Stable Operating Cash Flow and Diverse Funding Sources
First written in FY2016-Q2. 26 of 39 entries say "Advanced", first in FY2016-Q3. Latest entry: 2026-10-29.
23 other companies' latest entry also says "Advanced".
- FY2026-H1AdvancedAnnual report
「Cash flows from operating activities for the interim consolidated accounting period amounted to ¥331.3 billion, compared with ¥167.5 billion in the same period of the previous fiscal year. This was attributable mainly to stable cash flow generation from the tobacco business, despite payments of corporate income taxes and other taxes, among other factors.」
Cash flows from operating activities increased from ¥167.5 billion in the same period of the previous fiscal year to ¥331.3 billion, demonstrating a track record of the tobacco business as the primary stable source of funds. - 2026-05-08RestatedEarnings
「This was despite payments of tobacco taxes, mainly reflecting the generation of stable cash flow from the tobacco business and other factors.」
Cash flow from operating activities in the first quarter of the fiscal year ending December 2026 was an inflow of ¥39.6 billion, an improvement from the ¥6.6 billion outflow in the same period of the previous year. The Group reiterated that the tobacco business generated stable cash flow. - FY2025Decline in operating cash flow and expansion of credit facilitiesAnnual report
「Cash flows from operating activities for the fiscal year amounted to ¥514.1 billion, compared with ¥630.0 billion in the previous fiscal year. As of the end of the fiscal year, the Company had ¥683.9 billion in committed credit facilities from major financial institutions in Japan and overseas, all of which remained undrawn.」
Cash flows from operating activities decreased from the previous fiscal year, while committed credit facilities increased to ¥683.9 billion and remained fully undrawn. - FY2025-H1Decrease in Operating Cash FlowAnnual report
「Cash flows from operating activities for the interim consolidated accounting period amounted to ¥167.5 billion, compared with ¥260.2 billion in the same period of the previous fiscal year. This was attributable mainly to stable cash flow generation from the tobacco business, despite payments of tobacco taxes and corporate income taxes, among other factors.」
Stable cash flow generation from the tobacco business was maintained, but cash flows from operating activities decreased from ¥260.2 billion in the same period of the previous fiscal year to ¥167.5 billion. - FY2024AdvancedAnnual report
「Cash flows from operating activities for the fiscal year amounted to ¥630.0 billion, compared with ¥566.3 billion in the previous fiscal year.」
Cash flows from operating activities increased from the previous fiscal year, and 99.8% of the ¥601.3 billion in committed credit facilities remained undrawn at the end of the fiscal year. - FY2024-H1AdvancedAnnual report
「Cash flows from operating activities for the interim consolidated accounting period amounted to ¥260.2 billion, compared with ¥206.9 billion in the same period of the previous fiscal year. This was attributable mainly to stable cash flow generation from the tobacco business, despite payments of trade and other payables, among other factors.」
Cash flows from operating activities increased from ¥206.9 billion in the same period of the previous fiscal year to ¥260.2 billion, demonstrating a track record of the tobacco business as a stable source of funds. - FY2024-Q1AdvancedAnnual report
「Cash flows from operating activities for the first quarter of the fiscal year amounted to ¥61.8 billion, compared with ¥55.7 billion in the same period of the previous fiscal year. This was attributable mainly to stable cash flow generation from the tobacco business, despite payments of tobacco taxes and corporate income taxes and payments of trade and other payables, among other factors. JT International Financial Services B.V., an overseas subsidiary of the Company, issued the following euro-denominated senior notes on 11 April 2024.」
Cash flows from operating activities increased from ¥55.7 billion in the same period of the previous fiscal year to ¥61.8 billion. In addition, after the filing on 11 April 2024, the Company issued a total of €600 million in euro-denominated senior notes maturing on 11 April 2034, maintaining and specifying its financing sources. - FY2023AdvancedAnnual report
「Cash flows from operating activities for the fiscal year amounted to ¥567.0 billion, compared with ¥483.8 billion in the previous fiscal year. This was attributable mainly to stable cash flow generation from the tobacco business, despite corporate income tax payments, increases in inventories and prepaid tobacco taxes, among other factors.」
Cash flows from operating activities increased from ¥483.8 billion in the previous fiscal year to ¥567.0 billion. In addition, the Company secured ¥567.7 billion in committed credit facilities, of which 76.2% remained undrawn. - FY2023-Q3AdvancedAnnual report
「Cash flows from operating activities for the first nine months of the fiscal year amounted to ¥490.4 billion, compared with ¥343.6 billion in the same period of the previous fiscal year. This was attributable mainly to stable cash flow generation from the tobacco business, despite corporate income tax payments, an increase in inventories, and payments of trade and other payables, among other factors.」
Cash flows from operating activities increased from ¥343.6 billion in the same period of the previous fiscal year to ¥490.4 billion, demonstrating a track record of the tobacco business as the primary stable source of funds. - FY2023-Q2AdvancedAnnual report
