Expanding sales of replacement parts and developing new customers
First written in FY2016. 13 of 18 entries say "Advanced", first in FY2017-Q3. Latest entry: 2026-10-27.
No other company in this theme has enough history to compare yet.
- FY2021-Q3AdvancedAnnual report
「Valve & Actuator orders decreased 3.0% year on year, as increases in water and sewage infrastructure, oil and gas, chemical, and aftermarket parts were more than offset by a sharp decline in nuclear power plants.」
Aftermarket parts were cited as a driver of the increase in orders. Total Valve & Actuator orders decreased 3.0% year on year due to the decline in nuclear power plants. - FY2021-Q2AdvancedAnnual report
「Valve & Actuator orders decreased 6.7% year on year, as increases in thermal power plants, water and sewage infrastructure, oil and gas, chemical, and aftermarket parts were more than offset by a sharp decline in nuclear power plants.」
Aftermarket parts were cited as a driver of the increase in Valve & Actuator orders, confirming performance related to aftermarket parts expansion. However, total orders for the business decreased 6.7% due to the decline in nuclear power plants. - FY2021-Q1AdvancedAnnual report
「Valve & Actuator orders increased 14.9% year on year, as increases in thermal power plants, water and sewage infrastructure, and repair and modification parts for oil and gas more than offset declines in steel and nuclear power plants. Net sales increased 16.9% year on year, as increases in oil and gas, capital investment in chemical facilities, the installation of large emergency shutoff gates for water and sewage infrastructure, and restoration projects following typhoon damage more than offset a decline in nuclear power plants.」
Increases in repair and modification parts drove the increase in Valve & Actuator orders, which rose 14.9%. - FY2020-Q3AdvancedAnnual report
「Valve & Actuator orders decreased 1.8% year on year, as increases in equipment for specified severe accident response facilities at nuclear power plants and repair and modification parts for oil and gas were more than offset by a decline in thermal power plants. Net sales increased 15.5% year on year, as increases in equipment for specified severe accident response facilities at nuclear power plants, large emergency shutoff gate equipment for water and sewage infrastructure, and repair and modification parts for oil and gas more than offset a decline in thermal power plants.」
Repair and modification parts and other items for oil and gas drove the increase in orders, while Valve & Actuator sales increased 15.5% year on year. Total orders decreased 1.8% due to a decline in thermal power plants. - FY2020-Q2AdvancedAnnual report
「Valve & Actuator orders increased 12.0% year on year, as increases in equipment for specified severe accident response facilities at nuclear power plants and repair and modification parts for oil and gas more than offset a decline in thermal power plants.」
Repair and modification parts for oil and gas were cited as a driver of the increase in Valve & Actuator orders, confirming performance related to aftermarket parts expansion. - FY2020-Q1AdvancedAnnual report
「Valve & Control orders increased 13.4% year on year, as increases in new equipment for emergency measures at nuclear power plants and repair and modification parts for oil and gas more than offset declines in thermal power plants and water and sewage infrastructure. Net sales increased 42.3% year on year, as increases in parts for work to modify dual power-supply systems at nuclear power plants and the installation of large emergency shutoff gates for water and sewage infrastructure more than offset a decline in chemical plants.」
Repair and modification parts were cited as a driver of the increase in Valve & Control orders, making a specific contribution to increases in orders and sales. - FY2019AdvancedAnnual report
「Valve & Control orders increased 29.0% from the previous fiscal year, as increases in oil and gas, water and sewage infrastructure, and aftermarket parts and other items more than offset declines in power and exports. Net sales increased 18.7%, as increases in thermal power plants and aftermarket parts and other items more than offset declines in water and sewage infrastructure, exports, and oil and gas.」
Increases in aftermarket parts and other items were cited as drivers of the increase in Valve & Control orders and sales, and performance related to aftermarket parts expansion recovered from the decline in the previous fiscal year. - FY2019-Q3AdvancedAnnual report
「In the Gear and Gear Devices business, Valve & Control orders increased 23.9% year on year, as increases in thermal power plants, oil, steel, marine, nuclear power plants, and aftermarket parts more than offset a decline in exports. Net sales increased 9.8%, as increases in thermal power plants, chemical, marine, and aftermarket parts more than offset declines in oil, water and sewage infrastructure, nuclear power plants, and exports.」
Aftermarket parts were cited as drivers of the increase in Valve & Control orders and sales, and the recovery in aftermarket parts performance, which had declined in the previous fiscal year, is continuing. - FY2019-Q2AdvancedAnnual report
