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Ukraine latest news. Russian missiles against the Odessa region, 6 injured

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Ukraine latest news.  Russian missiles against the Odessa region, 6 injured

Less than 3% of Japanese companies have withdrawn from Russia

Less than 3% of Japanese companies in Russia have decided to withdraw from the market following the invasion of Ukraine, the lowest percentage among the G7 countries. This is shown by a survey by the Teikoku Databank, commissioned by the School of Management of Yale University, in the USA, which involved 1,300 companies worldwide.

Of the 168 Japanese companies operating in Russia, only 4, or 2.4%, exited the Russian market, well below 48% of British companies, 33% of Canadian companies and 29% of US counterparts. Italy, according to the survey, is second only to Japan for the smaller proportion of companies to have decided to leave Russia, with 5%. Much of the caution expressed by Tokyo, reveals the analysis, is expressed by the desire to operate a temporary suspension of activities, in anticipation of a resumption of business in “the foreseeable future”. Among these companies, about 40% of the sample, decided only temporarily to stop production, block deliveries and not receive orders until a date to be decided.

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