Toshiba 1996 Annual Report Download - page 22

20.
Heavy Electrical Apparatus
Segment sales rose 8 percent to ¥1,177.5 billion in fiscal 1995, due mainly to work
at several large power stations in Japan. In the fields of power generation and distri-
bution, Toshiba has earned a solid reputation in high-efficiency, environmentally
friendly technologies. These include combined-cycle power plants, advanced boiling
water reactors (ABWRs), adjustable speed, pumped-storage systems, and compact
substations. This broad expertise endows Toshiba with a crucial competitive edge in
capturing contracts worldwide.
Nuclear Power Plants
Payments received for several large-scale projects generated a substantial sales gain.
Toshiba is one of the main contractors for the world’s first ABWR, Kashiwazaki-Kariwa
Nuclear Power Station Units No. 6 and 7 for Tokyo Electric Power Co., Inc. (TEPCO).
The company is leading the consortium building Unit No. 6, which has a sophisticated
reactor core that raises both fuel and operating efficiency. Trial operations have started,
with commercial operation slated for December 1996. The ABWR draws on Toshiba’s
experience in BWR technology to offer the highest possible levels of safety, reliability and
efficiency. Construction is proceeding at Onagawa Nuclear Power Station Unit No. 2 for
Tohoku Electric Power Co., Inc. An inspection and improvement contract for Onagawa
Unit No. 1 also contributed to sales. Major contracts received in fiscal 1995 were for
inspections and improvements at Kashiwazaki-Kariwa Units No. 1 and 2 and at Onagawa
Unit No. 1. Toshiba also received fuel-replacement contracts for Hamaoka Nuclear
Power Station Units No. 2 and 4 for Chubu Electric Power Co., Inc.
Other Power Plants and Equipment
Sales in this sector were flat, although the order backlog remains high as Toshiba continues
work on a range of projects in Japan and overseas. One ongoing project is the manufac-
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March
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( ¥ billion)
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ture and installation of advanced combined-cycle
power generation equipment for TEPCO’s
Yokohama Thermal Power Station Unit No. 7.
Other large contracts include power generation
equipment for Haramachi Thermal Power Station
Unit No. 1 (1,000MW) for Tohoku Electric, and
Shinchi Thermal Power Station Unit No. 2
(1,000MW) for the Soma-Kyodo Power Co. In
Kyushu, Toshiba is at work on Reihoku Thermal
Power Station Unit No. 1 (700MW) for Kyushu
Electric Power Co., Inc.
Outside Japan, major deals included geothermal
power generation equipment in the Philippines and
hydroelectric power generation equipment for
utilities in Argentina and Venezuela. Technical
Sales
Annual Increase (%)
Note: Segment sales totals include
intersegment transactions.
Share of Net Sales %
20.6 22.7 24.7 21.2 21.7
Mar. ’92 ’93 ’94 ’95 ’96
Sales
Toshiba is devoting considerable resources to the refine-
ment of combined-cycle power generation, a technology
that offers much greater efficiency.
Toshiba leads the consortium construct-
ing the world’s first advanced boiling
water reactor (ABWR) at TEPCO’s
Kashiwazaki-Kariwa Nuclear Power
Station Unit No. 6.