥100 model, FCF)

| Company | COGS | SG&A etc. | Op. income | Net income | FCF (JPY mn) | Source |
| --- | ---: | ---: | ---: | ---: | ---: | ---: |
| Japan Tobacco | 44円 | 31円 | 25円 | 15円 | 351,670 | — |

## Ownership links

| Company | Counterparty | Relation | Ratio | As of |
| --- | ---: | ---: | ---: | ---: |
| Japan Tobacco | 財務大臣 | Major shareholder | 37.5% | 2025-12-31 |
| Japan Tobacco | 日本マスタートラスト信託銀行株式会社（信託口） | Major shareholder | 10.4% | 2025-12-31 |
| Japan Tobacco | 株式会社日本カストディ銀行（信託口） | Major shareholder | 3.5% | 2025-12-31 |
| Japan Tobacco | SMBC日興証券株式会社 | Major shareholder | 1.4% | 2025-12-31 |
| Japan Tobacco | THE NOMURA TRUST AND BANKING CO., LTD. AS THE TRUSTEE OF REPURCHASE AGREEMENT MOTHER FUND （常任代理人 シティバンク、エヌ・エイ東京支店） | Major shareholder | 1.3% | 2025-12-31 |
| Japan Tobacco | STATE STREET BANK AND TRUST COMPANY 505001 （常任代理人 株式会社みずほ銀行決済営業部） | Major shareholder | 1.3% | 2025-12-31 |
| Japan Tobacco | JP MORGAN CHASE BANK 385781 （常任代理人 株式会社みずほ銀行決済営業部） | Major shareholder | 0.9% | 2025-12-31 |
| Japan Tobacco | バークレイズ証券株式会社 BNYM （常任代理人 株式会社三菱UFJ銀行） | Major shareholder | 0.8% | 2025-12-31 |
| Japan Tobacco | ＪＰモルガン証券株式会社 | Major shareholder | 0.8% | 2025-12-31 |
| Japan Tobacco | 日本証券金融株式会社 | Major shareholder | 0.7% | 2025-12-31 |

## Company details

- https://vizora.meequs.com/en/company/japan-tobacco/md

## Definitions

- Amounts are in millions of JPY (rounded). The period is stated in each table heading
- Operating margin = operating income ÷ revenue. Net income is attributable to owners of the parent when disclosed
- Free cash flow (FCF) = operating cash flow − capital expenditure
- ¥100 model = breakdown per ¥100 of revenue (rounded so parts sum to 100)
- Segment revenues include inter-segment sales and may not sum to consolidated revenue
- Source IDs are EDINET document IDs (docID). "算出" (derived) means computed from other disclosed values
- All figures are extracted mechanically from filings. AI-written text never generates figures
- Source: company filings submitted to EDINET (Financial Services Agency of Japan). Figures were extracted, edited and processed, and charts and text were created, by Vizora — not by the FSA (used under the Public Data License v1.0).