Japan

Shinkawa

Industry
Electrical
Country
Japan
Sources

Shinkawa features on the official Iranian vendor website, “VList” – the ‘petroleum and energy vendor source search engine of I.R. Iran’

Eizo Corporation

Industry
Electronics
Country
Japan
Sources

"Eizo Corporation reportedly sells monitors for various industries, including air traffic control, in Iran. In 2019, CalSTRS identified Eizo Corporation as potentially having ties to Iran and began the review process. In 2020, CalSTRS moved Eizo Corporation to a “Being Monitor” status while sanction compliance went through additional review."

Aiphone Co. Ltd.

Industry
Electronics
Country
Japan
Sources

"Aiphone, Co. Ltd. reportedly supplies its communications and security equipment in Iran. In 2019, CalSTRS identified Aiphone Co. Ltd. as potentially having ties to Iran and began the review process. In 2020, CalSTRS moved Aiphone Co. Ltd. to “Being Monitored” status while sanction compliance went through additional review."

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In 2019 CalSTRS identified Aiphone Co Ltd. as potentially having ties to Iran for reportedly supplying its communications and security equipment in Iran and begun the review process.

Nidec Corp

Industry
Electronics
Symbol
JP 6594
Country
Japan
Sources

According to its Annual Report filed with the SEC for fiscal year 2014: "During the fiscal year ended March 31, 2014, Nidec Servo Corporation, which is our wholly-owned subsidiary in Japan, sold to Para Industries Inc., indirectly through a third-party Japanese trading company, five thousand units of brushless DC motors to be used in banknote counters manufactured and sold by Para Industries to Bank Melli Iran. The sales of such motors, which were denominated in Japanese yen, generated total gross revenues of ¥4.0 million, and a smaller amount of net profit. Nidec Servo has ceased the sale-purchase transactions since June 2013."

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According to its Annual Report filed with the SEC for fiscal year 2013: "During the year ended March 31, 2013, Nidec Servo Corporation, which is our wholly-owned subsidiary in Japan, sold to Para Industries Inc., indirectly through a third-party Japanese trading company, two thousand units of brushless DC motors to be used in banknote counters manufactured and sold to Bank Melli Iran by Para Industries. During the year ended March 31, 2013, the sales of such motors, all of which were denominated in Japanese yen, generated total gross revenues of ¥1.6 million, and a smaller amount of net profit. Nidec Servo has ceased the sale-purchase transactions with Para Industries after it fulfilled Para Industries’ purchase orders outstanding as of May 31, 2013 for five thousand units of brushless DC motors. Nidec Servo completed the sales in June 2013, and generated gross revenues of ¥4.0 million from such sale."

Kyocera

Industry
Electronics
Symbol
JP 6971
Country
Japan
Sources

According to its Annual report filed with the SEC for fiscal year 2013: "Kyocera’s subsidiary conducted transactions with Iran-related organizations in fiscal 2014, which Kyocera is required to disclose under Section 13(r) of the Securities Exchange Act of 1934, as amended. TA Triumph-Adler Deutschland GmbH (formerly TA Triumph-Adler Norddeutschland GmbH), a wholly-owned subsidiary of TA Triumph-Adler GmbH, which is a wholly-owned German-based subsidiary of Kyocera Document Solutions Inc., had a lease and service maintenance contract for multifunctional peripheral machines and printers with a branch of Bank Saderat Iran in Hamburg, Germany, of which one of the major shareholders is the Government of Iran. This contract began from October 2007 and ended in September 2013. Total sales and interest revenue under this contract were approximately ¥105 thousand and ¥20 thousand, respectively for the six months ended September 30, 2013. The total net profits were substantially less than those amounts. TA Triumph-Adler Deutschland GmbH also had a lease and service maintenance contract for multifunctional peripheral machines with Intra Chem Trading GmbH in Hamburg, Germany, a petrochemical company which is a German-based subsidiary of a petrochemical company in Iran. This contract began from August 2008 and ended in July 2013. Total sales and interest revenue under this contract were approximately ¥21 thousand and ¥5 thousand, respectively for the four months ended July 31, 2013. The total net profits were substantially less than those amounts. Kyocera believes these transactions made by TA Triumph-Adler Deutschland GmbH were conducted in compliance with the applicable laws in Germany."

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According to its Annual Report filed with the SEC for fiscal year 2012: "Kyocera’s subsidiary conducted transactions with Iran-related organizations in fiscal 2013, which Kyocera is required to disclose under Section 13(r) of the Securities Exchange Act of 1934, as amended. TA Triumph-Adler Norddeutschland GmbH (TANG), a wholly-owned subsidiary of TA Triumph-Adler GmbH, which is a wholly-owned German-based subsidiary of Kyocera Document Solutions Inc., has a lease and service maintenance contract for multifunctional peripheral machines and printers with a branch of Bank Saderat Iran in Hamburg, Germany, of which one of the major shareholders is the Government of Iran. This contract began from October 2007 and will end in September 2013, and currently TANG does not intend to renew this contract. Total sales and interest revenue under this contract were approximately ¥172 thousand and ¥55 thousand, respectively. The total net profits were substantially less than those amounts. TANG also has a lease and service maintenance contract for multifunctional peripheral machines with Intra Chem Trading GmbH in Hamburg, Germany, a petrochemical company which is a German-based subsidiary of a petrochemical company in Iran. This contract began from August 2008 and will end in July 2013, and currently TANG does not intend to renew this contract. Total sales and interest revenue under this contract were approximately ¥49 thousand and ¥18 thousand, respectively. The total net profits were substantially less than those amounts. Kyocera believes these transactions made by TANG were conducted in compliance with the applicable laws in Germany."

Mitsui Engineering & Shipbuilding Co. Ltd.

Industry
Engineering
Country
Japan
Sources

In 2012 Mitsui Engineering & Shipbuilding was removed from Pennsylvania Treasury's List of Scrutinized Companies Determined as Having Involvement In Iran because it was determined to have past involvement. 
 

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In 2011, Mitsui Engineering & Shipbuilding was added to the Pennsylvania Treasury's List of Scrutinized Companies Determined as Having Involvement in Iran because of oil-related investment of US $20 million since 1996.