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Kobe Steel's capital investment plans for fiscal 2009
May 14, 2009
TOKYO, May 14, 2009 - Kobe Steel, Ltd. plans to invest 118
billion yen on a nonconsolidated basis to upgrade its
plant and equipment in fiscal 2009, ending March 31, 2010.
Total investment is anticipated to increase 38% in fiscal
2009, compared with 85.3 billion yen in fiscal 2008.
In the Iron & Steel segment, the major projects
consist of the installation of nitrogen-oxide removal
equipment at the sintering plant, refurbishing the power
generation boilers, and installing additional casting
equipment and a new forging press line to increase the
production capacity of crankshafts for ships. In the
Machinery segment, the company will continue construction
of a large-capacity compressor testing facility.
In addition to environment-related projects, Kobe Steel's
capital investments are intended to expand "Only One"
high-end products and improve its manufacturing
capabilities to increase its competitive edge.
Total capital investment (parent only)
(in billions of yen)
FY2008
FY2009 (planned)
% of change
Construction basis
Iron & Steel only
85.3
68.1
118.0
102.0
38%
49%
Payment basis
Iron & Steel only
100.0
81.7
103.0
85.0
3%
4%
Depreciation
Iron & Steel only
91.1
66.0
93.0
66.0
Investment by business segment (parent only,
construction basis)
(in billions of yen)
FY2008
FY2009 (planned)
Iron & Steel
68.1
102.0
Aluminum & Copper
9.3
6.0
Others
7.9
10.0
Total
85.3
118.0
Major projects in fiscal 2009 (parent only, construction basis)
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