Business Overview for. Fiscal Year Ending March President and CEO November 10, 2011

Transcription

1 Business Overview for the First Half of Fiscal Year Ending March 2012 Takashi Kubota President and CEO November 10, 2011

2 Table of Contents 1. Management Overview for the First Half of FY 2012/3 Major new orders Major projects under execution Targeted new orders Initiatives in new business fields Partnering with other companies Assistance for rehabilitation and reconstruction from the earthquake 2. Outlook for the Business Environment LNG Supply-Demand Outlook Competition with Korean contractors/ continued appreciation of the yen Overseas business expansion of Japanese companies 1

3 Major new orders Overseas Arrow LNG Project FEED *1 EPCm *2 services contract for Qatargas (Chiyoda Almana Engineering) Japan Japan Underground Oil Storage Co., Ltd. /Kuji National Petroleum Stockpiling Base Rehabilitation ti work on ground facilities damaged d by the Great East Japan Earthquake JX Nippon Oil & Energy Corporation/Sendai Refinery Emergency countermeasures against the earthquake Change orders for backlog projects *1 FEED (Front End Engineering and Design): Basic design *2 EPCm : Engineering, Procurement and Construction management 2

4 Major Projects under Execution Overseas Qatar/ Gas Processing Plant (Completed in October, 2011) Qatar/ Plateau Maintenance Project Saudi diarabia/ /Heavy OilC Cracking Unit Papua New Guinea/ LNG Plant Malaysia/ Polycrystalline Silicon Plant Philippines/ Nickel Refining Plant Australia/ LNG Project FEED (Browse, Arrow) Singapore/ Oil Refinery EPCm (Chiyoda Singapore) Malaysia/ aysa/oil Refinery e EPCm (Chiyoda Singapore) 3

5 Major projects under execution Japan LNG receiving terminal Oil refinery revamping, upgrading and energy-saving work Pharmaceutical plant Next-generation battery-related facility Shutdown maintenance 4

6 Major Overseas Projects under Execution (As of end of Sep. 2011) EPC / EPCm Execution FEED / Feasibility Study Yamal LNG Russia / LNG Arzew LNG Algeria / LNG Pearl GTL Qatar/ GTL Plateau Maintenance Project Qatar/ LNG Long Term Service Agreement ( RasGas / Qatargas ) Qatar/ LNG Al Jubail Export Refinery Saudi Arabia/ Refinery Industrial Wastewater Treatment Saudi Arabia/ Water Shell Portdickson Malaysia/ Refinery Stolthaven Singapore/ Tank terminal Shell Bukom Singapore/ Refinery Nickel Refining Plant Philippines / Material Ichthys LNG Australia / LNG Browse LNG Australia / LNG Tokuyama Malaysia/ Renewable Energy Material PNG LNG Papua New Guinea/ LNG Arrow LNG Australia / LNG 5

7 Projects expected in 2 nd Half Australia/ Ichthys LNG Project Vietnam/ Oil Refinery Japan/ LNG Receiving Terminal Japan/ Petroleum/ Chemical/ Pharmaceutical Projects 6

8 Projects expected for succeeding years Overseas LNG projects (Browse LNG, Arrow LNG) Projects in Iraq Projects at overseas group companies (Chiyoda Singapore, Chiyoda Almana Engineering) Projects related to overseas business expansion by Japanese companies LNG receiving terminals in Japan (grass-roots and expansion) 7

9 Initiatives in new business fields Infrastructure Green Infrastructure Project Division established Focusing on projects related to transportation infrastructure, water management and social infrastructure t businesses Collaboration with CTCI Corporation (Taiwan) New energy Business development of next-generation solar thermal power generation (Cooperation with Archimede Solar Energy) 8

10 Partnering with other companies Saipem S.p.A (Italy) Onshore LNG and gas processing, and upstream projects Archimede Solar Energy (Italy) Next-generation solar thermal power generation projects CTCI Corporation (Taiwan) Non-Hydrocarbon projects (Capital investment of 10%) 9

11 Assistance for rehabilitation and reconstruction from the earthquake Reconstruction Support Task Team and Sendai Office established. The Group is making concerted efforts in rehabilitation work. Reconstruction support Countermeasures against tsunami and earthquake Review for production structure and location 10

12 2. Outlook for the Business Environment LNG Supply-Demand Outlook (After the earthquake) Demand increased after the earthquake Million ton/year LNG Supply-Demand Outlook Forecast after the earthquake Forecast before the earthquake Capacity in Operation Expected Demand Capacity under Construction Source: Made by Chiyoda Corp. based on various data 11

13 2. Outlook for the Business Environment Competition with Korean contractors/continued appreciation of the yen Expanding global operations by leveraging overseas group companies and business partnerships. (Chiyoda Singapore, Chiyoda Almana Engineering, Toyo-Thai Corporation) Orders received jointly with Toyo-Thai Corporation in Southeast Asia Overseas business expansion by Japanese companies Enhance regional execution system for respective area (Indonesia, Malaysia, Thailand, etc.) Strengthen our competitiveness by improving productivity and reducing costs 12

14 Please address inquiries to; IR and Public Relations Office TEL FAX URL Forward-looking Statements The forecasts and plans in this presentation ti are based on information available to management on November 10, 2011, the date these materials were prepared. Actual results may differ significantly from these forecasts for a number of factors, including but not limited to changes in economic conditions and operation environment in Japan and overseas. 13

15 Major LNG Projects in Australia Browse 12.0 mmtpa Bonaparte FLNG 2.0 mmtpa Ichthys 8.4 mmtpa Prelude 36mmtpa 3.6 Darwin mmtpa Greater Sunrise 4.0 mmtpa Existing Under Construction/After FID* Planned *FID: Final Investment Decision ** Red boxes are the projects we participate North West Shelf (NWS) 16.3 mmtpa Wheatstone 8.9 mmtpa Pluto mmtpa Pluto mmtpa Gorgon 15.0 mmtpa Scarborough Gladstone LNG (Fisherman s Landing) 3.0 mmtpa Australia Pacific LNG 9.0 mmtpa Queensland Curtis LNG 8.5 mmtpa GLNG 78mmtpa 7.8 Arrow Energy LNG 8.0 mmtpa Source: Made by Chiyoda Corp. based on various dataa Newcastle LNG 1.0 mmtpa 14

16 Major Planned (before Final Investment Decision) LNG Projects Snohvit Shtokman Yamal Kitimat Damietta T2 Idku T3 Sakhalin T3 Sabine Pass Freeport Arzew Das Island Vladivostok 7+ Brass OK Liquid Niugini Gas FLNG Masela Greater Sunrise etc. Cameroon Angola T2 Mozambique Pluto2 Ichthys Browse Scarborough Arrow Energy Source: Made by Chiyoda Corp. based on various data 15

17 Global Operation 6,500 6,550 1,400 1,400 7,000 7,150 1,550 1,600 Unit: Person 2,100 2,250 2,650 2,750 3,000 2,900 2,800 2,800 09/3 10/3 11/3 11/9 Chiyoda Group Companies (Domestic/Overseas) Global Engineering Satellite*1 *1:Engineering subsidiaries in India and Philippines 16