Commercialization of businesses in the environmental and energy sectors, including large-scale wind power generation
First written in FY2016. 11 of 24 entries say "Advanced", first in FY2017-Q2. Latest entry: FY2025.
No other company in this theme has enough history to compare yet.
- FY2025Full-year impact of the sale of the large-scale wind power generation subsidiaryAnnual report
「Sales of the core steel plants, port cranes and social systems businesses expanded, but revenue decreased from the previous fiscal year due to the impact of the sale of a large-scale wind power-related subsidiary in the second half of the previous fiscal year.」
The impact of the sale of The Switch was reflected as a factor behind the decline in full-year system engineering revenue. Meanwhile, sales to the steel, port crane and social systems markets expanded. - FY2025-H1The impact of the sale of a large-scale wind power-related subsidiary was reflected in revenue.Annual report
「Sales related to port cranes remained firm, but revenue decreased year on year due to the impact of the sale of a large-scale wind power-related subsidiary in the second half of the previous fiscal year.」
Following completion of the transfer of all shares in The Switch, the impact of the sale emerged as a factor behind the decline in system engineering revenue for the interim period. Meanwhile, sales related to port cranes remained firm. - FY2024AchievedAnnual report
「On 20 February 2024, our subsidiary YASKAWA Europe Holding AB sold all shares of The Switch Engineering Oy, which developed, manufactured and sold electrical equipment for ships and wind turbines in its system engineering business, to BEMAC株式会社 and MITSUI & CO.,LTD.」
The transfer of all shares in The Switch was completed on 20 February 2024, marking a shift from developing the business within the Group to pursuing growth through external partners. - FY2024-Q3ReframedAnnual report
「Our subsidiary Yaskawa Europe Holding AB entered into an agreement in October 2023 to transfer all shares it held in The Switch Engineering Oy (the “Switch”) to BEMAC株式会社 and MITSUI & CO.,LTD.」
The business was restructured from the previous policy of developing The Switch within the Group to transferring all shares to BEMAC and MITSUI & CO.,LTD. to pursue further business growth through external partners. The related assets and liabilities were classified as held for sale, and completion of the transfer was scheduled during the current fiscal year. - FY2023-Q1AdvancedAnnual report
「Sales of electrical equipment for large-scale wind power generation and power conditioners for solar power generation remained solid, supported by the steady acquisition of projects.」
For electrical equipment for large-scale wind power generation, the business progressed from recovery in Europe to firm sales supported by steady order wins. - FY2022AdvancedAnnual report
「As economic activity normalized after the COVID-19 pandemic, sales of domestic electrical systems for water and wastewater infrastructure and electrical equipment for large-scale wind power generation in Europe performed strongly.」
Electrical equipment for large-scale wind power generation recovered from the declines and stagnation through the previous fiscal year, with sales performing strongly, particularly in Europe. - FY2022-Q2AdvancedAnnual report
「As economic activity normalized after the COVID-19 pandemic, sales of domestic electrical systems for water and wastewater infrastructure and electrical equipment for large-scale wind power generation in Europe remained firm.」
For electrical equipment for large-scale wind power generation, the business moved from the sales decline and stagnation of the previous fiscal year into a recovery phase, with sales remaining firm, particularly in Europe. - FY2022-Q1AdvancedAnnual report
「As economic activity normalized after the COVID-19 pandemic, revenue from domestic electrical systems for water and wastewater infrastructure and electrical equipment for large-scale wind power generation in Europe followed a recovery trend.」
For electrical equipment for large-scale wind power generation, the company reported a shift to recovery in Europe from the sales declines and stagnation described through the previous fiscal year. - FY2021RestatedAnnual report
「In the environmental and energy fields, we will strengthen collaboration with major customers in the large-scale wind power generation market, centered on Europe, and seek to steadily win orders for offshore wind power projects.」
The company has continued its policy of commercializing large-scale wind power generation by strengthening collaboration with major European customers and steadily winning orders for offshore wind power projects. - FY2021-Q2RestatedAnnual report
「Sales of power conditioners for solar power generation improved due to the impact of launching new products and other factors, while sales of electrical equipment for large-scale wind power generation and electrical systems for water and wastewater infrastructure declined due to the impact of COVID-19 and other factors.」
For electrical equipment for large-scale wind power generation, a sales decline due in part to the impact of the novel coronavirus was reported for the second consecutive quarter. - FY2021-Q1WorsenedAnnual report
「Sales of power conditioners for solar power generation grew, reflecting the effects of launching new products, while sales of electrical equipment for large wind power generation and electrical systems for water and wastewater infrastructure declined, partly due to the impact of COVID-19.」
