full Annual Report 2006 (PDF 3.2MB)

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Overseas NetworkDISTRICT OFFICESPRINCIPAL SUBSIDIARIES AND AFFILIATESOverseas NetworkTaiwan District OfficePhilippine District OfficeAsian Regional OfficeThai District OfficeSingapore District OfficeMyanmar District OfficeMalaysia District OfficeVietnam District OfficeIndonesia District OfficeIndia District OfficeSri Lanka District OfficeEgypt District OfficeTanzania District OfficeTurkey District OfficeChina District OfficePoland District OfficeNORTH AMERICA/HAWAIIUnited StatesKajima U.S.A. Inc.Kajima Capital of America, Inc.Kajima International Inc.Kajima Real Estate Development Inc.Kajima Construction Services, Inc.Hawaiian Dredging Construction Company, Inc.The Austin CompanyKajima Associates, Inc.Industrial Developments International, Inc.Commercial Developments International, Inc.Kajima Development CorporationKUD International LLCEast West Development CorporationKajima Kona CompanyEUROPENetherlandsKajima Europe B.V.ASIASingaporeKajima Overseas Asia Pte LtdKajima Design Asia Pte LtdIndonesiaP.T. Kajima IndonesiaP.T. Senayan Trikarya SempanaThailandThai Kajima Co., Ltd.Ramaland Development Co., Ltd.MalaysiaKajima (Malaysia) Sdn. Bhd.VietnamKajima Overseas Asia Pte Ltd, VietnamDistrict Office58United KingdomKajima Europe U.K. Holding Ltd.Kajima Construction Europe (U.K.) Ltd.Kajima Design Europe Ltd.Kajima Property Holdings Ltd.PhilippinesKajima Philippines Inc.Hong KongKajima Overseas Asia Pte Ltd, Hong KongDistrict OfficeFranceKajima Europe S.A.S.TaiwanChung-Lu Sino-Kajima Construction Co., Ltd.PolandKajima Europe B.V., Poland BranchChinaKajima (Shanghai) Construction Co., Ltd.Czech RepublicKajima Europe B.V., Czech Branch
Corporate History1840 Iwakichi Kajima founds a carpentry business in Edo(present-day Tokyo)1860 Kajima pioneers the first Western-style building in Yokohama(Ei-Ichiban Kan)1880 Kajima Gumi is established1891 Begins construction on the Usui Railway Line1899 Begins railway construction projects in Korea and Taiwan1918 Begins constructing the Tanna Tunnel (17-year project)1923 Participates in reconstruction work following the Great KantoEarthquake1860 Ei-Ichiban Kan1918 Tanna TunnelCorporate History1924 Completes Japan’s first concrete dam (Ohmine Dam)1930 Incorporates (issues stock, capitalized at ¥3 million)1945 Begins support of postwar reconstruction1949 Founds the Kajima Technical Research Institute(the first research facility in Japan’s construction industry)1950 Pioneers the first joint venture with Morrison-Knudsenof the United States1957 Completes Japan’s first nuclear reactor1959 Begins construction of the Tokaido Shinkansen (Bullet Train) Line1924 Ohmine Dam1957 Nuclear reactor1961 Lists its stock on the Tokyo and Osaka stock exchanges1963 Attains the world’s No. 1 construction company ranking(by total contract value)Constructs facilities for the Tokyo Olympic GamesCompletes the New Tanna Tunnel for the Shinkansen591964 Establishes Kajima International Inc. (KII) in Los Angeles1968 Completes Japan’s first high-rise building(the Kasumigaseki Building)1969 The Kajima Design Division wins the bid to construct the newSupreme Court Building in Tokyo1971 Completes the 47-story Keio Plaza Hotel(Japan’s first super-high-rise hotel), in Tokyo’s Shinjuku district1963 New Tanna Tunnel1968 Kasumigaseki Building1978 Introduces company total quality controlCompletes the International Trade Center in Berlin1982 Receives the Deming Prize1983 Establishes Chung-Lu Sino-Kajima Construction Co., Ltd. in Taiwan1984 Completes the New Kokugikan Sumo Arena in Tokyo1987 Establishes Kajima Europe B.V. (KE) in the Netherlands1988 Establishes Kajima Overseas Asia Pte Ltd (KOA) in SingaporeCompletes the Seikan Tunnel in Japan (world’s longest tunnel)1994 Completes the Kansai International Airport1974 Shinjuku skyline1984 New Kokugikan Sumo Arena1995 Renovates the Suez Canal tunnel1997 Completes the Tokyo Wan AqualineObtains ISO 9000s1998 Completes the Akashi Kaikyo BridgeObtains ISO 14000s1999 Celebrates the 160th anniversary of its establishment2003 Completes the Shiodome Tower in Tokyo<strong>2006</strong> Completes Akihabara Crossfield in Tokyo1998 Akashi Kaikyo Bridge2003 Shiodome Tower
Page 1 and 2:
Annual Report 2006For the year ende
Page 3 and 4:
Financial Highlights (Consolidated
Page 5 and 6:
Our Credibility and TrustMessage fr
Page 7 and 8:
works, we will improve our technolo
Page 9 and 10: a UDX Building(22 stories) complete
Page 11 and 12: 130Provided structural responsecont
Page 13 and 14: 99buildingswith energy-efficient bu
Page 15 and 16: Building ConstructionMarket Conditi
Page 17 and 18: Review of OperationsDomestic Constr
Page 19 and 20: Market Conditions: Prices InchUpwar
Page 21 and 22: is responding with an expansion of
Page 23 and 24: Overseas Building Construction & Re
Page 25 and 26: Review of OperationsOverseas Operat
Page 27 and 28: Selested Financial Data25
Page 29 and 30: Risk FactorsInvestors should consid
Page 31 and 32: Consolidated Balance Sheets29
Page 33 and 34: Consolidated Statements of Stockhol
Page 35 and 36: Notes to Consolidated Financial Sta
Page 56 and 57: Corporate DataCORPORATE DATANETWORK
Page 58 and 59: Corporate OrganizationCorporate Org
Page 62: 2-7, Motoakasaka 1-chome,Minato-ku,
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