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Hitachi Zosen Corporation

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89: 40: 730: 685: 283:, turned it over to his son, Ryutarō Hanta in 1915. The company continued to prosper, adding the Bingō Dockyard in 1919, Harada Shipbuilding Works in 1920, Hikojima Dockyard in 1924. Many of the iron bridges in Osaka and surrounding areas were designed and built by Osaka Iron Works. The company also began to expand into equipment for 412:, oil storage facilities, and steel structures, pipes and bridges. However, with rising material costs and losses due to fixed price contracts, high overhead and redundant facilities meant that the company had to restructure from the 1980s. By 1988, the company employed only 5,596 workers, down from 24,660 ten years earlier. 448:
In February 2024, Japanese Secretary of State Yoko Kamikawa stated that a recent decision by the South Korean government to authorize the transfer of money from Hitatchi Zosen to a South Korean plaintiff who sued for compensation based on the issue of labor from the era of Japan's 1910 to 1945
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However, the global oil crisis of 1973 with its consequent reduction in ship demand resulted in financial difficulties for the company. Hitachi Zōsen, with over 50% of its revenues from ships was hard hit by the cancellation in orders for
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and coastal transports. By 1955, Hitachi Zōsen had emerged as one of the largest shipbuilders in Japan. The company also expanded into other markets. In 1957, as part of a technical cooperation with B&W Diesel in
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colonial rule over the Korean Peninsula left the company at an "unreasonable disadvantage." The compensation payment was based on a ruling from the South Korean Supreme Court in December 2023.
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before moving to Osaka and establishing a new shipyard at the junction of the Nakatsu and Aki rivers which could construct ships of under 1000 tons displacement. His first vessel, the
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and modular, automated construction techniques. Hitachi acquired another shipyard, Maizuru Heavy Industries, in 1971 and opened a new shipyard at Ariake in Kyushu in 1973.
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was launched in 1882. Hunter intended to build a company which was completely self-sufficient, and also produced engines, boilers, bridges and irrigation equipment.
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An additional facility was established downstream on the Aji river at Sakurajima in 1900 to handle construction of vessels larger than 1000 tons. The first
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facilities. However, its boldest move was in October 2002, when it sold its shipbuilding operations to a new joint venture with NKK Corporation (now
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in 1964. In the shipbuilding field, Hitachi began to specialize in ever larger sizes of oil tankers, pioneering in methods for
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in 1911. Hunter changed his name to "Hanta" in 1915 after marrying a Japanese woman, and after transforming the company into a
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went to Osaka Iron Work’s competitors, the company did build a large number of smaller auxiliary vessels such as
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The company also made strong efforts to diversify away from the shipbuilding roots, expanding especially into
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Hitachi Zōsen's origins go back to April 1, 1881, when British entrepreneur Edward H. Hunter established
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and was involved in the conversion of old merchant ships for military use. Hitachi Zōsen also built the
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Brown-, Green- and Blue-Water Fleets: The Influence of Geography on Naval Warfare, 1861 to the Present
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with a capacity of 1000mAh, which the company reckoned is the world's highest in its kind.
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Rich Nation, Strong Army": National Security and the Technological Transformation of Japan
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and acquiring the existing Mukaishima shipyard in 1943. It also changed its name to
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The company was re-organized in 1934, coming under the overall control of the
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in 1947. Since then Hitachi Zōsen has been independent from Hitachi or the
196:. Despite its name, Hitachi Zosen, of which the last word literally means 1589: 1569: 1564: 1454: 1434: 1349: 1339: 1184: 1129: 979: 954: 949: 784: 764: 356: 337: 295: 246: 206: 176:
is a major Japanese industrial and engineering corporation. It produces
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plants, industrial plants, precision machinery, industrial machinery,
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While most of the lucrative contracts for naval warships for the
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Japanese Industrialisation: Historical and Cultural Perspectives
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and large business enterprises), the company was spun out from
1839: 1704: 1319: 375:. Hitachi Zōsen quickly restarted operations as a builder of 336:, the Osaka Iron Works expanded by opening a new shipyard at 200:, no longer builds ships, having spun off the business to 568:"Japan, South Korea agree to work on North Korea issues" 562: 560: 355:'s economic democratization policy (dissolution of the 146: 132: 124: 106: 96: 79: 61: 46: 234: 169: 228: 163: 712: 8: 1911:Companies listed on the Tokyo Stock Exchange 633:International Directory of Company Histories 529:International Directory of Company Histories 492:International Directory of Company Histories 480:International Directory of Company Histories 30: 1926:Subterranean excavating equipment companies 719: 705: 697: 87: 29: 332:, at its Innoshima works in 1945. During 245:to develop the Japanese steel-making and 441:In March 2021, Hitachi Zosen unveiled a 458: 408:and attempted to survive by turning to 1921:Manufacturing companies based in Osaka 351:at the end of World War II, under the 367:although it is still a member of the 184:process equipment, steel structures, 7: 467:Brown-, Green- and Blue-Water Fleets 384:, Hitachi built the world’s largest 275:Another shipyard was constructed at 432:Universal Shipbuilding Corporation 202:Universal Shipbuilding Corporation 25: 728: 683: 301:K.K. Nihon Sangyō Osaka Tekkoshō 38: 1956:Ships built by Osaka Iron Works 1896:Shipbuilding companies of Japan 570:. Kyodo News. February 22, 2024 1891:Engineering companies of Japan 1420:Sompo Japan Nipponkoa Holdings 1000:Hitachi Construction Machinery 171:Hitachi Zōsen Kabushiki-kaisha 151:http://www.hitachizosen.co.jp/ 1: 1951:Engine manufacturers of Japan 1931:1881 establishments in Japan 654:. Cornell University Press. 264:built in Japan, the 531-ton 112:; 143 years ago 27:Japanese engineering company 1946:Marine engine manufacturers 1941:Diesel engine manufacturers 1916:Companies in the Nikkei 225 1250:Mitsubishi Heavy Industries 650:Samuels, Richard J (1996). 235: 170: 1972: 1901:Defense companies of Japan 612:Lindberg, Michael (2001). 504:Japanese Industrialisation 268:was launched in 1908, for 1640:Sumitomo Mitsui Financial 1630:Sumitomo Heavy Industries 745: 342:Hitachi Zosen Corporation 229: 164: 159:Hitachi Zosen Corporation 37: 31:Hitachi Zosen Corporation 1475:Oji Holdings Corporation 631:Pederson, Jap P (2008). 516:Organizational Structure 398:computer assisted design 1375:Nippon Paper Industries 1235:Mitsubishi Corporation 616:. 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Index

Osaka Iron Works

Public
K.K
Traded as
TYO
7004
ISIN
Edit this on Wikidata
Heavy Industry
Osaka
Japan
http://www.hitachizosen.co.jp/
waste treatment
steel mill
construction machinery
tunnel boring machines
power plants
shipbuilding
Universal Shipbuilding Corporation
keiretsu
Hitachi
Osaka
shipbuilding industry
Kobe
oil tanker
Standard Oil Company
Innoshima, Hiroshima
joint stock company
hydroelectric power

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