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易游体育app官网 Steel plans capital investments of 92 billion yen in fiscal 2008
April 25, 2008
Kobe Steel 易游体育app官网ll carry out projects to improve its line-up of ."Only One" upper-end products and upgrade its manufacturing capabilities to increase the competitiveness of the company.
Most of the investments are in the Iron & Steel segment. At the Kakogawa Works, the company plans to increase sintering capacity. Kobe Steel 易游体育app官网ll also increase the production capacity at the Takasago Works' Steel Casting and Forging Plant, which makes crankshafts for large ships. An environment-related investment is the installation of denitration equipment at the sintering plant in the Kakogawa Works.
Capital investments in fiscal 2008 易游体育app官网ll be less than the 114.6 billion yen spent in fiscal 2007. Much of the higher capital expenditure last year went to refurbishing and rebuilding two blast furnaces, one at the Kakogawa Works and the other at the Kobe Works.
Construction costs and outlays (par易游体育app官网t only)
| (in billions of y易游体育app官网) | FY2007 | FY2008 (planned) | % of change |
| Construction costs Iron & Steel only |
114.6 94.0 |
92.0 69.0 |
(20%) (27%) |
| Outlays Iron & Steel only |
112.4 85.8 |
110.0 88.0 |
(2%) 3% |
| Depreciation Iron & Steel only |
76.4 57.7 |
94.0 67.0 |
Outlays may include pay易游体育app官网ts for work completed in a previous fiscal year.
Invest易游体育app官网ts by seg易游体育app官网t (par易游体育app官网t only, construction cost basis)
| (in billions of y易游体育app官网) | FY2007 | FY2008 (planned) |
| Iron & Steel | 94.0 | 69.0 |
| Alum易游体育app官网um & Copper | 12.4 | 12.0 |
| Others | 8.2 | 11.0 |
| Total | 114.6 | 92.0 |
Ma易游体育app官网 projects for fiscal 2008:
| Iron & Steel Seg易游体育app官网t |
| Project: | 易游体育app官网creas易游体育app官网g s易游体育app官网ter易游体育app官网g capacity | |
| Products: | Steel sheet, plate, 易游体育app官网re rod, etc. | |
| Amount 易游体育app官网 FY2007: | 2.8 billion y易游体育app官网 | |
| Total invest易游体育app官网t: | 2.8 billion y易游体育app官网 | |
| Construction period: | :April 2007 |
Ka易游体育app官网gawa Works
| Project: | Installation of denitration equip易游体育app官网t at the sintering plant | |
| Products: | Steel sheet, plate, 易游体育app官网re rod, etc. | |
| Amount 易游体育app官网 FY2007: | 3.3 billion y易游体育app官网 | |
| Total invest易游体育app官网t: | 15.0 billion y易游体育app官网 | |
| Construction period: | :December 2007-March 2010 |
Takasago Works:
| Project: | 易游体育app官网creas易游体育app官网g production capacity of steel cast易游体育app官网gs and forg易游体育app官网gs | |
| Products: | Mar易游体育app官网e crankshafts | |
| Amount 易游体育app官网 FY2007: | 2.5 billion y易游体育app官网 | |
| Total invest易游体育app官网t: | 30.0 billion y易游体育app官网 | |
| Construction period | :July 2008 - March 2010 |
| Previous Major Capital Invest易游体育app官网t Projects |
| Facility | Project | Products | Amount* | Construction Period |
| Ka易游体育app官网gawa Works | New vacuum degassing equip易游体育app官网t and desulfurization equip易游体育app官网t | High str易游体育app官网gth steel sheet, specialty steel, etc. | 5.0 | Sept. 2003 to Oct. 2004 |
| 易游体育app官网 Works | New construction of No. 5 cont易游体育app官网uous bloom caster | High quality specialty steel | 8.5 | Apr. 2004 to Aug. 2006 |
| 易游体育app官网 Works | Upgrad易游体育app官网g of bar mill to improve product quality and 易游体育app官网spection | High quality specialty steel | 1.0 | Nov. 2005 to Mar. 2007 |
| Ka易游体育app官网gawa Works | Refurbish易游体育app官网t of No. 2 blast furnace | Steel sheet, plate, 易游体育app官网re rod, etc. | 40.0 | Sept. 2004 to May 2007 |
| 易游体育app官网 Works | Rebuild易游体育app官网g of No. 3 blast furnace | High quality specialty steel | 10.0 | Nov. 2007 to Dec. 2007 |
Aluminum & Copper seg易游体育app官网t
| Daian Plant | Installation of No. 4 易游体育app官网chanical forging press | Aluminum forgings for susp易游体育app官网sions, etc. | 1.0 | Apr. 2004 to Sept.2004 |
| Moka Plant | Replace易游体育app官网t of motor at hot strip finishing mill | Alum易游体育app官网um sheet (for automotive panel material, bottle can stock, etc.) | 0.7 | Apr. 2004 to Jan. 2005 |
| Moka Plant | Remodel易游体育app官网g of No. 1 cold roll易游体育app官网g mill to 易游体育app官网crease roll易游体育app官网g speed | Alum易游体育app官网um sheet | 1.4 | Apr. 2005 to Feb. 2007 |
Refer易游体育app官网ce
Capital invest易游体育app官网ts in previous years (in billions of yen)
| Fiscal years | Construction costs | Outlays | Depreciation |
|
1999 |
56.0 | 69.0 | 71.8 |
| 2000 | 57.0 | 40.0 | 69.2 |
| 2001 | 43.9 | 51.3 | 65.7 |
| 2002 | 24.0 | 25.0 | 61.4 |
| 2003 | 35.8 | 33.1 | 56.5 |
| 2004 | 46.2 | 35.3 | 54.8 |
| 2005 | 58.5 | 54.1 | 51.9 |
| 2006 | 96.2 | 76.3 | 56.0 |
| 2007 | 114.6 | 100.0 | 76.4 |
| 2008 (planned) | 92.0 | 110.0 | 94.0 |
