Toshiba 1998 Annual Report Download - page 16

14. Toshiba Corporation Annual Report 1998
NUCLEAR POWER PLANTS
Toshiba is focusing on m ain ten ance of existin g plan ts
an d on h ighly-efficien t gen erating systems such as
advan ced boiling water reactors (ABWRs) in an ticipation
of future growth in orders for n ew plants. Fiscal 1997 saw
th e com m en cement of operation s of Tosh iba’s secon d
ABWR, Kashiwazaki-Kariwa Nuclear Power Station Un it
No. 7 (1,356MW) of Tokyo Electric Power Co., In c.
(TEPCO). An oth er high light of the year was TEPCO’s
selection of Toshiba as the m ain contractor to replace a
reactor shroud at Unit No. 3 of the Fukushima No. 1
Nuclear Power Station . Th is is the first project of its kin d
in the world. Th e n ew shroud will em ploy a n ew m ate-
rial that is h ighly resistant to stress cracks caused by
corrosion, un derscorin g Toshiba’s leading-edge expertise
in the n uclear power field.
Overseas, particularly in Asia, Tosh iba is aggressively
prom oting its technical prowess in ABWRs. This has led
to an order for reactor facilities for the Lungm en Nuclear
Power Station in Taiwan. Tosh iba is exten ding assistance
for China’s nuclear power plant construction plans.
Furth er, in collaboration with the Japan Consultin g
In stitute, Toshiba is playing a central role in a nuclear
power feasibility study project for th e Vietn amese
govern m en t. The project covers a wide range of subjects,
from estim ates of energy deman d and a plant’s eco-
nom ic viability to the train ing of operating tech n ician s.
The objective is con struction of a 800MW-class boiling
water reactor.
OTHER POWER PLANTS AND EQUIPMENT
In th erm al power generation facilities, Tosh iba is stress-
ing orders for com bined-cycle projects. Growth poten tial
for th is tech n ology is im m ense in Japan an d overseas
m arkets. In fiscal 1997, construction proceeded on th e
com bined-cycle Un it No. 7 at Sh in -Nagoya Th ermal
Power Station of Chubu Electric Power Co., In c. Com m er-
cial operation began at anoth er com bin ed-cycle facility
th at was con structed at TEPCO’s Yokoh ama Th erm al
Power Station Un it No. 7. Offerin g extrem ely high effi-
ciency, com bined-cycle systems are viewed as the core
th ermal power tech nology of the future. Tosh iba is
➜ Page 17.
RESULTS
Although overseas orders for power plants and equipment rose, Japanese electric utilities
continued to make demands for significant cost reductions. This resulted in a 3.6 per-
cent decline in segment sales to ¥1,119.6 billion. Toshiba is
responding by cutting costs even further and bolstering exper-
tise in key technologies in a drive to capture more orders.
Power & Industrial Systems
98
97
96
1,119.6
1,161.3
1,223.2
March
–3.6
–5.1
8.0
0
Sales (¥ billion)
TOPICS
Fuel cells are an environmentally benign source of elec-
tricity. Toshiba recently installed this unit at a brewery
to enable the generation of power from biogas.
Sales Annual Increase (%)
Notes: 1. See segment information on page 29.
2. Segment sales include intersegment transactions.
Share of Net Sales %
Mar. ’96 ’97 ’98
21.5 18.9 18.3