Disappearance of periodic inspection projects for nuclear power plants following the Fukushima Daiichi accident
First written in FY2016-Q3. 22 of 33 entries say "Mitigated", first in FY2017-Q1. Latest entry: 2026-05-11.
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- 2026-05-11MitigatedResults
「原子力発電所定期検査工事 909 1,325 45.7」
原発定期検査工事の売上高が前年同期比45.7％増となり、案件途絶リスクはさらに緩和された。 - FY2025-H1Decline in periodic inspection revenueAnnual report
「Nuclear plant periodic inspection work 1,293 909 △29.7」
Periodic inspection work continued and was completed at multiple nuclear plants, with revenue recognized, but revenue decreased 29.7% from ¥1,293 million in the same period of the previous year to ¥909 million. This was not a drying-up of projects, but the scale of monetization declined. - FY2024MitigatedAnnual report
「Periodic inspection work was completed and revenue recognized at multiple nuclear plants, including Kansai Electric Power's Takahama, Ohi and Mihama plants and Kyushu Electric Power's Genkai and Sendai plants.」
Periodic inspection work at multiple nuclear plants was completed and revenue recognized, further mitigating the situation in which nuclear plant periodic inspection projects had dried up. Revenue from periodic inspection work increased 110.6% year on year. - FY2024-Q2MitigatedAnnual report
「Nuclear plant periodic inspection work 647 1,293 99.8」
Revenue from nuclear plant periodic inspection work increased 99.8% year on year, from ¥647 million in the same period of the previous year to ¥1,293 million. The risk that periodic inspection projects would dry up remained mitigated. As this does not indicate that the risk has materialized, materialized was set to false. - FY2024-Q1MitigatedAnnual report
「Nuclear plant periodic inspection work 190 651 242.4」
Revenue from nuclear plant periodic inspection work increased 242.4% year on year, from ¥190 million in the same period of the previous year to ¥651 million. The risk that periodic inspection projects would dry up remained mitigated. - FY2023-Q3MitigatedAnnual report
「Nuclear plant periodic inspection work 402 956 137.7」
Revenue from nuclear plant periodic inspection work increased 137.7% year on year, from ¥402 million in the same period of the previous year to ¥956 million. The risk that periodic inspection projects would dry up remained mitigated. - FY2023-Q2MitigatedAnnual report
「Against this backdrop, during the six-month period of the second quarter of the fiscal year under review, the valve business, our core business, recorded revenue from periodic inspection work at Kansai Electric Power's Oi Nuclear Power Plant Unit 3 and Takahama Nuclear Power Plant Unit 4, as well as Kyushu Electric Power's Genkai Nuclear Power Plant Units 3 and 4, among other projects.」
Revenue was recognized for the periodic inspection work at Units 3 and 4 of the Ohi, Takahama and Genkai nuclear power plants, further mitigating the risk that nuclear plant periodic inspection projects would dry up. Revenue from nuclear plant periodic inspection work increased 60.9% to ¥647 million from ¥402 million in the same period of the previous year. - FY2023-Q1MitigatedAnnual report
「Nuclear power plant periodic inspection work 98 190 93.9」
Revenue from nuclear power plant periodic inspection work increased 93.9% from ¥98 million in the same period of the previous year to ¥190 million, mitigating the risk that periodic inspection projects would disappear during the quarter. - FY2022-Q3WorsenedAnnual report
「Periodic inspection work at nuclear power plants」
Revenue from nuclear power plant periodic inspection work fell from ¥1,407 million in the same period of the previous year to ¥402 million, a 71.4% year-on-year decline. Although the projects continued, earnings generation from periodic inspection projects weakened significantly. - FY2022-Q2WorsenedAnnual report
「Nuclear power plant periodic inspection work 771 402 △47.9」
Revenue from nuclear power plant periodic inspection work fell 47.9% from ¥771 million in the same period of the previous year to ¥402 million. Although the projects continued, earnings generation from periodic inspection projects weakened significantly. - FY2022-Q1WorsenedAnnual report
「Nuclear power plant periodic inspection work 146 98 △33.2」
