COALITION

FOR

UKRAINE

Coalition

for

Ukraine

alex-algard

A personal note:

I'm a tech entrepreneur and concerned citizen trying to support Ukraine. I hope to rally suppport for companies pulling out of Russia, and add pressure on those that still remain, by providing you info to share in social media. Thank you for your support! - Alex Algard

CORPORATIONS SUPPORTING UKRAINE:

An Accounting of Who's Pulling Out and Who's Continuing Business With Russia

The brutal Russian invasion of Ukraine is being fought on many fronts, including the economic front. Corporations have made various announcements regarding Ukraine and Russia, but what are their actual actions to help prevent more bloodshed? As of July 18, we are tracking 1217 companies, of which 953 are pulling out of Russia, and 264 holdouts (highlighted in red) are mostly continuing to do business as usual in Russia. Review the list, take action (here and directly), tweet and share!

SHOW YOUR SUPPORT | DEMAND ACTION
LIST OF COMPANIES
Categories
All
1217
Pulling Out
953
Holdouts
264

Accounting
9
Advertising
7
Aerospace
16
Aircraft
8
Architects
6
Association
17
Automotive
49
Beverages
39
Chemicals
25
Clothing
59
Commodities
16
Conglomerate
24
Consulting
20
Consumer
2
Consumer goods
79
Electronics
25
Energy
71
Engineering
1
Entertainment
16
Finance
97
Financial
1
Food
85
Industrial
157
Internet
41
Law
30
Logistics
22
Luxury
30
Manufacturing
121
Media
40
Medical
46
Medicine
1
Payments
13
Real Estate
15
Retail
100
Services
76
Sports
27
Tech
139
Telecom
10
Tires
7
Transportation
35
Travel
44
Video games
27
Headquarters

All

Australia

Austria

Azerbaijan

Belarus

Belgium

Bermuda

Brazil

Canada

China

Cyprus

Czech Republic

Czechia

Denmark

England

Estonia

Finland

France

Germany

Gibraltar

Greece

Greenland

Hungary

Iceland

India

Indonesia

Ireland

Israel

Italy

Japan

Kazakhstan

Latvia

Liechtenstein

Lithuania

Luxembourg

Malaysia

Malta

Mexico

Monaco

Netherlands

New Zealand

Norway

Pakistan

Panama

Poland

Portugal

Puerto Rico

Qatar

Romania

Serbia

Singapore

Slovenia

South Africa

South Korea

Spain

Sri Lanka

Sweden

Switzerland

Taiwan

Thailand

Turkey

UAE

UK

USA

Ukraine

Vietnam

CompanyHeadquartersAction
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Bandai Namco

HQ: Japan
Video games

March 12: Continues to make video game sales in Russia

Listed on: Forbes Global 2000

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Bridgestone

HQ: Japan
Automotive
Tires

June 5: Making progress on sale of Russian business. Stopping production in Russia (5M tires/yr and over 1,000 employees in Ulyanovsk factory) and exports into Russia

Listed on: Forbes Global 2000 World's Most Admired Companies (Fortune)

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Canon

HQ: Japan
Conglomerate
Electronics

March 4: Suspended all product deliveries into Russia

Listed on: Forbes Global 2000 World's Most Admired Companies (Fortune) World's Most Ethical Companies (Ethisphere)

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Denso

HQ: Japan
Automotive
Manufacturing

March 15: Suspended all shipments to Russia

Listed on: Forbes Global 2000

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Dentsu International

HQ: Japan
Advertising
Media
Services

November 14: 1,500 employees in Russia. Transferring ownership to local JV partner.

Listed on: Forbes Global 2000

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Eneos

HQ: Japan
Energy

March 23: Stopped buying crude oil from Russia. Eneos will continue to receive supplies until around April based on contracts signed before Russia launched its invasion

Listed on: Forbes Global 2000

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Epson

HQ: Japan
Consumer goods

March 9: Suspended exports of its products to Russia

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FANUC

HQ: Japan
Manufacturing
Services

Suspended their shipments to Russia. Local offices will continue to conduct limited service and maintenance activities for installed products

Listed on: Forbes Global 2000

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Fujifilm

HQ: Japan
Conglomerate
Medical
Electronics

March 14: Paused business dealings in Russia, except for operations indespensible to medical care

Listed on: Forbes Global 2000

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Fujitsu

HQ: Japan
Tech

March 14: Ceased all new orders and deliveries of products in Russia, stopped product related services in Russia

Listed on: Forbes Global 2000

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Hitachi Construction

HQ: Japan
Industrial

March 9: Suspending exports to Russia and pausing manufracturing

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Honda

HQ: Japan
Automotive

March 2: Suspending shipments to Russia across its motoring and motorcycle division