「Cash flows from operating activities for the first six months of the fiscal year amounted to ¥206.9 billion, compared with ¥110.2 billion in the same period of the previous fiscal year. This was attributable mainly to stable cash flow generation from the tobacco business, despite payments of tobacco taxes and corporate income taxes and payments of trade and other payables, among other factors.」
Cash flows from operating activities increased from ¥110.2 billion in the same period of the previous fiscal year to ¥206.9 billion, demonstrating a track record of the tobacco business as a stable source of funds. - FY2023-Q1AdvancedAnnual report
「On 20 April 2023, the Company issued the 15th, 16th and 17th series of secured corporate bonds as follows.」
On 20 April 2023, after the filing, the Company issued ¥10.0 billion of 7-year secured corporate bonds, ¥30.0 billion of 10-year secured corporate bonds and ¥20.0 billion of 20-year secured corporate bonds, all of which were stated to be allocated to the repayment of interest-bearing debt. - FY2022Decline in operating cash flow and expansion of credit facilitiesAnnual report
「Cash flows from operating activities for the fiscal year amounted to ¥483.8 billion, compared with ¥598.9 billion in the previous fiscal year. In addition, as of the end of the fiscal year, the Company had ¥530.0 billion in committed credit facilities from major financial institutions in Japan and overseas, all of which remained undrawn.」
Cash flows from operating activities decreased from the previous fiscal year, while committed credit facilities increased to ¥530.0 billion and remained fully undrawn. - FY2022-Q3AdvancedAnnual report
「JT International Financial Services B.V., an overseas subsidiary of the Company, issued the following US dollar-denominated senior notes on 24 October 2022.」
On 24 October 2022, after the filing, the Company issued US$500 million in senior notes bearing interest at 6.875% per annum and maturing on 24 October 2032, thereby specifying a financing source. Meanwhile, cash flows from operating activities for the first nine months of the fiscal year decreased from ¥428.9 billion in the same period of the previous fiscal year to ¥343.6 billion. - FY2022-Q2Decline in operating cash flow and maintenance of funding sourcesAnnual report
「Cash flows from operating activities for the first six months of the fiscal year amounted to ¥110.2 billion, compared with ¥174.9 billion in the same period of the previous fiscal year. This was attributable mainly to stable cash flow generation from the tobacco business, despite payments of trade and other payables, among other factors.」
Cash flows from operating activities decreased year on year, but stable cash flow from the tobacco business was identified as the primary source of funds. - FY2022-Q1AdvancedAnnual report
「Cash flows from operating activities for the first quarter of the fiscal year amounted to ¥39.0 billion, compared with ¥12.4 billion in the same period of the previous fiscal year. This was attributable mainly to stable cash flow generation from the tobacco business, despite payments of tobacco taxes and corporate income taxes in Japan and overseas and payments of trade and other payables, among other factors.」
Cash flows from operating activities increased from ¥12.4 billion in the same period of the previous fiscal year to ¥39.0 billion, demonstrating a track record of the tobacco business as the primary stable source of funds. - FY2021AdvancedAnnual report
「Cash flows from operating activities for the fiscal year amounted to ¥598.9 billion, compared with ¥519.8 billion in the previous fiscal year. This was attributable mainly to stable cash flow generation from the tobacco business, despite payments of tobacco taxes and corporate income taxes in Japan and overseas, among other factors.」
Cash flows from operating activities increased from the previous fiscal year, demonstrating a track record as a stable source of funds. At the end of the fiscal year, the full ¥478.0 billion in committed credit facilities remained undrawn. - FY2021-Q3AdvancedAnnual report
「Cash flows from operating activities for the first nine months of the fiscal year amounted to ¥428.9 billion, compared with ¥398.2 billion in the same period of the previous fiscal year.」
Cash flows from operating activities increased from ¥398.2 billion in the same period of the previous fiscal year to ¥428.9 billion, demonstrating a track record of the tobacco business as the primary stable source of funds. - FY2021-Q2AdvancedAnnual report
「Cash flows from operating activities for the first six months of the fiscal year amounted to ¥174.9 billion, compared with ¥126.6 billion in the same period of the previous fiscal year. This was attributable mainly to stable cash flow generation from the tobacco business, despite payments of tobacco taxes and corporate income taxes in Japan and overseas and payments of trade and other payables, among other factors.」
Cash flows from operating activities increased from ¥126.6 billion in the same period of the previous fiscal year to ¥174.9 billion, demonstrating a track record of the tobacco business as the primary stable source of funds. - FY2021-Q1AdvancedAnnual report
「Cash flows from operating activities for the first quarter of the fiscal year amounted to ¥12.4 billion, compared with an outflow of ¥1.9 billion in the same period of the previous fiscal year. This was attributable mainly to stable cash flow generation from the tobacco business, despite payments of tobacco taxes and corporate income taxes in Japan and overseas and payments of trade and other payables, among other factors.」
