Company

Aiphone Co. Ltd.

Trade risk

Japan.

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Summary

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. (https://www.calstrs.com/sites/main/files/file-attachments/calstrs-investment-reports-2019.pdf?1577750493)

"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." (https://www.calstrs.com/sites/main/files/file-attachments/calstrs-investment-reports-2020.pdf?1609284307)

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