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Japan Tobacco Inc. (JAPAF)
OTHER OTC:JAPAF
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Earnings Data
Report Date
Feb 13, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
0.13Last Year’s EPS
0.15Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Oct 31, 2018
|% Change Since: -3.54%
|Next Earnings Date:Aug 01, 2018
Earnings Call Sentiment|Neutral
The earnings call presented a mixed picture. On the positive side, revenue and AOP showed growth, particularly driven by the tobacco business and successful expansion of Ploom. The Vector acquisition is expected to strengthen JT's position in the U.S. market. However, challenges exist due to unfavorable FX impacts, decreased free cash flow, and ongoing litigation in Canada, alongside a decline in the pharmaceutical business.Company Guidance
In the Q3 2024 earnings call for Japan Tobacco Inc., the company reported a 2.6% year-on-year increase in AOP at constant FX, driven by strong performance in the tobacco and processed food businesses. Operating profit rose by 0.8%, while free cash flow decreased by JPY 159.8 billion to JPY 260.5 billion due to working capital changes. The Vector acquisition, completed in October, is anticipated to boost market share in the U.S. from 2.4% to 8.2%, with a projected annual contribution of USD 2.4 billion in revenue. The acquisition is expected to increase the company's market share and profitability, although the exact margin impact remains undisclosed. The company revised its full-year forecast upwards, with core revenue at constant FX expected to grow by 8.2% and AOP by 6.3%, reflecting strong pricing and favorable volume performance. The potential impact of ongoing Canadian litigation on dividends was noted, with considerations for adjustments if necessary. Overall, the earnings call highlighted strategic growth through acquisitions and robust performance across key segments.Revenue and AOP Growth
Revenue and AOP increased both at constant FX and on a reported basis. AOP at constant FX increased 2.6% year-on-year, driven by the tobacco business' robust pricing contributions.
Tobacco Business Volume Growth
Total volume for tobacco products, including combustibles and RRP, grew by 2.2% year-on-year with RRP volume increasing significantly by 22.8% year-on-year.
Successful Expansion of Ploom
Ploom volume increased by 40% year-on-year to 5.9 billion units, with Ploom now available in 23 markets.
Processed Food Business Performance
Processed food business revenue increased by JPY 2 billion, driven by price revisions and steady sales growth in the seasoning business. AOP increased year-on-year due to revenue growth.
Vector Acquisition
The acquisition of Vector Group is expected to significantly increase JT's market share in the U.S. from 2.4% to 8.2%, adding approximately 9 billion units of sales volume in the U.S.
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JAPAF Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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JAPAF Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Oct 31, 2024 | $26.56 | $24.80 | -6.63% |
| Aug 02, 2024 | $26.99 | $24.90 | -7.74% |
| May 09, 2024 | $25.65 | $26.08 | +1.68% |
| Feb 13, 2024 | $24.62 | $24.93 | +1.26% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Japan Tobacco Inc. (JAPAF) report earnings?
Japan Tobacco Inc. (JAPAF) is schdueled to report earning on Feb 13, 2025, TBA Not Confirmed.
What is Japan Tobacco Inc. (JAPAF) earnings time?
Japan Tobacco Inc. (JAPAF) earnings time is at Feb 13, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is JAPAF EPS forecast?
JAPAF EPS forecast for the fiscal quarter 2024 (Q4) is 0.13.
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