Review of operations

POWER PLANTS

In the term under review, orders advanced 18.6% to 57,314 million (US$475.4 million) owing to orders for large-scale electric power plant projects in Japan and overseas in sales of 4.0% to ¥ 36,418 million (US$302.1 million).
Major orders in fiscal 1999 included installation of the Unit 1 turbine power facility at the Tachibana-Wan Power Station of Electric Power Development Co., Ltd.; installation of the Unit 1 turbine power facility at the Tachibana-Wan Power Station of Shikoku Electric Power Co., Inc.; and engineering and construction of Unit 1 and 2 for 700 MW power facilities at the Hin Krut Power Station in Thailand.
Main projects completed included installation of the Unit 7 combined cycle power facility at the Shin-Nagoya Power Station of Chubu Electric Power Co., Inc.; installation of the Unit 2 single-shaft combined cycle power facility at the Chiba Power Station of Tokyo Electric Power Company (TEPCO); and replacement of transformers at the South Sabah Al-Salem Substation in Kuwait.

Orders/Sales	(Billions of yen)

95 96 97 98 99 Order 47.4 51.7 43.3 48.3 57.3 Sales 38.7 41.3 44.1 37.9 36.4

NUCLEAR POWER PLANTS

Orders were steady for periodic maintenance and upgrading of existing nuclear power plant facilities. Reduced orders for new large-scale nuclear power plants, however, let to a decrease in orders of 28.8% to ¥32,902 million (US$272.9 million), and a decline in sales of 7.9% to ¥28,404 million (US$235.6 million).
Major projects completed included the construction of the Unit 3 power facility at the Onagawa Nuclear Power Station of Tohoku Electric Power Co., Inc., and the periodic maintenance and upgrading of power stations.

Orders/Sales	(Billions of yen)

95 96 97 98 99 Order 49.2 31.3 27.0 46.2 32.9 Sales 62.4 39.6 34.3 30.8 28.4

INDUSTRIAL AND FACILITIES

Orders decreased 4.5% to ¥45,976 million (US&381.4 million) and sales edged down 2.4% to ¥49,095 million (US$407.3 million) due to weak private capital investment and intensified price competition in the sluggish Japanese economy, as well as fewer overseas projects owing to the economic downturn in Asia.
Major orders included construction of mechanical piping and ozone equipment for an advanced water purification facility at the Misato Water Purification Plant of the Tokyo Waterworks Bureau; alteration of electrical facilities for hot rolling equipment at the Funamachi Plant of Nakayama Steel Works, Ltd.; and construction of wastewater treatment electrical facilities at Ibogawa Water Purification Center B of the Himeji Civil Engineering Office in Hyogo Prefecture.
Completed projects included construction of mechanical piping and ozone equipment for an advanced water purification facility at the Misato Water Purification Plant for the Tokyo Waterworks Bureau; construction of electrical facilities at the Scientific Police Research Center for the Construction Bureau in the Kanto region; and construction of wastewater purification electrical facilities at the Ibogaw Water Purification Center B for the Himeji Civil Engineering Office in Hyogo Prefecture..

Orders/Sales	(Billions of yen)

95 96 97 98 99 Order 51.4 51.4 52.1 48.1 45.9 Sales 47.7 52.3 57.6 50.3 49.1

Financial Section
Design, construction, installation, maintenance and upgrading of thermal and hydroelectric power plants and transfer substations.
Nuclear Power Plants
Design, construction, installation, maintenance and upgrading of nuclear power plants, uranium enrichment facilities, facilities for the disposal of spent fuel and nuclear power research centers.
Industrial and Facilities
- Design, construction and installation of plant facilities for a full range of industries: food, pulp and paper, chemicals, petroleum and coal, steel, nonferrous and other metals, machinery, electric equipment and precision equipment.
- Design, construction and installation of systems and facilities for transfer substations, electricity, instrumentation, air-conditioning, water supply, drainage and sanitation, lighting, fire alarms and fire prevention and telecommunications for use in office buildings, airports, roads, tunnels and harbors
- Design and construction of water supply and sewage systems as well as bioplants
- Design, construction and installation of energy systems including cogeneration, agricultural ground facilities and horticultural systems as well as other environmentally related systems
- Design and construction of aircraft safety facilities and cable and wireless electronic communications facilities.