“JAPAN TOBACCO (was) first established by the Government of Japan in 1898 to secure tax revenue. In 1904, the government’s leaf monopoly was extended to a complete takeover of all tobacco … in the nation … to help fund the 1904 Russo-Japanese War. The government remains required by law to own at least one-third of JT’s stock.”
https://lnkd.in/d3XT8DY
linkedin post 2022-06-29 05:12:48
Nigel Fleming
September 21, 2022