Concluded a contract with the special purpose company Yokohama Improvement Land Center Co., Ltd.

In the PFI project for the improved soil plant, a contract was concluded on June 26, 2003 with Yokohama Improvement Soil Center Co., Ltd., a special purpose company, as a result of repeated negotiations from the beginning of April 2003.

[Special Purpose Company] Established on May 20, 2003
1-6-8, Suehirocho, Tsurumi-ku, Yokohama-shi
Yokohama Improvement Soil Center Co., Ltd.
Hidezo Ogama, President and CEO

[Investment]
Okutama Kogyo Co., Ltd.
JFE Plant & Service Co., Ltd.
Okutama Kensetsu Kogyo Co., Ltd.

Contract period

From June 26, 2015 to March 31, 2011 (initial extension of business for five years from March 31, 2014)

Expansion work period

From June 26, 2005 to December 26, 2005

Operation period

From January 5, 2016 to March 31, 2011 (initial extension of business for five years from March 31, 2014)

Improved soil production capacity

30m3/hr (current) → 70m3/hr (up capacity)

Facility expansion costs

Approx. ¥420 million

Improved Habu production

Approx. 110,000 m3/year average

Effective use of incinerated ash

Approx. 7,000t/annual average

Unit price of incinerated ash

5,000-9,500 yen/t

Improved soil sales destination

Public works, public works, private works, etc.