RNS Number:5607U
Kajima Corporation
23 January 2004


                               KAJIMA CORPORATION

              Notice on the Non-Consolidated Business Performance
            for the 3rd Quarter from October 1 to December 31, 2003

                                                                January 23,2004

1.Contract Awards to the Company through the 3rd Quarter ended December 31:

                                              Millions of yen          Growth(%)
      3rd quarter 2003                                805,339               9.2%
      3rd quarter 2002                                737,197              -9.1%


Breakdown of Contract Awards
                               2003             2002          Growth
Civil Engineering
 Domestic-Public            100,211  (12.4)  116,415  (15.8) - 16,204  - 13.9%
 Domestic-Private            71,382   (8.9)   51,098   (6.9)   20,283     39.7
 Overseas                     6,523   (0.8)   30,437   (4.2) - 23,914   - 78.6
                 Sub-total  178,116  (22.1)  197,951  (26.9) - 19,834   - 10.0

Architectural Construction
 Domestic-Public             55,477   (6.9)   47,536   (6.4)    7,941     16.7
 Domestic-Private           494,532  (61.4)  417,549  (56.7)   76,982     18.4
 Overseas                     1,305   (0.2)    1,678   (0.2)    - 372   - 22.2
                 Sub-total  551,316  (68.5)  466,765  (63.3)   84,551     18.1

Construction Total
 Domestic-Public            155,689  (19.3)  163,952  (22.2)  - 8,263    - 5.0
 Domestic-Private           565,914  (70.3)  468,648  (63.6)   97,266     20.8
 Overseas                     7,829   (1.0)   32,116   (4.4) - 24,286   - 75.6
                 Sub-total  729,433  (90.6)  664,716  (90.2)   64,716      9.7

Real Estate
and others                   75,906   (9.4)   72,481   (9.8)    3,424      4.7
               Grand Total  805,339   (100)  737,197   (100)   68,141      9.2


2. Forecast of Contract-Awards for financial year ending March 31

                                             Millions of yen           Growth(%)
2004 (Forecast)                                    1,150,000                0.9%
2003 (Actual)                                      1,139,509               -5.1%

3. Event with material impact on the financial conditions and business
performance:

The Company informs that, during the third quarter, additional capital of Yen
81,447,203,834 was raised through the issuance of 96,000,000 new shares by
public offering effective on November 1, 2003, resulting in the total number of
shares issued to be 1,057,312,022.

4. Qualitative information on the above 1 through 3:

The Company does not deem it necessary to change the forecast for its FY2004
business performance released upon announcement of mid-year financial results on
November 21, 2003.

Note: All amounts are rounded down to the nearest millions of yen.
 

For further information, please contact:
Takashi Monma
Director & General Manager
Corporate Planning Department
Corporate Planning Division
Kajima Corporation,
2-7, Motoakasaka 1- chome,
Minato-ku, Tokyo 107-8388, Japan
Telephone (03)3404-3311 International 81-3-3404-3311
Facsimile (03)3746-7052 International 81-3-3746-7052

The end of documents




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