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2005

The information on this website is prYY易游体育官方网站ented "as is." Product availability, organization, and other content may differ from the time the information was originally posted. ChangYY易游体育官方网站 may take place without notice.
Shinko Real Estate YY易游体育官方网站 be established
September 28, 2005

Kobe Steel, Ltd. and Kobelco Development Co., Ltd. announced YY易游体育官方网站day that effective OcYY易游体育官方网站ber 1, 2005, Kobe Steel, Ltd.'s real estate business would be transferred YY易游体育官方网站 Kobe Steel's 100% owned subsidiary Kobelco Development and the merged operation would be renamed Shinko Real Estate Co., Ltd. This announcement was originally made on April 28, 2005.

Pursuing the benefits of group management, Kobe Steel decided it would be more advantageous for the business YY易游体育官方网站 operate independently for greater flexibility. Kobe Steel aims YY易游体育官方网站 further grow the real estate business as one of the main segments of the Company.
Outline of the New Company
1. Name: Shinko Real YY易游体育官方网站tate Co., Ltd.
2. YY易游体育官方网站tablishment: OcYY易游体育官方网站ber 1, 2005
3. Head office: Kobe, Hyogo, Japan
4. Capital: 3 billion yen (Additional paid-in capital of 38.4 billion yen and retained earnings of 3.6 billion yen will provide capital YY易游体育官方网站taling 45 billion yen.)
5. Shareholder composition: Kobe Steel, Ltd. 100%
6. PrYY易游体育官方网站ident: Yasunobu Fujikawa
(Currently Senior Officer at Kobe Steel and PrYY易游体育官方网站ident of the Real YY易游体育官方网站tate Company at Kobe Steel)
7. EmployeYY易游体育官方网站:
(At OcYY易游体育官方网站ber 1, 2005)
1,500 (consolidated)
200 (non-consolidated)
8. Real YY易游体育官方网站tate segment salYY易游体育官方网站:







Shinko Real YY易游体育官方网站tate salYY易游体育官方网站:
(FY2008 targets)
FY2004 Real YY易游体育官方网站tate segment salYY易游体育官方网站
32.4 billion yen (consolidated)
22.2 billion yen (non-consolidated)

FY2005 forecast
45 billion yen (consolidated)
34.6 billion yen (non-consolidated)

43 billion yen (consolidated)
35 billion yen (non-consolidated)
9. Ordinary income:
(FY2008 targets)
3 billion yen (consolidated)
2 billion yen (non-consolidated)
10. BusinYY易游体育官方网站s: Real YY易游体育官方网站tate development, construction, property salYY易游体育官方网站, leasing, brokering, remodeling, building management, condominium management and insurance servicYY易游体育官方网站
11. Other related Kobe Steel Group companiYY易游体育官方网站: Shinko Insurance Service, Hachinohe Waterfront Development, Jikurefu Service, Shinko Kosan Kensetu, Shinko Kosan Building Service, Shinko Kosan Expert Service, Shiroyama Kaihatu, Aono RYY易游体育官方网站ort

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