Expansion from Regional Decontamination into Fukushima Daiichi Nuclear Power Station-Related Operations
First written in FY2016-Q3. 12 of 27 entries say "Advanced", first in FY2017. Latest entry: FY2025.
3 other companies' latest entry also says "Advanced".
- FY2025AdvancedAnnual report
「The Company’s subsidiary TVEリファインメタル株式会社, established to achieve this, was selected by the Agency for Natural Resources and Energy as an indirect subsidy recipient under the “Nuclear Industry Base Strengthening Project Subsidy Program.” It acquired metal-melting technology for clearance metals and is undertaking initiatives to promote public understanding of clearance metals.」
Following its selection as a subsidy recipient, the Refined Metals Business progressed to the stage of acquiring clearance-metal-melting technology and undertaking public-understanding initiatives. The Company explained, however, that a contribution to earnings would still take time. - FY2024AdvancedAnnual report
「TVEリファインメタル株式会社 used the Agency for Natural Resources and Energy’s “Nuclear Industry Base Strengthening Project Subsidy Program” to develop mobile metal-melting equipment and advance the production of clearance-metal ingots at nuclear power plants using that equipment. It also succeeded in manufacturing and delivering valves for nuclear power plants.」
The Refined Metals Business advanced the development of mobile metal-melting equipment using subsidies and the production of ingots at nuclear power plants, and achieved the manufacture and delivery of valves for nuclear power plants. The results of these initiatives emerged as actual projects and revenue. - FY2024-Q1RestatedAnnual report
「Under these circumstances, in Medium-Term Management Plan 2023 disclosed on 10 November 2023, the company has been advancing its business strategy by deepening its existing valve and steelmaking businesses, developing the Refine Metal business, which uses metal waste from decommissioned nuclear power plants as recycled raw materials, developing valves used in power generation with hydrogen, and expanding its business scope through cooperation with its subsidiary Taiyo Dengi Co., Ltd., which operates the electrical equipment-related business.」
The Company expressly included the Refined Metals Business in the business strategy of its Medium-Term Management Plan 2023 and continues its policy of using metal waste from decommissioned nuclear power plants as recycled raw material. - FY2023-Q3Continued decline in revenue from the Refined Metals BusinessAnnual report
「Refined Metals Business 101 84 △16.8」
Revenue from the Refined Metals Business decreased 16.8% from ¥101 million in the same period of the previous year to ¥84 million. The decommissioning and clearance-metal-related business is continuing, but the decline in revenue has continued. - FY2023-Q2Decline in revenue from the Refined Metals BusinessAnnual report
「Refined Metals Business 64 52 △19.2」
Revenue from the Refined Metals Business decreased 19.2% from ¥64 million in the same period of the previous year to ¥52 million. The decommissioning and clearance-metal-related business is continuing, but revenue for the current quarter was below the same period of the previous year. - FY2022-Q3RestatedAnnual report
「With regard to 東亜クリエイト株式会社, which previously handled the decontamination business, the Company is shifting its focus from local residential decontamination to entering the local infrastructure development business, while aiming to contribute to regional reconstruction through a new entry into the housing industry.」
The Company continued its policy for the regional reconstruction business of shifting its focus from local residential decontamination to local infrastructure development and further to entry into the housing industry. - FY2022-Q2RestatedAnnual report
「With regard to 東亜クリエイト株式会社, which previously handled the decontamination business, the Company is shifting its focus from local residential decontamination to entering the local infrastructure development business, while aiming to contribute to regional reconstruction through a new entry into the housing industry.」
The Company reaffirmed its policy for the regional reconstruction business of shifting its focus from local residential decontamination to local infrastructure development and entry into the housing industry. - FY2022-Q1ReframedAnnual report
「With regard to 東亜クリエイト株式会社, which previously handled the decontamination business, the Company is shifting its focus from local residential decontamination to entering the local infrastructure development business, while aiming to contribute to regional reconstruction through a new entry into the housing industry.」
The Company reorganized its policy for developing the regional reconstruction business, shifting its focus from local residential decontamination to the local infrastructure development business and further aiming to enter the housing industry. - FY2021AdvancedAnnual report
「Other Refined Metals Business 32 333 —」
Revenue from the Refined Metals Business increased from ¥32 million in the previous year to ¥333 million. The decommissioning and clearance-metal-related business progressed from a stage focused primarily on information gathering to a stage of expanding revenue. - FY2021-Q3AdvancedAnnual report
「Refined Metals Business 11 267 —」
