Japan Tobacco Inc. (JAPAY) Q2 2025 Earnings Call Transcript

2025-08-01 07:54:52 ET

Japan Tobacco Inc. (JAPAY)

Q2 2025 Earnings Call

July 31, 2025 4:00 A.M. ET

Company Participants

Hiromasa Furukawa - Senior VP, CFO & Corporate Communications

Nobuya Kato - Executive VP & Deputy CEO

Conference Call Participants

Fujiwara - Unidentified Company

Haruka Miyake - Morgan Stanley, Research Division

Hiroshi Saji - Mizuho Securities Co., Ltd., Research Division

Makoto Morita - Unidentified Company

Takashi Miyazaki - Goldman Sachs Group, Inc., Research Division

Tsukasa Furuta - Unidentified Company

Presentation

Hiromasa Furukawa

Good afternoon. I am Hiromasa Furukawa, CFO of the JT Group. Thank you very much for coming to the investor meeting.

I will begin by explaining our six months consolidated results for FY2025. Please see slide four....

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