Concluded a contract with Yokohama Improvement Soil Center, a special purpose company

As a result of repeated negotiations between the beginning of April 2003, the Company concluded a contract with Yokohama Land Center, Inc., a special purpose company, Yokohama Land Center Co., Ltd. on June 26, 2003.

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

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

Contract period

June 26, 2015 to March 31, 2001 (extended business extension for five years from March 31, 2014)

Expansion construction period

June 26, 2015 to December 26, 2003

Operating period

From January 5, 2004 to March 31, 2004 (initial extension of business for five years from March 31, 2014)

Improved soil production capacity

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

Facility expansion costs

Approx. ¥420 million

Improved Habu Produced

Approx. 110,000m3 / Average annual

Effective use of incinerated ash

Approx. 7,000 tons/year average

Purchase price of incinerated ash

5,000 -9,500 yen/t

Sales destinations for improved soil

Assuming public works, public works, private works, etc.