It was reported that Russia had placed JT International's assets in Russia under temporary administration, with the stated aim of extracting an easing of Japan's sanctions against Russia. A total of 34 foreign companies have reportedly been targeted in the same way to date.
Russian President Vladimir Putin took measures to place the assets held by Japan Tobacco in Russia under temporary administration. The specific scope of the assets and the company name are set out in the full article, which reports that the assets were placed under administration pursuant to a decision by the state.
The purpose of this pressure tactic is said to be to extract an easing of sanctions against Russia, including from Japan. Against the backdrop of the continued sanctions, Russia is reportedly applying pressure in this way.
There is information that 34 foreign companies have been treated in the same way to date. The full article does not name the specific companies, but reports that similar measures have been repeated.