Komori
Japan Tobacco (2914) · RiskMaterialised

Decline in total demand in the domestic tobacco market

First written in FY2016-Q2. 25 of 27 entries say "Materialised", first in FY2016-Q2. Latest entry: 2026-10-29.

27entries
11years
2from disclosures
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How it moved
ProgressHeldSoftenedWorseMaterialisedFY2017-Q1 – 2026-10-292016: 220162017: 420172018: 420182019: 420192020: 420202021: 420212022: 220222023: 120232024: 020242025: 020252026: 22026
Same theme, other companies
国内たばこ市場の構造的な総需要減少A theme 1 companies write about · 1 as a headwind · 0 as a tailwind

No other company in this theme has enough history to compare yet.

Full recordFilings, disclosures and news, newest first
  1. FY2022MaterialisedAnnual report

    「Combustibles volumes increased, mainly in emerging markets and Global Travel Retail (the duty-free market), but decreased 0.7% year on year as total demand declined in key markets including the UK, Japan, the Philippines and Russia.」

    The decline in total demand in key markets, including Japan, was reflected in the 0.7% year-on-year decline in Combustibles volumes. quantified is true, and materialized is true.
  2. FY2022-Q3MaterialisedAnnual report

    「Combustibles volumes increased, mainly in Global Travel Retail (the duty-free market), Iran, Myanmar, Poland, Spain and Taiwan, but decreased 0.6% year on year as total demand declined in key markets including the UK, Japan and the Philippines.」

    The decline in total demand in key markets, including Japan, was reflected in the 0.6% year-on-year decline in combustible cigarette volumes.
  3. FY2021MaterialisedAnnual report

    「Total demand for combustibles decreased 8.4% year on year due to secular declines, the expansion of the RRP market and the impact of list-price revisions and other factors.」

    The decline in total demand for domestic combustible cigarettes was reflected in the 8.4% year-on-year decline for the fiscal year ended December 2021.
  4. FY2021-Q3MaterialisedAnnual report

    「Total combustible cigarette demand decreased 8.7% year on year to 82.2 billion cigarettes due to secular declines, the expansion of the RRP market, the impact of the list-price revision in October 2020 and other factors.」

    The decline in total demand in the domestic combustible cigarette market was reflected in the 8.7% year-on-year decline for the nine months ended the third quarter.
  5. FY2021-Q2MaterialisedAnnual report

    「Total combustible cigarette demand decreased 8.9% year on year to 51.9 billion cigarettes due to secular declines, the expansion of the RRP market, the impact of list-price revisions and other factors.」

    The decline in total demand in the domestic combustible cigarette market was reflected in the 8.9% year-on-year decline for the six months ended the second quarter.
  6. FY2021-Q1MaterialisedAnnual report

    「Total combustible cigarette demand decreased 13.0% year on year to 25.0 billion cigarettes due to secular declines, the expansion of the RRP market, the impact of list-price revisions and the spread of COVID-19.」

    The decline in total demand in the domestic combustible cigarette market was reflected in the 13.0% year-on-year decline in the first quarter results.
  7. FY2020MaterialisedAnnual report

    「Total combustible cigarette demand decreased 8.2% year on year due to secular declines, the expansion of the RRP market, list-price revisions, the full enforcement of the Act Partially Amending the Health Promotion Act in April 2020 and the impact of the spread of COVID-19.」

    The decline in total demand in the domestic combustible cigarette market was reflected in the 8.2% year-on-year decline for the fiscal year ended December 2020.
  8. FY2020-Q3MaterialisedAnnual report

    「Although front-loaded demand ahead of the list-price revision increased year on year because the price increase in October 2020 was larger than that in October 2019, total combustible cigarette demand decreased 4.9% year on year due to the expansion of the RRP market, secular declines, the list-price revision in October 2019, the full enforcement of the Act Partially Amending the Health Promotion Act in April 2020 and the impact of the spread of COVID-19.」

