No, that's a facile assertion. It's not even about "sanctions". Companies should cease operating in a country where the legal and practical risks of doing business in the country outweigh any potential profit. Russia isn't exactly rolling in the dough right now, and most goods sold in Russia now require a license to transfer[1]. Add to that the risk of the Russian government simply stealing your business away from you, and you have quite the effective deterrent.

American companies unloading their Russian assets like offices are advised by the American Bar Association to destroy everything that's not nailed down so that they do not have licensing concerns. [2]

[1] https://www.bis.doc.gov/index.php/policy-guidance/country-gu... [2] https://www.americanbar.org/news/abanews/aba-news-archives/2...

Edit: I can't reply to you, but [3] here's an example of how Russia legalized the theft of intellectual property.

[3] https://www.washingtonpost.com/business/2022/03/09/russia-al...