Listed on: Forbes Global 2000 World's Most Admired Companies (Fortune)

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Idemitsu Kosan

HQ: Japan
Energy

March 23: Suspended new trades for Russian crude oil imports (Russian crude oil accounted for 4% of the company's total imports)

Listed on: Forbes Global 2000

SOURCES

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Itochu

HQ: Japan
Conglomerate

March 25: No statement regarding Russian operations. Continues oil and gas exploration partnerships

Listed on: Forbes Global 2000

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Japan Tobacco

HQ: Japan
Consumer goods

April 28: Suspended all investments and marketing activities, considering ceasing manufacturing operations in Russia (4,000 employees across 4 factories)

Listed on: Forbes Global 2000

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JCB

HQ: Japan
Finance
Payments

March 8: Reported to sell JCBs in Russia, and offering credit from Gazprombank Autoleasing, an arm of Russian bank Gazprombank. Official statement suggests all operations and exports of machines and parts in Russia were stopped in March 2022

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KDDI Corp

HQ: Japan
Telecom

March 7: Continues operations with local staff. Plans to "evacuate" employees who are not from Russia

Listed on: Forbes Global 2000

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Komatsu

HQ: Japan
Industrial

December 5: No plans to withdraw from Russia after ceasing shipments due to logistical issues (manufacturing plant in Yaroslavl)

Listed on: Forbes Global 2000 World's Most Admired Companies (Fortune)

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Konica Minolta

HQ: Japan
Electronics

March 29: Payments between European headquarters and Russian business suspended

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Marubeni

HQ: Japan
Conglomerate
Industrial

May 6: Halted new business in Russia. Negotiating to divest from existing transactions (Offices in 4 Russian cities)

Listed on: Forbes Global 2000

SOURCES

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Mazda

HQ: Japan
Automotive

November 10: Transferred all of its equity interest in the Russian business to its joint venture partner Sollers

Listed on: Forbes Global 2000

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Mitsubishi Electric

HQ: Japan
Electronics
Manufacturing

March 12: Stopped supplying its products to the Russian market

Listed on: Forbes Global 2000

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Mitsui

HQ: Japan
Conglomerate

June 20: Continues to operate its energy business. Does not plan to withdraw from Russia’s Sakhalin-2 liquified natural gas (LNG) project

Listed on: Forbes Global 2000

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Mizuho Bank

HQ: Japan
Finance

March 28: Continues operations in Russia. Moving Japanese staff out of the country ($2.87 billion exposure in Russia)

Listed on: Forbes Global 2000

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MS & AD Insurance Group

HQ: Japan
Finance

April 26: Suspended new reinsurance in Russia.

SOURCES

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MUFG Bank (Mitsubishi UFJ Financial Group)

HQ: Japan
Finance

May 16: No statement regarding Russia operations. Reportedly scaling back on Russia exposure. Previously, halted transactions with Russian banks including Sberbank and pulled Japanese staff out of Russia (presence in Moscow and Vladivostok)

Listed on: Forbes Global 2000

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Nintendo

HQ: Japan
Video games
Electronics

June 2: Winding down operations in Russia. Account creation in Russia is blocked

Listed on: Forbes Global 2000 World's Most Admired Companies (Fortune)

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Nippon Steel

HQ: Japan
Industrial

April 9: Continues to source steel from Russia. Searching for alternative suppliers

Listed on: Forbes Global 2000 World's Most Admired Companies (Fortune)

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Nissan

HQ: Japan
Automotive

October 11: Sold its Russian operations to NAMI (manufacturing and R&D facilities in St. Petersburg, and Sales & Marketing centre in Moscow)

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NSG Group

HQ: Japan
Industrial
Manufacturing

May 12: Group’s Joint Venture, SP Glass Holdings BV has disposed of Russian subsidiaries. Previously suspended other commercial trading with Russian companies

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NTT

HQ: Japan
Telecom

May 12: Sold its Russian operations

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Ocean Network Express

HQ: Japan
Transportation

March 11: Suspended booking acceptance to and from Novorossiysk

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Oji Holdings

HQ: Japan
Manufacturing
Commodities

April 9: Suspended coal imports from Russia following Japan's decision to phase out imports

Listed on: Forbes Global 2000

SOURCES

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Olympus

HQ: Japan
Medical
Tech

March 28: Suspended capital investments and sales of Scientific Solutions portfolio in Russia while continuing to provide customers and patients with our medical solutions for treating serious diseases

Listed on: Forbes Global 2000

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Panasonic

HQ: Japan
Consumer goods
Electronics

March 4: Suspended shipments and ended operations in Russia

Listed on: Forbes Global 2000

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Rakuten Group, Inc

HQ: Japan
Internet

February 27: Removed Russian ads from its messaging app Viber

Listed on: Forbes Global 2000

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Ricoh

HQ: Japan
Tech

Invalid date: Suspending shipments of all devices to Russia

Listed on: Forbes Global 2000

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SBI Group

HQ: Japan
Finance

August 19: Exited Crypto Mining operation in Russia

Listed on: Forbes Global 2000

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Sharp

HQ: Japan
Electronics
Consumer goods

March 23: Suspended shipments to Russia, new sales of products and services, and investment

Listed on: Forbes Global 2000 World's Most Admired Companies (Fortune)

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Sony

HQ: Japan
Video games
Media
Electronics

March 1: Halted hardware shipments and access to PlayStation store. Pausing planned film releases in Russia.

