B · Normal
[After being taken over by Russia, Japan Tobacco’s losses may reach 1.3 trillion yen] On November 10, after the assets of seven companies under Japan Tobacco Company in Russia were temporarily taken over by Russia, the company’s stock price plummeted for two consecutive days. It is estimated that if Japan Tobacco Company loses its business and management rights in Russia, it will face losses of up to 1.3 trillion yen (approximately 158 yen per US dollar). Russian President Vladimir Putin signed presidential decrees on the 5th and 6th respectively, announcing that Russia would temporarily take over the assets of seven companies under Japan Tobacco Company in Russia. After the incident, the company's stock price plummeted, hitting the limit for two consecutive trading days. According to Japanese media reports on the 10th, affected by this, Japan Tobacco Company announced the cancellation of the online individual investor briefing originally scheduled to be held on the 26th, and the subsequent holding time has not yet been determined. (Xinhua News Agency)
Global market intelligence 🕐 2026-11-10 21:14

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