Overview of segments
The Energy segment supports power generation facilities, which are responsible for creating the energy indispensable in all social activities, from various aspects to ensure its smooth operation. Our main operations include negotiations for construction of new domestic power plants, regular inspections, and renovation works. As a sales agent for Mitsubishi Heavy Industries, we provide equipment and maintenance services to the private power generation facilities of major customers and the thermal and nuclear power plants of power companies in the western Japan area. We support the stable operation of power plants by delivering power generation equipment such as boilers and turbines, environmental conservation equipment including wastewater treatment, and after-sales maintenance of such equipment. As a pipeline between customers and manufacturers, we play an important role in adjusting prices and delivery times, and smoothly advancing each business negotiation. Recently, we are also focusing on fuel conversion and renewable energy markets that contribute to decarbonization.
Main products and services
- Power generation and related equipment for thermal power plants
- Power generation and related equipment for nuclear power plants
- Renewable energy-related equipment such as hydropower and biomass power generation
- Regular inspections and after-sales maintenance of each power facility and plant
- Power plant peripheral equipment such as security devices and utility devices
- Decarbonization through exclusive burning and co-firing of ammonia and hydrogen in thermal power generation and promotion of various initiatives related to clean energy
Recognizing the external environment
Strengths
- Business stability as an agent for Mitsubishi Heavy Industries, which has strong product capabilities and market share in the power generation equipment market
- Strong trust relationships and business foundations developed with customers such as power companies and major chemical manufacturers
Risks
- Significantly affected by external factors such as government energy policy, policies of power companies and manufacturers, and the natural environment
- Decrease in sales of conventional fossil fuel-based thermal power generationrelated equipment due to the trend toward decarbonization of power sources
Opportunities
- Market expansion due to the restart of nuclear power generation as a carbon-free base power source and the acceleration of longterm renewal plans
- Investment increase in the low-carbon and high efficiency transformation of thermal power generation
Segment Highlights
Business overview and focused measures (actions) for each power generation method
Segment TOPIC
We have concluded a sales agreement with DAS SOLAR, a Chinese manufacturer of thin lightweight solar panels, for sales within Japan. Seika Corporation has been marketing these products in Japan for some time. Due to their light weight, when compared to existing glass panels, these panels can be easily installed on existing factory roofs, etc., enabling both effective use of space and savings in energy and labor. As part of our contribution to the achievement of a decarbonized society as stated in our Long-Term Management Vision “VIORB 2030,” we will work to protect the global environment by further promoting renewable energy sources, including biomass, geothermal, and hydroelectric power generation, through the promotion of sales of these thin, lightweight solar panels.
