Development of LNG-related valves in anticipation of expanding LNG demand
First written in FY2016. 8 of 13 entries say "Advanced", first in FY2018-Q3. 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 LNG-related cryogenic valves, progress has advanced from completing development of the 15A–50A range to securing orders, completing production, and 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.」
For high-pressure valves for LNG-fueled vessels, progress has been made through completion of the 25A demonstration operation, near-completion of development up to 50A, and consideration of inquiries for all sizes. - 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.」
LNG-fueled vessel high-pressure valves up to 25A have been adopted, and development of the 40A and 50A models is nearly complete. - 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.」
Valves for LNG-fueled vessels were adopted for the fuel units of large car carriers. - FY2020AdvancedAnnual report
「For LNG-related valves, we have expanded the range of products for LNG-fueled vessels, obtained various class certifications, and made deliveries.」
Specific market rollout results were reported for LNG valves for LNG-fueled vessels, including obtaining various class certifications and making deliveries. - FY2019AdvancedAnnual report
「As a result, sales of cryogenic valves, including LNG valves, have doubled.」
For cryogenic valves, principally LNG valves, sales results showed a doubling of revenue following active marketing activities and the development of new customers. - 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.」
The company has reaffirmed the relationship between active marketing activities and increased sales of LNG-related cryogenic valves. - FY2019-Q1AdvancedAnnual report
「Although they account for a small share of sales, cryogenic valves, primarily LNG valves, increased substantially.」
A substantial increase in sales of LNG-related cryogenic valves indicates that the previous development and product commercialization policy has translated into sales results. - FY2018RestatedAnnual report
「In anticipation of the full-scale market introduction of LNG-fueled vessels in response to environmental regulations, we are promoting the acquisition of various class certifications for LNG valves and the development of high-pressure valves for LNG fuel supply equipment.」
In anticipation of the market introduction of LNG-fueled vessels, the company is continuing to obtain class certifications and develop high-pressure valves. - 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 LNG-related valves, a more specific product commercialization initiative has been presented: making cryogenic valves standard products and increasing sales. - FY2018-Q2RestatedAnnual report
「Development costs increased because we accelerated the development of new products and businesses, including cryogenic valves for LNG and hydrogen.」
The company states that it is continuing to develop new products and businesses, including cryogenic valves for LNG, but reports no new achievements such as product launches. - FY2017RestatedAnnual report
「We are promoting the development of high-pressure valves and valves for specific applications among our LNG-related valves.」
Development of LNG-related valves is continuing, with high-pressure and application-specific valves identified as development targets. - FY2016First statedAnnual report
「We are promoting the development of LNG-related valves in anticipation of growing LNG demand.」
A measure to advance research and development of related valves based on expectations of growing LNG demand.