23 Mar 2022 11:04

Sharp suspends shipments to Russia due to situation in Ukraine

MOSCOW. March 23 (Interfax) - Sharp Group is suspending shipments to Russia due to the situation in Ukraine, the Japanese electronics manufacturer said.

"Sharp Group is currently suspending shipping into Russia with the conflict's impact. We will continue to monitor the situation carefully and make adequate measures based on the spirit of our Sharp Group Charter of Corporate Behavior," the company said.

A day earlier, Japanese information technology company NEC also announced that it has suspended new sales of products and services, as well as investment in Russia.

Japan, along with a number of other countries, imposed sanctions against Russia over the events in Ukraine, after which a number of Japanese companies announced the suspension of shipments to and production in Russia, including due to logistics problems. They include Panasonic, Hitachi, Yamaha Motor Co., Tadano Ltd. and Komatsu Ltd.