Expanding sales of special bearings for wind power generation and establishing a production system in Europe
First written in FY2020. 4 of 8 entries say "Advanced", first in FY2024. Latest entry: FY2026.
No other company in this theme has enough history to compare yet.
- FY2026AdvancedAnnual report
「As demand for renewable energy continues to grow, we provide specialty bearings for wind power generation in Europe, where demand for wind power is high, and continue testing them on actual onshore and offshore wind turbines. We are also providing specialty bearings for next-generation offshore wind turbines in Europe designed for further increases in size and are conducting field testing on actual turbines. In addition, we are advancing technical research on various specialty bearings for the market and continuously conducting reliability tests of bearing performance using various bearing evaluation testing machines, including the introduction of a bearing bench tester with a shaft diameter of 1,000 mm capable of replicating operating conditions equivalent to those of main bearings on actual wind turbines, utilizing the NEDO Green Innovation Fund project (Offshore Wind Power Cost Reduction Project).」
For wind power bearings, we are advancing testing on actual onshore and offshore turbines, field testing for next-generation offshore wind turbines, and reliability testing using a bench tester with a shaft diameter of 1,000 mm. - 2026-05-12AdvancedManagement Planning
「Start of mass production of bearings for wind turbines (fiscal 2027)」
The company identified the start of mass production of bearings for wind turbines in fiscal 2027 as a plan for a growth area. - FY2025AdvancedAnnual report
「In addition, to expand the wind turbine business, we established the Wind Turbine Technology Research Institute as an organization dedicated to basic technology development, including design and evaluation, for wind turbine bearings, and constructed an experimental building.」
For wind power bearings, we established the dedicated Wind Turbine Technology Research Institute and constructed an experimental building. Capital investment in wind turbine bearing equipment in Europe and performance evaluation testing are also continuing. - FY2024AdvancedAnnual report
「In May 2023, we signed an agreement to supply main bearings for offshore wind turbines under development in Europe. We are therefore proceeding with construction of a new plant to supply bearings for offshore wind turbines to the European and U.S. markets. Production is scheduled to begin in 2025, with capacity secured to produce several hundred turbine bearings annually, enabling us to meet future growth in demand.」
We signed an agreement to supply main bearings for offshore wind turbines in Europe and progressed to a specific plan involving construction of a new plant for the European and U.S. markets, production commencing in 2025, and annual capacity of several hundred units. - FY2021RestatedAnnual report
「Rolling bearings are currently the mainstream type used in wind power generation. We are pursuing active market development in Japan and overseas by highlighting the advantages of plain bearings, namely that individual parts can be replaced, reducing time and costs.」
We continue to develop domestic and overseas markets for specialty wind power bearings by highlighting the ease of replacing plain bearings and their potential to reduce time and costs. - FY2021-Q3SoftenedAnnual report
「New European company for wind power bearings (provisional name) European candidate site under selection Manufacturing equipment for journal bearings (bearings for wind turbines) 2,903 — Investment and financing from the company, internal funds October 2018 Undecided」
The planned investment of ¥2,903 million for the new European company for wind power bearings and its manufacturing equipment was disclosed, but the candidate site was still being selected and the scheduled completion date was "undecided." - FY2021-Q2SoftenedAnnual report
「However, due to the global spread of COVID-19 and the resulting restrictions on economic activity, it became difficult to establish the planned new company in Europe by January 2021. We therefore decided to review the schedule for developing the specialty bearings business for wind power generation.」
As it became difficult to establish the new European company for specialty wind power bearings by January 2021, the schedule for developing the business was reviewed. - FY2020First statedAnnual report
「Demand for both offshore and onshore wind power is high in Europe and China, and demand for wind power bearings is expected to increase. To strengthen the structure of the TMBS (Turbomachinery Bearing Systems) business, which manufactures these products, we spun off the Second Company TMBS Division and newly established the Fifth Company in April 2019, and are focusing on advancing the business.」
Bearings for wind power generation were positioned as a growth field, and the TMBS Division was spun off to establish the Fifth Company in April 2019.