Group Companies (As of March 31, 2008)

* Group companies subject to environmental reporting

Iron and Steel Segment

	Iron & Steel

Group companies

	OSAKA Titanium Technologies Co., Ltd.
*	Kansai Coke and Chemicals Co., Ltd. KS Summit Steel, Ltd.
*	Kobelco Eagle Marine Engineering Co., Ltd.
*	Sakai Steel Sheets Works, Ltd.
*	Sanwa Tekko Co., Ltd.
*	K.K. Shinko Energy Service
*	Shinko Engineering & Maintenance Co., Ltd.
*	Shinko Kenzai, Ltd.
*	Shinko Wire Company, Ltd.

*	Shinko Kohan Kako, Ltd.
*	Shinko Shearex Chugoku Co., Ltd.
*	Shinko Slag Products Co., Ltd.
*	Shinko Sohgo Service Ltd.
*	Kobe Special Tube Co., Ltd.
*	Kobelco Logistics, Ltd.
*	Shinko Bolt, Ltd.
*	Ceratechno Co,. Ltd.
*	Tesac Wirerope Co., Ltd.
*	Nippon Koshuha Steel Co., Ltd.

Group companies

*	Taseto Co., Ltd.
*	NI Welding Corporation
*	NI-Kobe Welding Co., Ltd.
*	Kobe Welding Wire Co., Ltd.
*	Kobelco Robotics Service Co., Ltd.
*	JFE Welding Rod Co., Ltd.

*	Shinko Actec Co., Ltd.
*	Shinko Taseto Co., Ltd.
*	Shinko Welding Service Co., Ltd.
*	Shinsho Kobe Welding Co., Ltd.
*	Hanshin Yosetu Kizai Co., Ltd.

Wholesale Power Supply

Group companies

*	Shinko Kobe Power Inc.

Aluminum & Copper

Group companies

*	Kobelco & Materials Copper Tube, Ltd.
*	Sun Aluminium Industries, Ltd.
*	Shinko Aluminium Wire Co., Ltd.
*	Shinko Daian Sohgo Service Ltd.
*	Shinko-North Co., Ltd.
*	Shinko Fab Tec, Ltd.

*	Shinko Metal Products Co., Ltd.
*	Shinko Moka Sohgo Service Ltd.
*	Shinko Leadmikk, Co., Ltd. Toyotsu Nonferrous Center Corporation
*	Niko-Aluminium Industries, Ltd.

Machinery & Engineering

Group companies

*	EarthTechnica Co., Ltd.
*	Industrial Services International Co., Ltd.
*	Aomori Technical Service Corporation
*	Kobe Heating and Cooling Supply Co., Ltd.
*	Kobelco Compressors Corporation
*	Kobelco Sanki Service Co., Ltd.
*	Shinko Air Water Cryoplant, Ltd.
*	Shinko Airtech, Ltd.

*	Kobelco Eco-Solutions Co., Ltd.
*	Shinko Inspection & Service Co., Ltd.
*	Shinko Engineering Co., Ltd.
*	Shinko Techno Engineering Co., Ltd.
*	Shinko Electric Co., Ltd.
*	Shinwa Wood Works, Ltd.
*	Transnuclear, Ltd.

Construction Machinery

Group companies

*	Kobelco Cranes Co., Ltd.

*	Kobelco Construction Machinery Co., Ltd.

Other Businesses

Group companies

*	Kobe Wing Stadium Co., Ltd.
*	I. H. D. Center Co., Ltd.
*	Kobelco Accounting Service Co., Ltd.
*	Kobelco Research Institute Inc.
*	Kobelco Systems Corporation
*	Kobelco Personnel Co., Ltd.
*	Kobelco Business Support Co., Ltd.
*	Kobelco Financial Center, Ltd.
*	Genesis Technology Inc.
*	Japan Superconductor Technology, Inc.

*	Shinko Care Life Co., Ltd.
*	Shinko JFE Industrial Co., Ltd.
*	Shinsho Corporation
*	Kobelco Human Create Co., Ltd.
*	Shinko Real Estate Co., Ltd.
*	Shinko Research Co., Ltd.
*	Shinko Lease Co., Ltd.
*	Twin Foods Co., Ltd. Japan Medical Materials Corporation

* Group companies subject to environmental reporting