U.S. FED Japan War Revaluation
Reserves Fund KOBE Metals Empire
By, Paul Collin
JAPAN - January 21, 2015 - KOBE STEEL LTD. ( KOBE /
KOBELCO ) is an international metal producer holding numerous equity-valued and
consolidated companies in the Americas, Europe, Asia and Japan.
KOBE, as one of the world's top
industrials, products include ‘metals’:
- Copper;
- Platinum Group Metals ( PGM – e.g.
Gold, Platinum, etc. );
- Platinum Group Metals ( PGM -
By-Products, e.g. Tantalum, etc. );
- Aluminum; and,
- More.
KOBE STEEL LIMITED corporate
trademark is KOBELCO.
KOBE maintains products and
services, in:
- Urban Infrastructure;
- Plant Facilities Engineering
Services;
- Industrial Machinery;
- Welding Consumables;
- Information Systems; and,
- Electronic High Technologies.
KOBE Business Development:
HISTORY -
1905 SEPTEMBER - Trading firm SUZIKI
SHOTEN founded with original capitalization of 1,400,000 million yen KOBE SEIKOSHO.
1911 JUNE – K.K. KOBE
SEIKOSHO later became known as KOBE STEEL WORKS LTD.
1917 JULY – K.K. KOBE SEIKOSHO inaugurated its MOJI
Plant."
1918 SEPTEMBER – K.K. KOBE SEIKOSHO increased capital
to 10,000,000 million yen.
1919 -
1920 FEBRUARY - K.K. KOBE SEIKOSHO inaugurated its
NISHI KAIGAN Plant ( the Wakinohama area ) and 'renamed' it KOBE WORKS LTD.
1921 FEBRUARY – Acquired its TOBA
Plant and HARIMA Plant of TEIKOKU KISEN K.K., and then changed names
respectively to:
- TOBA DENKI SEISAKUSHO ( later
known as, KOBE " TOBA PLANT " ); and,
- HARIMA ZOSENJO.
1921 APRIL - Increased capital to
20,000,000 million yen.
1922 –
1923 –
1924 –
1925 –
1926 –
1927 -
1928 OCTOBER - Decreased capital to
10,000,000 million yen to offset accumulated losses, and increased it to
20,000,000 million yen to decrease borrowings.
1929 DECEMBER - HARIMA ZOSENJO,
became its shipbuilding subsidiary HARIMA ZOSENJO K.K., of KOBE STEEL.
1937 APRIL - Inaugurated NAGOYA
Plant.
1937 JULY - Inaugurated
"Higashi Kaigan Plant," later renamed as "Iwaya Plant," and
increased capital to 45,000,000 million yen.
1939 OCTOBER - Inaugurated its
"Chofu Plant," and increased capital to 90-million yen.
1940 -
1941 MARCH - Inaugurated its
"Yamada Plant."
1942 APRIL - Inaugurated its
"Okubo Plant."
1942 JUNE - Increased capital to
180,000,000 million yen.
1943 JANUARY - Inaugurated its
"Hidaka Plant."
1943 MARCH - Acquired NIHON TESSEN
K.K., and re-named it AMAGASAKI Plant, realizing a 182,700,000 million yen
capital increase.
1943 JULY - Inaugurated KOBE
"TOKYO Plant."
1944 JANUARY - Inaugurated KOBE
"Noto Plant."
1944 APRIL - Inaugurated KOBE
"Matsuzaka Plant."
1945 MAY – KOBE acquires KOCHI Plant
from KOCHI DENKI YAKIN KOGYO.
1946 -
1947 -
1948 -
1949 JUNE - Japan enacts
"Corporate Restructuring and Improvement Law" whereby KOBE
restructures, as follows:
1949 JUNE - KOBE Chofu Plant and
Moji Plant start a separate company named SHINKO KINZOKU KOGYO K.K.
1949 JUNE – KOBE Toba Plant, Yamada
Plant, Matsuzaka Plant and Tokyo Plant became SHINKO ELECTRIC CO. LTD.
