Details of results and operations by business domain in the fiscal year 2018

Industrial Machinery Products Business

Orders totaled ¥175,757 million (US$1,585 million), down 5.6% from the previous fiscal year, due mainly to decreases in plastic production and processing machinery as well as FPD equipment.

 

Sales rose 2.8%, to ¥173,648 million (US$1,565 million), attributable primarily to increases in sales of plastic production and processing machinery as well as mold- ing machines.
Operating income was on par with the previous fiscal year, decreasing 0.4% to ¥23,599 million (US$213 million).
The slight decline resulted from a change in product sales composition off setting an increase in sales.

Main activities

Plastics Machinery Sector

At the Hiroshima Plant, we produce injection molding machines, pelletizers, twin-screw extruders, and film and sheet manufacturing equipment. At the Yokohama Plant, we produce blow molding machines and spinning extruders. In injection molding machines, we offer a lineup of electrically driven machines, all of which feature both improved productivity and energy-saving standards along with enhanced basic performance and molding precision. We also have leveraged power regeneration technology already in place while creating more advanced temperature controls, thereby conserving even more energy. To respond to diversifying needs in these product markets, we have established a Technology Development Center within the Hiroshima Plant and engage in wide-ranging consultation with product users, enabling us to put in place an integrated development system to cope with changing demand, from plastic manufacturing to processing machinery.

 

Business Lines

Production and sale of plastic injection molding machines, plastic production and processing machinery (including pelletizers, compound extruders, film and sheet manufacturing equipment, etc.), and blow molding machines

Other Machinery Sector

Supported by proprietary technologies and facilities at the Hiroshima, Yokohama, and Muroran plants, JSW produces industrial machinery for a wide range of demand, including defense equipment, power plant equipment, magnesium alloy injection molding machines, laser annealing systems, rolling stock parts, and environmental facilities.

 

Business Lines

Production, sale and maintenance of fluid machinery, hydraulic machines, machinery for the production of electronic components and displays (laser annealing systems, etc.), magnesium alloy injection molding machines, tightlock couplers and dampers, and defense equipment

Facilities

Hiroshima Plant and Yokohama Plants

Design, casting, machining, equipment maintenance, power use management, manufacture of machine parts, equipment installation, security management, employee welfare, and subsidiaries and affiliates in related fields

Orders Received, Sales, Operating Income

(¥ million)

FY2017

FY2018

Orders Received

186,253

175,757

Sales

169,000

173,648

Operating Income

23,691

23,599

Steel and Energy Products Business

Orders totaled ¥34,123 million (US$307 million), down 20.7% year on year, due mainly to a decrease in products for electronic devices and nuclear power plants.

 

Sales were up 13.7%, to ¥41,251 million (US$372 million). Despite a decrease in sales of products for electronic devices and nuclear power plants, sales rose thanks to an increase in clad steel plates and pipes.

 

Operating income amounted to ¥2,676 million (US$24 million), compared with an operating loss of ¥1,019 million in the previous fi scal year, due mainly to an increase in sales and a reduction in fixed costs.

Main activities

Steel Products Sector

At the Muroran Plant, which manufactures steel in electric furnaces, we produce abroad range of cast products and steel ingots for forged products. In ingots for forgings, we have one of the world's largest production capacities, of 650 tons. Ourrange of presses and hammers of various types and sizes, including two 14,000-ton hydraulic presses, ensures that we can deliver forgings in any needed shape. After undergoing heat treatment, machining and finishing, the cast, and forged steel products are used in the electric power generation industry (fossil fuel, hydroelectric and nuclear) as well as for steel-making, oil refinery, and industrial machinery and facilities. In addition to being a leading global supplier of numerous extra-large cast and forged steel products, our plants produce a wide range of high-quality small and medium-sized steel cast and forged products.

 

Business Lines

Production and sale of products for power generation, steel-making, chemical machinery, nuclear power-related equipment, die materials, and other areas

Steel Plates and Structures Sector

At the Muroran Plant, which has one of Japan's largest 4-thick plate reversing rolling mills, we can roll high-quality, extremely thick, wide, and long steel plates (maximum thickness: 350 millimeters, maximum width: 4.8 meters, maximum length: 20 meters). Using advanced manufacturing technology we now mainly produce high-quality clad steel plates and clad steel pipes using clad steel plates. All of our products are used in a wide range of industrial applications in Japan and overseas, giving this business a unique profile. In addition, the Muroran Plant integrates the various forged steel products it manufactures and leverages the Company's state-of-the-art welding technologies and facilities to produce very large welded structures, such as pressure vessels for oil refineries and petrochemical plants, in an integrated process extending from raw materials to finished products. As a result, we are meeting demand both in Japan and overseas.

 

Business Lines

Production and sale of products for oil refining, petrochemical, general chemical, and power generation industries, as well as a wide range of pressure vessels, clad steel plates, clad steel pipes, extra-thick steel plates, and other areas

Facilities

Muroran Plant

Design, manufacturing (casting, machining, rolling, welding), facility maintenance, power use management, transportation, testing, security management, employee welfare, and subsidiaries and affiliates in related fields

Orders Received, Sales, Operating Income

(¥ million)

FY2017

FY2018

Orders Received

45,053

34,123

Sales

36,287

41,251

Operating Income

-1,019

2,676