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Review of Operations
Kamehameha School Hawaii Campus
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AmerisourceBergen Corp. Distribution
Facility in the United States
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Nanyang Academy of Fine Arts in Singapore
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Dhauliganga Dam in India
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Parker Hannifin in Poland
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Kajima manages most civil engineering projects directly from
Japan, while it maintains regional subsidiaries in the United States, Asia and
Europe to handle building construction and development projects in those areas.
Revenues from all overseas operations during the financial year to March 2005
totaled ¥235.05 billion.
Market Situation and Performance
1. Kajima U.S.A. Inc. (KUSA)
The construction business in North America and Hawaii was
awarded contracts totaling ¥78.1 billion. The real estate development business
continued to be strong, bolstered by development of warehouse distribution facilities.
The Hualalai Resort in Hawaii, operated by Kajima, also showed strong performance.
2. Kajima Overseas Asia Pte Ltd (KOA)
The construction business in Southeast Asia is facing increasing
fierce competition, but Kajima anticipates steady growth for its business in the
region on account of the high regard given for the quality of its local construction
projects, such as large-scale public works projects in Singapore and elsewhere.
The development business returned strong results in its leasing and operation
of offices, hotels and shopping malls.
3. Chung-Lu Sino-Kajima Construction Co., Ltd. (Sino-Kajima)
Sino-Kajima undertook several projects for buildings, such
as high-rise condominiums with advanced seismic control technology, as well as
numerous electronics production facilities. The number and scale of contracts
won by Sino-Kajima has grown in recent years, placing its growth on par with that
of major Taiwanese construction companies.
4. Kajima Europe B.V. (KE)
Kajima Europe focuses on construction and development mainly
in the U.K., with a particular concentration on private finance initiatives (PFI)
awarded by the central and municipal governments. The construction business in
continental Europe is concentrated mainly in Poland and the Czech Republic.
5. Overseas Operations Managed from Japan
Kajima expects to continue to be awarded Official Development
Assistance (ODA) dcontracts in Southeast Asia and Africa, for which it has a strong
track record of accomplishments, along with large-scale infrastructure projects
in Taiwan and elsewhere.
Strategies for Growth
Overseas operations is one of the central aspects of the Kajima
Group. Kajima will fully utilize the accomplishments and networks built in each
country, realign its regional offices, optimize its global platform and maximize
its global income.
Institute of Technical Education
in Singapore