For electrical equipment for large-scale wind power generation, sales shifted from the growth described previously in Europe and order wins to a decline in FY2021-Q1, due in part to the impact of the novel coronavirus. - FY2020-Q3WorsenedAnnual report
「Sales in the environmental and energy sector, comprising electrical equipment for solar and large-scale wind power generation, remained sluggish, while sales related to electrical systems for water and wastewater infrastructure in Japan remained solid in the social systems sector.」
For electrical equipment for large-scale wind power generation, the company shifted from its previous explanations of sales growth and order wins in Europe to sales stagnation in the current quarter, alongside equipment for solar power generation. - FY2020-Q1WorsenedAnnual report
「In the environment and energy fields, sales of electrical equipment for large wind power generation struggled, while sales of power conditioners for solar power generation remained firm.」
For electrical equipment for large-scale wind power generation, the company shifted from its previous explanations of sales growth and order wins in Europe to a situation in which sales stagnated in the current quarter. - FY2019AdvancedAnnual report
「In the environmental and energy sector, sales of power conditioners for solar power generation remained sluggish in the U.S. market, while the Company steadily secured large-scale wind power projects, resulting in significant sales growth in Europe.」
The company reports that it has steadily won orders related to large-scale wind power generation and achieved substantial sales growth in Europe. - FY2019-Q3AdvancedAnnual report
「In the environment and energy field, sales of power conditioners for photovoltaic power generation struggled in the US market, while continued acquisition of large-scale wind power generation projects drove substantial sales growth in Europe.」
The company reported continued order wins and substantial sales growth in Europe related to large-scale wind power generation, indicating progress toward commercialization. - FY2019-Q2RestatedAnnual report
「In the environment and energy field, sales of power conditioners for photovoltaic power generation stagnated in the US market, while sales related to large-scale wind power generation grew in Europe.」
The company has continued to explain that sales related to large-scale wind power generation grew in Europe. - FY2019-Q1AdvancedAnnual report
「In the environment and energy field, sales of power conditioners for photovoltaic power generation stagnated in the US market, while sales related to large-scale wind power generation grew in Europe.」
The company reported sales growth in Europe related to large-scale wind power generation. - FY2018-Q3RestatedAnnual report
「In the environment and energy field, sales related to large-scale wind power generation remained firm, while profitability deteriorated due to sluggish sales of power conditioners for photovoltaic power generation.」
The company explained that sales related to large-scale wind power generation remained firm. - FY2018-Q2RestatedAnnual report
「In the environment and energy field, sales of power conditioners for photovoltaic power generation struggled as a result of stagnation in the US market, while sales related to large-scale wind power generation remained firm, mainly in Europe.」
The company has continued to report firm sales trends in the large-scale wind power generation-related business, mainly in Europe. - FY2017AdvancedAnnual report
「In the environmental and energy fields, sales related to large-scale wind power generation grew, mainly in Europe and China.」
In addition to growth in large-scale wind power generation-related sales in Europe and China, the company expanded its business scope by acquiring the marine drive business. - FY2017-Q4AdvancedAnnual report
「In the environmental and energy fields, sales related to large-scale wind power generation grew in Europe, China and elsewhere. We also expanded our business scope by acquiring the development and manufacturing divisions of Finland-based Wärtsilä Norway, which handles marine drive products.」
The company reported growth in large-scale wind power generation-related sales and an expansion of its business scope through the acquisition of the development and manufacturing divisions for marine drive products. - FY2017-Q3AdvancedAnnual report
「In the environmental and energy fields, our Finnish subsidiary The Switch Engineering Oy actively expanded its large-scale wind power generation-related business. As a result, revenue increased year on year, while the operating loss of ¥668 million improved by ¥1.425 billion from the previous year.」
Active expansion of the large-scale wind power generation-related business increased revenue year on year and improved the operating loss by ¥1.425 billion. - FY2017-Q2AdvancedAnnual report
「In the environment and energy fields, sales increased year on year as the Finnish subsidiary The Switch Engineering Oy actively expanded its large wind power generation business, and the operating loss also improved from the ¥1,362 million operating loss recorded in the same period of the previous year.」
The expansion of the large-scale wind power generation business by The Switch Engineering Oy resulted in reported revenue growth and an improvement in operating loss. - FY2016First statedAnnual report
「Leveraging the strengths of our Finnish subsidiary The Switch Engineering Oy, we will develop core businesses in the environmental and energy fields, including large-scale wind power generation, where the market continues to expand.」
The company outlined a policy of developing large-scale wind power generation into a core environmental and energy business by leveraging the strengths of The Switch Engineering Oy.