TOKYO, April 27, 2004 - Kobe Steel, Ltd. plans capital investments
of 42 billion yen in fiscal 2004, ending March 2005. This is 17% more than the
estimated 36 billion yen invested in fiscal 2003.
The bulk of the investments will be centered in the Iron &
Steel segment and the Aluminum and Copper segment. The projects will focus on
improving the production technology capabilities for distinctive, value-added
products to increase the competitiveness of the company. Other investments will
be in labor-savings, repairs and facility maintenance.
Construction costs and outlays
| (in billions of yen) |
FY2003
(estimated) |
FY2004
(planned) |
% of
change |
|
| Construction costs |
36.0 |
42.0 |
17% |
| Iron & Steel only |
23.0 |
29.0 |
26% |
|
| Outlays |
33.0 |
37.0 |
12% |
| Iron & Steel only |
21.0 |
25.0 |
19% |
|
| Depreciation |
57.0 |
55.0 |
|
| Iron & Steel only |
38.0 |
37.0 |
|
|
| Note: Iron & Steel figures
form a subset of each category. |
FY2004 Investments by Segment
| (in billions of yen) |
Construction
costs |
| Iron & Steel |
29 |
|
| Aluminum & Copper |
8 |
|
| Others |
5 |
|
| Total |
42 |
|
Main Investments
The main investments in the capital
investment plan for fiscal 2004 are listed below.
Steel investments at Kakogawa Works (in billions of
yen)
| Project: |
Installation of new vacuum degassing equipment and
desulfurization equipment |
| Products: |
High strength steel, specialty
steel |
| Amount in FY2004: |
4.9 |
| Total investment: |
5.0 |
| Construction period: |
September 2003 - October 2004 |
| Project: |
Installation of shape control system at plate
mill |
| Product: |
TMCP plate |
| Amount in FY2004: |
1.0 |
| Total investment: |
1.0 |
| Construction period: |
June 2003 - December
2004 |
Aluminum investments (in billions of yen)
Daian
Plant
| Project: |
Installation of No. 4 mechanical forging
press |
| Product: |
Forged parts for automotive
suspensions |
| Amount in FY2004: |
1.0 |
| Total investment: |
1.0 |
| Construction period: |
April 2004 - September
2004 |
Moka Plant
| Project: |
Replacement of motor at hot finishing
mill |
| Products: |
All sheet products including sheet for automotive
panels and bottle can stock |
| Amount in FY2004: |
0.7 |
| Total investment: |
0.7 |
| Construction period: |
April 2004 - January
2005 |
Reference Information
Consolidated Capital Investment Plan (construction costs
in billions of yen)
|
FY2003
(estimated) |
FY2004
(planned) |
| Consolidated total: |
about 100 |
about 60 |
| Includes non-consolidated: |
36 |
42 |
| Includes IPP |
56 |
0 |
Capital investments over the past 10 years (in billions
of yen)
|
Fiscal years |
Construction costs |
Outlays |
| 1995 |
63 |
60 |
| 1996 |
66 |
76 |
| 1997 |
57 |
47 |
| 1998 |
77 |
69 |
| 1999 |
56 |
69 |
| 2000 |
57 |
40 |
| 2001 |
43.9 |
51.3 |
| 2002 |
24 |
25 |
| 2003(estimated) |
36 |
33 |
| 2004(planned) |
42 |
37 |
Back to Top
