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Ukraine war

Bridgestone among Japan Inc.'s growing Russia exodus

With supply chains in disarray, companies seek long-term alternate options

Customers grab the few remaining groceries from mostly empty shelves at a Finnish-owned store in St. Petersburg, Russia.   © AP

TOKYO -- At least 37 Japanese companies plan to suspend or shrink business operations in Russia in response to the invasion of Ukraine, the latest data shows, a trend that is prompting a wholesale rearrangement of global supply chains.

This contingent accounts for just over a fifth of the 168 major Japanese companies that have entered Russia, according to a March 15 tally by Tokyo-based Teikoku Databank.

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