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Taiyo Nippon Sanso Corporation

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Taiyo Nippon Sanso Corporation - Energy & Power showcase

Industry

Energy & Power

Services

Hydrogen Generation
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Taiyo Nippon Sanso Corporation Overview

Taiyo Nippon Sanso Corporation (Taiyo Nippon Sanso) manufactures and sells industrial gases and equipment. The company functions through the following segments: gas business in Japan, gas business in the United States, gas business in Europe, gas business in Asia and Oceania, and thermos. The gas business in Japan segment develops and provides electronic equipment, industrial gases, and medical devices and further offers these products and gases to various manufacturers in the electronics, steel, chemicals, and transportation industries in Japan. The gas business in the United States segment offers packaged and bulk gases in the country. The gas business in Europe segment offers industrial gases and also performs helium-related business across 12 European markets, namely, Denmark, Portugal, Italy, Sweden, Netherlands, Germany, Spain, Norway Belgium, the UK, Ireland, and France. The gas business in Asia and Oceania segment provides industrial gases to manufacturers in China, India, and other South East Asian countries. Additionally, the company also has electronics-related businesses in China, Taiwan, and South Korea. The thermos segment covers household goods.

Strategy

Taiyo Nippon Sanso Corporation intends to build a robust product range. It focuses on lowering the cost of its products to broaden its target audience. It also aspires to become a major worldwide leader in the specialty gas market through acquisitions and expansions. Furthermore, the corporation works aggressively with other companies to incorporate advances and expand product reach. The organization focuses significantly on productivity to ensure a secure, dependable, and efficient supply and reduce GHG emissions during transit.

Company Snapshot

$6,676.1M

Revenue

SWOT Analysis

Strengths

  • Strategic collaborations
  • Focus on R&D
  • Robust worldwide commercial presence
  • Strong portfolio of afflicted companies
  • Strong R&D facilities
  • Fourth largest market share in the industrial gases global market

Weaknesses

  • Dependence on third-party distributors
  • Extra cost of building new supply chain and logistics network

Opportunities

  • Scope for strategic acquisitions
  • Increase in demand for hydrogen gas as it is being looked at as an environment-friendly gas
  • Expansion of applications for industrial gases such as oxygen & nitrogen

Threats

  • High competition in the global market
  • Rapid changes in hydrogen generation technology
  • Competition from other specialty gases companies
  • Supply chain disruptions
  • Decrease in industrial gas demand due to elimination and consolidation, overseas relocation, and manufacturing method changes in core industries

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Key Developments

DateApproachDevelopment
–Strategic PartnershipTaiyo Nippon Sanso partnered with Ally Hi-Tech Co., a hydrogen gas generator manufacturer. This partnership aims to increase the revenue of the companies by providing hydrogen and related services across the globe.

Product Offering

  • Taiyo Nippon Sanso Corporation
    • Hydrogen Generation

Financial Performance

Explore key financial metrics, segmented revenue, balance sheet health, and performance trends.

By Business Segment: Sales rose from USD 6,676.1 Mn in 2019 to USD 7,424.1 Mn in 2021.
Taiyo Nippon Sanso Corporation — By Business Segment
Series (USD Mn)201920202021
Sales6,676.17,884.47,424.1

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