「Orders for Valve & Control increased 8.1% year on year, as increases in oil, chemical, water and sewage infrastructure, steel, marine, nuclear power plants, and aftermarket parts more than offset a decline in thermal power plants. Net sales increased 2.9%, as increases in thermal power plants, chemical, marine, and nuclear power plants more than offset declines in oil, water and sewage infrastructure, and steel.」
Aftermarket parts were cited as a driver of the increase in Valve & Control orders, and the recovery in aftermarket parts performance, which had declined in the previous fiscal year, is continuing. - FY2019-Q1Recovery in aftermarket parts performanceAnnual report
「Orders for Valve & Control decreased 15.4% year on year, as increases in steel, marine, chemical, water and sewage infrastructure, and aftermarket parts were more than offset by declines in thermal power plants, nuclear power plants, oil, and exports. Net sales decreased 21.4%, as increases in chemical and aftermarket parts were more than offset by declines in thermal power plants, nuclear power plants, steel, exports, and oil.」
Aftermarket parts, which had declined in the previous fiscal year, were cited as a growth driver in orders and sales for the quarter. However, orders and sales for Valve & Control as a whole both declined. - FY2018Aftermarket parts decline extends to the full yearAnnual report
「Orders for Valve & Control decreased 9.8% from the previous fiscal year, as increases in exports and water and sewage infrastructure were more than offset by declines in aftermarket parts, thermal power plants, and nuclear power plants. Net sales decreased 27.6%, as an increase in water and sewage infrastructure was more than offset by declines in aftermarket parts, exports, and thermal power plants.」
The decline in aftermarket parts orders and sales was confirmed not only for the quarter but also for the full year, and aftermarket parts expansion remains weak. - FY2018-Q3Continued decline in aftermarket partsAnnual report
「Orders for Valve & Control decreased 6.0% year on year, as increases in exports and water and sewage infrastructure were more than offset by declines in thermal power plants, nuclear power plants, steel, marine, and aftermarket parts. Net sales decreased 30.2% year on year, as increases in nuclear power plants, water and sewage infrastructure, and marine were more than offset by declines in thermal power plants, exports, oil, steel, and aftermarket parts.」
The decline in orders and sales of aftermarket parts was noted again following the first quarter, while the aftermarket parts expansion that had been cited as a growth driver through the previous fiscal year remains weak. - FY2018-Q1Decline in replacement-parts performanceAnnual report
「Valve-control order intake decreased 23.4% year on year despite increases in thermal and nuclear power plants, exports, water and sewerage, and oil, as steel, marine vessels, chemicals, and replacement parts declined. Sales decreased 22.8% year on year despite increases in water and sewerage, steel, marine vessels, and chemicals, as thermal and nuclear power plants, exports, oil, and replacement parts declined.」
Replacement-parts order intake and sales declined, weakening the results of expanding replacement-parts sales, which had been cited as a growth driver through the previous fiscal year. - FY2017AdvancedAnnual report
「Valve-control order intake increased 0.5% from the previous fiscal year despite declines in thermal power plants, exports, water and sewerage, and oil, owing to increases in nuclear power plants, steel, marine vessels, and replacement parts. Sales increased 11.2% from the previous fiscal year despite declines in nuclear power plants, exports, and marine vessels, owing to increases in thermal power plants, water and sewerage, steel, and replacement parts.」
The company states that increased sales of replacement parts and other products contributed to higher valve-control order intake and sales, confirming progress related to the expansion of replacement-parts sales in the full-year results. - FY2017-Q3AdvancedAnnual report
「Valve-control order intake increased 11.7% year on year despite declines in exports and demand from the water and sewerage, and oil sectors, owing to increases in thermal and nuclear power plants, steel, and replacement parts. Sales increased 10.1% year on year despite declines in nuclear power plants, exports, water and sewerage, and marine vessels, owing to increases in thermal power plants, oil, steel, and replacement parts.」
The company states that increased replacement-parts sales contributed to higher valve-control order intake and sales, indicating concrete progress related to the initiative to expand replacement-parts sales. - FY2016First statedAnnual report
「For other speed reducers and increasers, we will strengthen cooperation with the construction business and work to expand sales of replacement parts and develop new customers.」
The company plans to expand replacement-parts sales and develop new customers by strengthening cooperation with the construction business.