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{{short description|Japanese company}}
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{{Infobox company
{{EngvarA|date=March 2021}}
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|name = JGC Corporation
{{Use mdy dates|date=March 2021}}
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|native_name = 日揮株式会社
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{{Infobox company
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|native_name_lang = ja
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| name = JGC Holdings Corporation
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|romanized_name = Nikki Kabushiki-gaisha
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| native_name = 日揮株式会社
|logo = [[Image:JGC Logo.svg]]
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| native_name_lang = ja
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|type = [[public company|Public]] [[Kabushiki kaisha|KK]]
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| romanized_name = Nikki Kabushiki-gaisha
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|traded_as = {{TYO|1963}}<br>[[TOPIX|TOPIX 100 Component]]<br>[[Nikkei 225|Nikkei 225 Component]]
| logo = JGC Corporation company logo.svg
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|foundation = ({{start date and age|1928|10|25}})
| image = QueensSquareYokohama.jpg
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|founder = Masao Saneyoshi
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| image_caption = JGC is headquartered in the Queen's Tower A building (left) in Yokohama's [[Minato Mirai 21]] area
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|location = 2-3-1, [[Minato Mirai 21|Minato Mirai]], [[Nishi-ku, Yokohama|Nishi-ku]], [[Yokohama]] 220-6001, [[Japan]]
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| type = [[Public Company|Public]] ([[Kabushiki gaisha|K.K]])
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|key_people = Masayuki Sato<br><small>([[Chairman#Public corporations|Chairman of the Board]])</small><br>Koichi Kawana<br><small>([[President (corporate title)|President]])</small>
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| traded_as = {{TYO|1963}}<br>[[TOPIX|TOPIX 100 Component]]<br>[[Nikkei 225|Nikkei 225 Component]]
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|industry = [[Engineering]] and [[Construction|construction services]]
| ISIN = JP3667600005
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|revenue = {{profit}} [[US dollar|$]] 6.59 billion ([[Fiscal year|FY]] 2014)
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| foundation = {{start date and age|1928|10|25}}
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([[Japanese yen|¥]] 675.82 billion) (FY 2014)
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| founder = Masao Saneyoshi
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|net_income = {{profit}} $ 460.5 million (FY 2014)
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| location = [[Minato Mirai 21|Minato Mirai]], [[Nishi-ku, Yokohama|Nishi-ku]], [[Yokohama]] 220-6001, [[Japan]]
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(¥ 47.17 billion) (FY 2014)
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| key_people = Masayuki Sato<br><small>([[Chairman#Public corporations|Chairman of the Board]] and [[CEO]])</small><br>Tadashi Ishizuka<br><small>([[President (corporate title)|President]] and [[Chief operating officer|COO]])</small>
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|num_employees = 7,005 (consolidated, as of March 31, 2014)
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| industry = [[Engineering]]<br/>[[Construction|Construction services]]
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|homepage = [http://www.jgc.com/en/index.html Official website]
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| revenue = {{increase}} [[Japanese yen|JPY]] 879.9 billion ([[Fiscal year|FY]] 2015)
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|footnotes= <ref>{{cite web |url=http://www.jgc.com/en/01_about_jgc/corporate_profile.html |title=Company Profile |accessdate=August 14, 2014}}</ref><ref>{{cite web |url=http://www.jgc.com/en/01_about_jgc/history.html |title=Company History |accessdate=August 14, 2014}}</ref><ref>{{cite web |url=http://investing.businessweek.com/research/stocks/financials/financials.asp?ticker=1963:JP |title=JGC Corporation Financial Statements |publisher=[[Bloomberg Businessweek]] |accessdate=August 14, 2014}}</ref>
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([[US dollar|US$]] 7.3 billion) (FY 2015)
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| net_income = {{increase}} JPY 42.7 billion (FY 2015)
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(US$ 356 million) (FY 2015)
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| num_employees = 7,554 (consolidated, as of March 31, 2017)
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| homepage = {{URL|http://www.jgc.com/en/index.html|jgc.com}}
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| footnotes = <ref>{{cite web |url=http://www.jgc.com/en/01_about_jgc/corporate_profile.html |title=Company Profile |publisher=JGC Corporation |access-date=September 17, 2017}}</ref><ref>{{cite web |url=http://www.jgc.com/en/01_about_jgc/history.html |title=Company History |publisher=JGC Corporation |access-date=August 14, 2014}}</ref><ref>{{cite web |url=https://asia.nikkei.com/Company/05J251-E |title=Company Profile |work=[[Nikkei Asian Review]] |publisher=[[Nikkei Inc.]] |access-date=September 17, 2017}}</ref><ref>{{cite web |url=http://investing.businessweek.com/research/stocks/financials/financials.asp?ticker=1963:JP |archive-url=https://archive.today/20140814173410/http://investing.businessweek.com/research/stocks/financials/financials.asp?ticker=1963:JP |url-status=dead |archive-date=August 14, 2014 |title=JGC Corporation Financial Statements |publisher=[[Bloomberg Businessweek]] |access-date=August 14, 2014}}</ref>
}}
}}
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[[File:QueensSquareYokohama.jpg|thumb|JGC Corp. is headquartered in the Queen's Tower A building (left) in [[Queen's Square Yokohama]] in the [[Minato Mirai 21]] area.]]
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{{nihongo|'''JGC Corporation'''|日揮株式会社|Nikki Kabushiki-gaisha}}, formerly {{nihongo|'''Japan Gasoline Co.'''|日本揮発油株式会社|Nihon kihatsuyu kabushiki gaisha}}, is a global engineering company headquartered in [[Yokohama]], [[Japan]].


