Maintenance and Repairs of Power Generation Facilities for a Stable Summer Electricity Supply

「In particular, in renewable energy-related markets, where commercialization of biomass power plants, grid-scale storage batteries and other projects is progressing through the use of long-term decarbonized power source auctions and other measures, as well as in the nuclear field, where safety upgrade work toward the restart of nuclear power plants is progressing across Japan, and the general industrial field, where capital investment for decarbonization and energy conservation remains firm, we are expanding our construction bases nationwide through 6 locally rooted branches and 3 regional offices, while also increasing the number of personnel stationed at customer facilities.」

「Orders received in the fiscal year amounted to ¥106.593 billion, up 16.5% from the previous fiscal year, due to orders for safety-related work on nuclear facilities, electric furnace-related work at steel plants for decarbonization, replacement of aging waste treatment plants nationwide, electrical equipment work at public facilities, renewal work on publicly operated hydroelectric power facilities, O&M (operation and maintenance) and LTSA (long-term service agreement) work for biomass power plants, and on-site PPA facility and construction work in the solar field.」

「In particular, we steadily increased orders in the nuclear power field, where safety upgrade work is progressing at nuclear power plants across Japan toward their restart, the general industrial field, where capital investment for decarbonization and energy conservation remains firm, and renewable energy-related markets, where commercialization is progressing through the use of long-term decarbonized power source auctions and PPAs (power purchase agreements), among others. As a result, the backlog of carried-over construction projects reached a record high.」

「Orders received in the six-month interim consolidated period amounted to ¥51.543 billion, up 36.3% year on year, due to orders for safety-related work on nuclear facilities, decommissioning-related work at Fukushima Daiichi Nuclear Power Station, new and expanded substation equipment construction, electric furnace-related work at steel plants for decarbonization, electrical equipment work at public facilities, on-site PPA facility work in the solar field, and renewal work on publicly operated hydroelectric power facilities.」

「Orders received in the fiscal year amounted to ¥91.466 billion, up 42.5% from the previous fiscal year, due to orders for factory equipment expansion and renewal, refinery maintenance and repair, air-conditioning and electrical work at public facilities, construction and renewal of waste treatment plants, renovation of publicly operated hydroelectric power facilities, new and expanded substation equipment construction driven by increased power demand from data centers, new decarbonization retrofit work at thermal power plants through synergies with the overseas subsidiary's parts manufacturing business, and preparations for restarting nuclear power plants.」

「Orders received in the six-month interim consolidated period amounted to ¥37.827 billion, up 36.1% year on year, due to orders for chemical plant expansion, refinery maintenance and repair, air-conditioning work at public facilities, on-site PPA facility work and BCP measures in the solar field, disaster recovery work following torrential rain, new decarbonization retrofit work at thermal power plants through synergies with the overseas subsidiary's parts manufacturing business, and preparations for restarting nuclear power plants. Meanwhile, revenue amounted to ¥30.541 billion, down 26.1% year on year, despite progress on solar power generation facility installation and new and expanded substation equipment construction, due to the completion of a cycle of safety-related work at nuclear power plants and construction work at thermal power plants, as well as the completion of work related to treated water at Fukushima Daiichi Nuclear Power Station.」

「Meanwhile, revenue amounted to ¥63.648 billion, up 11.3% year on year, due to progress on construction of biomass power plants, renovation work at hydroelectric power plants and decommissioning-related work at Fukushima Daiichi Nuclear Power Station, as well as electricity sales revenue from the Group's own biomass power plant, which began commercial operations in October 2022.」

「Orders received in the six-month period ended 30 September amounted to ¥27.790 billion, up 9.6% year on year, due to orders for electrical equipment work at large public facilities, new substation construction, solar power and battery storage facility installation, and biomass fuel sales.」

