A post by @FirstSquawk on X.

Russia has taken additional assets from Japan Tobacco, escalating a series of seizures that have weighed on the company's shares. The move extends Moscow's push to bring foreign-owned holdings under domestic control. Japan Tobacco, whose brands include Winston and Camel, has seen its Russian operations repeatedly reshaped since the invasion of Ukraine. The latest action matters because it further complicates the company's ability to manage its second-largest market by volume. Investors will watch whether Japan Tobacco books further impairments and how the Russian unit's ownership structure evolves.