Konica Minolta employs approximately 200 people at its Ukrainian arm. Normal operations are being maintained, and the chief of the local subsidiary will make the final decision whether to evacuate. Konica Minolta also has operations in Russia, which exposes the group to sanctions imposed by the U.S. and Europe, according to Toshimitsu Taiko, the company’s incoming president. “The likelihood we will be caught in a double bind is not zero,” said Taiko.
MORE INFO HERE: https://asia.nikkei.com/Politics/Ukraine-conflict/Hitachi-prepares-Ukraine-evacuation-of-7-200-employees