| 1. |
Revitalization of orders and a long string of large-scale negotiated export orders
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The large-scale orders of gas turbines bulk-China, Dah Tarn GTCC-Taiwan, Map Ta Phut coal firing plant-Thailand, Brazos wind turbines-the USA, etc. |
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Saudi Arabia Ghazlan

Okinawa Electric Co. Inc's Kin power station

Amorphous type photovoltatics

Seto Wind Hill Power Plant |
| 2. |
A new long term business plan was established aiming at restructuring power systems business to be able to successfully compete in the global market
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Expansion of world share by fortifying competitive abilities for our principle machines |
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Expansion of works based on FTK job |
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Expansion of service business |
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Developmental acceleration and industrialization of new products |
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| 3. |
Advancements in the transferring of large-scale plants completed
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All units at Saudi Arabia's Ghazlan begins commercial operation |
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Mexico's Tuxpan-III, IV, Campeche, the USA's Mystic, Netherlands Curacao, etc. |
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Kyushu Electric Reihoku 2B, Okinawa Electric Kin 2B, Sumikyo Joint Electric Nyugawa, the Nippon petroleum Negishi refinery, the Cosmo oil Yokkaichi refinery, Okinawa new energy development 2MW Wind hill, etc. |
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| 4. |
Favorable conditions for domestic and overseas orders of wind turbines focusing on 1000A as staple machines
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Domestic wind farm (43 units at Eurus Energy Japan Kamaishi, etc) |
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The USA wind farm (160 units at Brazos, 41 units at Combine Hills, etc) |
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| 5. |
Steady progress of engine business
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Orders have been aboundingly accepted for KU or MACH gas engines and UE/SULZER engines |
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Engine production facilities established capable of producing 50 KU engines annually |
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45.5 % efficiency achieved by implementing miller cycling |
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| 6. |
Steady advancement of new technologies, new products and technological development into new fields
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Highly efficient, new type of steam turbine |
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Boiler compatible with misceraneous crude fuels (Oil coke, waste tire, etc) |
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Expansion of export orders for amorphous type photovoltaics |
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Reliable achievements regarding tandem types photovoltaics, secondary cells and fuel cells |
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Expansion of application of Netmation (Distributed control system) |
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| 7. |
Long list of awards for Power Systems Headquarter products
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Wind hill MWT-S2000 New Energy Award from the New Energy Foundation |
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MACH Gas Engine Agency of Energy Resources, Director's Award from the Japan Industries Machinery Association Technical Award from the Japan Gas Association |
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Philippine's Ilijan selected as one of the world's top plants for 2002 by the USA's magazine Power |
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| 8. |
Expansion of presence in the Chinese market with joint alliances with Chinese manufacturers
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Corporation with Dongfang Electric Corporation in China due to business dealings with bulk orders (10 gas turbines M701F units) |
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Bulk order for 14 super critical pressure 600 MW units with a joint alliance in the ST field with Harbin Turbine |
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Bulk order for 4 ultra-super critical pressure 1,000 MW units with a joint alliance in the boiler field with Harbin Boiler |
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| 9. |
Advancement toward developing a power generation project
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Investment in AES Spain Cartagena 1,200 MW combined cycle plant |
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Commercial operations at Seto Wind Hill wind turbine generation plant (1,000 kW x 11 wind turbines) |
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| 10. |
Development of new services
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Rehabilitation of Mexico's CFE Manzanillo 314 modernization of control and instrumentation systems |
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Orders for the combustion up-grade devices from Mongolia's for Russian-made lignite boilers |
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