Asia · Financial press · Nikkei Asia
Japan Tobacco seizure by Russia clouds Tokyo's investment plans
Detailed summary
Potential hit to group dividends threatens public-private strategic fund pool
A loss of dividend income from Japan Tobacco could threaten planned investments by Japan's government, including in chipmaker Rapidus. (Photo by Yuki Nakao)
TOKYO -- The Kremlin's order to place Japan Tobacco units under temporary control of a Russian company has raised concerns about Tokyo's industrial investments, which are partly funded by dividends from JT shares.
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