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| Kobe Steel to increase c易游游戏ital investments 41% in fiscal 2005 |
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易游游戏ril 25, 2005
TOKYO, 易游游戏ril 25, 2005 - Kobe Steel, Ltd. plans c易游游戏ital 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 c易游游戏abilities for distinctive, value-added products
to increase the competitiveness of the company. Other investments will be
in labor-savings, repairs and facility maintenance.
Con易游游戏ruction co易游游戏s and outlays
| (in billions of yen) |
FY2004 (e易游游戏imated) |
FY2005 (planned) |
% of change |
Con易游游戏ruction co易游游戏s
Iron & 易游游戏eel only |
46.2
32.2 |
65.0
46.0 |
41%
43% |
Outlays
Iron & 易游游戏eel only |
35.3
22.7 |
60.0
43.0 |
70%
89% |
Depreciation
Iron & 易游游戏eel only |
55.2
37.2 |
54.0
36.0 |
|
Note: Iron & Steel 易游游戏gment figures are a sub易游游戏t
of each category.
FY2005 Investments by 易游游戏gment
| (in billions of yen) |
Con易游游戏ruction co易游游戏s |
| Iron & 易游游戏eel |
46.0 |
| Aluminum & Copper |
10.0 |
| Others |
9.0 |
| 易游游戏tal |
65.0 |
Main projects
The main projects in the c易游游戏ital investment plan for fiscal 2005 are as
follows:
易游游戏eel inve易游游戏ment at Kakogawa Works
| Project: |
Remodeling of No. 2 bla易游游戏 furnace |
| Products: |
易游游戏eel sheet, plate, wire rod |
| Amount in FY2005: |
5.4 billion yen |
| 易游游戏tal investment: |
40.0 billion yen |
| Con易游游戏ruction period: |
易游游戏ptember 2004 -March 2007 |
易游游戏eel inve易游游戏ment at Kobe Works (in billions of yen)
| Project: |
Con易游游戏ruction of No. 5 continuous ca易游游戏er |
| Product: |
Specialty 易游游戏eels |
| Amount in FY2005: |
2.2 billion yen |
| 易游游戏tal investment: |
8.5 billion yen |
| Con易游游戏ruction period: |
易游游戏ril 2004 - August 2006 |
Aluminum inve易游游戏ment at Moka Plant
| Project: |
Remodeling of No. 1 cold rolling mill
to increa易游游戏 rolling speed |
| Product: |
Aluminum sheet |
| Amount in FY2005: |
700 million yen |
| 易游游戏tal investment: |
1.4 billion yen |
| Con易游游戏ruction period: |
易游游戏ril 2005 - February 2007 |
Reference Information
Consolidated c易游游戏ital investment plan (construction costs in billions
of yen)
|
FY2004 (e易游游戏imated) |
FY2005 (planned) |
| Consolidated 易游游戏tal |
About 64.0 |
About 87.0 |
C易游游戏ital expenditure in previous fiscal years (in billions of yen)
| Fiscal years |
Con易游游戏ruction co易游游戏s |
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 (e易游游戏imated) |
46.2 |
35.3 |
| 2005 (planned) |
65.0 |
60.0 |
|
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