「Orders received in the three-month period ended 30 June amounted to ¥13.995 billion, up 27.9% year on year, due to orders for electrical equipment work at large public facilities, substation equipment work and safety-related work at nuclear power plants. Revenue amounted to ¥20.295 billion, up 6.8% year on year, due to progress on decommissioning-related work at Fukushima Daiichi Nuclear Power Station and maintenance and repair work on thermal power generation facilities, as well as electricity sales revenue from the Group's own biomass power plant, which began commercial operations in October last year.」

「Meanwhile, revenue amounted to ¥57.188 billion, up 15.3% year on year, due to progress on maintenance and repair work and large-scale construction work at thermal power plants, decommissioning-related work at Fukushima Daiichi Nuclear Power Station, and hydroelectric power plant and transmission and distribution facility construction.」

「Meanwhile, revenue amounted to ¥37.771 billion, up 33.6% year on year, due to increases in maintenance and repair work on thermal power generation facilities, including work to restart idled thermal power plants to ensure stable electricity supply and demand, as well as progress on hydroelectric power plant and substation construction.」

「Meanwhile, revenue amounted to ¥18.994 billion, up 75.8% year on year, due to an increase in large-scale construction work, including maintenance and repair work on thermal power generation facilities and transferred construction work.」

「Orders received in the fiscal year amounted to ¥117.055 billion, compared with ¥80.162 billion in the previous fiscal year, due to increases in decommissioning-related work at Fukushima Daiichi Nuclear Power Station and long-term operation and maintenance contracts for biomass power plants, as well as the transfer of construction work for thermal power generation facilities from Hitachi Plant Construction, Co., Ltd. This marked a new record high.」

「Specifically, the Group sought to secure and expand orders for inspection and maintenance work at thermal, nuclear and hydroelectric power plants; decommissioning-related work at Fukushima Daiichi Nuclear Power Station and reconstruction-related work in Fukushima; safety-related work at nuclear power plants; and construction work for thermal power generation facilities」

「Revenue amounted to ¥10.804 billion, compared with ¥12.622 billion in the same period of the previous year, as construction work for thermal power generation facilities increased, but cogeneration facility construction and scheduled inspection work on thermal power generation facilities decreased year on year.」

「Orders received in the fiscal year amounted to ¥80.162 billion, up 25.2% from the previous fiscal year, due to increases in construction work for large-scale thermal power generation facilities and long-term operation and maintenance contracts for biomass power plants, despite extensions to solar power generation facility plans caused by natural disasters.」

「Orders received in the six-month period ended 30 September amounted to ¥26.871 billion, up 0.2% year on year, as the increase in scheduled inspection work on thermal power generation facilities and safety-related work at nuclear power plants outweighed decreases in cogeneration facility construction, thermal power generation facility construction and solar power generation facility construction.」

「Against this backdrop, the Group sought to expand orders and sales and made every effort to generate profits through inspection and maintenance of thermal, nuclear and hydroelectric power plants; decommissioning-related work at Fukushima Daiichi Nuclear Power Station and reconstruction-related work in Fukushima; safety-related work at nuclear power plants; and work involving large-scale thermal power generation facilities, cogeneration facilities, telecommunications facilities and large-scale solar power generation facilities.」

「Orders received amounted to ¥64.012 billion, down 13.1% from the previous fiscal year, despite increased participation in hydroelectric power plant redevelopment projects and an increase in orders for cogeneration facility work, due to a decrease in construction work for thermal power generation facilities, postponement of inspection and maintenance work, and extensions to solar power generation facility plans caused by major typhoons.」

「Orders received in the nine-month period ended 31 December amounted to ¥38.085 billion, down 26.7% year on year, due to a decrease in construction work for thermal power generation facilities and the postponement of inspection and maintenance work.」

「Specifically, the Group sought to expand orders and sales and made every effort to generate profits through inspection and maintenance of thermal, nuclear and hydroelectric power plants; decommissioning-related work at Fukushima Daiichi Nuclear Power Station and reconstruction-related work in Fukushima; safety-related work at nuclear power plants; and work involving large-scale thermal power generation facilities, cogeneration facilities, telecommunications facilities and large-scale solar power generation facilities.」