1949 JUNE - KOBE STEEL holds KOBE
Yamate, Wakinohama, Iwaya, Nagoya, Okubo, Hidaka, Amagasaki, Noto, and Kochi
Plants.
1949 JUNE - Decrease 18,027,000
million yen ( August 1949 ) in capital to offset losses from restructuring
under the law ( Corporate Restructuring and Improvement Law - June 1949 ).
1949 JUNE - Increased capital to
418,027,000 million yen ( October 1949 ) for ‘Debt Re-Payment’ of ‘Losses From
Restructuring’ ( Corporate Restructuring and Improvement Law - June 1949 ).
[ See, e.g. Law and “ REVALUATION
RESERVES ” ]
1950 SEPTEMBER – Government of Hyogo
( prefect ) provides KOBE ‘engineering contract’, and closed Noto Plant.
1951 MAY - Inaugurated its Nagato
Plant ( now known as ) CHOFU-KITA Plant.
1951 NOVEMBER - Increased capital to
836,054,000 million yen.
1952 AUGUST - Increased capital to
1,673,008,000 billion yen.
1953 SEPTEMBER - Government of Japan
Ministry of Finance conveys interest in TAKASAGO WORKS to KOBE.
1954 APRIL - "Amagasaki
Plant" becomes a subsidiary of SHINKO WIRE CO. LTD. with capital of
100,000,000 million yen.
1954 MAY - Capital increases to 3,600,000,000
billion yen, of which 334,616,000 million yen came from capital out-of
"Revaluation Reserves."
1954 JUNE - PFAUDLER ( USA )
obtained an alliance with Enameled Products Department that, with an infusion
of 135,000,000 million yen in capital, became SHINKO PFAUDLER CO. LTD. [ NOTE:
In 1989, SHINKO PFAUDLER CO. LTD. changed its name to SHINKO PANTEC CO. LTD. ]
1955 –
1956 -
1957 JANUARY – KOBE absorbs SHINKO
KINZOKU KOGYO K.K. ( separated from KOBE STEEL in August 1949
) increasing KOBE capital to 3,984,000,000 Billion yen.
1957 FEBRUARY - The Construction
Department becomes a subsidiary firm SHINKO KOJI K.K. with a capital of
5,000,000 million yen.
1957 AUGUST - Increases capital to
7,968,000,000 Billion yen.
1958 -
1959 JANUARY - Inaugurates KOBE
"KOBE WORKS" in Nadahama, as an integration of KOBE STEEL WORKS.
1959 OCTOBER - Increases capital to
12,000,000,000 billion yen ( $796,008,000 million ) from “Revaluation
Reserves.”
1960 APRIL - Inaugurated KOBE
Central Research Laboratory.
1960 SEPTEMBER - Increases KOBE
capital to 20,000,000,000 billion yen, opening its America liaison office in
New York ( USA ).
1960 NOVEMBER - Opens its Germany
liaison office in Düseldorf ( Germany ).
1961 MARCH - Inaugurated its
"Fujisawa Plant."
1961 AUGUST - Increased capital to
32,000,000,000 Billion yen.
1961 OCTOBER - Inaugurates its
"Ibaraki Plant" in Osaka, Japan.
1962 MARCH - Closes its "Yamate
Plant," transferring production equipment to its "Ibaraki
Plant."
1962 MAY - Inaugurates its
"Okubo-Nishi Plant," and later re-names it "Akashi Plant."
1962 SEPTEMBER - Increases capital
to 43,002,000,000 billion yen, and gets 2,024,000,000 billion yen in capital
from "Revaluation Reserves."
1963 -
1964 SEPTEMBER - Inaugurates its
"Asada Research Laboratory."
1965 APRIL – KOBE absorbs
"Amagasaki Steel Co., Ltd.," increasing capital to 58,000,000,000
Billion yen, and adds three ( 3 ) plants ( i.e. Amagasaki Plant, Sakai Plant,
and Kure Plant ).
1965 APRIL - Changes name of KOBE
STEEL WORKS LTD. to KOBE STEEL LTD.
