JMT Web NewsINDUSTRY TOPICS
March 16, 2022 11:31 AM
Yamaha Withdraws from Russia
Yamaha announced that it had withdrawn from Russia on March 4. The company stopped export of all Yamaha musical instruments and audio products. Three sales staff stationed in Russia will return to Japan immediately with their family members. The company spokesperson commented that the decision had come in consideration of safety of all employees in the country. If the present conditions last long, Yamaha’s business will be affected to some extent, said the company spokesperson. Yamaha distribution subsidiary in Moscow is kept open for the time being.