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Economy

Government to retain Japan Tobacco shares for time being

TOKYO -- The Japanese Ministry of Finance plans to put off selling its stake in Japan Tobacco, apparently out of deference to growers. 

     The government unloaded some shares in the company in 2013 to help fund rebuilding in the northeastern Tohoku region, which was devastated by the March 2011 earthquake and tsunami. This reduced its ownership to one-third. 

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