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Companies

Japan's Kubota has no plans to leave Myanmar despite crisis

President says farm machinery maker has 'no political motivation' amid sharp rise in demand

Kubata has maintained a relationship with Myanmar since the 1950s.  In addition to selling tractors, it has also built water supply and sewage systems there.

OSAKA -- It has been nearly half a year since the military seized control in Myanmar. Many foreign companies, including Norwegian telecom operator Telenor and Japanese brewer Kirin Holdings, have decided to sell their businesses or end joint ventures in the country.

If a foreign company leaves Myanmar, it runs the risk of losing the business franchise it has built up in the country and wasting its investment. On the other hand, continuing to do business in the country may be regarded by the international community and pro-democracy citizens as a gesture of support for the current administration, which can deteriorate a company's brand image.

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