Earnings Alerts

Japan Tobacco (2914) 1Q Earnings Surpass Expectations with Stellar Net Sales Performance

  • Japan Tobacco‘s first quarter showed net sales amounting to 740.33 billion yen, surpassing the estimated 717.3 billion yen.
  • Net income for the same period reached 157.27 billion yen.
  • The company’s operating income was also higher than expected at 215.82 billion yen, against the estimated 209.69 billion yen.
  • Revenue breakdown showed Tobacco category leading with 680.98 billion yen followed by Processed Food and Pharmaceuticals making 35.69 billion yen and 23.34 billion yen respectively.
  • Adjusted operating profit in the Tobacco sector exceeded estimates (221.65 billion yen) with the recorded 231.88 billion yen.
  • Pharmaceuticals and Processed Food sectors contributed 3.84 billion yen and 2.02 billion yen to the adjusted operating profit respectively.
  • The company’s year forecast maintains the operating income at 648.00 billion yen, despite an estimate of 688.05 billion yen.
  • The projected net income for the year is 455.00 billion yen – that is lower than the estimate of 482.25 billion yen.
  • Japan Tobacco expects the net sales to reach 3.02 trillion yen for the year, again higher than the estimate of 2.98 trillion yen.
  • The company’s estimated dividend is set at 194.00 yen, slightly below the 199.38 yen that was predicted.
  • Opinions on the company’s performance vary with 5 buys, 8 holds and 1 sell out of analysis.

A look at Japan Tobacco Smart Scores

FactorScoreMagnitude
Value3
Dividend5
Growth3
Resilience3
Momentum5
OVERALL SMART SCORE3.8

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Analysts from Smartkarma have provided insights into Japan Tobacco‘s long-term outlook based on their Smart Scores. The company received a high score of 5 for Dividend, indicating a strong outlook for dividend payments to shareholders. This suggests that Japan Tobacco may be an attractive choice for investors seeking consistent income through dividends.

Furthermore, Japan Tobacco scored a 5 in Momentum, reflecting positive market momentum. Combined with moderate scores in other areas such as Value, Growth, and Resilience, Japan Tobacco presents a balanced profile for potential investors looking for stability and growth in the tobacco industry. Overall, with its diversified operations in tobacco, pharmaceuticals, and food, Japan Tobacco remains a prominent player in the market.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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