Railway Rolling Stock and Other Transportation Equipment Businesses 

In railway rolling stock, our sales to the JR Companies amounted to ￥42,002 million, the largest amount in our history. It was achieved through the stable delivery of the Series N700 Shinkansen trains for JR Central as well as the Series E2 Shinkansen trains for JR East, the Series N700 Shinkansen trains for the through service into the Kyushu Shinkansen for JR West, the Series 313 trains and the Series Ki-Ha 25 diesel cars for JR Central.

Our sales for the public and private railways reached ￥7,592 million, including sales of: the Skyliner AE Model, the latest model, and the Model 3050 EMUs for the Keisei Electric Railway Co., Ltd.; the Model N1000 and the Model 6050 EMUs for the Transportation Bureau, the City of Nagoya; the Series 4000 EMUs for Nagoya Railroad Co., Ltd.; the Model N800 EMUs for the Shin-Keisei Electric Railway Co., Ltd., and the Model MR-600 diesel cars for the Matsuura Railway Co., Ltd. In exported railway cars, we had sales of ￥357 million, since export demands have come into the “off-crop” period. Consequently, our total sales of railway rolling stock recorded ￥49,951 million, down 11.5% from the previous year.

In railway rolling stock, our sales to the JR Companies amounted to ￥42,002 million, the largest amount in our history. It was achieved through the stable delivery of the Series N700 Shinkansen trains for JR Central as well as the Series E2 Shinkansen trains for JR East, the Series N700 Shinkansen trains for the through service into the Kyushu Shinkansen for JR West, the Series 313 trains and the Series Ki-Ha 25 diesel cars for JR Central. Our sales for the public and private railways reached ￥7,592 million, including sales of: the Skyliner AE Model, the latest model, and the Model 3050 EMUs for the Keisei Electric Railway Co., Ltd.; the Model N1000 and the Model 6050 EMUs for the Transportation Bureau, the City of Nagoya; the Series 4000 EMUs for Nagoya Railroad Co., Ltd.; the Model N800 EMUs for the Shin-Keisei Electric Railway Co., Ltd., and the Model MR-600 diesel cars for the Matsuura Railway Co., Ltd. In exported railway cars, we had sales of ￥357 million, since export demands have come into the “off-crop” period. Consequently, our total sales of railway rolling stock recorded ￥49,951 million, down 11.5% from the previous year.

Transportation Equipment and Steel Structure Businesses

The transportation equipment business areas met a partial recovery of demand for LPG bulk tank lorries and LNG tank trailers while sales that included freight cars, heavy-duty industrial vehicles, and air containers were realized. Demands for storage tanks and other equipment remained sluggish, influenced by investment control. As a result, sales were ￥7,925 million, down 12.9% from the previous year. 

In the steel structure business, we have completed construction work for large-scale projects such as the Kiraku bridge section, the Komei section and the Otobashi section of the Nagoya Expressway, the Terano elevated bridge, the Mikawa elevated bridge and the Okabe-Takada overbridge. Construction projects such as the Oyamazaki overbridge as well as an elevated bridge in the construction section at Shin Osaka Station have also been completed. Our sales included Damper Braces for the vibration control of the concrete feet supporting Shinkansen tracks, which recorded sales of ￥14,806 million, up 47.3% from the previous year. 

All in all, sales for the transportation equipment and steel structure businesses reached ￥22,731 million, an increase of 18.7% from the previous year.

Construction Equipment Business

For the construction equipment business, demands in response to larger-diameter and deeper foundation works as well to exhaust emission controls resulted in the steady sales of casting rotators while the sales of compact pile driving rigs shows a sign of recovery. However, demands for construction equipment have not recovered to full scale due to the trend of decreased public construction. As a result, the sales of construction equipment totaled ￥11,555 million, a 9.3% reduction from the previous year.

On the other hand, the sales of pile driving rigs decreased, as construction of houses, buildings and apartments decreased in number.

In the generator business, domestic demand for portable generators shows a trend of recovery as major rental companies eased their control over investment. In response to emergency demands due to the Tohoku earthquake, the sales of generators were ￥2,460 million, up 42.4% from the previous year.

All in all, the sales in our construction equipment business were ￥14,015 million, a 3.1% reduction from the previous year. 

Other Businesses 

Our main sales included: maintenance vehicles and machinery for Maglev, and vehicle inspection and repair machinery for JR Central, repair work for agricultural plant businesses in JA facilities in various places, as well as sales of paper manufacturing machinery-related equipment for household paper manufacturers. Other businesses included laser processing machines, income from golf course operations, and railway memorabilia.

All in all, sales in other business areas totaled ￥8,146 million, down 4.8% from the previous year.

The export sales for the year under review amounted to ￥2,702 million, including ￥357 million for the railway rolling stock business, and ￥2,343 million for the construction equipment business, which represented 2.8% of total sales.

The orders on hand at the end of the year under review reached ￥131,794 million. These comprised ￥110,937 million for the railway rolling stock business (￥42,218 million for rolling stock such as the Series N700 Shinkansen trains for JR companies, ￥18,708 million for railway cars for other public and private railway companies, and ￥50,010 million for exported rolling stock), ￥15,138 million for the transportation equipment and steel structure business (￥6,746 million for transportation equipment, and ￥8,392 million for the steel structure business), ￥1,847 million for the construction equipment business, and ￥3,873 million for other businesses.