Japan demands Russia reverse seizure of Japan Tobacco units

Nikkei Asia · Staff Writer ·

Putin's latest move highlights risks for more than 100 Japanese companies

TOKYO -- Japan has demanded that Russia reverse its move placing local units of Japan Tobacco under Russian corporate control, following a decree signed by President Vladimir Putin.

Putin's latest move highlights risks for more than 100 Japanese companies

In 2023, Russian President Vladimir Putin signed a decree placing companies from "unfriendly" countries under Russian control. Now that rule is being applied to Japanese companies. (Sputnik via Reuters)

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