Developing new products

「In fiscal 163, the Company completed development of a new low-NOx gas burner capable of burning city gas and hydrogen, as well as field testing of the AI system “Prome Teacher.” For the recycled heavy-oil co-firing burner developed to qualify for subsidies, the Company also began commercial operation using mixed combustion combining multiple types of gas and liquid fuels,」

「In the asphalt plant-related business, the Company developed and launched sales of the new VPⅥ-Clover model in the Value Pack series, which was the first asphalt plant in Japan to adopt a unit construction method and exterior materials offering sound absorption and insulation effects. In addition, to achieve decarbonization of the Company's products by 2050, the Company is developing burners that use ammonia and hydrogen, which are currently attracting attention across industries as decarbonized fuels, for heating and drying aggregates. For the hydrogen-fuel burner in particular, although testing was conducted on a small scale, the Company carried out production tests for asphalt mixtures and demonstrated that, from a technical standpoint, asphalt mixtures can be produced using hydrogen fuel.」

「In the asphalt plant-related business, the Company completed development of the carbonized-fuel burner, which had been under development since the year before last. To promote its implementation in society, the Company aims to build a regional circular society using biomass fuels suited to the characteristics of each region, rather than limiting its use to carbonized fuel and instead leveraging the burner's combustion characteristics. In addition, to promote overseas expansion centered on Thailand, the Company developed the new CBD120 asphalt plant for overseas markets, with specifications and costs designed to meet local needs. An exhibition of the actual product is scheduled to be held by the Thai subsidiary this autumn, after which sales will begin in Thailand and the ASEAN region. R&D expenses for this business were ¥212 million.」

「In the asphalt plant-related business, the Company is developing carbonized-fuel burners to contribute to the creation of a regional circular society. By leveraging the characteristics of asphalt plants installed in locations suited to each region, the Company will contribute to building an energy-circulation society within each region. The Company is also developing asphalt foamed equipment to reduce the heating temperature of asphalt mixtures and will provide technology that further reduces energy consumption during mixture production.」

「Against this backdrop, the Group adopted a customer-first management philosophy and worked to increase earnings and strengthen its corporate structure based on the following basic policies: developing new products; establishing new sales strategies by strengthening sales capabilities and reinforcing the maintenance business; strengthening overseas operations; and improving design technology and production skills to enhance product competitiveness.」

「The Company's basic policy is to promote initiatives to enhance its brand and become a manufacturer truly trusted by customers, with continuous implementation of initiatives focused on changing the mindset of all employees, technological innovation for further product advancement, and new product development.」

「To create new product value by integrating the core technologies and strengths of each business, the Company will continue developing transport and environmental products compatible with a wide range of materials, strengthen its engineering capabilities in areas such as crushing technology, acquire high-temperature processing technologies, and promote product development, thereby expanding its operations with the aim of becoming a comprehensive thermal-processing manufacturer for new markets.」