    The decline in total demand for domestic combustible cigarettes was reflected in the 4.9% year-on-year decline for the nine months ended the third quarter.
  9. FY2020-Q2MaterialisedAnnual report

    「Total combustible cigarette demand decreased 6.9% year on year due to the expansion of the RRP market, secular declines, list-price revisions, the full enforcement of the Act Partially Amending the Health Promotion Act, and the temporary decline in combustible cigarette demand and increase in RRP demand during the period of refraining from going out under the state of emergency.」

    The decline in total demand for domestic combustible cigarettes was reflected in the 6.9% year-on-year decline in the results.
  10. FY2020-Q1MaterialisedAnnual report

    「Total combustible cigarette demand decreased 2.2% year on year due to the expansion of the RRP market, secular declines and the impact of list-price revisions, despite the increase in the number of business days due to the leap year and other factors.」

    The decline in total demand in the domestic combustible cigarette market was reflected in the 2.2% year-on-year decline in the first quarter of the fiscal year ending December 2020.
  11. FY2019MaterialisedAnnual report

    「Total combustible cigarette demand decreased 6.3% year on year due to secular declines, the expansion of the RRP market and the impact of the list-price revisions implemented in October 2018 and October 2019.」

    The decline in total demand in the domestic combustible cigarette market was reflected in the 6.3% year-on-year decline for the fiscal year ended December 2019.
  12. FY2019-Q3MaterialisedAnnual report

    「Total combustible cigarette demand decreased 9.3% year on year due to the impact of the list-price revision implemented in October 2018, the expansion of the RRP market and secular declines and other factors.」

    The decline in total demand for domestic combustible cigarettes was reflected in the 9.3% year-on-year decline for the nine months ended the third quarter.
  13. FY2019-Q2MaterialisedAnnual report

    「Total combustible cigarette demand decreased 7.2% year on year due to the impact of the list-price revision implemented in October 2018, the expansion of the RRP market and secular declines and other factors.」

    The decline in total demand for domestic combustible cigarettes was reflected in the 7.2% year-on-year decline for the six months ended the second quarter.
  14. FY2019-Q1MaterialisedAnnual report

    「Total combustible cigarette demand decreased 8.5% year on year due to the impact of list-price revisions, the expansion of the RRP market and secular declines.」

    The decline in total demand for domestic combustible cigarettes was reflected in the 8.5% year-on-year decline in the first quarter results.
  15. FY2018MaterialisedAnnual report

    「Total combustible cigarette demand decreased 12.4% year on year due to the expansion of the RRP market, secular declines and other factors.」

    The decline in total demand for domestic combustible cigarettes was reflected in the 12.4% year-on-year decline for the fiscal year ended December 2018.
  16. FY2018-Q3MaterialisedAnnual report

    「Combustible cigarette volumes for the nine months ended the third quarter decreased 8.7% year on year, despite front-loaded demand ahead of the list-price revision in October 2018, due to the impact of the expansion of the RRP market and the decline in total combustible cigarette demand due to secular declines.」

    The decline in total combustible cigarette demand and the expansion of the RRP market continued to be reflected in the 8.7% year-on-year decline in domestic combustible cigarette volumes.
  17. FY2018-Q2MaterialisedAnnual report

    「Combustible cigarette volumes for the six months ended the second quarter decreased 13.8% year on year due to the expansion of the RRP market and the decline in total combustible cigarette demand due to secular declines and other factors.」

    The decline in total combustible cigarette demand and the expansion of the RRP market continued to be reflected in the 13.8% year-on-year decline in domestic combustible cigarette volumes.
  18. FY2018-Q1MaterialisedAnnual report

    「Combustible cigarette volumes for the three months ended the first quarter decreased 15.0% year on year due to the expansion of the RRP market and the decline in total combustible cigarette demand due to secular declines and other factors.」

    The decline in total combustible cigarette demand and the expansion of the RRP market continued to be reflected in the decline in domestic combustible cigarette volumes.
  19. FY2017MaterialisedAnnual report