Revenue from nuclear power plant periodic inspection work fell 33.2% from ¥146 million in the same period of the previous year to ¥98 million. Although the projects continued, earnings generation from periodic inspection projects weakened from the same period of the previous year. - FY2021MitigatedAnnual report
「Nuclear power plant periodic inspection work 1,031 1,724 67.1」
Revenue from nuclear power plant periodic inspection work increased from ¥1,031 million in the previous year to ¥1,724 million, up 67.1% year on year. The risk that projects would disappear was further mitigated. - FY2021-Q3MitigatedAnnual report
「Periodic inspection work at Kyushu Electric Power's Sendai Nuclear Power Plant Units 1 and 2, Genkai Nuclear Power Plant Units 3 and 4, and Kansai Electric Power's Takahama Nuclear Power Plant Units 3 and 4 was completed and recorded as revenue, while nuclear-related sales also increased.」
Periodic inspection work at several units at Sendai, Genkai and Takahama was completed and recorded as revenue, further alleviating the disappearance of nuclear power plant periodic inspection projects. Revenue from periodic inspection work increased 36.4% year on year to ¥1,407 million. - FY2021-Q2MitigatedAnnual report
「Nuclear power plant periodic inspection work 1,005 771 △23.3」
Revenue from periodic inspection work fell 23.3% from ¥1,005 million in the same period of the previous year to ¥771 million. However, work was completed and revenue was recorded for several units at Sendai and Genkai, so the situation remained further removed from one in which projects had disappeared. - FY2021-Q1WorsenedAnnual report
「Nuclear power plant periodic inspection work 551 146 △73.4」
Revenue from nuclear power plant periodic inspection work fell 73.4% from ¥551 million in the same period of the previous year to ¥146 million. The projects themselves continued, but earnings generation from periodic inspection projects weakened significantly. - FY2020MitigatedAnnual report
「Periodic inspection work at Kansai Electric Power's Oi Nuclear Power Plant Unit 4 and Takahama Nuclear Power Plant Unit 4, Kyushu Electric Power's Genkai Nuclear Power Plant Unit 4 and Sendai Nuclear Power Plant Units 1 and 2 was completed and recorded as revenue. Other equipment work at Kansai Electric Power's Mihama Nuclear Power Plant and Shikoku Electric Power's Ikata Nuclear Power Plant also generated revenue. Nuclear-related sales were substantial, resulting in revenue above the previous consolidated fiscal year.」
Periodic inspection work at several units was completed and recorded as revenue, further alleviating the disappearance of nuclear power plant periodic inspection projects. Revenue from nuclear power plant periodic inspection work was ¥1,031 million, up 15.3% from the same period of the previous year. - FY2020-Q3MitigatedAnnual report
「Nuclear power plant periodic inspection work 396 1,031 160.0」
Revenue from nuclear power plant periodic inspection work increased 160.0% from ¥396 million in the same period of the previous year to ¥1,031 million. Work was completed and revenue was recorded for several units, further mitigating the risk that projects would disappear. - FY2020-Q2MitigatedAnnual report
「Periodic inspection work at Kansai Electric Power's Oi Nuclear Power Plant Unit 4 and Takahama Nuclear Power Plant Unit 4, Kyushu Electric Power's Genkai Nuclear Power Plant Unit 4 and Sendai Nuclear Power Plant Units 1 and 2 was completed and recorded as revenue, among other projects,」
Periodic inspection work at several nuclear power plants was completed and recorded as revenue, further alleviating the disappearance of periodic inspection projects. - FY2020-Q1MitigatedAnnual report
「Periodic inspection work at Kansai Electric Power's Oi Nuclear Power Plant Unit 4, Kyushu Electric Power's Genkai Nuclear Power Plant Unit 4 and Sendai Nuclear Power Plant Unit 1 was completed and recorded as revenue, in addition to sales of valve products related to SSARFs,」
Periodic inspection work on several projects was completed and recorded as revenue, further alleviating the disappearance of periodic inspection projects. - FY2019MitigatedAnnual report