「Against this backdrop, the Group sought to expand its business and made every effort to generate profits through inspection and maintenance of thermal, nuclear and hydroelectric power plants, decommissioning-related work at Fukushima Daiichi Nuclear Power Station and reconstruction-related work in Fukushima, safety-related work at nuclear power plants, and work involving large-scale thermal power generation facilities, cogeneration facilities and large-scale solar power generation facilities.」

「Specifically, the Group sought to expand its business and made every effort to generate profits through inspection and maintenance of thermal, nuclear and hydroelectric power plants, decommissioning-related work at Fukushima Daiichi Nuclear Power Station and reconstruction-related work in Fukushima, safety-related work at nuclear power plants, and work involving large-scale thermal power generation facilities, cogeneration and large-scale solar power generation facilities.」

「Against this backdrop, the Group made every effort to secure and expand orders and sales and generate profits from inspection and maintenance work and repair work at thermal, nuclear and hydroelectric power plants; decommissioning-related work at Fukushima Daiichi Nuclear Power Station and reconstruction-related work in Fukushima; safety-related work at nuclear power plants; power generation facility-related work and cogeneration-related work at petrochemical plants; and installation work for large-scale solar power generation facilities.」

「Against this backdrop, in its existing business areas, the Group is working to expand and transform its business by adding replacement of aging thermal power plants, safety-related work at nuclear power plants and decommissioning-related work at Fukushima Daiichi Nuclear Power Station to its conventional maintenance of power facilities, while pursuing new customers.」

「Against this backdrop, the Group made every effort to carry out inspection and maintenance work and repair work at thermal, nuclear and hydroelectric power plants; work related to the decommissioning of Fukushima Daiichi Nuclear Power Station and the reconstruction of Fukushima; safety-related work at nuclear power plants; power generation facility-related work and cogeneration-related work at petrochemical plants; and installation work for large-scale solar power generation facilities.」

「Orders received increased by ¥9.132 billion year on year to ¥37.375 billion, as orders increased for decommissioning-related work at Fukushima Daiichi Nuclear Power Station in the Nuclear segment and inspection and maintenance work at thermal power plants in the Energy and Industrial segment.」

「Orders received increased by ¥11.353 billion year on year to ¥22.850 billion, as orders increased for safety-related work at Kashiwazaki-Kariwa Nuclear Power Station in the Nuclear segment and inspection and maintenance work at thermal power plants in the Energy and Industrial segment.」

「Specifically, inspection and maintenance work and repair work at thermal, nuclear and hydroelectric power plants to ensure stable electricity supply, and equipment maintenance and inspection work on the contaminated-water treatment and circulating-cooling systems at Fukushima Daiichi Nuclear Power Station during decommissioning」

「Scheduled inspection and maintenance work and repair work at thermal, nuclear and hydroelectric power plants」

「Against this backdrop, the Group made every effort to carry out inspection and maintenance work and repair work at thermal, nuclear and hydroelectric power plants; work related to the contaminated-water treatment and circulating-cooling systems at Fukushima Daiichi Nuclear Power Station; safety-related work at Kashiwazaki-Kariwa Nuclear Power Station and Shika Nuclear Power Station; construction and renovation of substations; power generation facility-related work at petrochemical plants; and installation work for large-scale solar power generation facilities.」

「Specifically, the Group made every effort to carry out scheduled inspection and maintenance work and various repair work at thermal, nuclear and hydroelectric power plants; work related to the contaminated-water treatment and circulating-cooling systems at Fukushima Daiichi Nuclear Power Station; safety-related work at Kashiwazaki-Kariwa Nuclear Power Station and Shika Nuclear Power Station; construction and renovation of substations; power generation facility-related work at chemical plants; and installation work for large-scale solar power generation facilities.」

「In the first quarter, the Group made every effort to carry out various maintenance inspections and repair work on power generation facilities to ensure stable electricity supply in summer, decommissioning-related and safety-related work at nuclear power plants, and work related to renewable energy. Specifically, this included scheduled inspection and maintenance work and various repair work at thermal, nuclear and hydroelectric power plants」