Vol. 29 Summer 2004

First Column Erection Ceremony for JVC Business Park Project On May 7, 2004, Kajima Europe BV (KE) celebrated the first column erection ceremony for JVC Business Park in the London Borough of Brent. The 25,000-square-meter (269,000- square-foot) mixed-use develop-ment will be the future European headquarters and distribution center of JVC Europe, a European subsidiary of Victor Company of Japan, Ltd. Among the many guests for the ceremony were Masahiko Terada, President of Victor Company of Japan Ltd. and Osamu Minamitani, Executive Vice President of Kajima Corporation. Together with Robert Whitton, Chief Executive of Active Asset Investment Management (aAIM), they had the bolts fixed with special spanners with their names at the bottom of the first erected column. At the banquet, they also held a sake-cask breaking ceremony to share Japanese traditional culture with local guests. In 2002, KE made a proposal for redevelopment of old office and warehouse buildings on the 10-acre (4-hectare) site owned by JVC. The proposal, including creative financial solutions such as sale and leaseback, was selected and approved by JVC in November 2002. Since then, KE has offered "full integrated service" coordinating the total process of development, design/engineering, and construction of the project. JVC, advised by KE, was granted a planning permit in August 2003, and entered into both a sale and leaseback contract with the investor, aAIM, and a design-and-build contract with KE in November 2003. The new development scheme designed by Kajima Design Europe, a design/engineering arm of KE, including a five-story-high, 6,000-square-meter (65,000- square-foot) headquarters office and a 13,000-square-meter (140,000-square-foot) warehouse, will be an icon in the area.

Construction projects: GC Dental (Suzhou) Co., Ltd. Construction completed in September 2003 Unicharm Shanghai Factory Construction completed in January 2004

Kajima Establishes a New Subsidiary Company in China Kajima recently established a new subsidiary company, Kajima (Shanghai) Construction Co., Ltd., and obtained a construction license (second-grade qualification) in China. China has allowed foreign companies to establish wholly owned local subsidiaries in China as part of its commitment in connection with accession to the World Trade Organization (WTO) in December 2001. Kajima undertook the registration and licensing procedures to acquire the construction license because direct construction contracting in China on the part of foreign companies will be prohibited beginning in April 2004. By acquiring the license, Kajima has put in place a framework to do business in China through its local subsidiary. Kajima will step up marketing activities and continue to meet the construction requirements of Japanese companies setting up facilities in China.

Twenty Bridges Completed in Vietnam 's Mekong Delta Region In December 2003, construction was completed on 20 bridges that provide essential support for the livelihoods of residents of southern Vietnam's Mekong Delta region. The bridges were delivered to the local government without incident and commissioned as highway bridges before the Tet lunar new year's holiday, which began on January 22 this year. The Mekong River system is one of the world's great watercourses, and the Mekong Delta is called the breadbasket that supports the Vietnamese economy. However, rivers swell and flooding frequently occurs during the monsoon season. Accordingly, it was essential to have a reliable network of highway bridges to withstand a series of floods during the monsoon season, which brings great uncertainty to the lives of residents in remote areas and disruption to the distribution of goods. The bridge-building project was a Japanese government non-refundable official development assistance (ODA) project undertaken following successful completion of a similar project to construct 21 bridges in northern Vietnam. Kajima served as a prime contractor on both projects. Construction on the second project, which began in January 2002, was completed without accident and about two months ahead of schedule. This was a remarkable achievement in view of the complicated logistical planning and execution required to simultaneously erect bridges at 20 sites in remote areas scattered throughout the expansive delta region. The formidable undertaking was managed from a central project office set up in Ho Chi Minh City and satellite offices in Can Tho, My Tho, Ca Mau, and two other cities.

Kajima Is the First Organization Outside the United States to Participate in NEES Kajima has become the first organization outside the United States to participate in The George E. Brown Jr. Network for Earthquake Engineering Simulation (NEES). NEES features 15 advanced experimental facilities at universities across the United States, all of which will be connected by cutting-edge cyber-infrastructure. Through NEES, emphasis of earthquake engineering research will shift from the current reliance on expensive physical testing to integrated experimentation, computation, theory, databases, and model-based simulation. The earthquake engineering community will be spurred to test and validate more complex and comprehensive analytical and computer numerical models, substantially improving seismic design and performance of civil infrastructure. NEES will be fully operational in the fall of this year. Because of Kajima's reputation as a world leader in earthquake engineering, researchers of the NEES team at University of Illinois at Urbana-Champaign invited Kajima to participate in the first trans-Pacific NEES simulation. Kajima was the first non-U.S. organization to become a fully functional node on NEES. NEES will enable researchers to carry out complicated earthquake engineering simulations more efficiently, both by using Kajima's experimental facilities and computer resources effectively and by cooperating with the U.S. network of university research resources. Researchers from both NEES and Kajima anticipate that the simulation of larger, more complicated structures will be carried out by Japan--U.S. collaborations in the near future. The National Research Institute for Earth Science and Disaster Prevention (NIED) and Japanese universities have also decided to participate in NEES.

Kajima Deers Cheerleaders Win NFA Cheerleaders of the Year 2003 Award Kajima Deers Cheerleaders (KDC), the cheerleading squad affiliated with the Kajima Deers American football team, are the proud winners of NFA Cheerleaders of the Year 2003, an award conferred by the X League (formerly known as the Japan American Football League) on the league's most outstanding cheerleading squad for the 2003 season. The award recognizes performance that placed KDC at the forefront of the cheerleading squads of the 18 teams comprising the elite X1 East, West and Central Divisions of Japan's premier American football league.

The 15 members of the Kajima Deers Cheerleaders squad comprise Kajima employees and members selected through public auditions. KDC Captain Ayako Koyanagawa (pictured at left), one of the top cheerleaders in Japan, works at the Kajima Corporation Public Relations Office in Tokyo. She believes that "Energizing people is the same in both public relations and cheerleading," and travels tirelessly to offices and job sites across Japan to perform her public relations work as well as leading the KDC squad during the season. She can hardly wait for the 2004 season to begin, and plans to pull together with the other cheerleaders to rally the team and fans as the Kajima Deers seek to regain the league title they won in 1997.

Vol. 29 Summer 2004 A New Breed of Hospitals in Japan Kajima around the World Kajima Marks

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