20 Apr 2022 09:53

Toshiba stops investment in Russia due to military operation in Ukraine

MOSCOW. April 20 (Interfax) - Toshiba Group has suspended investment and order taking in Russia due to the country's military operation in Ukraine, the Japanese company said in a statement.

"We will continue to monitor the situation, and strongly hope for an early end to the conflict," Toshiba said.

Revenues in Russia account for around 0.2% of Toshiba Group's consolidated revenue forecast of JPY 3,340 billion yen for the fiscal year ending March 2022, the company said.