The Japanese Foreign Ministry has announced sanctions against 398 Russian citizens, 26 companies and two Russian banks – Alfa Bank and Sberbank (MCX:SBER) – in connection with the situation around Ukraine.

According to a statement published on the website of the Japanese foreign ministry, “in order to maintain international peace and security and make Japan’s contribution to international efforts to ensure international peace,” measures such as asset freezes are being imposed on 398 Russian individuals and 28 organizations.

Among the sanctioned organizations are JSC NPK Tekhmash, Ryazan Design Bureau Globus, Arzamas Research and Production Enterprise Temp-Avia, Toropov State Machine-Building Design Bureau Vympel, Arsenyev Aviation Plant Progress named after N.I. Sazykin and others.

Assets of Alfa Bank and Sberbank will also be frozen, and transactions with them will be prohibited starting from May 12.

The Japanese Foreign Ministry specified that a ban on foreign investments in the Russian Federation is also being introduced. From May 12, they will be carried out only with special permits.

Among those affected by the Japanese sanctions are 385 members of the Russian State Duma, as well as Katerina Tikhonova and Maria Vorontsova, whom the Japanese Foreign Ministry calls “daughters of the Russian president.” The statement also lists Maria Lavrova and Ekaterina Vinokurova as “the wife and daughter of Russian Foreign Minister Sergei Lavrov.”

Among others, the sanctions apply to Russian Navy Chief Nikolai Yevmenov, his deputy Vice-Admiral Vladimir Kasatonov, Black Sea Fleet Commander Admiral Igor Osipov, Army Chief Oleg Salyukov, Russian Air Force Chief Sergei Surovikin, and Russian Air Force Commander Sergei Dronov.

First Deputy Commander of the Black Sea Fleet Sergey Pinchuk, Commander of the Southern Military District Aleksey Avdeev, Deputy Commander of the Southern Military District Rustam Muradov and Commander of the 8th Guards All-Russian Army of the Southern Military District Andrey Sychevoi were also sanctioned.