Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N
2914.T - Japan Tobacco Inc
Q1 2026 Japan Tobacco Inc Earnings Presentation
May 08, 2026 / 08:00AM GMT
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Presentation
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Good afternoon. I am Hidomasa Furukawa, CFO of the JT Group.
Thank you very much for joining us today for JT Group's first quarter 2026 earnings briefing.
I will begin by explaining the consolidated results for the first quarter, marking a strong start to the year.
As shown on the slide, both revenue and AOP recorded significant increases on both constant FX and reported basis, mainly driven by a robust quarter in the tobacco business.
AOP at constant FX, our key profit management indicator, increased by 20.5% year-on-year, resulting in strong operating profit and profit growth.
The FX impact was positive, mainly driven by depreciation of several currencies, including the Russian ruble
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