Listed on: Forbes Global 2000 World's Most Admired Companies (Fortune) World's Most Ethical Companies (Ethisphere)

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Subaru

HQ: Japan
Automotive

March 1: Suspended exports to Russia

Listed on: Forbes Global 2000

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Sumitomo Group

HQ: Japan
Conglomerate

April 8: Complying with sanctions. Operates out of regional head office in Moscow, offices in Vladivostok, St. Petersburg

Listed on: Forbes Global 2000

SOURCES

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Sumitomo Mitsui Banking Corp

HQ: Japan
Finance

March 16: Continues to operate in Russia. Moving Japanese staff out of the country (Office in Moscow, Capital stock in Russia: 17 billion Rubles)

Listed on: Forbes Global 2000

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Suzuki

HQ: Japan
Automotive

May 12: According to Irina Zelentsova, chief operating officer of Suzuki Motor Rus LLC, the company is determined to maintain the brand in the markets of Russia. Suspended car exports from its Hungarian factory (10,000 cars a year to Russia and Ukraine)

Listed on: Forbes Global 2000

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TEPCO

HQ: Japan
Energy
Industrial

March 8: Continues to purchase Russian gas through the Sakhalin 2 project

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Terumo

HQ: Japan
Medical

No statement made regarding Russian operations. Operating out of its office in Moscow

Listed on: Forbes Global 2000

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Tokio Marine

HQ: Japan
Finance

April 9: Will not renew existing contracts after their terms have expired (Office in Moscow)

Listed on: Forbes Global 2000

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Toshiba Group

HQ: Japan
Conglomerate

April 20: Continuing existing operations. Halting new orders and investments (Russia accounts for around 0.2% of Toshiba Group's revenues)

Listed on: Forbes Global 2000

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Toyota

HQ: Japan
Automotive

March 31: Handed St Petersburg plant over to Russian state after stopping production

Listed on: Forbes Global 2000 World's Most Admired Companies (Fortune)

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Toyota Tsusho

HQ: Japan
Conglomerate

April 21: Toyota Tsusho has stopped export of automobile parts to Russia from the beginning of April and Toyota Tsusho Rus LLC has stopped import of automobile parts from the beginning of April

Listed on: Forbes Global 2000

Rows

1–50 of 54

COALITION

FOR

UKRAINE

HOW YOU CAN HELP

REPORT

Do you know a company still operating in Russia?

Anonymously (or not) provide us the details.

VOLUNTEER

Can you donate some time to the cause?

Please fill out the form below with how you can help.

FAQ

Why does it matter whether or not companies pull out of Russia?

These companies want to be on the right side of history in the eyes of their customers, employees, and shareholders. Their actions absolutely matter and will make a difference. The Kremlin cannot win this economic war, and the oligarchs of Russia are now starting to openly speak up against Putin.

What are your data sources?

We rely on the most authoritative sources available online, including public announcements by corporations and online media sources as attributed in the "source" column.

How do you define "pulling out of Russia"? If a company is not shutting down 100% of Russian operations, what threshold do you use?

Most companies that are withdrawing from the Russian market are not shutting down 100% of their Russian operations. We try to ascertain how material the pullback is relative to the company's overall business within Russia, and if it is a significant reduction, then we will give the company credit for it. Conversely, if a company has announced that it is shutting a portion of its Russian business, but we have determined that the affected businesses is in fact a relatively small portion of the overall business, then we will still call attention to the company needing to do more.

Am I hurting the average Russian citizen by encouraging businesses to leave?

Russia’s unprovoked invasion of Ukraine can be repulsed on the ground and through economic pressure. In fact, if the ground war slows to a stalemate, the economic war is increasingly important. We believe the most helpful way for us to take action is to urgently encourage major businesses to cease business ties with Russia. This economic pressure will help expedite an end to the war.

Who created this website and why?

Alex Algard, a tech entrepreneur, created this website, and he provides ongoing support for a professional team of web development, research, and data entry staff. As a concerned citizen, he felt compelled to do something in support of Ukraine.

Alex can be found online here: Twitter, LinkedIn, Instagram

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