Expansion of 海水カンパニー’s seawater-derived business and water environment operations
First written in FY2020. 8 of 11 entries say "Advanced", first in FY2021-Q2. Latest entry: FY2026.
No other company in this theme has enough history to compare yet.
- FY2026AdvancedAnnual report
「The company is proceeding with a plan to convert the coal-fired power plant at 日本海水's Sanuki Plant in Sakaide, Kagawa Prefecture, into a woody biomass power plant. Construction is scheduled to begin in fiscal 2026, with operations scheduled to commence in fiscal 2028.」
For the foundations of the seawater and power businesses, the company is developing a specific plan to convert the coal-fired power plant at the Sanuki Plant into a woody biomass power plant. - FY2025-H1RestatedAnnual report
「Nihonkai Salt Co., Ltd. exceeded the same period of the previous year in both revenue and operating profit, as sales volumes of industrial salt recovered, the Kanda Biomass Power Plant, which began commercial operations in August 2023, operated steadily, and water treatment construction-related business remained strong.」
The company explained that the businesses derived from seawater, including industrial salt, water-treatment construction and biomass power generation, continue to operate and expand. - FY2024AdvancedAnnual report
「We have also begun developing granulation technology for lithium-adsorption resin to recover lithium used in batteries and other products from salt lakes in South America, applying our accumulated manufacturing technologies for water-treatment adsorbents such as arsenic and fluorine adsorbents.」
The business scope related to seawater and the water environment has expanded from conventional water treatment and related activities to the development of lithium recovery technology from salt lakes in South America. - FY2024-Q3AdvancedAnnual report
「In the power business, results exceeded those of the same period of the previous year, as marine transportation costs for power generation fuel followed a downward trend and the Kanda Biomass Power Plant (Kanda, Fukuoka) commenced commercial operations in August 2023.」
Karita Biomass Power Plant, part of the power business associated with the Seawater Company, began commercial operations in August 2023, expanding the foundation of the power-generation business. - FY2024-Q1AdvancedAnnual report
「日本海水 made steady progress in addressing rising costs, including the price adjustments for commercial salt and magnesium hydroxide implemented since the previous fiscal year. Sales of pipeline systems for sewer rehabilitation also increased in the urban infrastructure business, which performed solidly.」
The Company reports progress in correcting prices for industrial salt and magnesium hydroxide in the seawater-derived business, as well as increased sales of sewer rehabilitation pipe systems. - FY2023AdvancedAnnual report
「In addition, for the project titled “Development of a CO2 Mineralization Method Using Seawater (Development of Blue Carbon Recycling Technology),” which was selected for NEDO's commissioned research and development program, we are advancing the development and practical application of new technologies to capture and utilize CO2 emitted from power plants and factories through industry-academia-government collaboration.」
The Seawater Company's business scope is being expanded from salt production, magnesia and the water environment to the fixation and utilization of CO2 using seawater and the development of magnesium-related products. - FY2022-Q3AdvancedAnnual report
「Overall business performance was substantially higher than in the same period of the previous year. The magnesia business was affected by higher raw material prices and ocean freight rates, but demand for magnesia, particularly for heaters, recovered and profitability improved. In addition, the woody biomass power plant operated smoothly.」
In the seawater-derived business, performance expanded despite the impact of higher raw-material prices and ocean freight rates, supported by a recovery in magnesia demand, improved profitability, and stable operation of the wood biomass power plant. - FY2021AchievedAnnual report
「The share exchange was carried out by the company through the simplified share exchange procedure under Article 796, paragraph 2 of the Companies Act, without obtaining approval by resolution of the company's general meeting of shareholders. At 日本海水, it was carried out after approval at a general meeting of shareholders by written resolution under Article 319 of the Companies Act on 17 March 2021, with 26 March 2021 as the effective date.」
The full acquisition of 日本海水 progressed from the contractual and planned stage described in the previous filing to the completed implementation stage, with the transaction taking effect on 26 March 2021. - FY2021-Q3AdvancedAnnual report
「Orders for water treatment facilities and sewer pipe rehabilitation for local governments also increased. At a meeting of the Board of Directors held on 10 February 2021, the company resolved to conduct a share exchange under which the company would become the wholly owning parent company and its consolidated subsidiary ㈱日本海水 (hereinafter, “日本海水”) would become the wholly owned subsidiary (the “Share Exchange”), and on the same date entered into a share exchange agreement between the two companies (the “Share Exchange Agreement”). The Share Exchange was scheduled to be conducted by the company through a simplified share exchange procedure under Article 796, Paragraph 2 of the Companies Act, without approval by a resolution of the company's general meeting of shareholders. 日本海水 was scheduled to obtain approval at its general meeting of shareholders by written resolution under Article 319 of the Companies Act by 17 March 2021, with the Share Exchange taking effect on 26 March 2021.」
In the Seawater Company, orders increased for water treatment facilities and sewer pipe rehabilitation for local governments. In addition, the company signed an agreement to make 日本海水 a wholly owned subsidiary through a share exchange, with the transaction scheduled to take effect on 26 March 2021. The organizational foundation for creating new products and businesses derived from seawater and accelerating integrated operations within the Group was strengthened. - FY2021-Q2AdvancedAnnual report
「Orders for water treatment facilities and sewer pipe rehabilitation from local governments also increased.」
In the water-environment field of the Seawater Company, the company reported an increase in orders for water treatment facilities and sewer pipe rehabilitation for local governments. - FY2020First statedAnnual report
「In April last year, the company established the Sea Water Company as an organization overseeing Nihonkai Suisan Co., Ltd., Japan's leading domestic salt producer, and Tateho Chemical Industries Co., Ltd., a manufacturer of industrial magnesia products, and is promoting the expansion of businesses derived from seawater.」
The company newly established the Seawater Company, which oversees 日本海水 and タテホ化学工業, and identified expansion of seawater-derived businesses, water treatment, water and sewerage infrastructure renewal and renewable energy as new organizational themes.