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'''JGC Holdings Corporation''', formerly {{nihongo|'''JGC Corporation'''|日揮株式会社|Nikki Kabushiki-gaisha}}, and before that {{nihongo|'''Japan Gasoline Co.'''|日本揮発油株式会社|Nihon kihatsuyu kabushiki gaisha}}, is a global engineering company headquartered in [[Yokohama]], [[Japan]].
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The company was founded on 25 October 1928. In 1976, it changed its original name from Japan Gasoline Co. to JGC Corp. JGC participates in the design and construction of large energy projects, such as [[Al Zour Refinery]], [[Nigeria LNG]], [[Pearl GTL]], Ichthys LNG, [[Gorgon LNG]], Tangguh LNG and [[Dolphin Gas Project]].<ref name=upstream1>

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The company was founded on 25 October 1928. In 1976, it changed its original name from Japan Gasoline Co. to JGC Corp. In 2019, it changed its name to JGC Holdings Corporation to reflect its changed corporate structure.<ref>{{cite web |title=Company Profile: About Us |url=https://www.jgc.com/en/about/corporate-profile.html |website=JGC HOLDINGS CORPORATION |access-date=24 June 2021 |language=en}}</ref> JGC participates in the design and construction of large energy projects, such as [[Al Zour Refinery]], [[Nigeria LNG]], [[Pearl GTL]], [[Ichthys gas field|Ichthys LNG]], [[Gorgon LNG]], Tangguh LNG and [[Dolphin Gas Project]]<ref name=upstream1>
{{cite news
{{cite news
| url = http://www.upstreamonline.com/live/article150373.ece
| url = http://www.upstreamonline.com/live/article150373.ece
Line 32: Line 38:
| publisher = [[NHST Media Group]]
| publisher = [[NHST Media Group]]
| date = March 11, 2008
| date = March 11, 2008
| accessdate = April 20, 2008
| access-date = April 20, 2008
| id = {{subscription required}}}}
| url-access = subscription
}}
</ref><ref name=hydrocarbons>
</ref><ref name=hydrocarbons>
{{cite news
{{cite news
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| url= http://www.hydrocarbons-technology.com/projects/dolphin-gas/
| url= http://www.hydrocarbons-technology.com/projects/dolphin-gas/
| title = Dolphin Gas Project, Ras Laffan, Qatar
| title = Dolphin Gas Project, Ras Laffan, Qatar
| accessdate=July 12, 2007}}
| access-date=July 12, 2007}}
</ref><ref name=upstream090209>
</ref><ref name=upstream090209>
{{cite news
{{cite news
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| url= http://www.upstreamonline.com/live/article171642.ece
| url= http://www.upstreamonline.com/live/article171642.ece
| date = February 9, 2009
| date = February 9, 2009
| accessdate=November 8, 2009
| access-date=November 8, 2009
| id = {{subscription required}}}}
| url-access = subscription
}}</ref> and over the course of the company's history it implemented over {{formatnum:20000}} projects in 50 countries.<ref>{{cite book |first1=Kheng-Lian |last1=Koh |first2=Lin-Heng |last2=Lye |first3=Jolene |last3=Lin |title=Crucial Issues in Climate Change and the Kyoto Protocol: Asia and the World |url=https://books.google.com/books?id=OMxpDQAAQBAJ&pg=PA146 |year=2010 |publisher=[[World Scientific]] |isbn=978-981-4277-52-5 |page=146}}</ref>
</ref>