1965 OCTOBER - Increases capital to
58,000,000,000 billion yen, again coming from "Revaluation Reserves."
1966 FEBRUARY – Government of Japan
Ministry of Construction approves KOBE as a “Constructor.”
1966 OCTOBER - Sells its "Sakai
Plant" to NISSHIN STEEL.
1967 APRIL - Inaugurates its
"Hatano Plant."
1968 APRIL - Inaugurates its
"Kakogawa Plate Mill."
1969 AUGUST - Inaugurates its
"Moka Plant."
1970 MARCH - Inaugurates its
"Kakogawa Works."
1970 APRIL - Inaugurates KOBE
Structural Engineering Research Laboratory.
1970 JULY - Inaugurates its
"Saijo Plant."
1970 OCTOBER - Increases capital to
76,154,000,000 Billion yen.
1971 DECEMBER – Government of Japan
Ministry of Construction approves KOBE as a “Specialty Constructor.”
1972 –
1973 –
1974 -
1975 MAY - Increases capital to
101,284,082,000,000 Trillion yen.
1975 SEPTEMBER - Inaugurates KOBE Fukuchiyama
( Fukushima ) Plant.
1976 NOVEMBER - Opens liaison office
in Los Angeles, California ( USA ) and Singapore.
1977 FEBRUARY - Opens liaison office
in Sharjah, United Arab Emirates ( UAE ).
1977 JULY - Inaugurates KOBE
Mechanical Engineering Research Laboratory.
1978 AUGUST - Opens liaison office
in London, United Kingdom ( England ).
1979 –
1980 -
1981 FEBRUARY - Opens liaison office
in Mexico City, Mexico.
1981 APRIL - Incorporates its
liaison offices in New York and Los Angeles, California ( USA ) in America
under the U.S. corporate name of, KOBE STEEL AMERICA INC.
1982 -
1983 JANUARY - Opens liaison office
in Melbourne, Australia.
1983 JULY - Invests in YUTANI HEAVY
INDUSTRIES LTD.
1984 MARCH - Closes its "Kochi
Plant."
1984 OCTOBER - Incorporates its
liaison office in London, UK office, as KOBE STEEL EUROPE LTD. as one of its
European subsidiaries.
1984 NOVEMBER - Moves its liaison
office in Sharjah ( UAE ) to Bahrain, incorporating it as, KOBELCO MIDDLE EAST
( E.C. ), as its Middle East subsidiary.
1985 AUGUST - Inaugurates its
"Biotechnology Research Laboratory."
1986 JANUARY - Opens its liaison
office in Beijing, China.
1987 JULY - Construction of its
first-phase ( 1st phase ) is completed of KOBE CORPORATE RESEARCH
LABORATORIES at the Seishin Industrial Park in Kobe, Japan.
1987 SEPTEMBER - Upgrades eight ( 8
) domestic ( Japan ) offices to, sales offices.
1987 OCTOBER - Closes its
"Amagasaki Plant."
1987 NOVEMBER - Closes its
"Kure Plant."
1987 DECEMBER - Inaugurates its
"HARIMA Plant."
1988 APRIL - Changes its America
headquarters ( in New York, USA ) name from KOBE STEEL AMERICA INC. to KOBE
STEEL USA INC.
1988 APRIL - Closes its "Moji
Plant."
1988 SEPTEMBER - Closes its
"Hidaka Plant."
1988 OCTOBER - Inaugurates its KOBE
STEEL EUROPE LTD. ‘Research Laboratory’ in Surrey, United Kingdom ( UK ).
1989 - SHINKO PFAUDLER CO. LTD. (
see above ) changed its name to SHINKO PANTEC CO. LTD.
1990 APRIL - Opens its liaison
office in Moscow, Russia. Upgrades its Nagoya, Japan sales office to its
'branch' office. Moves its "Biotechnology Research Laboratory" from
Kobe, Japan to its Tsukuba Research Laboratory, then inaugurated.
1990 APRIL - Inaugurates KOBE
Electronic Materials Center at Research Triangle Park ( North Carolina, USA ).
