Update on the Group's Russian Business
JAPAN TOBACCO INC.'s Russian subsidiaries (consolidated subsidiaries)
Petro LLC, JTI Donskoy Tabak LLC, JTI Yelets LLC, Cres Neva LLC, JTI Russia LLC, JTI Innovative Products LLC, and 1 other dormant company. Russian business
Because they became subject to temporary administration under Russian presidential decrees
Related procedures
Administrative temporary administration
President of Russia (Russian presidential decrees)
The proportion of the Russian market and other information included in the revised full-year outlook announced with the fiscal 2026 third-quarter results is provided for reference. The impact of the current temporary administration on performance is still being assessed, and no additional revision to the earnings forecast has been disclosed.
We will continue assessing local conditions and gathering information, and consider possible responses and their impact. We will promptly notify you if any matters requiring disclosure arise.
The company will promptly disclose any matters requiring disclosure if they arise.
| Item | Details |
|---|---|
| Event name | Update on the Group's Russian Business |
| Date of occurrence | Became subject to temporary administration under Russian presidential decrees dated 5 November 2026 and 6 November 2026 |
| Subject Entity | JAPAN TOBACCO INC.'s Russian subsidiaries (consolidated subsidiaries) |
| Target Locations / Products | Petro LLC, JTI Donskoy Tabak LLC, JTI Yelets LLC, Cres Neva LLC, JTI Russia LLC, JTI Innovative Products LLC, and 1 other dormant company. Russian business |
| Cause | Because they became subject to temporary administration under Russian presidential decrees |
| Impact on Earnings Forecast | The proportion of the Russian market and other information included in the revised full-year outlook announced with the fiscal 2026 third-quarter results is provided for reference. The impact of the current temporary administration on performance is still being assessed, and no additional revision to the earnings forecast has been disclosed. |
| Type of litigation or proceeding | Administrative temporary administration |
| Court or authority | President of Russia (Russian presidential decrees) |
| Date of filing / date of action | Russian presidential decrees dated 5 November 2026 and 6 November 2026 |
| Outlook | We will continue assessing local conditions and gathering information, and consider possible responses and their impact. We will promptly notify you if any matters requiring disclosure arise. |
| Planned follow-up disclosure | The company will promptly disclose any matters requiring disclosure if they arise. |
Items this document does not state (14)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.The impact on the Russian business of the future operation of temporary administration and other developments still needs to be monitored.