[ Annual Report 2008 ] For the fiscal year ended March 31, 2008

Creating Value as a Unique General Contractor-Developer

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Established in 1840, Kajima has a long history of accumulating unrivalled technological capabilities and experience. The breadth and depth of our creativity and the trust of discriminating customers and society underlie the powerful position of leadership we have built in the Japanese construction industry.

One of our major strengths is our comprehensive capabilities that integrate the construction (building construction and civil engineering), design, real estate development, and various business divisions. The real estate development business is one of the areas in which we fully exercise our comprehensive capabilities to achieve top-of-the-line developments both at home and abroad.

This feature article presents our real estate development business in Japan and overseas to show why we are different.

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