1990 JULY - KOBE STEEL CO. with
UNITED STATES STEEL ( U.S. STEEL ), establishes an equal partnership joint
venture with USX CORPORATION.
1990 NOVEMBER – KOBE issues
200,000,000 million additional stock certificate shares at market price.
1991 JANUARY - A joint venture is
established between KOBE STEEL LTD. and ALCOA INC. named KSL ALCOA
ALUMINUM CO. LTD. ( KAAL - KOBE ALCOA ALUMINUM CO. LTD. ) that produces and
markets 'aluminum can' stock.
1992 JANUARY – KOBE sells real
estate ( 21,660 square meters ) with plant, buildings and offices ( totaling
2,513-square meters within the Nakahamacho prefecture, Amagasaki prefecture,
and Hyogo prefecture to DAIDO SANSO K.K.
1992 APRIL – KOBE consolidates its
research facilities in a new complex called "KOBE CORPORATE RESEARCH
LABORATORIES ( Seishin Industrial Park, Kobe, Japan ).
1992 MAY – KOBE moves iron and steel
division “Iron and Steel Technology Laboratories” nearer to its "Kakogawa
Works."
1992 OCTOBER - KOBE STEEL stock
shares are listed on the London Stock Exchange, and began trading KOBE STEEL
Over-The-Counter ( OTC ) stock market shares - established by American
Depository Receipt ( ADR ) - an 'unlisted facility' - through the BANK OF
NEW YORK ( BONY ) in USA.
1992 NOVEMBER - Inaugurates its TOYOHASHI
FA and ‘Robotics Center’.
1993 JANUARY – KOBE closes its
Mexico City, Mexico office.
1993 MAY - Integrates its three ( 3
) machinery plants in Takasago Works and the Iwaya Plant into the completed
Industrial Machinery Plant.
1995 JANUARY - Earthquake (
Hanshin-Awaji earthquake ) caused financial damage equivalent 102,000,000,000
billion yen to the headquarters office of KOBE STEEL, KOBE WORKS, and KAKOGAWA
WORKS.
1995 FEBRUARY - After the earthquake
shutdown ( January 1995 ), partially resumes its operation of rolling steel
stock facilities at KOBE WORKS.
1995 MARCH - Closes its "Nagoya
Plant" after "Daian Plant" begins full operation.
1995 APRIL - After earthquake (
January 1995 ) reconstruction of KOBE headquarters is established for restoring
operations.
1996 FEBRUARY - Invests in DAIKAN
CORPORATION, a steel drum producer.
1996 MARCH - Sells land portions in
Ohama, Amagasaki and Wakinohama, and Iwaya areas in Kobe, Japan.
1996 APRIL - Turned the specialty
steel tube and pipe business into KOBE SPECIAL TUBE CO. LTD. and the cutting
tool business into SHINKO KOBELCO TOOL CO. LTD.
1998 OCTOBER - KOBE business
affiliation with TEXAS INSTRUMENTS INC. in their KTI Semiconductor firm is
dissolved. KOBE changes that name to KMT SEMICONDUCTOR LTD. as it began a joint
venture with its new partner MICRON TECHNOLOGY INC. ( MTI ).
1999 MARCH - Closes its Toyohashi FA
and Robotics Center.
1999 APRIL - Turns ‘divisions’ into
‘internal companies’, and introduces a system of corporate officers.
1999 MAY - Groups scattered offices
of Tokyo Head Office into one ( 1 ) building in Kita-Shinagawa, Tokyo.
1999 JULY - MITSUBISHI CORPORATION
broad alliance with KOBE forms their "Materials Corporation" and
their MITSUBISHI SHINDOH CO. LTD. for 'copper' [ and Platinum Group Metals /
PGM, e.g. gold, platinum, etc. ) metal products.
1999 OCTOBER - Consolidates its
KOBELCO CONSTRUCTION MACHINERY LTD. ( and subsidiaries ) and YUTANI HEAVY
INDUSTRIES LTD. into a new subsidiary KOBELCO CONSTRUCTION MACHINERY CO. LTD.
