Japan Tobacco Stock Forecast

Stock Price Forecast

According to 11 analysts polled by S&P Global, Japan Tobacco stock has a consensus rating of "Buy" and an average price target of ¥6,638. The average 1-year stock price forecast is 8.52% higher than the current stock price, while the lowest is ¥5,800 (-5.18%) and the highest is ¥7,300 (+19.34%).

Price Target: ¥6,638 (+8.52%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	¥5,800	¥6,638	¥6,500	¥7,300
Change	-5.18%	+8.52%	+6.26%	+19.34%

Analyst Ratings

The average analyst rating for Japan Tobacco stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Jan '26	Feb '26	Mar '26	Apr '26	May '26	Jun '26
Strong Buy	3	3	3	3	3	3
Buy	4	4	4	4	4	4
Hold	4	5	5	5	4	4
Sell	1	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	12	12	12	12	11	11

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Unknown Analyst Mizuho Securities No rating	Mizuho Securities	Hold Maintains ¥6,400	Hold	Maintains	¥6,400	+4.63%	Jun 29, 2026
Andrei Andon Ionita Jefferies	Jefferies	Hold Maintains ¥6,200 → ¥6,400	Hold	Maintains	¥6,200 → ¥6,400	+4.63%	Jun 24, 2026
Unknown Analyst Nomura No rating	Nomura	Hold Maintains ¥6,100	Hold	Maintains	¥6,100	-0.28%	Jun 22, 2026
Satoshi Fujiwara J.P. Morgan	J.P. Morgan	Buy Maintains ¥6,700 → ¥7,300	Buy	Maintains	¥6,700 → ¥7,300	+19.34%	May 29, 2026
Unknown Analyst Daiwa No rating	Daiwa	Buy Maintains ¥6,600 → ¥7,300	Buy	Maintains	¥6,600 → ¥7,300	+19.34%	May 14, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

3.78T

from 3.47T

9.01%

from 3.47T

Revenue Next Year

3.98T

from 3.78T

5.35%

from 3.78T

EPS This Year

n/a

from -

EPS Next Year

n/a

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	2.32T	2.66T	2.84T	3.15T	3.47T	3.78T
Revenue Growth	11.10%	14.32%	6.90%	10.87%	10.09%	9.01%
Gross Profit	1.37T	1.57T	1.62T	1.74T	1.95T	2.24T
Gross Margin	58.84%	58.95%	56.85%	55.32%	56.19%	59.25%
Operating Income	486.81B	636.66B	645.13B	301.72B	837.94B	981.62B
Net Income	338.49B	442.72B	482.29B	179.24B	510.18B	614.57B
Dividend / Share	140.00	188.00	194.00	194.00	234.00	254.00
Dividend Growth	-	34.29%	3.19%	-	20.62%	8.55%
Free Cash Flow	413.03B	292.02B	349.80B	193.84B	167.75M	519.78B
No. Analysts	-	-	-	-	-	10

Financial currency is JPY.

Revenue Forecast

Revenue	2026	2027	2028
High	3.9T
Avg	3.8T
Low	3.6T

Revenue Growth

Revenue Growth	2026	2027	2028
High	12.8%
Avg	9.0%
Low	3.9%

EPS Forecast

EPS	2026	2027	2028
High	-
Avg	-
Low	-

EPS Growth

EPS Growth	2027	2028
High	-
Avg	-
Low	-