Japan's Hitachi to suspend Russia operations after Ukraine request: Nikkei

Influential proxy advisory firm Institutional Shareholder Services (ISS) has advised against Toshiba Corp's break-up plan to be put to a vote on March 24, the Nikkei business daily reported

Topics
nikkei | Proxy advisory firms | Japan

Reuters  |  Tokyo 

The logo of Hitachi is seen at an office building in Zurich, Switzerland
Hitachi to suspend operations in Russia following a request from Ukraine

Japan's decided on Thursday to suspend operations in following a request from the Ukrainian government to do so, the newspaper said.

produces and sells construction machinery in Russia, but had received a letter from the vice president of asking for operations to be suspended following Russia's invasion of Ukraine, it added.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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First Published: Thu, March 10 2022. 11:21 IST
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