full Annual Report 2003(5.9

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20 Highlights Shiodome Tower — A High-Rise Building Designed for People and the Environment This eye-catching high-rise building in the Shiodome area in Tokyo’s Minato Ward is the Shiodome Tower, designed and built by Kajima. Its exterior is clad with terracotta tiles — a nature-friendly material — and the building is also equipped with the latest environmental control technology. The result is a new style of high-rise building that puts both people and the environment first. Launch of the Akihabara IT Center (Tentative Name) Redevelopment Project Kajima’s IT Center (tentative name) Project is underway on a site in front of Akihabara Station. Kajima and two other companies, NTT Urban Development and Daibiru Corporation, won a publicly invited bid to acquire land that was owned by the Tokyo Metropolitan Government. The IT Center will be a hub of international information technology, serving as a center for new initiatives such as creation of new businesses through industrial-academic collaboration, as a location for employee training, and as a facility to bring people together. New National Art Museum under Construction Construction is moving forward on a new national art museum (tentatively called the “National Gallery”), in Tokyo’s Roppongi district. Based on the concept of “an art museum surrounded by greenery,” the gallery will mark the birth of a new form of art museum that focuses on exhibiting publicly invited art works. Construction is scheduled for completion in August 2005. Kajima Contracted to Build Japan’s First PFI Library A special purpose company (SPC) headed by Kajima has been contracted to build a public complex that will house a library and other facilities, utilizing the private finance initiative (PFI) method. Planned by Kuwana City in Mie Prefecture and designed by AXS Satow Inc., the library will be Japan’s first to be operated by the private sector, and is expected to provide high-quality public service. The complex is scheduled to open in October 2004.
Japan’s Largest Covered Final Disposal Facility Completed This is the Kizukuri-Inagaki municipal waste final disposal site in Aomori Prefecture, constructed by Kajima. Maintenance and control are made easy at this roofed disposal facility, which is located on reclaimed land. Thanks to the roof, work can proceed irrespective of weather conditions. The facility also prevents odors from escaping and waste materials from being scattered by the wind, thus serving to protect the surrounding landscape. Assessing the Seismic Vibrations of the Great Kanto Earthquake Information on the damage caused by the Great Kanto Earthquake have been collated and used to draw up a “map” of the damage and the distribution of seismic vibrations across the entire southern Kanto region. The results provide a clearer picture of the relationship between ground conditions and the distribution of seismic vibrations. This information may now be used in predictions of strong earth tremors. Kajima Sculpture Competition Wins the 2002 Mécénat Award for Outstanding Corporate Culture Held for the 7th time in 2002, the biennial Kajima Sculpture Competition was inaugurated in 1989 to commemorate the 150th anniversary of the founding of Kajima Corporation. The competition discovers new, emerging sculptors, serving as a launching pad for successful careers. It was awarded the Mécénat Award in appreciation of these factors, indicating the widespread recognition enjoyed by the competition in the sculpting world. Phase II Construction Begins on the Shinagawa Seaside-Forest Project Phase II construction on the Shinagawa Seaside-Forest urban redevelopment project is underway in Tokyo’s Shinagawa Ward. The phase II project will add a mixed-use hotel/office building and two other office buildings to the structures built during phase I: an office building, multi-family housing, commercial retail facilities and a new train station. Kajima is the sole developer of the phase II project, which is scheduled for completion in August 2004. 21
Page 1 and 2: Annual Report 2003 For the year end
Page 3 and 4: Financial Highlights (Consolidated
Page 5 and 6: Sadao Umeda President Therefore, wh
Page 7 and 8: Principal Tactics 1. Augment profit
Page 9 and 10: TOKI MESSE: Niigata Convention Cent
Page 11 and 12: Yamaguchi Reservoir New Building Co
Page 13 and 14: Shinagawa Seaside Forest Shinagawa
Page 15 and 16: Shiodome Area including Shiodome To
Page 17 and 18: Pampered Chef headquarters building
Page 19 and 20: Chirundu Bridge over the Zambezi Ri
Page 21: Image of “Total Construction Syst
Page 26 and 27: 24 Summary of Business Performance
Page 28: 26 Consolidated Balance Sheets KAJI
Page 31 and 32: Consolidated Statements of Stockhol
Page 33: Notes to Consolidated Financial Sta
Page 54 and 55: 52 Non-Consolidated Statements of O
Page 56 and 57: 54 Non-Consolidated Statements of C
Page 67 and 68: 66 Overseas Network HEAD OFFICE OVE
Page 69 and 70: 68 Principal Subsidiaries and Affil
Page 71: 70 Board of Directors and Auditors

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