TOKYO, May 11 (Pulse News Wire) – Chiyoda Corporation (6366.T) reported its fiscal year 2025 progress amid heightened geopolitical risks in the Middle East. The company noted two ongoing projects in Qatar and the Middle East oil and petrochemical sector remain unaffected physically but operations faced temporary delays due to sanctions and diplomatic relations uncertainties.
Despite these challenges, Chiyoda continues to implement measures to mitigate risks and ensure project continuity. In its mid-term plan “Business Plan 2025,” Chiyoda achieved significant milestones such as completing the construction and trial operation of the Golden Pass LNG project’s first series. Additionally, the company secured contracts for medium-scale projects in the Middle East and established a growth promotion department to enhance overall sales efforts.
Notably, Chiyoda received orders for large-scale solid electrolyte manufacturing facilities from Showa Shell and formed strategic partnerships aimed at mass-producing solid electrolytes. Looking ahead, Chiyoda plans to focus on recovery needs and contribute to early stabilization in affected regions. The company also highlighted investments in advanced materials and biopharmaceutical development, positioning itself for future growth opportunities.
As of March 31, 2026, the backlog stood at approximately ¥613.1 billion, slightly lower than the previous quarter but aligning with the average target set during the mid-term planning period.
🟢 Confidence: High AI-translated content.