Japan Tobacco to receive USD 560m dividend

Japan Tobacco (TSE:2914) announced today that its consolidated subsidiary, JT International Holding B.V., resolved to distribute dividends at a board meeting held on June 23, 2025. As a result, Japan Tobacco is set to receive approximately USD 560 million. The dividend income will be recorded as non-operating income in the company’s standalone financial results for the fiscal year ending December 2025. The company clarifies that as the dividend originates from a consolidated subsidiary, there will be no significant impact on the consolidated financial results for the year ending December 2025. The exchange rate used for the conversion is JPY 144.648 per USD, the average TTM rate for May 2025.