Torishima Pump Mfg signed an agreement to acquire all shares of Shin Nippon Machinery from Sumitomo Heavy Industries. Shin Nippon Machinery makes steam turbines and pumps mainly for the petrochemical sector.

Torishima Pump Mfg. resolved on February 10, 2026 to acquire 100% of Shinnihon Zoki from Sumitomo Heavy Industries for about 14.9 billion yen, making it a subsidiary, with transfer scheduled for July 1, 2026. Shinnihon Zoki makes steam turbines and process pumps.

Daihen will build a new factory within its Mie works in Taki, Mie Prefecture, to double production capacity for large transformers by FY2029, with total investment of about 10 billion yen.

A Toshiba consortium won an EPC contract including civil engineering for replacement of the Goi Thermal Power Station, a 2,340 MW LNG-fueled combined cycle plant ordered by Goi United Generation LLC, with operation expected from 2024 to 2025.

Valmet will supply a 75 MWe biomass-fired CFB boiler and a flue gas cleaning system to Air Water and Energia Power Onahama for its Onahama plant in Iwaki City, Japan, with JFE Engineering as EPC contractor. Installation starts in 2019 and commercial operation is planned for the first half of 2021.

Japanese bearing maker NSK is launching a new plant in Fujisawa, Kanagawa, this autumn to produce very large bearings used in railways and wind power generation.