Growing demand for sprinklers driven by revisions to the Fire Service Act and subsidy programs
First written in FY2018-Q1. 6 of 7 entries say "Restated". Latest entry: FY2023.
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- FY2023RestatedAnnual report
「In addition, following amendments to the Fire Services Act, new standards for indoor fire hydrants, known as wide-area Type 2 fire hydrants, were established in October 2014. As our products comply with these standards and offer cost advantages, including by eliminating the need for power-supply equipment, we aim to expand sales targeting hotels, apartment buildings, mass retailers and other facilities required to install fire hydrants under these standards.」
The company states that it plans to expand its target market to hotels, apartment buildings, mass retailers and other facilities, against a backdrop of amendments to the Fire Services Act, the subsidy program and compliance with the standards for wide-area Type 2 fire hydrants. - FY2019-Q2RestatedAnnual report
「A system was established under amendments to the Order for Enforcement of the Fire Services Act and related measures to provide subsidies for sprinkler installation at medical clinics with inpatient facilities and other facilities of a certain size, and we have pursued sales activities targeting this equipment demand.」
The explanation that amendments to fire-safety laws and the subsidy program are driving demand for sprinkler equipment has continued. - FY2019-Q1RestatedAnnual report
「A system was established under amendments to the Order for Enforcement of the Fire Services Act and related measures promulgated in October 2014 to provide subsidies for sprinkler installation at medical clinics with inpatient facilities and other facilities of a certain size. During the current fiscal year, demand utilizing the subsidy program has also emerged nationwide.」
The explanation that amendments to fire-safety laws and the subsidy program are driving demand for sprinklers has continued. - FY2018RestatedAnnual report
「A system has been established under amendments to the Order for Enforcement of the Fire Services Act and related measures to provide subsidies for sprinkler installation at medical clinics with inpatient facilities and other facilities of a certain size. We have focused on expanding sales of our proprietary Nias sprinkler fire-extinguishing system for projects involving sprinkler equipment installations that utilize these subsidies.」
The company continues to describe the subsidy program introduced following amendments to the Fire Services Act and related measures as a driver of demand for Nias. - FY2018-Q3RestatedAnnual report
「We have expanded sales of the Nias fire-extinguishing system developed by our company for projects involving sprinkler equipment installations that utilize subsidies available to medical clinics with inpatient facilities and other facilities of a certain size.」
The company continues to describe projects using subsidies for sprinkler installations at medical clinics with inpatient facilities and other facilities as an opportunity to expand sales of Nias. - FY2018-Q2RestatedAnnual report
「A system has been established under amendments to the Order for Enforcement of the Fire Services Act and related measures to provide subsidies for sprinkler installation at medical clinics with inpatient facilities and other facilities of a certain size.」
The explanation that amendments to fire-safety laws and the subsidy program are driving demand for sprinkler equipment has continued. - FY2018-Q1First statedAnnual report
「A system was established under amendments to the Order for Enforcement of the Fire Services Act and related measures promulgated in October 2014 to provide subsidies for sprinkler installation at medical clinics with inpatient facilities and other facilities of a certain size. Since then, sprinkler equipment installation has progressed nationwide.」
The company explains that amendments to laws and the establishment of a subsidy program have driven the expansion of demand for sprinkler equipment.