Cash flows from operating activities turned from an outflow of ¥1.9 billion in the same period of the previous fiscal year to an inflow of ¥12.4 billion, demonstrating a track record as a stable source of funds. - FY2020Decline in operating cash flow and maintenance of liquidityAnnual report
「Cash flows from operating activities for the fiscal year amounted to ¥519.8 billion, compared with ¥540.4 billion in the previous fiscal year. This was attributable mainly to stable cash flow generation from the tobacco business, despite payments of tobacco taxes and corporate income taxes in Japan and overseas, among other factors.」
Cash flows from operating activities decreased from the previous fiscal year, but stable cash flow generation from the tobacco business was identified as a source of funds, and the full ¥478.2 billion in committed credit facilities remained undrawn. - FY2020-Q3AdvancedAnnual report
「Cash flows from operating activities for the first nine months of the fiscal year amounted to ¥398.2 billion, compared with ¥257.8 billion in the same period of the previous fiscal year. This was attributable mainly to stable cash flow generation from the tobacco business, despite payments of tobacco taxes and corporate income taxes in Japan and overseas and payments of trade and other payables, among other factors.」
Cash flows from operating activities increased from ¥257.8 billion in the same period of the previous fiscal year to ¥398.2 billion. Commercial paper outstanding also amounted to ¥107.4 billion, indicating that multiple financing sources were being maintained. - FY2020-Q2AdvancedAnnual report
「During the first six months of the fiscal year, the Company drew down subordinated borrowings, consisting of total borrowings of ¥100 billion, a carrying amount of ¥98.976 billion and a maturity date of 31 January 2080.」
As part of the diversification of its financing sources, the Company drew down ¥100 billion in subordinated borrowings on 31 January 2020. In addition, commercial paper outstanding amounted to ¥99.8 billion. - FY2020-Q1AdvancedAnnual report
「In April 2020, the Company increased liquidity on hand by ¥100 billion or more through the issuance of commercial paper and other measures, in preparation for unforeseen circumstances.」
As a precaution against unforeseen circumstances, the Company increased liquidity on hand by ¥100 billion or more through the issuance of commercial paper and other measures in April 2020. - FY2019AdvancedAnnual report
「Cash flows from operating activities for the fiscal year amounted to ¥540.4 billion, compared with ¥461.4 billion in the previous fiscal year. This was attributable mainly to stable cash flow generation from the tobacco business, despite payments of tobacco taxes and corporate income taxes in Japan and overseas, among other factors.」
Cash flows from operating activities increased from ¥461.4 billion in the previous fiscal year to ¥540.4 billion, and the Company disclosed a track record as a stable source of funds. - FY2019-Q3Decrease in Operating Cash FlowAnnual report
「Cash flows from operating activities for the first nine months of the fiscal year amounted to ¥257.8 billion, compared with ¥427.6 billion in the same period of the previous fiscal year. This was attributable mainly to stable cash flow generation from the tobacco business, despite payments of tobacco taxes and corporate income taxes in Japan and overseas, among other factors.」
Cash flows from operating activities decreased from ¥427.6 billion in the same period of the previous fiscal year to ¥257.8 billion, although stable cash flow generation from the tobacco business continued to be reported. - FY2019-Q1AdvancedAnnual report
「Cash flows from operating activities for the first quarter of the fiscal year amounted to ¥121.2 billion, compared with ¥80.2 billion in the same period of the previous fiscal year. This was attributable mainly to stable cash flow generation from the tobacco business, despite payments of tobacco taxes and corporate income taxes in Japan and overseas, among other factors.」
Cash flows from operating activities increased from ¥80.2 billion in the same period of the previous fiscal year to ¥121.2 billion, demonstrating a track record as a stable source of funds. - FY2018AdvancedAnnual report
「Cash flows from operating activities for the fiscal year amounted to ¥461.4 billion, compared with ¥419.2 billion in the previous fiscal year. In addition, as of the end of the fiscal year, the Company had ¥478.5 billion in committed credit facilities from major financial institutions in Japan and overseas, all of which remained undrawn.」
Cash flows from operating activities increased from ¥419.2 billion to ¥461.4 billion, while the full ¥478.5 billion in committed credit facilities remained undrawn. - FY2018-Q3AdvancedAnnual report
「Net cash provided by operating activities in the first nine months of the current consolidated fiscal year was ¥427.6 billion, compared with ¥334.5 billion in the same period of the previous year. This was due to stable cash flow generation from the tobacco business, despite payments of tobacco taxes and corporate taxes in Japan and overseas, among other factors.」
Against a backdrop of stable cash flow generation from the tobacco business, net cash provided by operating activities increased to ¥427.6 billion from ¥334.5 billion in the same period of the previous year. In addition, the company issued corporate bonds in Japan and overseas during the quarter. - FY2018-Q2AdvancedAnnual report