1999 DECEMBER - NOF CORPORATION
established into a joint venture called SHINKO TASETO CO. LTD. to manufacture
welding materials for stainless steels.
2000 MAY - Issues one ( 1 ) share of
stock in KOBE STEEL LTD. for one ( 1 ) share of stock in KOBELCO CONSTRUCTION
MACHINERY CO. LTD. ( per stock share par value: 50 yen ). In total, 545,100
shares of stock were issued, and capital was increased to 213,667,024,000
Billion yen.
2000 APRIL - Robot painting business
went to KAWASAKI HEAVY INDUSTRIES LTD., and its “robotic business” ( see above
) ‘handling’ went to OKURA YUSOKI CO. LTD.
2000 APRIL - Increased equity in
affiliate NIPPON KOSHUHA STEEL CO. LTD. from 30.6% to 51%, and turned NIPPON
KOSHUHA STEEL CO. LTD. into a subsidiary. NIPPON KOSHUHA STEEL CO. LTD.
marketing rights and steel making operations for ‘bearing’ steel were
transferred to KOBE STEEL.
2000 SEPTEMBER - Transferred its
engineering plastics business to MITSUBISHI ENGINEERING-PLASTICS CORPORATION.
2000 DECEMBER - Signs a basic
Agreement with SUMITOMO LIGHT METAL INDUSTRIES LTD. forming broad alliance in
the aluminum extrusion business.
2000 DECEMBER - Signs cooperative
agreement with U.S. STEEL ( UNITED STATES STEEL ) for ‘research and
development’ ( R&D ) in the field of ‘automotive sheet steel’ technology.
2001 MAY - Management rights in KMT
SEMICONDUCTOR were placed under control of KOBE joint venture partner MICRON
TECHNOLOGY INC. ( MTI ) transferring 75% KOBE equity in KMT to MTI.
2001 AUGUST - Establishes
"Shinko Kobe Power Inc." and transferred its wholesale power supply
business at Kobe Works to Shinko Kobe Power Inc..
2001 SEPTEMBER - Signs final
agreement with "Kobelco Construction Machinery Co. Ltd." and CNH
GLOBAL N.V. ( firm, of: FIAT Group ) to form their global alliance for
construction equipment.
2001 SEPTEMBER - Transfers its
Kobelco Construction Machinery Co. Ltd. BGA and CSP printed circuit board
inspection equipment business to "DAI-NIPPON SCREEN MANUFACTURING CO. LTD.
2001 DECEMBER - Forms alliance with
"Nippon Steel Corporation" to improve the competitiveness of the two
( 2 ) companies through mutual support in ‘raw materials procurement’ and
‘logistics’.
2001 DECEMBER - Forms strategic
global cooperation pact for specialty steel wire rod and bar used in automotive
applications with the LUCCHINI Group ( Italy ), the top manufacturer of
specialty steel long products in Europe.
2002 JANUARY - Signs cooperation
agreement with VOESTALPINE STAHL GMBH ( Austria ) for ‘automotive sheet steel’
technologies.
2002 MARCH - Absorbs real estate
subsidiary, "Shinko Kosan Ltd., establishing a real estate company, increasing
by 1.5 billion yen capitalization of KOBE STEEL to 215,000,000,000 Billion yen.
2002 MAY - The 700,000 KiloWatt ( KW
) No. 1 Power Plant of Shinko Kobe Power Inc. began its commercial operation.
2002 MAY - Agrees with
"Kawasaki Steel Corporation" to form an alliance to strengthen both
companies welding business areas, including research and development of welding
consumables, production, and procurement.
On January 31, 2003 KOBE corporate
capital totaled: 218,100,000,000 Billion yen.
On September 30, 2002, KOBE
employees totaled: 27,179.
Cordially submitted for review and
commentary by,
Unwanted Publicity Intelligence
Paul Collin
E-MAIL: UnwantedPublicity@Gmail.Com
REFERENCE
