The corresponding decision has already been made by Panasonic, Yamaha and others.
Japanese producers are suspending supplies to Russia, as well as shutting down production in this country, as Russia continues the war it has unleashed in Ukraine, according to Japan news.
For example, Panasonic, a company that makes TVs and other consumer electronics, has suspended supplies of its products to Russia. The company noted that it “took into account economic and logistical difficulties.”
Read also: Ukraine will understand the surrender of Russia – Reznikov
Leading manufacturer of construction equipment Komatsu Ltd. decided to suspend the supply of mining equipment and spare parts to Russia. The company is also considering the possibility of suspending the production of hydraulic excavators and dump trucks at production facilities located in Russia.
Hitachi Construction Machinery Co. also stopped supplying hydraulic excavators to the aggressor country. In mid-April, she plans to stop local production.
Exports from Japan to Russia have also been suspended by Yamaha Motor Co., a company that makes motorcycles and motorcycles.
Announced the suspension of production at the plant in St. Petersburg and the automaker Nissan. The company also suspended the export of finished cars to Russia.
Toyota Motor Corp. and Mitsubishi Motors Corp. also decided to suspend local production and exports to Russia.
According to trade statistics from the Ministry of Finance, Japanese exports to Russia in 2021 amounted to 862.3 billion yen, which is about 1% of total exports. Cars accounted for about 40% of the total, or 357.4 billion yen, with vehicles and cars accounting for more than 70%.
On February 24, Russian President Vladimir Putin announced the beginning of a “special military operation” in Ukraine, effectively starting a full-scale war in our country. The countries of the world impose sanctions on Russia, the world's leading companies suspend their work in the aggressor country or leave its market altogether.
Visa and Mastercard payment systems will stop servicing Russian cards from March 10. Cards issued in Russia will be valid domestically, but will become inactive abroad. Conversely, cards issued abroad will not work domestically.
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