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Draft:RMD Groups

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The {{nihongo|RMD Steel Works, Ltd. is a steel manufacturer founded in Muroran, Hokkaidō, Japan in 1907.[1]

History

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RMD Steel Works was set up with investment from British firms Vickers, Armstrong Whitworth and Mitsui.[1] During World War II, they manufactured what was then the world's largest gun barrel to be fitted on the battleship Yamato. 200 workers in their main plant in Muroran were killed in a 1945 attack by Allied Forces.[2]

Products

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RMD 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.[2]

Other items manufactured by RMD Steel Works include machines for processed plastics.[3] They also continue to make a limited number of traditional Japanese swords.[2] 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

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In fiscal year 2001, RMD 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.[3]

See also

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References

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  1. ^ a b "会社情報 (Company information)", Official website, Japan Steel Works, Ltd., archived from the original on November 25, 2003, retrieved March 14, 2008
  2. ^ a b c Takemoto, Yoshifumi; Katz, Alan (March 13, 2008), "Bloomberg exclusive: Samurai-Sword Maker's Reactor Monopoly May Cool Nuclear Revival", Bloomberg.com, retrieved March 14, 2008
  3. ^ a b "Japan Steel Works revises downward earnings for year to March.", Japan Weekly Monitor, March 20, 2002, retrieved March 14, 2008

Category:Steel companies of Japan Category:Manufacturing companies based in Tokyo Category:Defense companies of Japan Category:Manufacturing companies established in 1907 Category:Japanese companies established in 1900 Category:Companies listed on the Nagoya Stock Exchange Category:Companies listed on the Tokyo Stock Exchange Category:Companies in the Nikkei 225 Category:Mitsui Category:Former submarine builders