The transfer of JTI assets in Russia threatens the Japanese budget with losses.
The Japanese Ministry of Finance is the largest shareholder of the company and receives significant dividends from it.
Japan Tobacco's payment constitutes about 44% of the fund's expected dividend income, which finances industrial and innovation projects.
Against this background, the Japan Tobacco stock fell sharply. Within two days, the quotes fell by more than 30% - this is a record drop, writes Bloomberg.