Finance

Big profit downgrade and management shuffle for Japanese EPC giant

Risks of EPC contracts laid bare again as Japan's JGC reveals trouble on several international projects

JGC Holdings chief executive Masayuki Sato (left), and chief operating officer Tadashi Ishizuka who has resigned.
JGC Holdings chief executive Masayuki Sato (left), and chief operating officer Tadashi Ishizuka who has resigned.Photo: JGC HOLDINGS
Norway Correspondent
Published 31 March 2025, 21:50Updated 1 April 2025, 06:34
JapanJGCAsia & OceaniaEast Asia