Revenue from the decommissioning-related Refined Metals Business increased from ¥11 million in the same period of the previous year to ¥267 million. The decommissioning and clearance-metal-related business progressed from the information-gathering stage to a stage of expanding revenue. - FY2021-Q2AdvancedAnnual report
「Refined Metals Business 9 244 —」
Revenue from the decommissioning-related Refined Metals Business increased from ¥9 million in the same period of the previous year to ¥244 million. Following the establishment of the subsidiary, the business progressed from the information-gathering stage to a stage of expanding revenue generation. - FY2021-Q1AdvancedAnnual report
「Refined Metals Business — 49」
The Refined Metals Business, which handles the decommissioning-related business, progressed from no revenue in the same quarter of the previous year to recording revenue of approximately ¥49.85 million in the current quarter. - FY2020AdvancedAnnual report
「To achieve this, the Company established a new subsidiary during the current consolidated fiscal year and promptly obtained selection as an indirect subsidy recipient under the “Nuclear Industry Base Strengthening Project Subsidy” administered by the Agency for Natural Resources and Energy. It will be several years before recyclable metals are actually generated by nuclear power plants. Although commercialization and a contribution to earnings will therefore take some time, the Company intends to establish an early-mover advantage by announcing its entry at an early stage and prepare for the business to move into full-scale operations.」
Following the establishment of a subsidiary for the decommissioning and clearance-metal recycling business, the Company obtained selection as a subsidy recipient. Full-year revenue was ¥32 million, and the Company explained that commercialization and a contribution to earnings would be several years away. - FY2020-Q3AdvancedAnnual report
「On 1 October 2019, the first day of the cumulative first quarter of the consolidated fiscal year, the Company established TVEリファインメタル株式会社 as a subsidiary, with the aim of making a full-scale entry into the decommissioning-related business. At present, the subsidiary is primarily engaged in information gathering. Its results are included in “Other,” a business segment not included in the reportable segments. For the cumulative third quarter of the current consolidated fiscal year, it recorded revenue of ¥11 million and a segment loss of ¥25 million.」
The subsidiary engaged in the decommissioning-related business continued its activities at the information-gathering stage, and revenue from the Refined Metals Business was ¥11 million. - FY2020-Q2AdvancedAnnual report
「On 1 October 2019, during the three-month period ended in the first quarter, the company established TVEリファインメタル株式会社 as a subsidiary with the aim of making a full-scale entry into decommissioning-related business. At present, its activities are focused mainly on information gathering. The company's results are included in Other, a business segment not included in the reporting segments, and during the three-month period ended in the second quarter, it recorded revenue of ¥9 million and a segment loss of ¥15 million.」
The subsidiary responsible for decommissioning-related business progressed from the information-gathering stage to the revenue recognition stage, generating ¥9 million in revenue from the Refine Metal business. However, the segment posted a loss of ¥15 million. - FY2020-Q1AdvancedAnnual report
「On 1 October 2019, during the three-month period ended in the first quarter, the company established TVEリファインメタル株式会社 as a subsidiary with the aim of making a full-scale entry into decommissioning-related business. At present, its activities are focused mainly on information gathering, and it has not generated operating revenue.」
The company established a subsidiary to make a full-scale entry into decommissioning-related business and began operations within the scope of consolidation. At this stage, activities are focused mainly on information gathering, and operating revenue has not yet been generated. - FY2019AdvancedAnnual report
「The group is establishing a business to use its accumulated expertise in construction work associated with the decommissioning of nuclear power plants and in the clearance metals generated thereby. The purpose is to operate a Refine Metal business centered on recycling clearance metals, including the manufacture of cast-steel valve components, ingot production and storage.」
Established TVEリファインメタル株式会社 on 1 October 2019, primarily to undertake decommissioning and clearance-metal recycling, advancing its entry into the decommissioning field to the establishment of a dedicated subsidiary. - FY2019-Q3RestatedAnnual report
「In the decontamination business, as regional decontamination-related projects have declined year after year, the company has sought to maintain the scale of its business by shifting its focus to management services for reconstruction-related facilities and radiation control services, but performance has remained sluggish.」
In response to the decline in regional decontamination projects, the company continues to pursue a policy of maintaining the scale of its business by shifting its focus to management services for reconstruction-related facilities and radiation control services. - FY2019-Q2RestatedAnnual report
