Japan Tobacco Adjusts Supply Chains to Keep Russian Business, CEO Says

INSUBCONTINENT EXCLUSIVE:
The cigarette maker Japan Tobacco has adjusted its supply chains to comply with Western sanctions against Moscow and keep its business
Turkey, took around a year to complete, Terabatake said.Japan Tobacco, which produces Winston, Camel and domestic Russian brands, originally
said it would consider selling its Russian business in response to the war in Ukraine
Instead, the company suspended investment and marketing activities in Russia but decided to keep four factories and more than 4,000
which totaled $3 billion in 2023, Terabatake told FT.Japan Tobacco was among thetop earning foreign companies in Russia in 2022, the year
companies have either fully exited or suspended operations in Russia since Moscow launched its full-scale invasion, but Ukrainian
researchers estimate that more than 1,300 continue doing business in Russia.Japan has joined Western countries in imposing war-related