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JST GROUP

Company Profile Analysis

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JST GROUP - Energy & Power showcase

Industry

Energy & Power

Services

Passenger locomotive Freight locomotiveSeoul Olympics Transformer French TGV Multi systemsRoof transformer Subcount - Urban Network
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JST GROUP Employee Contacts

4 verified contactsNames, job titles, seniority and locations

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JST GROUP Overview

JST Group is one of the leading players for the transformation of electrical energy, which is contributed by production, transmission, and distribution of electrical energy through transformers. JST transformers is focused on designing and manufacturing of transformers with an energy evacuation system for the new EPR technology nuclear power plant, which is under construction in Flamanville, France. It offers its product for all kind of power plants such as nuclear, wind, hydroelectric, and thermal power plants. The company designs and manufactures traction transformers, immersed chokes/inductors, autotransformers, and phase shifters. It provides its product to foundries, iron and steel industry, railway transportation, and power plants.

Some of its subsidiaries are JST Maintenance (France), Weltech (Poland), Isotransfo (Portugal), and JSTI Transformers (India). JST Group operates in 70 countries such as the US, Canada, and India. The company is focusing on France, the US, South Korea, India, Tunisia, Australia for traction transformer market.

Strategy

JST Group is primarily focusing on research and development activities as a part of organic strategy. The company emphasizes on the development of its manufacturing and marketing capabilities and the new products of transformers that are compatible with increasing speed of trains. The company is focused on achieving contracts and agreements with leading developing econmies to enhance its market share in the global traction transformer market. These strategies help the company to grow competitively in the traction transformer market.

SWOT Analysis

Strengths

  • Diverse product portfolio
  • Focus on research & development capabilities

Weaknesses

  • Limited strategic policies regarding subsidiaries

Opportunities

  • Advancement in technology for traction application
  • Partnership and joint ventures with players in developing countries

Threats

  • Intense rivalry
  • Fluctuation in raw material prices

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Key Developments

DateApproachDevelopment
May-2019Contract and AgreementJST Group had entered into a contract to provide traction transformers with a nominal power of 2880 kVA, and nominal voltage of 22.5Kv. This helped the company enhance its market share in the global market
September-2018New Product DevelopmentJST Group launched the latest innovation roof-mounted traction transformer for very high-speed trains and other solutions. This helped the company increase the competition in the traction transformer market

Product Offering

  • JST GROUP
    • Passenger locomotive Freight locomotive
    • Seoul Olympics Transformer French TGV Multi systems
    • Roof transformer Subcount - Urban Network

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