The company is listed on the first section of [[Tokyo Stock Exchange]] and is a constituent of the [[Topix|TOPIX 100]]<ref>{{cite web |url=http://www.tse.or.jp/english/market/topix/data/b7gje60000003v9e-att/Large70-201310-e.pdf |title=TOPIX Large70 Components |publisher=[[Japan Exchange Group]] |accessdate=August 14, 2014}}</ref> and [[Nikkei 225]]<ref>{{cite web |url=http://indexes.nikkei.co.jp/en/nkave/index/component?idx=nk225#41 |title=Components:Nikkei Stock Average |publisher=[[Nikkei Inc.]] |accessdate=August 14, 2014}}</ref> [[stock market index|stock market indices]].
The company is listed on the first section of [[Tokyo Stock Exchange]] and is a constituent of the [[Topix|TOPIX 100]]<ref>{{cite web|url=http://www.tse.or.jp/english/market/topix/data/b7gje60000003v9e-att/Large70-201310-e.pdf |title=TOPIX Large70 Components |publisher=[[Japan Exchange Group]] |access-date=August 14, 2014 |url-status=dead |archive-url=https://web.archive.org/web/20131013065445/http://www.tse.or.jp/english/market/topix/data/b7gje60000003v9e-att/Large70-201310-e.pdf |archive-date=October 13, 2013 }}</ref> and [[Nikkei 225]]<ref>{{cite web |url=http://indexes.nikkei.co.jp/en/nkave/index/component?idx=nk225#41 |title=Components:Nikkei Stock Average |publisher=[[Nikkei Inc.]] |access-date=August 14, 2014}}</ref> [[stock market index|stock market indices]].

== Overview ==
The company is a leading engineering company in Japan. Their main business is "building manufacturing facilities to make products." These manufacturing facilities include oil refineries, petrochemical and chemical plants, [[Liquefied natural gas|LNG]] plants, and natural gas processing plants.<ref name=":0">{{Cite web |title=廃プラスチックガス化ケミカルリサイクル {{!}} 資源循環 {{!}} 日揮ホールディングス株式会社 |url=https://www.jgc.com/jp/business/resource-recycling/gasfication/ |access-date=2023-10-31 |website=日揮ホールディングス株式会社（JGC HOLDINGS CORPORATION） |language=ja}}</ref>

Since its establishment, the company has carried out over 20,000 projects in more than 80 countries worldwide, boasting one of the most remarkable track records in the world. Especially in the area of LNG plants, they have designed and built plants that account for more than 30% of the world's production volume. During the plant construction boom in the late 2000s due to high crude oil prices, they adopted a selective order strategy, reducing sales while achieving record-high profits.<ref name=":0" />

In recent years, they have been exploring and expanding into new areas such as waste plastic gasification facilities, SAF production facilities, and lunar propellant plants. This indicates a move away from their traditional reliance solely on oil & gas operations.<ref name=":0" />

