KAJIMA Annual Report 2004back to Index
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Domestic Operations - Building Construction and Architectural Design
Building Construction Japan's Leading Firm
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Shiodome Media Tower - Marunouchi Trust Tower North - The Yokohama Towers
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Kajima is the leader of the Japanese construction industry, known for its high-quality services and superior levels of client satisfaction. This reputation is based on Kajima's unequaled capacity to manage single or complex projects such as high-rise office buildings, commercial structures, production and distribution facilities, housing, educational facilities, and medical and welfare centers. The Company provides the full range of construction-related services, including general contracting, design-build, and construction management, depending on a client's needs.

Kajima is also known for the revolutionary solutions it provides for clients and society, including energy-saving and environmentally friendly buildings, long-life, flexible-design high-rise condominiums that can be used for over 100 years, and the latest seismic control technologies.

Market Conditions and Business Performance
Although overall demand for construction in Japan remained on a downward trend in the term under review, the private-sector construction market grew stronger in both the manufacturing and non-manufacturing sectors due to an increase in corporate investment in plant and equipment. Kajima capitalized on this positive trend to increase the value of building construction contracts awarded by 10.4% year on year to yen801.7 billion.

Future Outlook and Priorities
As the construction market continues to shrink and client requirements become ever more sophisticated, Kajima is focused on growing its market share and enhancing profitability by leveraging the Company's superior quality and proprietary technologies. Kajima will promote the diversification of its earnings sources in the construction business by strengthening its efforts in life-cycle management (LCM) related fields and private finance initiative (PFI) projects for public works. The Company is also taking bold steps to win new business in high-potential markets (such as engineering, environment, and renovation) and in the urban redevelopment field, where the synergies among its innovative technologies, industry-leading expertise, and real estate development capabilities can be most effective. Kajima is also implementing a company- wide cost reduction program to enhance cost-competitiveness and improve the profitability of its building construction business.

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Nippon Express Co., Ltd., New Headquarters Bldg.
Nippon Express Co., Ltd., New Headquarters Bldg.
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Architectural Design Experience, Creativity, and Performance
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Jiji Press Building
Jiji Press Building
Plaza Tower-Kachidoki
Plaza Tower-Kachidoki
United Colors of Benetton Shinsaibashi
United Colors of Benetton Shinsaibashi
NTT DoCoMo Kyushu Kashii Building
NTT DoCoMo Kyushu Kashii Building
Apple Store Ginza
Apple Store Ginza
Hotel Monterey La Soeur Fukuoka
Hotel Monterey La Soeur Fukuoka

Kajima's dynamic global marketing and design activities are spearheaded from Japan, with strong contributions from the Company's design offices in the United States, Europe and Asia-Kajima Associates, Inc. (KAI), Kajima Design Europe Ltd. (KDE), and Kajima Design Asia Pte. Ltd. (KDA). Close cooperation between the Japanese team and the other three regions enables Kajima to provide true design-build services around the world.

Kajima undertakes both design and construction, and continuously applies the expertise and experience it gains through construction projects in its design processes. This approach results in longer building life and ever-increasing levels of quality. The Company also makes every effort to reduce environmental impact, from the design stage to the construction phase.

Kajima is also known for its expertise in the area of structural engineering. Kajima pioneered the seismic resistance and control technologies that made it possible to realize the construction of high-rise buildings in earthquake-prone Japan. Last year, the Architectural Institute of Japan requested Kajima to apply its advanced analytical technology to determine the mechanisms involved in the tragic collapse of the World Trade Center buildings in New York following the aircraft impact. When reported at the Japan-US Structural Design Workshop in June 2003, Kajima's findings were highly praised for their potential to contribute to safer buildings.

Business Performance
In the financial year ended March 31, 2004, Kajima was awarded 525 design commissions for a total construction value of yen465.1 billion, and performed consultancy services for 1,392 projects.

