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The Japan News/Yomiuri

Business

The Yomiuri Shimbun

22% of Japanese companies suspend operations in Russia

Russia Toyota Motor Corp Ukraine

Toyota Motor Corp.'s headquarters in Aichi Prefecture (Credit: The Yomiuri Shimbun)

About 20% of listed Japanese companies operating in Russia suspended business by mid-March after Russia invaded Ukraine, according to data compiled by Teikoku Databank Ltd.

Toyota Motor Corp., for example, has suspended production in Russia and is reviewing its operations there.

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