|
TOKYO - JFE Steel Corporation today announced
its capital investment plan for the fiscal
year ending March 31, 2004.
1. Amount of Capital Investment
| (in billions
of yen) |
FY ending
March 2004
(planned) |
FY ended
March 2003
(estimated) |
Percentage
of change |
 |
 |
|
| Construction costs |
102.0 |
92.4 |
10% |
| Outlays |
93.7 |
88.8 |
6% |
| Depreciation |
115.9 |
122.4 |
(5)% |
|
|
|
| Figures in parentheses
denote decreases. |
2. Major Investment Projects
in Fiscal Year ending March 2004
| Works/projects |
Construction
period |
Total cost |
|
|
|
West Japan Works:
Relining of No.2 blast furnace
at Kurashiki |
Sep. 2003 -
Nov. 2003 |
¥19.0 billion |
 |
West Japan Works:
Construction of power generation
plant by revamping of process boilers
at Fukuyama |
Apr. 2002 -
May 2003 |
¥5.1 billion |
|
East Japan Works:
Revamping of prime motors for
No. 3 cold strip mill at Chiba |
Aug. 2002 -
Aug. 2003 |
¥2.0 billion |
|
|
|
| Additional outlays
will be allocated to small-scale facility
renovation projects and other minor investment
programs. |
Reference: Transition of Capital Investment
Amounts
Years
ended (ending)
March 31: |
Construction
costs |
Outlays |
| (in
billions of yen) |
|
|
|
| 1992 |
281.6 |
295.8 |
| 1993 |
339.2 |
318.7 |
| 1994 |
261.6 |
276.3 |
| 1995 |
228.7 |
263.7 |
| 1996 |
206.4 |
175.9 |
| 1997 |
120.4 |
122.3 |
| 1998 |
122.8 |
139.2 |
| 1999 |
136.2 |
153.9 |
| 2000 |
74.3 |
88.1 |
| 2001 |
85.0 |
82.1 |
| 2002 |
101.4 |
86.3 |
| 2003(estimated) |
92.4 |
88.8 |
| 2004(planned) |
102.0 |
93.7 |
|
|
|
| Above figures
for years ended March 31, 1992-2003 denote
the addition of NKK and Kawasaki Steel capital
investment amounts. |
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