Future Outlook and Priorities
Kajima will capitalize on new demand for two innovative types of development:
(1) Renovation projects that add value to existing buildings by providing dynamic space transformation, enhancing disaster protection, and updating utility and HVAC systems.
(2) Environmental design featuring technologies to minimize life-cycle energy cost, such as hybrid air-conditioning systems that utilize cool outside air to save energy.

Kajima is dedicated to contributing to society by ensuring safer buildings, reducing environmental impact, and creating better- quality space.

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Consultancies
Life-cycle engineering (LCE), renewal projects, conversion projects, seismic risk assessments, deterioration assessments, market competitiveness assessments, energy conservation assessments, environmental site assessments, and engineering due diligence studies.

Technological Development
. Development of design methods to minimize environmental impact
. Development of a collapse mechanism evaluation system for high-rise buildings under aircraft impact

External Awards (total of 34)
. Ecological and Energy Efficient Buildings Award, for the Sekisui House Kudan-minami Building
. Good Design Award, for the Makuhari Park Tower and four other projects
. Society of Heating, Air-Conditioning and Sanitary Engineers Special Award for operation and improved administration of Tokyo East 21
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Keisen Junior and Senior High School
Keisen Junior and Senior High School
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Major Building Construction and Architectural Design Projects Awarded in the Term under Review

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Project: UDX Bldg.
Location: 1 & 4, Soto-Kanda, Chiyoda-ku, Tokyo
Project outline: Office space
22 floors above ground, 3 underground floors, 1 penthouse floor
Total floor space: 161,676 m2
Building area: 8,559 m2

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Project: Tokyo Bldg.
Location: 2-7-3, Marunouchi, Chiyoda-ku, Tokyo
Project outline: Office space
33 floors above ground, 4 underground floors, 1 penthouse floor
Total floor space: 150,685 m2
Building area: 5,514 m2

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Project: Shibaura 4-chome Minami Gaiku Condominium Project
Location: 4-31-6, Shibaura, Minato-ku, Tokyo
Project outline: Housing complex
48 floors above ground, 1 underground floor, 2 penthouse floors
Total floor space: 141,459 m2
Building area: 8,037 m2

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Project: Japanese Red Cross Nagoya First Hospital Renovation Project
Location: Michishita-cho, Nakamura-ku, Nagoya, Aichi
Project outline: Hospital
9 floors above ground, 1 underground floor
Total floor space: 70,903 m2
Building area: 11,316 m2

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Project: Benten-cho Project
Location: 1-3-1&2, Benten-cho, Minato-ku, Osaka-shi, Osaka
Project outline: Housing complex
54 floors above ground, 2 underground floors, 1 penthouse floor
Total floor space: 81,056 m2
Building area: 3,789 m2

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Project: Kudankita Project
Location: 1-12-2, Kudankita, Chiyoda-ku, Tokyo
Project outline: Office space and housing
26 floors above ground, 2 underground floors, 1 penthouse floor
Total floor space: 58,911 m2
Building area: 2,290 m2

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Project: Canon Inc. Yako Project
Location: 3-451, Tsukagoshi, Saiwai-ku, Kawasaki, Kanagawa
Project outline: Production manufacturing
6 floors above ground, 1 underground floor, 1 penthouse floor
Total floor space: 48,050 m2
Building area: 9,211 m2

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Project: Takeda Pharmaceutical Company Limited, Hikari Plant 147
Location: 4720, Aza-Takeda, Mitsui, Hikari-shi, Yamaguchi
Project outline: Medical supplies and pharmaceuticals plant
2 floors above ground
Total floor space: 11,926 m2
Building area: 5,759 m2
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contents | > Profile
> Trust Is the Key to Moving Ahead
> Message from the Management
> Kajima Group Medium - Term Business Plan
> Financial Highlights (Consolidated and Non-Consolidated)
Domestic Operations
> Building Construction and Architectural Design
> Civil Engineering
> Real Estate Development
> Overseas Operations
> Research & Development
> Environmental Initiatives
> Financial Section
> Network in Japan
> Overseas Network
> Board of Directors and Auditors
> Corporate Data
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