Annual Report 2004 [PDF/1.1MB]

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Machinery Business Creative Versatility Spanning Core Manufacturing Facilities, And Cogeneration Equipment Blast furnace at JFE Steel Corporation's West Japan Works Machinery business centering on supply to JFE Steel Our sale of machinery has grown mainly alongside the building and expansion of facilities of JFE Steel’s (formerly Kawasaki Steel’s) Chiba Steelworks, which was erected in 1951, and the Mizushima Steelworks, which was established in 1961. The business area extends beyond Japan to include procurement of machinery in other countries. We capitalize on the company’s expertise in trading and networking, and run a ship business that includes the sale of newly built vessels. [ Steelworks Machinery & Equipment ] Hot mill at JFE Steel Corporation's East Japan Works We deal with blast furnaces, coke ovens, electric furnaces, continuous slab casting machines, hot rolling mills, galvanizing equipment, various metal processing machines and other equipment. In addition, we supply design and manufacturing equipment to JFE Steel Corporation In Tokyo, Chiba, Osaka, Chita and Okayama, can manufacturing equipment, rolls for various rolling mills, and chemicals including imported products. At the same time, we also export materials and equipment to overseas steelworks. [ Ships ] In markets spanning Southeast Asia to Europe, we act as an intermediary in ship chartering and in the sale of both newly built and second-hand ships, with the focus on vessels for transporting automobiles and chemical tankers. In addition to the sale of mainly Japanese vessels for scrap to the Chinese market, our operations also extend to the marine transportation business, in which we own a fleet of charter ships. Galvanizing line Electric furnace [ Building Facilities ] We supply electric power generators and power distributors for buildings, factories and hospitals, as well as air conditioning, medical gas and other equipment. In light of the attention attracted by cogeneration plant equipment over recent years, we are also establishing the organization required to meet a wide range of customer needs. Work roll for hot strip mills 26
Domestic Steel Overseas Steel Terre Armée Civil Engineering Raw Materials Chemicals & Fuels Foods & General Materials Machinery Electronics Also contributing to local development [ Official Development Assistance (ODA)] We are involved in the Japanese government's ODA (Official Development Assistance) initiative for developing countries. As a participant in the free capital investment cooperation and technological assistance program, we have been highly praised by the government and regional cooperatives for our positive efforts to supply materials such as steel bars, cement and asphalt, as well as machinery and other materials. [ Electric Power Business ] In a joint venture with Mitsui Engineering & Shipbuilding Co., Ltd., in 1999, we took our first step to becoming an independent power producer (IPP) for the Electric Power Agency of Sri-Lanka. This is Kawasho's first venture into the power generation business. In 2002, the power plant has been able to meet about 8% of Sri Lanka's electricity demand. Chemical tanker Control room at the facilities Barge-type power generating facilities started operating in Sri Lanka Cogeneration equipment Major Products Handled Blast furnaces, coke ovens, oxygen facilities, continuous slab casting machines, hot rolling mills, galvanizing equipment and steel manufacturing machinery, roll, lubricating oil, bearing, electric cable and steel manufacturing materials, metal processing machinery, boilers, turbines, electrical equipment, hospital facilities, building facilities, factory facilities, various new ship building, sale and purchase of used ships, scrapping ships, ship repairs, ship equipment and other products 27
Page 1 and 2: KAWASHO CORPORATION ANNUAL REPORT 2
Page 3 and 4: FINANCIAL HIGHLIGHTS Kawasho Corpor
Page 5 and 6: crease of 2,057 million. Recurring
Page 7 and 8: CORPORATE TOPICS August 2, 2004 Est
Page 9 and 10: Director : Tsutomu Yajima (currentl
Page 11 and 12: 2. Consolidation and reorganization
Page 13 and 14: REVIEWS OF OPERATIONS DOMESTIC STEE
Page 15 and 16: Domestic Steel Overseas Steel Terre
Page 25: Domestic Steel Overseas Steel Terre
Page 31 and 32: CORPORATE OFFICER (As of June 18, 2
Page 33 and 34: CONSOLIDATED BALANCE SHEETS Kawasho
Page 35 and 36: CONSOLIDATED STATEMENTS OF OPERATIO
Page 37 and 38: CONSOLIDATED STATEMENTS OF CASH FLO
Page 39 and 40: NOTES TO CONSOLIDATED FINANCIAL STA
Page 41 and 42: j. Leases The Companies lease certa
Page 43 and 44: 4. SHORT-TERM BORROWINGS AND LONG-T
Page 45 and 46: 6. ACCRUED RETIREMENT BENEFITS The
Page 47 and 48: The effective tax rate reflected in
Page 49 and 50: Future minimum lease payments as of
Page 51 and 52: (2) Commodities Millions of yen 200
Page 53 and 54: Thousands of U.S. dollars Steel Raw
Page 55 and 56: 15. LITIGATION The "Royal Palm Reso
Page 58 and 59: World Network WORLD NETWORK - 60 MA
Page 60 and 61: Singapore SINGAPORE BRANCH 3 Shento
Page 62: COMPANY DATA Name KAWASHO CORPORATI

Annual Report 2004 [PDF/1.1MB]

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