「Net cash provided by operating activities in the first six months of the current consolidated fiscal year was ¥229.2 billion, compared with ¥40.5 billion in the same period of the previous year. This was due to stable cash flow generation from the tobacco business, despite payments of tobacco taxes and corporate taxes in Japan and overseas, among other factors.」
Against a backdrop of stable cash flow generation from the tobacco business, net cash provided by operating activities increased to ¥229.2 billion from ¥40.5 billion in the same period of the previous year. - FY2018-Q1RestatedAnnual report
「The group has historically generated substantial cash flow from operating activities and expects this to remain a source of funds. Operating cash flow is expected to remain stable and cover the funds required for ordinary business activities. As of the end of the first quarter of the current consolidated fiscal year, the group also had committed credit facilities from major domestic and overseas financial institutions. In addition, it had a commercial paper program, uncommitted credit facilities, a domestic shelf registration for corporate bond issuance and a Euro MTN program, among other facilities.」
The company reaffirmed its policy of securing liquidity through a combination of operating cash flow, committed credit facilities, commercial paper and a shelf registration for corporate bond issuance, among other sources. - FY2017AdvancedAnnual report
「As of the end of the fiscal year, the company had ¥601.6 billion in committed credit facilities from major domestic and overseas financial institutions, of which 81.0% was undrawn. In addition, it had a commercial paper program, uncommitted credit facilities, a domestic shelf registration for corporate bond issuance and a Euro MTN program, among other facilities.」
Committed credit facilities increased to ¥601.6 billion, of which 81.0% remained undrawn. Commercial paper outstanding also stood at ¥66.8 billion. - FY2017-Q3RestatedAnnual report
「The company obtains the funds it requires primarily through operating cash flow, borrowings from financial institutions, and the issuance of corporate bonds and commercial paper.」
The company reaffirmed its policy of raising funds through a combination of operating cash flow, borrowings, corporate bonds and commercial paper. - FY2017-Q2RestatedAnnual report
「As of the end of the second quarter of the current consolidated fiscal year, the company had committed credit facilities from major domestic and overseas financial institutions. In addition, it had a commercial paper program, uncommitted credit facilities, a domestic shelf registration for corporate bond issuance and a Euro MTN program, among other facilities.」
The company reaffirmed its policy of securing liquidity through a combination of operating cash flow, committed credit facilities, commercial paper and a shelf registration for corporate bond issuance, among other sources. Commercial paper outstanding at the end of the quarter was ¥28 billion. - FY2017-Q1AdvancedAnnual report
「As of the end of the first quarter of the current consolidated fiscal year, the company had committed credit facilities from major domestic and overseas financial institutions. In addition, it had a commercial paper program, uncommitted credit facilities, a domestic shelf registration for corporate bond issuance and a Euro MTN program, among other facilities.」
The company continued its policy of securing liquidity through operating cash flow, borrowings, corporate bonds and commercial paper, among other sources, and had ¥128.9 billion of commercial paper outstanding at the end of the first quarter. - FY2016RestatedAnnual report
「As of the end of the fiscal year, the company had ¥574.4 billion in committed credit facilities from major domestic and overseas financial institutions, all of which was undrawn. In addition, it had a commercial paper program, uncommitted credit facilities, a domestic shelf registration for corporate bond issuance and a Euro MTN program, among other facilities.」
The company reaffirmed its policy of securing liquidity through a combination of operating cash flow and various borrowings, corporate bonds and commercial paper. - FY2016-Q3AdvancedAnnual report
「This was due to short-term borrowings associated with the acquisition of Natural American Spirit's tobacco business outside the United States, as well as the issuance of corporate bonds to refinance part of those short-term borrowings, while the company also paid dividends.」
The company disclosed a funding policy centered on operating cash flow, borrowings, corporate bonds and commercial paper, and stated that it had actually obtained short-term borrowings and issued corporate bonds to fund the acquisition of Natural American Spirit. - FY2016-Q2First statedAnnual report
「Operating cash flow is expected to remain stable and cover the funds required for ordinary business activities. As of the end of the second quarter of the current consolidated fiscal year, the company also had committed credit facilities from major domestic and overseas financial institutions. In addition, it had a domestic commercial paper program, uncommitted credit facilities, a domestic shelf registration for corporate bond issuance and a Euro MTN program, among other facilities.」
The company explained that it has secured multiple sources of liquidity, including operating cash flow, committed credit facilities, commercial paper, corporate bonds and a shelf registration for corporate bond issuance.