JAPAF (Japan Tobacco) Total Operating Expense: $7,277 Mil (TTM As of Mar. 2026)


JAPAF Japan Tobacco Inc JAPAF
75 GF Score
Price $37.74
GF Value $31.40
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Japan Tobacco Total Operating Expense?

Japan Tobacco JAPAF 75 Total Operating Expense is $7,277 Mil as of Mar. 2026. GuruFocus rates JAPAF with a GF Score™ of 75/100 and a GF Value™ of $31.40 (Modestly Overvalued). The stock has 7 warning signs investors should review.

Japan Tobacco's Total Operating Expense for the three months ended in Mar. 2026 was $1,529 Mil. Japan Tobacco's Total Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 was $7,277 Mil.

Japan Tobacco Total Operating Expense Related Terms

Japan Tobacco Total Operating Expense Historical Data

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The historical data trend for Japan Tobacco's Total Operating Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Japan Tobacco Total Operating Expense Chart

Japan Tobacco Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Operating Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7,668.71 6,828.58 6,605.19 8,946.42 7,022.28

Japan Tobacco Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Total Operating Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,572.18 2,050.41 1,519.58 2,178.07 1,528.77
JAPAF
75GF Score
Japan Tobacco Inc JAPAF
Total Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Japan Tobacco Total Operating Expense Calculation

Total Operating Expense is the primary recurring expense associated with central operations that are incurred in order to generate sales.


Total Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $7,277 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Total Operating Expense of $7,277 Mil mean?
Japan Tobacco (JAPAF) has a Total Operating Expense of $7,277 Mil as of Mar. 2026. Total operating expense is the primary recurring expense associated with central operations. View historical data on Japan Tobacco and its competitors.
Is Japan Tobacco's Total Operating Expense too high?
Japan Tobacco's current Total Operating Expense is $7,277 Mil. Overall, Japan Tobacco has a GF Score™ of 75/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Japan Tobacco's Total Operating Expense compare to PM and MO?
Japan Tobacco's Total Operating Expense of $7,277 Mil can be compared against companies in the Tobacco Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Operating Expense for a Tobacco Products company?
A good Total Operating Expense depends on the Tobacco Products industry context. However, Total Operating Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Operating Expense mean?
A high Total Operating Expense can signal that a stock is expensive relative to its fundamentals. Total operating expense is the primary recurring expense associated with central operations. View historical data on Japan Tobacco and its competitors. Japan Tobacco's current Total Operating Expense is $7,277 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Japan Tobacco stock overvalued right now?
Based on GuruFocus' analysis, Japan Tobacco (JAPAF) is currently considered Modestly Overvalued. The stock's GF Value™ is $31.40, compared to a current price of $37.74 — trading 20.2% above its estimated fair value. The current Total Operating Expense is $7,277 Mil. Japan Tobacco's overall GF Score™ is 75/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Operating Expense calculated?
Total Operating Expense is calculated from a company's financial statements. For Japan Tobacco (JAPAF), the current Total Operating Expense is $7,277 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Japan Tobacco (JAPAF) Overvalued in 2026?

Based on GuruFocus' analysis, Japan Tobacco stock appears to be overvalued. The current stock price of $37.74 is trading 20.2% above its estimated GF Value™ of $31.40. GuruFocus considers Japan Tobacco to be Modestly Overvalued.

Key valuation signals for JAPAF:

  • Total Operating Expense: $7,277 Mil
  • GF Value™: $31.40 vs. price of $37.74 (20.2% above fair value)
  • GF Score™: 75/100 with 7 warning signs

No single metric tells the full story. See the JAPAF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Japan Tobacco Business Description

Address 4-1-1 Toranomon, Minato-ku, Tokyo, JPN, 105-6927
Japan Tobacco primarily sells cigarettes and reduced-risk products, organized in three clusters consisting of Asia (which includes its home market and countries in Asia Pacific), Western Europe, and EMA (which includes Eastern Europe, the Middle East North Africa, Turkey, Americas, and duty-free). Its leading cigarette brands include Winston (non-US), Camel (non-US), Mevius, and LD. Its reduced-risk brands include Logic in vaping, Ploom in heated tobacco, and Nordic Spirit in nicotine pouches, though these generates less than 5% of tobacco sales.
75GF Score

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Total Operating Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$37.74
Price
$31.40
GF Value