EE Impact

Tungaloy

Japan · Industrial Equipment

LeaveRussia detail: Continue Operations

Still operating in Russia

Tungaloy Corporation is a company that specializes in production and sales of metal cutting tools as well as industrial products. Headquartered in Iwaki, Fukushima, Japan, it was the first company in the country to succeed in developing superhard alloy.

Status last verified 03/08/2026Source checked 11/05/2023Company website ↗LeaveRussia profile ↗

Business in Russia

Tungaloy Rus, LLC, tax id 3123198797 (Parent company: International Metalworking Companies with a share of 82.5%)

Decision trail

Decision date 11/05/2023 · Reference ↗

Promised to cancel all deliveries of Tungaloy products to the territory of the Russian Federation (through Ukrainian office), but website and a legal entity (Tungaloy Rus, LLC, tax id 3123198797) work in Russia and receive revenue there. Additional investigation showed that the company is continuing to export goods to Russia, even in 2023, having lied about the opposite in official letters.

Local stats (LeaveRussia)

Assets(RF), mln.USD
3
Capital(RF), mln.USD
2
Revenue(RF), mln.USD
5
Staff(RF), 2021
25
Taxes(RF), mln.USD
1

Status history since 2022

  1. 03/08/2026 operating · Imported from KSE LeaveRussia

Exposure profile

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Energy, transport and commodity exposure, supplier/customer links in the region and sanctioned-party proximity.

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Statuses, logos and narrative notes are compiled from public reporting and the KSE LeaveRussia project. Found an error? See our corrections policy.