While the scale of their business in this sector isn't massive, they also have a track record in the life sciences field related to medical and pharmaceuticals. In 2008, they won a contract for the facility maintenance, operation, and procurement of [[Tokyo]]'s Mental Health Center for about 15 years. This marked the first hospital PFI business for a domestic engineering company in Japan. Moreover, they are earnestly embarking on environmental businesses, including carbon credit trading, and participation in water quality improvement projects in China has been reported. In North America, they have started an oil development business as a 100% owned operator (producing about 1,000 barrels per day), indicating a notable expansion beyond plants.<ref name=":0" />

Domestically in Japan, the company, along with Toyo Engineering and [[Chiyoda, Tokyo|Chiyoda]] Chemical Construction, was once called the "Big Three of Engineering." However, as of 2020, the company significantly outpaces the other two in terms of net profit and order backlog.<ref name=":0" />

Every month, on the last day, they advertise prominently on the front page of the morning edition of the [[The Nikkei|Nihon Keizai Shimbun]] newspaper.<ref>{{Cite web |date=2022-11-08 |title=日揮HD、新会社を設立 国内初「国産SAF」の大規模生産実現に向け {{!}} Merkmal（メルクマール） |url=https://merkmal-biz.jp/post/24930 |access-date=2023-10-31 |website=Merkmal（メルクマール） {{!}} 交通・運輸・モビリティ産業の最新ビジネスニュース |language=ja}}</ref>


==References==
==References==
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==External links==
==External links==
{{Portal|Japan|Engineering|Companies}}
{{Portal|Japan|Engineering|Companies}}
* {{Official website|http://www.jgc.com/en/index.html}} {{en icon}}
* {{Official website|http://www.jgc.com/en/index.html}} {{in lang|en}}


{{TOPIX 100}}
{{Nikkei 225}}
{{Nikkei 225}}
{{Authority control}}
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[[Category:Companies of Japan]]

[[Category:JGC Corporation| ]]
[[Category:Engineering companies of Japan]]
[[Category:Engineering companies of Japan]]
[[Category:Energy engineering and contractor companies]]
[[Category:Energy engineering and contractor companies]]
[[Category:Companies listed on the Tokyo Stock Exchange]]
[[Category:Companies listed on the Tokyo Stock Exchange]]
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[[Category:Companies in the Nikkei 225]]
[[Category:Companies based in Yokohama]]
[[Category:Companies based in Yokohama]]
[[Category:Companies established in 1928]]
[[Category:Construction and civil engineering companies established in 1928]]
[[Category:Japanese companies established in 1928]]



{{japan-company-stub}}
{{japan-company-stub}}

Latest revision as of 10:58, 22 March 2024

JGC Holdings Corporation
Native name
日揮株式会社
Nikki Kabushiki-gaisha
Company typePublic (K.K)
TYO: 1963
TOPIX 100 Component
Nikkei 225 Component
ISINJP3667600005
IndustryEngineering
Construction services
FoundedOctober 25, 1928; 95 years ago (1928-10-25)
FounderMasao Saneyoshi
HeadquartersMinato Mirai, Nishi-ku, Yokohama 220-6001, Japan
Key people
Masayuki Sato
(Chairman of the Board and CEO)
Tadashi Ishizuka
(President and COO)
RevenueIncrease JPY 879.9 billion (FY 2015) (US$ 7.3 billion) (FY 2015)
Increase JPY 42.7 billion (FY 2015) (US$ 356 million) (FY 2015)
Number of employees
7,554 (consolidated, as of March 31, 2017)
Websitejgc.com
Footnotes / references
[1][2][3][4]

JGC Holdings Corporation, formerly JGC Corporation (日揮株式会社, Nikki Kabushiki-gaisha), and before that Japan Gasoline Co. (日本揮発油株式会社, Nihon kihatsuyu kabushiki gaisha), is a global engineering company headquartered in Yokohama, Japan.

The company was founded on 25 October 1928. In 1976, it changed its original name from Japan Gasoline Co. to JGC Corp. In 2019, it changed its name to JGC Holdings Corporation to reflect its changed corporate structure.[5] JGC participates in the design and construction of large energy projects, such as Al Zour Refinery, Nigeria LNG, Pearl GTL, Ichthys LNG, Gorgon LNG, Tangguh LNG and Dolphin Gas Project[6][7][8] and over the course of the company's history it implemented over 20,000 projects in 50 countries.[9]

The company is listed on the first section of Tokyo Stock Exchange and is a constituent of the TOPIX 100[10] and Nikkei 225[11] stock market indices.

