Conversion from coal-fired to high-efficiency gas-fired systems in China
First written in FY2016. 3 of 9 entries say "Restated". Latest entry: FY2022-Q3.
0 other companies' latest entry also says "Other".
- FY2022-Q3Growth slows amid China’s delayed environmental regulationsAnnual report
「In China, growth is slowing due to the impact of COVID-19 lockdowns, delays in environmental regulations, and a cautious approach to capital investment amid uncertainty in China-U.S. relations.」
The company explained that growth driven by demand for products such as high-efficiency gas-fired boilers to comply with environmental regulations is slowing due to delays in China’s environmental regulations and a cautious stance toward capital investment. - FY2020Temporary slowdown in demand from ChinaAnnual report
「We expect demand in China for replacing existing boilers with high-efficiency gas-fired boilers, as well as projects addressing environmental regulations, to slow temporarily.」
While replacement demand had increased against the backdrop of existing environmental regulations, the company expects demand in China to slow temporarily due to factors including the COVID-19 pandemic. - FY2019-Q2RestatedAnnual report
「The overseas equipment sales business reported higher revenue in China, as demand continued to increase for replacing coal-fired boilers with high-efficiency gas-fired boilers.」
The company explained that demand in China for replacing coal-fired systems with high-efficiency gas-fired systems continues to increase. - FY2019-Q1RestatedAnnual report
「In China, revenue increased as demand continued to grow for replacing coal-fired boilers with high-efficiency gas-fired boilers.」
The company explained that demand in China for replacing coal-fired systems with high-efficiency gas-fired systems continues to increase. - FY2018-Q3AdvancedAnnual report
「In China, from around April 2017, standards for nitrogen oxide (NOx) emissions were raised and enforcement of environmental regulations was strengthened in areas with serious air pollution. As a result, demand for replacing existing boilers with high-efficiency gas-fired boilers increased, and sales grew steadily.」
From around April 2017, NOx emission standards were raised and regulatory enforcement was strengthened in areas of China affected by severe air pollution, increasing demand for replacement with high-efficiency gas-fired boilers. - FY2018-Q2AdvancedAnnual report
「In China, environmental regulations were strengthened in areas with serious air pollution, and sales increased, mainly in the feed and corrugated cardboard industries, due to demand for replacing existing boilers with high-efficiency gas-fired boilers.」
Compared with the previous explanation that sales of high-efficiency gas-fired boilers were limited to a slight increase, the company now explains that replacement demand increased against the backdrop of tighter environmental regulations, driving sales growth mainly in the feed and corrugated cardboard industries. - FY2017-Q2Slower growth in ChinaAnnual report
「In China, where sales rose sharply last year, sales of high-efficiency gas-fired boilers were limited to a slight increase,」
The company explained that sales of high-efficiency gas-fired boilers in China increased, but following the sharp growth in the previous year, the increase was limited to a slight rise. - FY2017-Q1RestatedAnnual report
「In China, demand for replacing coal-fired boilers with high-efficiency gas-fired boilers remained firm as measures to address environmental issues continued.」
Demand in China for replacing coal-fired systems with high-efficiency gas-fired systems is described as remaining firm. - FY2016First statedAnnual report
「In China, the replacement of coal-fired boilers with high-efficiency gas-fired boilers has been advancing rapidly to address environmental issues,」
The company has indicated that the business environment is characterized by progress in fuel conversion for boilers, driven by China’s environmental initiatives.