「In the decontamination business, as regional decontamination-related projects have declined year after year, the company has sought to maintain the scale of its business by shifting its focus to management services for reconstruction-related facilities and radiation control services, but performance has remained sluggish.」
In response to the decline in regional decontamination projects, the company continues to pursue a policy of maintaining the scale of its business by shifting its focus to management services for reconstruction-related facilities and radiation control services. - FY2019-Q1RestatedAnnual report
「As regional decontamination-related projects have declined year after year, the company has sought to maintain the scale of its business by shifting its focus to management services for reconstruction-related facilities and radiation control services, but」
The company reaffirmed its policy of maintaining the scale of its business by shifting its focus from regional decontamination to management services for reconstruction-related facilities and radiation control services. - FY2018RaisedAnnual report
「Kansai Electric Power Company, Incorporated, one of the group's major customers, has also decided to decommission 4 units at 2 nuclear power plants. The company intends to secure a certain position in response to the expected start of decommissioning projects and link this to future earnings growth.」
In addition to entering the Fukushima Daiichi Nuclear Power Plant decommissioning business, the company stated a policy of seeking to secure a certain position in the decommissioning projects for 4 units at 2 nuclear power plants operated by Kansai Electric Power, broadening the scope of its decommissioning activities. - FY2017AdvancedAnnual report
「Revenue increased 15.7% year on year to ¥632 million and segment profit rose 37.9% to ¥70 million, resulting in higher revenue and profit, as the number of reconstruction-related projects increased, including radiation control for waste-volume-reduction facilities and interim storage facilities arising from regional decontamination.」
In addition to regional decontamination, the company actually expanded reconstruction-related projects, including radiation control for waste-volume-reduction and interim storage facilities. At the same time, its policy of entering Fukushima Daiichi Nuclear Power Plant decommissioning and Mihama Nuclear Power Plant decommissioning-related business became more concrete. - FY2017-Q3RestatedAnnual report
「In the decontamination business, large-scale projects have declined as evacuation orders in affected areas have gradually been lifted. Thus far, however, revenue was ¥505 million, up 37.1% year on year, and segment profit was ¥63 million, up 167.5%, resulting in higher revenue and profit. As the scale of the segment's business is trending downward, the company plans to strengthen its efforts in Fukushima nuclear power plant decommissioning-related business going forward.」
The company reaffirmed its policy of strengthening its efforts in Fukushima nuclear power plant decommissioning-related business in light of the declining scale of the decontamination business. - FY2017-Q2RaisedAnnual report
「However, the overall scale of the segment's business is trending downward, and the company plans to strengthen its efforts in Fukushima nuclear power plant decommissioning-related business going forward.」
In light of the declining scale of the regional decontamination business, the company clearly stated its policy of strengthening its efforts in Fukushima Daiichi Nuclear Power Plant decommissioning-related business. - FY2017-Q1RestatedAnnual report
「In addition, the company is making every effort to offset the decline in valve business revenue by strengthening external sales in the steelmaking business and expanding the decontamination business from regional decontamination to Fukushima Daiichi Nuclear Power Plant-related business.」
The company continues to pursue a policy of offsetting the decline in valve business revenue by expanding from regional decontamination to Fukushima Daiichi Nuclear Power Plant-related business. No stage of achievement for the new business expansion was reported. - FY2016RestatedAnnual report
「The company aims to use the radiation control expertise developed through its nuclear power plant valve maintenance business, with decontamination of areas contaminated by radiation from the Fukushima Daiichi Nuclear Power Plant accident as a starting point for developing and expanding into future nuclear power plant decommissioning-related work.」
The company continues to pursue a policy of expanding from regional decontamination into Fukushima Daiichi Nuclear Power Plant-related and decommissioning work. - FY2016-Q3First statedAnnual report
「In the decontamination business, the company is making every effort to offset the decline in valve business revenue by expanding its business scope from regional decontamination to Fukushima Daiichi Nuclear Power Plant-related business.」
In light of the decline in regional decontamination projects, the company has outlined a policy of expanding its business scope into Fukushima Daiichi Nuclear Power Plant-related business to offset the decline in valve business revenue.