Japanese companies exiting Russia

Japanese gaming giants Sony and Nintendo have halted shipments to Russia, joining a growing list of global brands that are exiting the country following Moscow’s invasion of Ukraine.

Also on Thursday, Hitachi, one of Japan’s biggest electronics and construction equipment makers, said it would suspend operations in Russia.

Japanese carmakers and airlines have also halted exports to Russia and suspended flights to Europe, respectively, citing logistical issues and safety concerns.

Tokyo said on Tuesday it would freeze the assets of dozens of Russian and Belarusian officials and oligarchs, after earlier announcing sanctions targeting Russia’s central bank and the country’s access to the SWIFT international payments system.