Overview[edit]

The company is a leading engineering company in Japan. Their main business is "building manufacturing facilities to make products." These manufacturing facilities include oil refineries, petrochemical and chemical plants, LNG plants, and natural gas processing plants.[12]

Since its establishment, the company has carried out over 20,000 projects in more than 80 countries worldwide, boasting one of the most remarkable track records in the world. Especially in the area of LNG plants, they have designed and built plants that account for more than 30% of the world's production volume. During the plant construction boom in the late 2000s due to high crude oil prices, they adopted a selective order strategy, reducing sales while achieving record-high profits.[12]

In recent years, they have been exploring and expanding into new areas such as waste plastic gasification facilities, SAF production facilities, and lunar propellant plants. This indicates a move away from their traditional reliance solely on oil & gas operations.[12]

While the scale of their business in this sector isn't massive, they also have a track record in the life sciences field related to medical and pharmaceuticals. In 2008, they won a contract for the facility maintenance, operation, and procurement of Tokyo's Mental Health Center for about 15 years. This marked the first hospital PFI business for a domestic engineering company in Japan. Moreover, they are earnestly embarking on environmental businesses, including carbon credit trading, and participation in water quality improvement projects in China has been reported. In North America, they have started an oil development business as a 100% owned operator (producing about 1,000 barrels per day), indicating a notable expansion beyond plants.[12]

Domestically in Japan, the company, along with Toyo Engineering and Chiyoda Chemical Construction, was once called the "Big Three of Engineering." However, as of 2020, the company significantly outpaces the other two in terms of net profit and order backlog.[12]

Every month, on the last day, they advertise prominently on the front page of the morning edition of the Nihon Keizai Shimbun newspaper.[13]

References[edit]

  1. ^ "Company Profile". JGC Corporation. Retrieved September 17, 2017.
  2. ^ "Company History". JGC Corporation. Retrieved August 14, 2014.
  3. ^ "Company Profile". Nikkei Asian Review. Nikkei Inc. Retrieved September 17, 2017.
  4. ^ "JGC Corporation Financial Statements". Bloomberg Businessweek. Archived from the original on August 14, 2014. Retrieved August 14, 2014.
  5. ^ "Company Profile: About Us". JGC HOLDINGS CORPORATION. Retrieved June 24, 2021.
  6. ^ Evans, Damon (March 11, 2008). "Pearl GTL set for big payback". Upstream Online. NHST Media Group. Retrieved April 20, 2008.
  7. ^ "Dolphin Gas Project, Ras Laffan, Qatar". hydrocarbons-technology.com. Retrieved July 12, 2007.
  8. ^ "KBR booked in Nigeria graft case". Upstream Online. NHST Media Group. February 9, 2009. Retrieved November 8, 2009.
  9. ^ Koh, Kheng-Lian; Lye, Lin-Heng; Lin, Jolene (2010). Crucial Issues in Climate Change and the Kyoto Protocol: Asia and the World. World Scientific. p. 146. ISBN 978-981-4277-52-5.
  10. ^ "TOPIX Large70 Components" (PDF). Japan Exchange Group. Archived from the original (PDF) on October 13, 2013. Retrieved August 14, 2014.
  11. ^ "Components:Nikkei Stock Average". Nikkei Inc. Retrieved August 14, 2014.
  12. ^ a b c d e "廃プラスチックガス化ケミカルリサイクル | 資源循環 | 日揮ホールディングス株式会社". 日揮ホールディングス株式会社（JGC HOLDINGS CORPORATION） (in Japanese). Retrieved October 31, 2023.
  13. ^ "日揮HD、新会社を設立 国内初「国産SAF」の大規模生産実現に向け | Merkmal（メルクマール）". Merkmal（メルクマール） | 交通・運輸・モビリティ産業の最新ビジネスニュース (in Japanese). November 8, 2022. Retrieved October 31, 2023.

External links[edit]


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