KOBE STEEL, LTD
ECOWAY
Non-Consolidated Five-Year Summary
Non-Consolidated Five-Years Summary

                                                                                     Thousands of
Years ended March 31                               Millions of yen                    U.S.dollars
============================== ====================================================== ===========
                                 1995       1994        1993       1992        1991      1995
------------------------------ ---------- ---------- ---------- ---------- ---------- ----------
Net sales:
 Domestic sales................  ¥876,293   ¥867,973   ¥978,256 ¥1,087,408 ¥1,078,669 $9,807,420
 Overseas sales................   189,295    200,185    199,034    213,800    242,741  2,118,579
                               ---------- ---------- ---------- ---------- ---------- ----------
    Total net sales............ 1,065,588  1,068,158  1,177,290  1,301,208  1,321,410 11,925,999
Operating income...............    57,122     35,922     72,802    111,524    118,831    639,306
Net income(loss)...............   (95,704)    (1,013)    11,765     29,157     23,380 (1,071,114)
Total assets................... 1,924,289  2,013,185  2,086,620  2,019,463  1,951,539 21,536,530
Total stockholders' equity.....   318,151    413,855    423,429    428,735    416,691  3,560,727
                               ---------- ---------- ---------- ---------- ---------- ----------

                                                            Yen                       U.S.dollars
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Amounts per 1,000 shares:
 Net income(loss)..............  ¥(33,753)     ¥(350)    ¥4,149    ¥10,283     ¥8,288   $(377.76)
 Cash dividends applicable to
     the year..................       -           -       6,000      6,000      6,000        -
Common stock price range:
 High..........................      ¥335       ¥374        ¥351      ¥562       ¥681      $3.75
 Low...........................       220        240         250       337        433       2.46
                               ---------- ---------- ---------- ---------- ---------- ----------

For convenience only, U.S.dollar amounts in this report have been translated from Japanese yen at
the rate of ¥89.35 to US$1, the rate of exchange prevailing on March 31,1995.
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