The Takatori hypothermal tin–tungsten vein deposit is composed of wolframite-bearing quartz veins with minor cassiterite, chalcopyrite, pyrite, and lithium-bearing muscovite and sericite. Several wolframite rims show replacement textures, which are assumed to form by iron replacement with manganese postdating the wolframite precipitation. Lithium isotope ratios (δ7Li) of Li-bearing muscovite from the Takatori veins range from −3.1‰ to −2.1‰, and such Li-bearing muscovites are proven to occur at the early stage of mineralization. Fine-grained sericite with lower Li content shows relatively higher δ7Li values, and might have precipitated after the main ore forming event. The maximum oxygen isotope equilibrium temperature of quartz–muscovite pairs is 460 °C, and it is inferred that the fluids might be in equilibrium with ilmenite series granitic rocks. Oxygen isotope ratios (δ18O) of the Takatori ore-forming fluid range from +10‰ to +8‰. The δ18O values of the fluid decreased with decreasing temperature probably because the fluid was mixed with surrounding pore water and meteoric water. The formation pressure for the Takatori deposit is calculated to be 160 MPa on the basis of the difference between the pressure-independent oxygen isotope equilibrium temperature and pressure-dependent homogenization fluid inclusions temperature. The ore-formation depth is calculated to be around 6 km. These lines of evidence suggest that a granitic magma beneath the deposit played a crucial role in the Takatori deposit formation.