Developing the LNG Valve Market
First written in FY2016. 10 of 14 entries say "Advanced", first in FY2017-Q1. Latest entry: FY2026.
1 other company's latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「Development of bellows-sealed semi-long cryogenic valves from 15A to 50A for LNG containers used in transportation has been completed. We received specific orders, completed manufacturing and reached the stage of awaiting shipment.」
For cryogenic valves for LNG containers used in transportation, development from 15A to 50A, order intake and manufacturing have been completed, and the products are awaiting shipment. - FY2025AdvancedAnnual report
「In the development of high-pressure valves for LNG-fueled vessels, demonstration operation of the 25A size at a customer plant ended successfully. Development through 50A is nearly complete, and inquiries for all sizes are currently under consideration.」
Demonstration operation of the 25A size at a customer plant ended successfully, development through 50A is nearly complete, and inquiries for all sizes have reached the evaluation stage. - FY2025-H1Year-on-year decline in cryogenic valve salesAnnual report
「This was because automotive steel valves and cryogenic valves declined year on year, while equipment valves, bulk equipment and cylinder valves increased.」
Cryogenic valves declined year on year. In contrast, equipment valves, bulk equipment and cylinder valves increased. - FY2024AdvancedAnnual report
「In the development of high-pressure valves for LNG-fueled vessels, sizes of 25A and below have been adopted at a demonstration plant. Development of sizes 40A and 50A is now nearly complete.」
For high-pressure valves for LNG-fueled vessels, sizes of 25A and below have been adopted at a demonstration plant, and development of sizes 40A and 50A has progressed to the point where completion is nearly in sight. - FY2022AdvancedAnnual report
「Valves used in the fuel supply units of LNG-fueled vessels had previously been used in small vessels such as tugboats. During the fiscal year, they were selected for the fuel units of large car carriers.」
LNG-fueled vessel valves expanded from use in small vessels to adoption in the fuel units of large car carriers. - FY2020AdvancedAnnual report
「For LNG-related valves, we expanded the range of products for LNG-fueled vessels, obtained various classification approvals and made deliveries. We continue to expand the range, including large-diameter valves. In response to customer needs for LNG valves, we also completed development and launched metal-seated products in addition to the conventional soft-touch valve structure using resin in the seat section.」
Products for LNG-fueled vessels progressed through lineup expansion, acquisition of various classification approvals and deliveries. The company also completed development and launched metal-seated products. - FY2019AdvancedAnnual report
「As a result, sales of cryogenic valves, including LNG valves, have doubled.」
The company explained that sales of cryogenic valves, including LNG valves, doubled as a result of new-customer development activities in the Setouchi and Suo region. - FY2019-Q2RestatedAnnual report
「LP gas bulk equipment and cryogenic valves each increased, as replacement demand for LP gas bulk equipment began to emerge and we pursued aggressive marketing centered on LNG.」
Sales of cryogenic valves have continued to increase as a result of aggressive marketing centered on LNG. - FY2019-Q1AdvancedAnnual report
「Although they account for a small share of sales, cryogenic valves, primarily LNG valves, increased substantially.」
Sales of cryogenic valves, primarily LNG valves, increased substantially in the first quarter, demonstrating progress in market development and sales expansion. - FY2018AdvancedAnnual report
「To establish a second core business alongside our LP gas valve business, we opened a new sales office in Hiroshima, centrally located in the Setouchi and Suo region, where chemical plants are concentrated and demand for cryogenic valves is strong, to conduct focused new-customer development in the region as we expand our cryogenic valve business centered on LNG and hydrogen valves.」
The LNG- and hydrogen-centered cryogenic valve business has advanced to the stage of opening a sales office in Hiroshima and conducting focused new-customer development in the region. - FY2018-Q3AdvancedAnnual report
「Further increases in material costs are expected to reduce margins. To address this, we are revising the selling prices of brass and steel products, promoting in-house parts processing by the Manufacturing and Development Department, and strengthening sales by standardizing cryogenic valves, particularly LNG valves, as standard products.」
For cryogenic valves, particularly LNG valves, the company outlined specific commercialization measures to increase sales by standardizing products, moving beyond R&D and market development. - FY2017RestatedAnnual report
「For LNG valves, which are attracting attention as a clean energy product, we will focus on satellite facilities, land-based tank trucks and LNG-fueled vessels to increase sales.」
The company has reiterated its policy of maintaining its existing priority applications for LNG valves and pursuing higher sales. - FY2017-Q1AdvancedAnnual report
「Sales increased substantially after LNG valves were selected for LNG trailers operated by a major gas company and deliveries began.」
There was tangible progress through the selection of the company's valves for LNG trailers operated by a major gas company and the start of deliveries. - FY2016First statedAnnual report
「For LNG valves, which are attracting attention as a clean energy product, we are focusing on satellite facilities, land-based tank trucks and LNG-fueled vessels.」
The company listed satellite facilities, land-based tank trucks and LNG-fueled vessels as priority applications for LNG valves.