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Japan’s Imabari Consolidates Shipbuilding for Lower Costs and Competition

EHIME PREFECTURE, JAPAN, JUN 26 – Imabari Shipbuilding will control 50% of Japan's shipbuilding market by tonnage after acquiring a 60% stake in JMU to counter rising Chinese and Korean competition.

In what is seen as a strategic move aimed at strengthening Japan’s shipbuilding industry, its largest builder, Imabari Shipbuilding, will consolidate...

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Nikkei broke the news in Japan on Thursday, June 26, 2025.
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