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X ^ t |( 1 2 i Location: Tokyo, Japan
Industry: Steel
2007 Sales: $1.8 billion
Japan Steel Works (5631) is the only maker of ultra heavy forgings for nuclear reactor vessels, with a backlog of more than five years on orders. The plant can churn out just a handful of these forgings each year, so some utilities are putting down $100 million deposits to secure their place in line. As fears grow that there won’t be enough supply to meet the growing demand for nuclear energy, other companies are making moves into this space. In France, a subsidiary of AREVA is developing this capability, as are Doosan Heavy Industries in Korea and Mitsubishi Steel in Japan.
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