Coalition
for
Ukraine
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 April 23, 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!
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LIST OF COMPANIES
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| Company | Headquarters | Action | |
|---|---|---|---|
 | Bandai Namco HQ: JapanVideo games | March 12: Continues to make video game sales in Russia Listed on: Forbes Global 2000 | |
 | Bridgestone HQ: JapanAutomotive 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) | |
 | Canon HQ: JapanConglomerate 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) | |
 | Denso HQ: JapanAutomotive Manufacturing | ||
 | Dentsu International HQ: JapanAdvertising Media Services | November 14: 1,500 employees in Russia. Transferring ownership to local JV partner. Listed on: Forbes Global 2000 | |
 | Eneos HQ: JapanEnergy | 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 | |
 | Epson HQ: JapanConsumer goods | March 9: Suspended exports of its products to Russia | |
 | FANUC HQ: JapanManufacturing 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 | |
 | Fujifilm HQ: JapanConglomerate Medical Electronics | March 14: Paused business dealings in Russia, except for operations indespensible to medical care Listed on: Forbes Global 2000 | |
 | Fujitsu HQ: JapanTech | March 14: Ceased all new orders and deliveries of products in Russia, stopped product related services in Russia Listed on: Forbes Global 2000 | |
 | Hitachi Construction HQ: JapanIndustrial | March 9: Suspending exports to Russia and pausing manufracturing | |
 | Honda HQ: JapanAutomotive | March 2: Suspending shipments to Russia across its motoring and motorcycle division Listed on: Forbes Global 2000 World's Most Admired Companies (Fortune) | |
 | Idemitsu Kosan HQ: JapanEnergy | ||
 | Itochu HQ: JapanConglomerate | March 25: No statement regarding Russian operations. Continues oil and gas exploration partnerships Listed on: Forbes Global 2000 | |
 | Japan Tobacco HQ: JapanConsumer 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 | |
 | JCB HQ: JapanFinance 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 | |
 | KDDI Corp HQ: JapanTelecom | March 7: Continues operations with local staff. Plans to "evacuate" employees who are not from Russia Listed on: Forbes Global 2000 | |
 | Komatsu HQ: JapanIndustrial | 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) | |
 | Konica Minolta HQ: JapanElectronics | March 29: Payments between European headquarters and Russian business suspended | |
 | Marubeni HQ: JapanConglomerate Industrial | ||
 | Mazda HQ: JapanAutomotive | November 10: Transferred all of its equity interest in the Russian business to its joint venture partner Sollers Listed on: Forbes Global 2000 | |
 | Mitsubishi Electric HQ: JapanElectronics Manufacturing | March 12: Stopped supplying its products to the Russian market Listed on: Forbes Global 2000 | |
 | Mitsui HQ: JapanConglomerate | 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 | |
 | Mizuho Bank HQ: JapanFinance | March 28: Continues operations in Russia. Moving Japanese staff out of the country ($2.87 billion exposure in Russia) Listed on: Forbes Global 2000 | |
 | MS & AD Insurance Group HQ: JapanFinance | ||
 | MUFG Bank (Mitsubishi UFJ Financial Group) HQ: JapanFinance | 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 | |
 | Nintendo HQ: JapanVideo 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) | |
 | Nippon Steel HQ: JapanIndustrial | April 9: Continues to source steel from Russia. Searching for alternative suppliers Listed on: Forbes Global 2000 World's Most Admired Companies (Fortune) | |
 | Nissan HQ: JapanAutomotive | October 11: Sold its Russian operations to NAMI (manufacturing and R&D facilities in St. Petersburg, and Sales & Marketing centre in Moscow) | |
 | NSG Group HQ: JapanIndustrial Manufacturing | May 12: Group’s Joint Venture, SP Glass Holdings BV has disposed of Russian subsidiaries. Previously suspended other commercial trading with Russian companies | |
 | NTT HQ: JapanTelecom | May 12: Sold its Russian operations | |
 | Ocean Network Express HQ: JapanTransportation | March 11: Suspended booking acceptance to and from Novorossiysk | |
 | Oji Holdings HQ: JapanManufacturing Commodities | ||
 | Olympus HQ: JapanMedical 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 | |
 | Panasonic HQ: JapanConsumer goods Electronics | March 4: Suspended shipments and ended operations in Russia Listed on: Forbes Global 2000 | |
 | Rakuten Group, Inc HQ: JapanInternet | February 27: Removed Russian ads from its messaging app Viber Listed on: Forbes Global 2000 | |
 | Ricoh HQ: JapanTech | Invalid date: Suspending shipments of all devices to Russia Listed on: Forbes Global 2000 | |
 | SBI Group HQ: JapanFinance | ||
 | Sharp HQ: JapanElectronics 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) | |
 | Sony HQ: JapanVideo 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) | |
 | Subaru HQ: JapanAutomotive | ||
 | Sumitomo Group HQ: JapanConglomerate | ||
 | Sumitomo Mitsui Banking Corp HQ: JapanFinance | 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 | |
 | Suzuki HQ: JapanAutomotive | 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 | |
 | TEPCO HQ: JapanEnergy Industrial | March 8: Continues to purchase Russian gas through the Sakhalin 2 project | |
 | Terumo HQ: JapanMedical | No statement made regarding Russian operations. Operating out of its office in Moscow Listed on: Forbes Global 2000 | |
 | Tokio Marine HQ: JapanFinance | April 9: Will not renew existing contracts after their terms have expired (Office in Moscow) Listed on: Forbes Global 2000 | |
 | Toshiba Group HQ: JapanConglomerate | 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 | |
 | Toyota HQ: JapanAutomotive | March 31: Handed St Petersburg plant over to Russian state after stopping production Listed on: Forbes Global 2000 World's Most Admired Companies (Fortune) | |
 | Toyota Tsusho HQ: JapanConglomerate | 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 |
COALITION
FOR
UKRAINE
HOW YOU CAN HELP
REPORT
Do you know a company still operating in Russia?
Anonymously (or not) provide us the details.
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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.
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