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デュエルビッツ 入金不要ボーナスpital investments 41% in fiscal 2005
April 25, 2005

TOKYO, April 25, 2005 - デュエルビッツ 入金不要ボーナス, Ltd. plans capital investments of 65 billion yen in fiscal 2005, ending March 2006, up 41% from the estimated 46.2 billion yen invested in fiscal 2004.

Most of the investments will be centered on the Iron &Steel segment and the Aluminum and Copper segment. The projects are focused on remodeling a blast furnace for the stable production of steel products and improving the production technology capabilities for distinctive, value-added products to increase the competitiveness of the company. Other investments will be in labor-savings, repairs and facility maintenance.

Construction costs and outlays
(in billions of yen) デュエルビッツ 入金不要ボーナス4 (estimated) デュエルビッツ 入金不要ボーナス5 (planned) % of change
Construction costs
Iron & Steel only
46.2
32.2
65.0
46.0
41%
43%
Outlays
Iron & Steel only
35.3
22.7
60.0
43.0
70%
89%
Depreciation
Iron & Steel only
55.2
37.2
54.0
36.0
Note: Iron & Steel segment figures are a subset of each category.

デュエルビッツ 入金不要ボーナス5 Investments by segment
(in billions of yen) Construction costs
Iron & Steel 46.0
Aluminum & Copper 10.0
Others 9.0
Total 65.0

Main projects
The main projects in the capital investment plan for fiscal 2005 are as follows:

Steel investment at Kakogawa Works
Project: Remodeling of No. 2 blast furnace
Products: Steel sheet, plate, wire rod
Amount in デュエルビッツ 入金不要ボーナス5: 5.4 billion yen
Total investment: 40.0 billion yen
Construction period: September 2004 -March 2007

Steel investment at Kobe Works (in billions of yen)
Project: Construction of No. 5 continuous caster
Product: Specialty steels
Amount in デュエルビッツ 入金不要ボーナス5: 2.2 billion yen
Total investment: 8.5 billion yen
Construction period: April 2004 - August 2006

Aluminum investment at Moka Plant
Project: Remodeling of No. 1 cold rolling mill to increase rolling speed
Product: Aluminum sheet
Amount in デュエルビッツ 入金不要ボーナス5: 700 million yen
Total investment: 1.4 billion yen
Construction period: April 2005 - February 2007


Reference Information


Consolidated capital investment plan (construction costs in billions of yen)
デュエルビッツ 入金不要ボーナス4 (estimated) デュエルビッツ 入金不要ボーナス5 (planned)
Consolidated total About 64.0 About 87.0

Capital expenditure in previous fiscal years (in billions of yen)
Fiscal years Construction costs Outlays
1996 66.0 76.0
1997 57.0 47.0
1998 77.0 69.0
1999 56.0 69.0
2000 57.0 40.0
2001 43.9 51.3
2002 24.0 25.0
2003 35.8 33.1
2004 (estimated) 46.2 35.3
2005 (planned) 65.0 60.0

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