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Japan protests Russian takeover of Japan Tobacco subsidiaries in Russia

Compiled Nov 6

Japan protests Russian takeover of Japan Tobacco subsidiaries in Russia
Japan protests Russian takeover of Japan Tobacco subsidiaries in Russia · Photo: The Associated Press
1

What happened

Russia placed four subsidiaries of Japan Tobacco Inc. under the temporary management of a Russian company by presidential order

2

The detail

Japan sent senior government officials to Moscow to join the Japanese ambassador in lodging a protest and demanding retraction of the measure

3

The detail

Chief Cabinet Secretary Minoru Kihara confirmed the Japanese government is aware of Putin's order

4

The detail

Tensions between Japan and Russia have risen since Putin visited Iturup, one of four Russian-controlled islands Japan also claims, in August

5

How it unfolded

final days of World War II: The Soviet Union seized the Kuril Islands from Japan · August: Putin visited Iturup, one of the disputed islands, raising tensions with Japan · since September: Russia began placing assets of a growing number of Western companies operating in Russia under temporary Russian control · mid-October: A Japanese journalist was arrested in Russia on suspicion of spying, escalating tensions · late October: Japanese consulate officials were allowed to meet the journalist and confirmed he was in good health · Friday: Japan Tobacco announced its four Russian subsidiaries were placed under temporary Russian management, and Japan lodged a formal protest

6

By the numbers

4 subsidiaries · 37.55% ownership stake

7

Still unresolved

Japan Tobacco said it was still gathering more information about the takeover

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