[Japan Tobacco's Losses Could Reach 1.3 Trillion Yen After Russian Takeover] According to Jinse Finance, Japan Tobacco's stock price plummeted for two consecutive days after the Russian authorities temporarily took over the assets of seven of its subsidiaries in Russia. It is estimated that if Japan Tobacco loses control of its operations in Russia, it will face losses of up to 1.3 trillion yen (approximately 158 yen to 1 US dollar). Russian President Vladimir Putin signed presidential decrees on March 5th and 6th, announcing the temporary takeover of the assets of seven Japan Tobacco subsidiaries in Russia. Following the announcement, the company's stock price plummeted, hitting the daily limit down for two consecutive trading days. According to Japanese media reports on March 10th, as a result, Japan Tobacco announced the cancellation of its online investor briefing originally scheduled for March 26th, with no new date set for its event. (Xinhua News Agency)