|
|
Back Number > > Topics > > 2005 > > April
|
|
|
| |
| The information on this website is presented "as is." Product availability, organization, and other content may differ from the time the information was originally posted. Changes may take place without notice. |
| Kobe Steel to increase capital investments 41% in fiscal 2005 |
|
April 25, 2005
TOKYO, April 25, 2005 - Kobe Steel, Ltd. plans capital investments of 65
billion yen in fiscal 2005, ending March 2006, up 41% from the estimated
46.2 billion yen invested in fiscal 2004.
Most of the investments will be centered on the Iron &Steel segment
and the Aluminum and Copper segment. The projects are focused on remodeling
a blast furnace for the stable production of steel products and 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) |
FY2004 (estimated) |
FY2005 (planned) |
% of change |
Construction costs
Iron & Steel only |
46.2
32.2 |
65.0
46.0 |
41%
43% |
Outlays
Iron & Steel only |
35.3
22.7 |
60.0
43.0 |
70%
89% |
Depreciation
Iron & Steel only |
55.2
37.2 |
54.0
36.0 |
|
Note: Iron & Steel segment figures are a subset
of each category.
FY2005 Investments by segment
| (in billions of yen) |
Construction costs |
| Iron & Steel |
46.0 |
| Aluminum & Copper |
10.0 |
| Others |
9.0 |
| Total |
65.0 |
Main projects
The main projects in the capital investment plan for fiscal 2005 are as
follows:
Steel investment at Kakogawa Works
| Project: |
Remodeling of No. 2 blast furnace |
| Products: |
Steel sheet, plate, wire rod |
| Amount in FY2005: |
5.4 billion yen |
| Total investment: |
40.0 billion yen |
| Construction period: |
September 2004 -March 2007 |
Steel investment at Kobe Works (in billions of yen)
| Project: |
Construction of No. 5 continuous caster |
| Product: |
Specialty steels |
| Amount in FY2005: |
2.2 billion yen |
| Total investment: |
8.5 billion yen |
| Construction period: |
April 2004 - August 2006 |
Aluminum investment at Moka Plant
| Project: |
Remodeling of No. 1 cold rolling mill
to increase rolling speed |
| Product: |
Aluminum sheet |
| Amount in FY2005: |
700 million yen |
| Total investment: |
1.4 billion yen |
| Construction period: |
April 2005 - February 2007 |
Reference Information
Consolidated capital investment plan (construction costs in billions
of yen)
| |
FY2004 (estimated) |
FY2005 (planned) |
| Consolidated total |
About 64.0 |
About 87.0 |
Capital expenditure in previous fiscal years (in billions of yen)
| Fiscal years |
Construction costs |
Outlays |
| 1996 |
66.0 |
76.0 |
| 1997 |
57.0 |
47.0 |
| 1998 |
77.0 |
69.0 |
| 1999 |
56.0 |
69.0 |
| 2000 |
57.0 |
40.0 |
| 2001 |
43.9 |
51.3 |
| 2002 |
24.0 |
25.0 |
| 2003 |
35.8 |
33.1 |
| 2004 (estimated) |
46.2 |
35.3 |
| 2005 (planned) |
65.0 |
60.0 |
|
Back to Top