「During the current fiscal year, we completed periodic inspections and recognized revenue at Kansai Electric Power's Takahama Nuclear Power Station Unit 3, Kansai Electric Power's Oi Nuclear Power Station Unit 3 and Kyushu Electric Power's Genkai Nuclear Power Station Unit 3. Revenue from valve products for restart preparations and safety measures at nuclear power plants also increased substantially, resulting in higher nuclear power-related earnings than in the previous consolidated fiscal year.」
Periodic inspection work at several nuclear power plants was completed and recorded as revenue, further moving the business away from a situation in which periodic inspection projects had disappeared. However, revenue from nuclear power plant periodic inspection work itself declined 32.9% year on year, indicating that earnings recovery has not been uniform. - FY2019-Q3Projects continued, but revenue declinedAnnual report
「Nuclear power plant periodic inspection work 808 396 △51.0」
Periodic inspection work at Takahama Nuclear Power Plant Unit 3 was recorded as revenue, while work at Oi Unit 3 and Genkai Unit 3 was under way. At the same time, revenue from nuclear power plant periodic inspection work fell 51.0% from ¥808 million in the same period of the previous year to ¥396 million. The state in which projects had disappeared has been resolved, but the weakness of earnings recovery was reflected in the figures. - FY2019-Q2MitigatedAnnual report
「Periodic inspection work for Kansai Electric Power's Takahama Nuclear Power Plant Unit 3 was completed and recorded as revenue, while the proportion of nuclear-related sales in valve products increased,」
Regarding the risk that nuclear power plant periodic inspection projects would disappear, periodic inspection work at Takahama Nuclear Power Plant Unit 3 was completed and recorded as revenue, advancing the conversion of projects into earnings. - FY2019-Q1MitigatedAnnual report
「Periodic inspection work for Kansai Electric Power's Takahama Nuclear Power Plant Unit 3 was completed and recorded as revenue, while the proportion of nuclear-related sales also increased in valve products,」
The completion and revenue recognition of periodic inspection work at Takahama Nuclear Power Plant Unit 3 further alleviated the disappearance of nuclear power plant periodic inspection projects. - FY2018MitigatedAnnual report
「Periodic inspection work was recorded as revenue for Kansai Electric Power's Takahama Nuclear Power Plant Unit 4, Kyushu Electric Power's Sendai Nuclear Power Plant Units 1 and 2, and Shikoku Electric Power's Ikata Nuclear Power Plant Unit 3.」
Periodic inspection work at several nuclear power plants was actually recorded as revenue, limiting the decline in revenue from nuclear power plant periodic inspection work to 0.6% year on year at ¥1,332 million. The situation in which projects had disappeared was further alleviated. - FY2018-Q3WorsenedAnnual report
「Nuclear power plant periodic inspection work 1,001 808 △19.2」
Revenue from nuclear power plant periodic inspection work fell 19.2% from ¥1,001 million in the same period of the previous year to ¥808 million, further weakening earnings recovery after the disappearance of projects. - FY2018-Q2WorsenedAnnual report
「Valve maintenance revenue declined, mainly because periodic inspection projects at nuclear power plants decreased,」
The decline in nuclear power plant periodic inspection projects emerged as a factor behind lower valve maintenance revenue, and earnings recovery from periodic inspection projects weakened further. Revenue from nuclear power plant periodic inspection work fell from ¥683 million in the same period of the previous year to ¥300 million. - FY2018-Q1WorsenedAnnual report
「The core valve business had no major revenue-generating projects. As a result of working mainly on projects whose delivery dates fell in or after the second quarter, including periodic inspection work at Shikoku Electric Power's Ikata Nuclear Power Plant Unit 3 and manufacturing valve products for thermal power plants in Indonesia and South Korea, revenue was extremely weak at ¥1,136 million, down 34.5% from the same period of the previous year.」
