Japan Steel Works' industrial processes which are used to purify steel are held to high standards. These include the use of
argon gas to eliminate impurities, and the addition of
manganese,
chromium and
nickel to make the steel harder.[4]
Japan Steel Works' services are in great demand owing to its role as one of only five manufacturers worldwide of the largest single-piece components of
Reactor pressure vessels for
nuclear reactors[4][5] at the company's factory, which is located on the island of
Hokkaidō. The other manufacturers as of 2010 are two companies in China, one in Russia (
Atomenergomash) and one in France (
Framatome).[6] However, Japan Steel Works is the only one that can make cores in a single piece without welds, which reduces risk from radiation leakage.[7] The company has boosted production to 6 units per year from 4 previously of the steel
pressure vessel forgings, which contain the
nuclear reactor core. It is scheduled to take capacity to 11 by 2013.[7] Due to the production bottleneck, utilities across the world are submitting orders years in advance of any actual need, along with deposits worth hundreds of millions of dollars. Other manufacturers are examining various options, including finding ways to make a similar item using alternate methods, or making the component themselves with welds.[4] However, welds are weak points which can result in reactor leakage.
Other items manufactured by Japan Steel Works include machines for processed plastics.[8] They also continue to make a limited number of traditional
Japanese swords.[4] They are also involved in the development of the
Type 10 battle tank,
Type 99 155 mm self-propelled howitzer and Naval artillery.
Financial information
In
fiscal year 2001, Japan Steel Works posted a net loss of
¥1.81 billion on sales of ¥119.70 billion. Their performance improved in 2002, with
net profit of ¥100 million on sales of ¥129 billion; however, this was far short of their earlier estimate of ¥600 million net profit on sales of ¥134 billion.[8]
Japan Steel Works Ltd. increased net profit to ¥12.6 billion for the nine months to December 31, 2007. Revenue was up to ¥159.2 billion. Operating profit increased to ¥21.9 billion and ordinary profit rose to ¥21.2 billion. Full-year revenue forecast is unchanged at ¥ 218 billion to March 31, 2008. The company maintained a full-year net profit forecast of ¥15 billion.[9]
Gallery
Cmdr. Dan Dusek, commanding officer of
USS Fitzgerald (DDG 62), exchanges business cards with Muroran Mayor Masashi Shingu during a reception held in the Japanese Steel Works reception hall.
Dalfram dispute of 1938 over the export of
pig iron from Australia to Japan Steel Works, then producing military materials for the undeclared war in China
Japan Steel Works' industrial processes which are used to purify steel are held to high standards. These include the use of
argon gas to eliminate impurities, and the addition of
manganese,
chromium and
nickel to make the steel harder.[4]
Japan Steel Works' services are in great demand owing to its role as one of only five manufacturers worldwide of the largest single-piece components of
Reactor pressure vessels for
nuclear reactors[4][5] at the company's factory, which is located on the island of
Hokkaidō. The other manufacturers as of 2010 are two companies in China, one in Russia (
Atomenergomash) and one in France (
Framatome).[6] However, Japan Steel Works is the only one that can make cores in a single piece without welds, which reduces risk from radiation leakage.[7] The company has boosted production to 6 units per year from 4 previously of the steel
pressure vessel forgings, which contain the
nuclear reactor core. It is scheduled to take capacity to 11 by 2013.[7] Due to the production bottleneck, utilities across the world are submitting orders years in advance of any actual need, along with deposits worth hundreds of millions of dollars. Other manufacturers are examining various options, including finding ways to make a similar item using alternate methods, or making the component themselves with welds.[4] However, welds are weak points which can result in reactor leakage.
Other items manufactured by Japan Steel Works include machines for processed plastics.[8] They also continue to make a limited number of traditional
Japanese swords.[4] They are also involved in the development of the
Type 10 battle tank,
Type 99 155 mm self-propelled howitzer and Naval artillery.
Financial information
In
fiscal year 2001, Japan Steel Works posted a net loss of
¥1.81 billion on sales of ¥119.70 billion. Their performance improved in 2002, with
net profit of ¥100 million on sales of ¥129 billion; however, this was far short of their earlier estimate of ¥600 million net profit on sales of ¥134 billion.[8]
Japan Steel Works Ltd. increased net profit to ¥12.6 billion for the nine months to December 31, 2007. Revenue was up to ¥159.2 billion. Operating profit increased to ¥21.9 billion and ordinary profit rose to ¥21.2 billion. Full-year revenue forecast is unchanged at ¥ 218 billion to March 31, 2008. The company maintained a full-year net profit forecast of ¥15 billion.[9]
Gallery
Cmdr. Dan Dusek, commanding officer of
USS Fitzgerald (DDG 62), exchanges business cards with Muroran Mayor Masashi Shingu during a reception held in the Japanese Steel Works reception hall.
Dalfram dispute of 1938 over the export of
pig iron from Australia to Japan Steel Works, then producing military materials for the undeclared war in China