The is a steel manufacturer founded in Muroran,

Hokkaidō is the second-largest island of Japan and comprises the largest and northernmost prefecture, making up its own region. The Tsugaru Strait separates Hokkaidō from Honshu; the two islands are connected by railway via the Seikan Tunnel. The ...

, Japan in 1907.

History

Japan Steel Works was set up with investment from

British British may refer to: Peoples, culture, and language * British people, nationals or natives of the United Kingdom, British Overseas Territories and Crown Dependencies. * British national identity, the characteristics of British people and culture ...

firms

Vickers Vickers was a British engineering company that existed from 1828 until 1999. It was formed in Sheffield as a steel foundry by Edward Vickers and his father-in-law, and soon became famous for casting church bells. The company went public in 18 ...

Armstrong Whitworth Sir W G Armstrong Whitworth & Co Ltd was a major British manufacturing company of the early years of the 20th century. With headquarters in Elswick, Tyne and Wear, Elswick, Newcastle upon Tyne, Armstrong Whitworth built armaments, ships, locomot ...

and

Mitsui is a Japanese corporate group and '' keiretsu'' that traces its roots to the ''zaibatsu'' groups that were dissolved after World War II. Unlike the ''zaibatsu'' of the pre-war period, there is no controlling company with regulatory power. Ins ...

. During

World War II World War II or the Second World War (1 September 1939 – 2 September 1945) was a World war, global conflict between two coalitions: the Allies of World War II, Allies and the Axis powers. World War II by country, Nearly all of the wo ...

, they manufactured what was then the world's largest

gun barrel A gun barrel is a crucial part of gun-type weapons such as small arms, small firearms, artillery pieces, and air guns. It is the straight shooting tube, usually made of rigid high-strength metal, through which a contained rapid expansion of high ...

to be fitted on the battleship ''Yamato''. 200 workers in their main plant in Muroran were killed in a 1945 attack by Allied Forces.

Products

Japan Steel Works' industrial processes which are used to purify steel are held to high standards. These include the use of

argon Argon is a chemical element; it has symbol Ar and atomic number 18. It is in group 18 of the periodic table and is a noble gas. Argon is the third most abundant gas in Earth's atmosphere, at 0.934% (9340 ppmv). It is more than twice as abu ...

gas to eliminate impurities, and the addition of

manganese Manganese is a chemical element; it has Symbol (chemistry), symbol Mn and atomic number 25. It is a hard, brittle, silvery metal, often found in minerals in combination with iron. Manganese was first isolated in the 1770s. It is a transition m ...

chromium Chromium is a chemical element; it has Symbol (chemistry), symbol Cr and atomic number 24. It is the first element in Group 6 element, group 6. It is a steely-grey, Luster (mineralogy), lustrous, hard, and brittle transition metal. Chromium ...

and

nickel Nickel is a chemical element; it has symbol Ni and atomic number 28. It is a silvery-white lustrous metal with a slight golden tinge. Nickel is a hard and ductile transition metal. Pure nickel is chemically reactive, but large pieces are slo ...

to make the steel harder. 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 vessel A reactor pressure vessel (RPV) in a nuclear power plant is the pressure vessel containing the nuclear reactor coolant, core shroud, and the reactor core. Classification of nuclear power reactors Russian Soviet era RBMK reactors have each fu ...

s for

nuclear reactor A nuclear reactor is a device used to initiate and control a Nuclear fission, fission nuclear chain reaction. They are used for Nuclear power, commercial electricity, nuclear marine propulsion, marine propulsion, Weapons-grade plutonium, weapons ...

s at the company's factory, which is located on the island of

. The other manufacturers as of 2010 are two companies in China, one in Russia ( Atomenergomash) and one in France (

Framatome Framatome () is a French nuclear reactor business. It is owned by Électricité de France (EDF) (80.5%) and Mitsubishi Heavy Industries (19.5%). The company first formed in 1958 to license Westinghouse's pressurized water reactor (PWR) designs ...

). However, Japan Steel Works is the only one that can make cores in a single piece without welds, which reduces risk from radiation leakage. The company has boosted production to 6 units per year from 4 previously of the steel

pressure vessel A pressure vessel is a container designed to hold gases or liquids at a pressure substantially different from the ambient pressure. Construction methods and materials may be chosen to suit the pressure application, and will depend on the size o ...

forgings, which contain the

nuclear reactor core A nuclear reactor core is the portion of a nuclear reactor containing the nuclear fuel components where the nuclear reactions take place and the heat is generated. Typically, the fuel will be low-enriched uranium contained in thousands of indiv ...

. It is scheduled to take capacity to 11 by 2013. 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. However, welds are weak points which can result in reactor leakage. Other items manufactured by Japan Steel Works include machines for processed plastics. They also continue to make a limited number of traditional

Japanese sword A is one of several types of traditionally made swords from Japan. Bronze swords were made as early as the Yayoi period (1,000 BC – 300 AD), though most people generally refer to the curved blades made from the Heian period (794–1185) to the ...

s. 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

fiscal year A fiscal year (also known as a financial year, or sometimes budget year) is used in government accounting, which varies between countries, and for budget purposes. It is also used for financial reporting by businesses and other organizations. La ...

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 In business and Accountancy, accounting, net income (also total comprehensive income, net earnings, net profit, bottom line, sales profit, or credit sales) is an entity's income minus cost of goods sold, expenses, depreciation and Amortization (a ...

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. 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.

Gallery

References

External links