Although work was under way on periodic inspections at the Ikata Nuclear Power Plant, there were no major revenue-generating projects during the quarter, and revenue from nuclear power plant periodic inspection work fell from ¥158 million in the same period of the previous year to ¥19 million. Earnings recovery after the disappearance of projects remains limited. - FY2017MitigatedAnnual report
「Periodic inspection work for Kansai Electric Power's Takahama Nuclear Power Plant Unit 3, pre-restart inspection work for Unit 4, periodic inspection work for Kyushu Electric Power's Sendai Nuclear Power Plant Units 1 and 2, intermediate inspection work for Hokkaido Electric Power's Tomari Nuclear Power Plant Unit 3, and restart preparation work for Kansai Electric Power's Oi Nuclear Power Plant were carried out, among other projects. Nuclear-related sales accounted for just under half of valve business revenue,」
Periodic inspections, intermediate inspections and restart preparation work at nuclear power plants were carried out as annual projects, with nuclear-related sales accounting for just under half of valve business revenue. The risk that projects would disappear was further mitigated. - FY2017-Q3MitigatedAnnual report
「By reportable segment, as described above, the valve business carried out periodic inspection work for Kyushu Electric Power's Sendai Nuclear Power Plant, intermediate inspection work for Hokkaido Electric Power's Tomari Nuclear Power Plant Unit 3, and restart preparation work for Kansai Electric Power's Oi Nuclear Power Plant, among other projects. Nuclear-related sales accounted for just under half of valve business revenue,」
Periodic inspections at the Sendai Nuclear Power Plant, an intermediate inspection at the Tomari Nuclear Power Plant, and restart preparation work at the Oi Nuclear Power Plant were carried out. Nuclear-related sales accounted for just under half of valve business revenue, further alleviating the disappearance of periodic inspection projects. - FY2017-Q2MitigatedAnnual report
「By reportable segment, as described above, the valve business carried out periodic inspection work for Kyushu Electric Power's Sendai Nuclear Power Plant and restart preparation work for Kansai Electric Power's Oi and Takahama nuclear power plants. Nuclear-related sales reached nearly half of valve business revenue, while revenue from services, including valve maintenance, became the main component. As a result, revenue was ¥2,856 million, down 9.3% from the same period of the previous year, although segment profit increased 6.7%.」
Periodic inspection work at the Sendai Nuclear Power Plant and restart preparation work at the Oi and Takahama nuclear power plants were carried out, with nuclear-related sales reaching nearly half of valve business revenue. The situation in which periodic inspection projects had disappeared was further alleviated. - FY2017-Q1MitigatedAnnual report
「In the valve business, we have developed operations centered on periodic inspection work at Kyushu Electric Power's Sendai Nuclear Power Plant and Kansai Electric Power's Takahama Nuclear Power Plant, spot work to prepare for nuclear power plant restarts, and valve inspection work for thermal power plants.」
Although periodic inspection work was previously described as non-existent, periodic inspection work was carried out at the Sendai and Takahama nuclear power plants during the quarter, partially reducing the risk that projects would disappear. However, the view remains that it will take time for periodic inspections to make a full contribution to earnings. - FY2016WorsenedAnnual report
「Since the Fukushima Daiichi accident, delays in restarting nuclear power plants have left no periodic inspection projects for nuclear power plants, which form the earnings base,」
The situation was described more strongly as periodic inspection work being "non-existent," rather than simply a state in which "projects had ceased." - FY2016-Q3First statedAnnual report
「Since the accident at Tokyo Electric Power Company's Fukushima Daiichi Nuclear Power Plant caused by the tsunami from the Great East Japan Earthquake, periodic inspection projects for nuclear power plants, our main products, have ceased, forcing us to operate in an extremely challenging business environment.」
The disappearance of the Group's main nuclear power plant periodic inspection projects was described as a challenging business environment.