Annual Report 2002 [PDF/1.6MB]

More documents

Recommendations

Info

Machinery BusinessCreative Versatility Spanning Core Manufacturing Facilities,Cogeneration Equipment And The EnvironmentFrom Large-Scale Plants To Large-Scale Roller CoastersMachinery is an integral part of our everyday lives aswell as the driving force behind all industrialdevelopments. We sell a wide range of machinery inJapan and elsewhere, dealing in large-scale machineryfor steelworks and electric power plants, generalmanufacturing machinery, ships, and even rollercoasters for amusement parks. Our machine productscover a broad spectrum of sizes and applications.[ Steelworks Plants ] We handle import and exportof blast furnaces, coke ovens, electric furnaces,continuous slab casting machines, hot rolling mills,galvanizing equipment, various steel processingmachines and related equipment. In joint ventures withKawasaki Steel Corporation, we have participated inoverseas projects such as the construction of asintering plant in the Philippines, steelworks in Brazil,and a galvanizing line in Korea.[ Power Plants ] We are participating in an electricpower substation construction project in Iran. We alsohave interests in supplying collector plants to thePhilippines and Thailand as well gas turbine electricgenerators to Malaysia.No.3 hot mill at the Kawasaki Steel Corporation's Chiba Steelworks[ Steelworks Equipment and Materials ] Weprovide design and manufacturing equipment toKawasaki Steel Corporation in Tokyo, Chiba, Osaka,Chita and Okayama, can manufacturing equipment,rolls for various rolling mills and chemicals includingimported products. At the same time, we also exportmaterials and equipment to overseas steelworks.[ Industrial Machinery ] We supply the domesticmarket with general manufacturing machinery, andalso export it. Recently, we have been focusing on theexport of glass processing equipment.[ Utilities ] We supply electric power generators andpower distributors for buildings, factories andhospitals, as well as air conditioning equipment andmedical gas equipment. Recently, we have also beenconcentrating on cogeneration plant equipment forlocal heating and air-conditioning in Japan, and havethe organization to provide sufficient supplies to othercountries with high energy demands.[ Ships ] We have interests in shipbuilding, act as anintermediary in ship chartering, and provide financingfor shipbuilding. At the same time, our operationsextend to the marine transportation business, in whichwe own a fleet of charter ships.[ Amusement Park Rides ] With respect to rollercoasters, we hold the top position in the industry. Sofar we have supplied well- known amusement andtheme parks nationwide with over 200 of the latestrides from European and American manufacturers.Galvanizing line in KoreaElectric furnaceWork roll for hot strip millsCogeneration equipmentGlass processing machines20
Domestic SteelOverseas SteelTerre Armée Civil EngineeringRaw Materials, Fuels & ChemicalsFoodsMachineryElectronicsAerospaceLending A Hand With The Modern"Silk Road"We are involved in the Japanese government's ODA(Official Development Assistance) initiative fordeveloping countries. As a participant in the freecapital investment cooperation and technologicalassistance program, we have been highly praisedby the government and regional cooperatives forsupplying precision equipment and measuringinstruments as well as automobile equipment andmaterials.In 2001, in a joint development venture withKawasaki Steel Corporation and other concerns, wecompleted a four-year railroad improvement projectin the Republic of Kazakhstan without any accidentsor problems, thereby contributing to theadvancement of the modern "Silk Road".A Serious Commitment To Electric PowerVending and Environmental ProjectsIn a joint venture with Mitsui Engineering &Shipbuilding Co., Ltd., in 1999, we took our firststep to becoming an independent power producer(IPP) for the Electric Power Agency of Sri-Lanka.This is Kawasho's first venture into the powergeneration business. In <strong>2002</strong>, the power plant hasbeen able to meet about 8% of Sri Lanka'selectricity demand.In the environmental field, as concern mounts overthe problem of dioxins, Kawasho is promoting thesale of a next-generation garbage incinerationsystem, known as the Thermo-Select System,which is manufactured by Thermo-Select S.A., aSwiss company that has a technical tie-up withKawasaki Steel Corporation.Control room at the facilitiesProject to improve the railway systemin the Republic of KazakhstanChemical tankerMajor Products Handled"Steel Dragon 2000" (Nagashima Spaland),the world's largest roller coaster, as certifiedby the Guinness Book of Records 2000Barge-type power generating facilities started operating in Sri LankaThermo-Select System at Kawasaki Steel Corporation's Chiba SteelworksSteel manufacturing machinery, steel manufacturingmaterials, metal processing machinery, constructionmachinery, boilers, turbines, industrial vehicles,haulage equipment, food processing equipment,environmental equipment, electrical equipment,amusement park equipment, ropeway equipment,steel plants, heavy electricity plants, environmentprotection equipment, hospital facilities, distributionsystems, water supply and sewage systems, portfacilities and similar plants, ship building, sale andpurchase of used ships, dismantling ships, shiprepairs, ship equipment and other products21
Page 2 and 3: COMPANY PROFILEOriginally founded i
Page 5 and 6: BUSINESS ENVIRONMENTDuring the year
Page 7 and 8: position as a leading steel trader,
Page 9 and 10: REVIEWS OF OPERATIONSDOMESTIC STEEL
Page 11 and 12: Domestic SteelOverseas SteelTerre A
Page 19: Domestic SteelOverseas SteelTerre A
Page 27 and 28: All Domestic Kawasho Offices Acquir
Page 29 and 30: CONSOLIDATED BALANCE SHEETSKawasho
Page 31 and 32: CONSOLIDATED STATEMENTS OF OPERATIO
Page 33 and 34: CONSOLIDATED STATEMENTS OF CASH FLO
Page 35 and 36: NOTES TO CONSOLIDATED FINANCIAL STA
Page 37 and 38: 2. SUMMARY OF SIGNIFICANT ACCOUNTIN
Page 39 and 40: 4. SHORT-TERM BORROWINGS AND LONG-T
Page 41 and 42: 6. ACCRUED RETIREMENT BENEFITSThe f
Page 43 and 44: 10. LEASE TRANSACTIONSFinance lease
Page 45 and 46: 11. DERIVATIVE FINANCIAL INSTRUMENT
Page 47 and 48: 12. SEGMENT INFORMATIONThe Companie
Page 49: JapanThousands of U.S. DollarsOther
Page 52 and 53: IndonesiaMiddle EastNorth AmericaJA
Page 54 and 55: COMPANY DATANameKAWASHO CORPORATION

Annual Report 2002 [PDF/1.6MB]

You also want an ePaper? Increase the reach of your titles

Delete template?

Save as template?