For debt investors

Maturity Profile

  • ※1 Outstanding bonds (excl. loans)
  • ※2 August 2023 - end rate USD/JPY:146.20 EUR/JPY:159.05 GBP/JPY:184.80
  • ※3 For the purpose of the chart, the Apr 2081 and Oct 2083 subordinated bonds are reflected at the end of their first call period in Apr 2026 and Jan 2029, respectively.

In 2023, JT issued JPY 60 billion aggregate principal amount of straight bonds in Japan. The proceeds are intended to be used for the redemption of No. 12 domestic straight bonds which will mature in Sep 2023. Even under the uncertain financial environment, we extended our debt maturity profile through the issuance of 7/10/20 year bonds as our credit evaluated positively.
We will continue our efforts to maintain a strong financial base that will support the realization of sustainable profit growth in the mid-to long-term through business investment.

Straight Bonds

(As of September 8, 2023)

Issuer Name ISIN Code Issues Issue Date Maturity Date Year Coupon Amount
Japan Tobacco Inc. JP372680CF74 No. 11 domestic straight bonds July 15,
2015
July 15,
2025
10 0.599 25,000 MM
(yen)
Japan Tobacco Inc. JP372680BJ97 No. 13 domestic straight bonds September 10,
2018
September 08,
2028
10 0.355 30,000 MM
(yen)
Japan Tobacco Inc. JP372680CJ96 No. 14 domestic straight bonds September 10,
2018
September 10,
2038
20 0.758 10,000 MM
(yen)
Japan Tobacco Inc. JP372680AP41 No. 15 domestic straight bonds April 20,
2023
April 19,
2030
7 0.713 10,000 MM
(yen)
Japan Tobacco Inc. JP372680BP40 No. 16 domestic straight bonds April 20,
2023
April 20,
2033
10 0.920 30,000 MM
(yen)
Japan Tobacco Inc. JP372680CP49 No. 17 domestic straight bonds April 20,
2023
April 20,
2043
20 1.630 20,000 MM
(yen)
JT International Financial Services B.V. XS1883352764 U.S. Dollar-Denominated senior Notes September 28,
2018
September 28,
2028
10 3.875 500 MM
(USD)
JT International Financial Services B.V. XS1883352095 Euro-Denominated senior Notes September 28,
2018
September 28,
2025
7 1.125 550 MM
(EUR)
JT International Financial Services B.V. XS1883352335 Pound Sterling-Denominated senior Notes September 28,
2018
September 28,
2033
15 2.750 400 MM
(GBP)
JT International Financial Services B.V. XS2082472122 Euro-Denominated senior Notes November 26,
2019
November 26,
2029
10 1.000 500 MM
(EUR)
JT International Financial Services B.V. XS2383503013 U.S. Dollar-Denominated senior Notes September 14,
2021
September 14,
2031
10 2.250 604 MM
(USD)
JT International Financial Services B.V. XS2383492902 U.S. Dollar-Denominated senior Notes September 14,
2021
September 14,
2051
30 3.300 400 MM
(USD)
JT International Financial Services B.V. 144A:
US480914AA80
Reg S:
USN46850AA67
U.S. Dollar-Denominated senior Notes October 24,
2022
October 24,
2032
10 6.875 500 MM
(USD)

Subordinated Bonds

(As of October 8, 2020)

Issuer Name ISIN Code Issues Issue Date Maturity Date Year Coupon Amount Remarks
JT International Financial Services B.V. XS2238783422 Euro-denominated Deeply Subordinated Guaranteed Fixed Rate Resettable Capital Securities due 2081 October 7,
2020
April 7,
2081
60.5 2.375 500 MM
(EUR)
※1
JT International Financial Services B.V. XS2238783778 Euro-denominated Deeply Subordinated Guaranteed Fixed Rate Resettable Capital Securities due 2083 October 7,
2020
October 7,
2083
63 2.875 500 MM
(EUR)
※2
  • ※1 The Issuer may redeem the Subordinated Bonds at its own discretion in the 3-month period ending on and including April 7, 2026 and on each interest payment date thereafter.
    Interest rate is fixed until April 7, 2026 and such fixed interest rate will be reset every 5 years thereafter. The interest rate will step-up by 25bps on April 7, 2031 and further by 75bps on April 7, 2046.
  • ※2 The Issuer may redeem the Subordinated Bonds at its own discretion in the 3-month period ending on and including January 7, 2029 and on each interest payment date thereafter.
    Interest rate is fixed until January 7, 2029 and such fixed interest rate will be reset every 5 years thereafter. The interest rate will step-up by 25bps on January 7, 2034 and further by 75bps on January 7, 2049.

Ratings

Rating Agency Long-term
Standard & Poor's A+
Moody's A2
R&I AA