Kajima

Kajima Corporation
Native name	鹿島建設株式会社
Romanized name	Kajima Kensetsu kabushiki gaisha
Company type	Public (K.K)
Traded as	TYO: 1812; NAG: 1812; OSE: 1812 until 2013; Nikkei 225 Component
Industry	Construction; Engineering; Design;
Founded	Tokyo, Japan (1840)
Headquarters	3-1, Motoakasaka 1-chome, Minato, Tokyo 107-8388, Japan
Area served	Worldwide
Key people	Morinosuke Kajima (Chairman (1957-1975)), Rokuro Ishikawa (Chairman (1983 -1993) and Honorary Chairman)
Services	Architectural design; Civil engineering design; Construction (civil engineering and building construction); Engineering; Real estate development;
Revenue	$ 15.798 billion USD (FY 2012) (¥ 1485.01 billion JPY) (FY 2012)
Net income	$ 249.255 million USD (FY 2012) (¥ 23.42 billion JPY) (FY 2012)
Number of employees	7,737 (non-consolidated); 15,468 (consolidated) (as of March 31, 2013);
Website	Official website
	Footnotes / references;

Kajima Corporation (鹿島建設株式会社, Kajima Kensetsu Kabushiki-gaisha) is one of the oldest and largest construction companies in Japan. Founded in 1840, the company has its headquarters in Motoakasaka, Minato, Tokyo.^[1] The company is known for its DIB-200 proposal.^[4] The company stock is traded on four leading Japanese stock exchanges and is a constituent of the Nikkei 225 stock index.^[5]

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Kajima's services include design, engineering, construction, and real estate development. Kajima builds high-rise structures, railways, power plants, dams, and bridges. Its subsidiaries are located throughout Asia, Oceania, Europe, and North America. A downturn in the construction industry during the latter half of the 1990s prompted Kajima to expand its operations to the environmental sector, specifically waste treatment, water treatment, soil rehabilitation, and environmental consulting.

History

1840 - Iwakichi Kajima, the founder of the present-day company begins carpentry business in Edo (present day Tokyo)
1860 - Kajima pioneers first western-style building in Yokohama (Ei-Ichiban Kan)
1880 - Establishes Kajima Gumi
1899 - Railway construction projects begin in Korea and Taiwan
1923 - Great Kantō earthquake - Kajima participates in the reconstruction work
1930 - Incorporation of the company (issues stock, capitalized at 3 million yen)
1945 - Postwar reconstruction begins with Kajima's support
1949 - Founds Kajima Technical Research Institute (the first construction research facility in Japan)
1950 - Pioneers first joint venture with Morrison-Knudsen
1957 - Completes Japan's first nuclear reactor (Japan Atomic Energy Research Institute's Tōkai JRR-1 reactor)
1959 - Construction of the Tokaido Shinkansen begins
1961 - The company is listed on Tokyo and Osaka Stock Exchanges
1963 - Becomes world no. 1 in construction (total contract value)

Constructs facilities for 1964 Tokyo Olympic Games

1964 - Establishment of Kajima International Incorporated (KII) in Los Angeles, California, U.S.
1968 - Japan's first high-rise building, the Kasumigaseki Building, is completed
1975 - Founds PT. Waskita Kajima, as a joint venture with Waskita Karya^[6]
1987 - Establishment of Kajima Europe B.V. (KE) in the Netherlands
1988 - Establishment of Kajima Overseas Asia Pte Ltd. (KOA) in Singapore

The Seikan Tunnel, the world's longest tunnel, is completed

1994 - Construction of Kansai International Airport is finalized
1998 - Akashi Kaikyo Bridge is completed

Bought Waskita Karya's shareholding in Waskita Kajima, resulting Kajima as majority shareholder of the company. The company then renamed to Kajima Indonesia^[6]

2001 - The Suez Canal Bridge is completed
2002 - Hawaiian Dredging is acquired from Dillingham Construction.^[7]
2003 - Establishment of Kajima (Shanghai) Construction Co., Ltd.
2010 - Construction of Resorts World Sentosa in Singapore completed
2011 - The company completed the construction of the Dubai Metro (phase 1 and 2)^[8]
2017 - Purchased Australian construction company Icon Construction^[9]

Demolition technology

The Kajima Corporation developed a building demolition technique that involves using hydraulic jacks to demolish a building one floor at a time. This method is safer, and allows for a more efficient recycling process. In the Spring of 2008, the Kajima Corporation used this technique to demolish a 17-story and 20-story building, recycling 99% of the steel and concrete and 92% of the interior materials in the process.^[10]

Film backing

The Kasumigaseki Building, built by Kajima, is the main subject of the film Chōkōsō no Akebono, which was backed by Kajima.^[11]

Scandal

On March 2, 2018, the head of a division at Kajima was arrested by an investigative team from the Tokyo District Public Prosecutors Office on suspicion of having violated the Act on Prohibition of Private Monopolization and Maintenance of Fair Trade in connection with bidding for the Chūō Shinkansen maglev line.^[12] On March 23, the Fair Trade Commission issued a criminal indictment against both the head of the division and Kajima Corporation.^[13]