    「Combustible cigarette volumes for the fiscal year decreased 12.5% year on year due to the expansion of the RRP market and the decline in total combustible cigarette demand due to secular declines and other factors.」

    The decline in total combustible cigarette demand and the expansion of the RRP market were reflected in the 12.5% decline in domestic combustible cigarette volumes for the fiscal year.
  20. FY2017-Q3MaterialisedAnnual report

    「Combustible cigarette volumes for the nine months ended the third quarter decreased 11.8% year on year, primarily due to the expansion of the T-Vapor (tobacco vapor) market and the decline in total combustible cigarette demand due to secular declines and other factors.」

    Domestic combustible cigarette volumes decreased 11.8% year on year due to the decline in total combustible cigarette demand and the expansion of the T-Vapor market, with lower market demand continuing to be reflected in the results.
  21. FY2017-Q2MaterialisedAnnual report

    「Combustible cigarette volumes for the six months ended the second quarter decreased 11.2% year on year, primarily due to the expansion of the T-Vapor (tobacco vapor) market and the decline in total combustible cigarette demand due to secular declines and other factors.」

    Domestic combustible cigarette volumes decreased 11.2% year on year due to the decline in total combustible cigarette demand and the expansion of the T-Vapor market, with lower market demand continuing to be reflected in the results.
  22. FY2017-Q1MaterialisedAnnual report

    「Combustible cigarette volumes for the three months ended the first quarter decreased 15.3% year on year, due to the expansion of the T-Vapor (tobacco vapor) market, the decline in total combustible cigarette demand due to secular declines and other factors, and the reversal of front-loaded demand in the previous corresponding period ahead of list-price revisions for certain brands, including Mevius.」

    Domestic combustible cigarette volumes decreased 15.3% year on year due to the decline in total combustible cigarette demand, the expansion of the T-Vapor market and the reversal of front-loaded demand in the previous corresponding period.
  23. FY2016RestatedAnnual report

    「Although the expansion of the T-Vapor (tobacco vapor) market and the decline in total combustible cigarette demand due to secular declines, as well as the impact of list-price revisions for certain brands, including Mevius, affected volumes, these factors were partly offset by the effects of the acquisition of Natural American Spirit and other factors, resulting in a 2.8% year-on-year decline.」

    Domestic volumes decreased 2.8% year on year due to the decline in total combustible cigarette demand and other factors, with lower market demand continuing to be reflected in the results.
  24. FY2016-Q3RestatedAnnual report

    「Volumes for the nine months ended the third quarter decreased 1.9% year on year, as the decline in total demand and the impact of list-price revisions for certain brands were partly offset by the effects of the acquisition of Natural American Spirit and other factors.」

    The decline in total demand in the domestic tobacco market continued to be cited as a factor behind the decline in volumes.
  25. FY2016-Q2MaterialisedAnnual report

    「Volumes decreased 0.7% year on year, as the decline in total demand due to secular declines and the impact of list-price revisions for certain brands were partly offset by the effects of the acquisition of Natural American Spirit and other factors.」

    Domestic volumes decreased 0.7% year on year, with the decline in total demand reflected in the results.
Moved together

"Integration failures in acquired businesses and impairment risks for goodwill and intangible assets" moved the same way as this thread, in the same document, in 9 of its 27 moves.

976665★123456
  1. ★This thread
  2. 1Integration failures in acquired businesses and impairment risks for goodwill and intangible assets9×
  3. 2Unstable Procurement of Leaf Tobacco and Processed Food Raw Materials7×
  4. 3Litigation risk relating to smoking and health6×
  5. 4Declining total demand in overseas tobacco markets and intensifying competition6×
  6. 5Restructuring involving the disposal of real estate6×
  7. 6Capital Allocation Including Dividends and Share Repurchases5×

★ 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 It last moved in the Earnings Presentation of 2026-10-29: "Materialised".
News
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