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Japan Tobacco (2914) · InitiativeAdvanced

Strengthening the R&D Structure Through the Establishment of D-LAB

First written in FY2020-Q1. 4 of 5 entries say "Advanced", first in FY2020. Latest entry: FY2024.

5entries
6years
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How it moved
ProgressHeldSoftenedWorseFirst statedFY2020-Q1AdvancedFY2020 – FY20242020: 120202021: 120212022: 120222023: 120232024: 020242025: 12025
Same theme, other companies
Two-Tier R&D Structure for Basic Research and Business-Unit DevelopmentA theme 6 companies write about · 0 as a headwind · 6 as a tailwind

The whole theme swung hardest in 2025: 1 of 6 companies on the "Worse" side.

2 other companies' latest entry also says "Advanced".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Full recordFilings, disclosures and news, newest first
  1. FY2024AdvancedAnnual report

    「The Group's R&D expenses for the year amounted to ¥78.6 billion, including ¥13.5 billion in R&D expenses related to basic research not attributable to any segment.」

    R&D expenses including D-LAB and basic research increased from ¥70.8 billion in the previous fiscal year to ¥78.6 billion, while the relevant component also increased from ¥10.3 billion to ¥13.5 billion.
  2. FY2022AdvancedAnnual report

    「The Group's R&D expenses for the year amounted to ¥70.8 billion. The research objectives and R&D expenses of each segment are as follows. The R&D expenses described above include expenses incurred by D-LAB, an organisation established within our corporate division for research and development purposes, and ¥10.3 billion in R&D expenses related to basic research not attributable to any segment.」

    R&D expenses including D-LAB and basic research amounted to ¥70.8 billion for the year, with the relevant component disclosed as ¥10.3 billion.
  3. FY2021AdvancedAnnual report

    「The Group's R&D expenses for the year amounted to ¥65 billion. The research objectives and R&D expenses of each segment are as follows. The R&D expenses described above include expenses incurred by D-LAB, an organisation established within our corporate division for research and development purposes, and ¥7.3 billion in R&D expenses related to basic research not attributable to any segment.」

    R&D expenses including D-LAB amounted to ¥65 billion for the year, and D-LAB and basic research expenses were disclosed as ¥7.3 billion.
  4. FY2020AdvancedAnnual report

    「In January 2020, we established D-LAB as an organisation within our corporate division for research and development purposes. The R&D expenses described above include expenses incurred by this organisation and ¥6.5 billion in R&D expenses related to basic research not attributable to any segment.」

    Basic research and other expenses, including D-LAB's R&D expenses, amounted to ¥6.5 billion, and the breakdown of annual R&D expenses of ¥60.8 billion was disclosed.
  5. FY2020-Q1First statedAnnual report

    「In January 2020, we established D-LAB as an organisation within our corporate division for research and development purposes, and from the first quarter of the current consolidated cumulative period, expenses incurred by this organisation have been included in R&D expenses.」

    In January 2020, D-LAB was established within the corporate division for research and development purposes, and its expenses were included in R&D expenses from the first quarter.
Moved together

"Sustainable Growth Over the Medium to Long Term" moved the same way as this thread, in the same document, in 4 of its 5 moves.

444433★123456
  1. ★This thread
  2. 1Sustainable Growth Over the Medium to Long Term4×
  3. 2Strengthening Efforts in Emerging Products4×
  4. 3Executive Compensation Linked to Medium- to Long-Term Corporate Value4×
  5. 4Governance Framework Supporting Transparent, Fair and Rapid Decision-Making4×
  6. 5Strengthening Brand Equity Centered on GFB3×
  7. 6Financial Risk Management Focused on Robustness and Flexibility3×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
Japan Tobacco's next results are scheduled for 2026-10-29. Read the earnings preview
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