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Which Indian Company Did Japan Sanction in June 2024?

Japan’s June 2024 action reportedly named Bengaluru-based Si2 Microsystems among 11 firms across five countries. The allegation was assistance to Russia in evading trade restrictions.
From TheFinanceBase Team1 min to read
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Japan’s reported June 2024 sanctions action named Si2 Microsystems Private Limited, a Bengaluru-based technology company, among 11 firms across five countries. The action was reported as targeting companies alleged to have helped Russia evade trade restrictions imposed after its invasion of Ukraine. That is an allegation attributed to the Japanese action and news reports, not an independently established finding here.

Which Indian company did Japan sanction?

The Indian company identified in reports was Si2 Microsystems Private Limited, described by The Economic Times as a Bengaluru-based technology firm. Japan’s action was broader than India: reports said it covered 11 companies in five countries. The count and scope are reported by Scroll.in and EFE.

Why did Japan sanction Si2 Microsystems?

Reports characterized Japan’s action as a response to alleged assistance to Russia in evading trade restrictions imposed after its invasion of Ukraine. The claim concerns alleged conduct; the available reporting does not establish that Si2 Microsystems committed a violation. The Economic Times reported Japan’s action against the company on June 24, 2024, while Scroll.in and EFE reported the wider action on June 21, 2024.

The reports do not verify the exact Japanese legal instrument, the effective date of any company-specific restriction, or the precise measures imposed on Si2. Those legal details should not be inferred from the general description of the action as sanctions or trade curbs.

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When did Japan take the action?

News reports described the Japanese action on June 21, 2024; The Economic Times published its account naming Si2 Microsystems on June 24. This refers to the reported 2024 action, not a confirmation that the company remains listed or subject to restrictions today. The current status was not established by the available sources.

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How does the reported EU action fit in?

The Economic Times also reported that the European Union had sanctioned Si2 Microsystems in February 2024 over alleged provision of goods or technology to Russia. That earlier action is separate from Japan’s reported June action. The underlying EU legal act is not identified here, so details of its legal basis or effects should not be assumed.

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