The Japanese corporation Toshiba has announced that it is suspending orders and investments in Russia due to the events in Ukraine.
We are very concerned about the situation in Ukraine and have great sympathy for the victims of this conflict. Toshiba Group has suspended taking orders and investments in Russia. We will continue to monitor the situation and very much hope for a speedy end to the conflict.
The corporation said that revenue from work in Russia amounted to about 0.2% of consolidated revenue in the past financial year, which ended on March 31, 2022.
Also, Toshiba reported that they would send about $774,000 to Ukraine as humanitarian aid.