Japan imposes sanctions on 29 entities and three banks linked to Russia

The Japanese government imposed new sanctions on Russia, which took effect on January 10, 2022.

Japan’s sanctions include 11 individuals, 29 organizations, and three banks. The Ministry of Foreign Affairs stated that the new sanctions were due to the current situation in Ukraine and Japan’s desire to help maintain international peace.

The new sanctions primarily target Russian enterprises involved in the military industry and major businesses.

For example, Pavel Marinychev, the CEO of Alrosa, was included in the list of sanctions. Alrosa is a leading Russian diamond mining company with 35,000 employees who produce 30% of the world’s diamonds and about 90% of Russia’s diamond production.

The Joint Stock Company Russian Institute of Radio Navigation and Time was also sanctioned. This company produces navigation equipment for military purposes.

Among the banks included in Japan’s sanctions list, there is the Timer Bank from Russia. In 2024, the US imposed sanctions on this bank for its involvement in transferring funds to North Korea.

These entities and individual have deen added to the Japan’s sanctions list:

  • Vladimir Artyakov. First Deputy General Director of Rostec State Corporation
  • Sergei Petrov. CEO and owner of PSV Technologies LLC
  • Grigoriy Grigoriev. CEO of LLC Novelco
  • Pavel Marinychev. CEO of Alrosa
  • Igor Afanasiev. CEO of JSC NPO Elektromashina
  • Ruslan Bulatov. General Director of LLC Testkomplekt
  • Andrey Kazazaev. CEO of V.A. Degtyarev Plant
  • Vasily Shupranov. CEO of Nizhny Novgorod 70th Anniversary Victory Plant
  • Rafael Gazaryan. Owner of Rafort Limited Liability Company
  • Aleksey Budnev. Owner of Tekhnologiya OOO
  • Dmitry Nikulin. Vice president of TsMRBank
  • Marine Trans Shipping LLC. Office 2
  • Joint Stock Company Corporation Moscow Institute of Heat Technology
  • Joint Stock Company Research Institute Polyus of M.F. Stelmakh
  • Joint Stock Company Special Design Bureau Turbina
  • Joint Stock Company Vyatskoye Mashinostroitelnoye Predpriyatiye Avitek
  • JSC All Russian Research Institute of Radio Engineering
  • JSC Scientific and Production Association of Electro Mechanic
  • Mariyskiy Machine-Building Plant Open Joint Stock Company
  • Public Joint Stock Company Vympel Interstate Corporation
  • Joint Stock Company Military-Industrial Corporation NPO Mashinostroyenia
  • PSV Technologies LLC
  • Limited Liability Company MFI Soft
  • Limited Liability Company Novelco
  • Joint Stock Company 163 Armored Repair Plant
  • Leading Production and Technical Enterprise Granit
  • Limited Liability Company SMT-iLogic
  • LLC Testkomplekt
  • Aleksinskii Khimicheskii Kombinat
  • Arsenal Machine Building Plant Open Joint Stock Company
  • Closed Joint Stock Company Klimovskiy Specialized Ammunition Plant
  • Joint Stock Company Tula Cartridge Works
  • Kazanskii Gosudarstvennyi Kazennyi Porokhovoi Zavod
  • Open Joint Stock Company Russian Institute of Radionavigation and Time
  • Tambovskii Porokhovoi Zavod
  • 924th State Center for UAV Aviation
  • Joint Stock Company Ascon
  • Joint Stock Company Novosibirsk Cartridge Plant
  • Joint Stock Company Scientific and Production Association Electromashina
  • Stroytreyd LLC
  • TsMRBank
  • Russian Financial Corporation
  • Timer Bank

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