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Firms closely watch developments

JIJI

Japanese firms with offices in Egypt are closely watching the situation and gathering information in the country where Cairo security authorities started Wednesday to forcibly remove supporters of ousted Egyptian President Mohammed Morsi.

Since Morsi was deposed in a coup in early July, many Japanese companies have been instructing employees to refrain from business trips to Egypt. Firms that still have Japanese and other staff there are closely watching developments.

Panasonic Corp. has one Japanese employee at its office in Egypt. The employee left the country in July, but returned and resumed work. As of Wednesday, the firm has yet to decide whether to pull the employee out again.

Sony Corp. has confirmed the safety of its one employee in Egypt, an Indian national, and a Japanese employee of a group firm who is currently in Cairo on business.

NEC Corp.’s Turkish unit has a branch in Cairo, which has locally hired employees.

Major traders, including Mitsubishi Corp., have told employees to refrain from business trips to Egypt that are not urgent.