Sharp Corporation, the Japanese multinational company that designs and manufactures electronic products, has suspended the shipment of its goods to Russia because of the situation around Ukraine.

“We as Sharp Group are deeply concerned on the current conflict developing in Ukraine. We send our prayers to all victims of the conflict, and sincerely wish for a peaceful resolution as soon as possible. To support the humanitarian program, our businesses will also be making local donations to charities involved in this effort, along with individual efforts in relief activities etc.

Sharp Group is currently suspending shipping into Russia with the conflict’s impact. We will continue to monitor the situation carefully and make adequate measures based on the spirit of our Sharp Group Charter of Corporate Behavior,” the corporation noted in a statement.