# JT Shares Plummet on Russian Takeover Risk

> Japan Tobacco shares hit limit down for second day as Russia controls up to 7 group companies.
- Title: JT Shares Plummet on Russian Takeover Risk · BigGo Finance
- Summary: Japan Tobacco shares hit limit down for second day as Russia controls up to 7 group companies.
- Keywords: japan tobacco, russia, vladimir putin, tokyo stock exchange, limit down, share price, financial loss, markets, BigGo Finance
- Source: BigGo Finance — https://finance.biggo.com/news/bdd39cb2-d27f-4261-ba53-f9de2bf1b931
- Author: BigGo Finance
- Published: 2026-11-09T19:25:15+00:00
- Read time: 1 min
- Topics: japan tobacco, russia, vladimir putin, tokyo stock exchange, limit down, share price, financial loss, finance, markets
## Shares Hit Limit Down
Japan Tobacco shares fell 16% to ¥5,269 on Nov. 9, down ¥1,000 from previous week's close.
## Russian Takeover Trigger
President Vladimir Putin signed a decree on Nov. 6 placing three JT affiliates under Russian management.
## Risk of ¥1.3 Trillion Loss
The market prices in potential losses of up to ¥1.3 trillion (about $8.2 billion) and a dividend cut.
## Key takeaway

Japan Tobacco shares fell 16% to ¥5,269 after Russia took control of 7 group companies, risking up to ¥1.3 trillion in losses.