Kajima（KAJ）株式概要鹿島建設は世界各地で土木、建築、不動産開発、建築設計などの事業を展開している。 詳細KAJ ファンダメンタル分析スノーフレーク・スコア評価6/6将来の成長1/6過去の実績5/6財務の健全性4/6配当金4/6報酬当社が推定した公正価値より24.6%で取引されている 収益は年間9.34%増加すると予測されています 過去1年間で収益は40.9%増加しました 同業他社や業界と比較して、良好な取引価格 アナリストらは、株価が42.1%上昇するだろうとほぼ一致している。 リスク分析2.67%の配当はフリーキャッシュフローで十分にカバーされていない すべてのリスクチェックを見るKAJ Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair Value€Current Price€29.6030.7% 割高 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture04t2016201920222025202620282031Revenue JP¥3.6tEarnings JP¥206.6bAdvancedSet Fair ValueView all narrativesKajima Corporation 競合他社HOCHTIEFSymbol: XTRA:HOTMarket cap: €35.3bBAUERSymbol: HMSE:B5A0Market cap: €258.2mNordexSymbol: XTRA:NDX1Market cap: €10.2bKnorr-BremseSymbol: XTRA:KBXMarket cap: €16.1b価格と性能株価の高値、安値、推移の概要Kajima過去の株価現在の株価JP¥29.6052週高値JP¥45.2052週安値JP¥21.20ベータ0.411ヶ月の変化-5.73%3ヶ月変化-23.32%1年変化32.14%3年間の変化120.90%5年間の変化164.29%IPOからの変化718.13%最新ニュースBuy Or Sell Opportunity • May 21Now 23% undervalued after recent price dropOver the last 90 days, the stock has fallen 21% to €30.00. The fair value is estimated to be €39.21, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.9% over the last 3 years. Earnings per share has grown by 20%. For the next 3 years, revenue is forecast to grow by 3.1% per annum. Earnings are also forecast to grow by 9.3% per annum over the same time period.Board Change • May 21Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 5 independent directors. 6 non-independent directors. Independent Outside Director Yuko Yasuda was the last independent director to join the board, commencing their role in 2025. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.お知らせ • May 14+ 1 more updateKajima Corporation, Annual General Meeting, Jun 26, 2026Kajima Corporation, Annual General Meeting, Jun 26, 2026.お知らせ • Mar 12Kajima Corporation to Report Fiscal Year 2026 Results on May 14, 2026Kajima Corporation announced that they will report fiscal year 2026 results on May 14, 2026お知らせ • Feb 13+ 1 more updateKajima Corporation Revises Consolidated and Non-Consolidated Earnings Guidance for the Year Ending March 31, 2026Kajima Corporation revised consolidated and non-consolidated earnings guidance for the year ending March 31, 2026. For the year on consolidated basis, the company revised revenues to be JPY 3,030,000 million, operating income to be JPY 228,000 million, net income attributable to owners of parent to be JPY 170,000 million and basic net income per share to be JPY 364.11 compared to previous revenue of JPY 3,000,000 million, operating income of JPY 202,000 million, net income attributable to owners of parent JPY 155,000 million and basic net income per share JPY 331.98. For the year on non-consolidated basis, the company revised revenues to be JPY 1,690,000 million, operating income to be JPY 166,000 million, net income attributable to owners of parent to be JPY 142,000 million, Net Income of JPY 142,000 and basic net income per share to be JPY 303.52 compared to previous revenue of JPY 1,660,000 million, operating income of JPY 142,000 million, Net income of 125,00 million and basic net income per share JPY 267.18. Reasons for Revisions to the Financial Forecast: Regarding the consolidated financial forecast, the Company expects revenues and income to exceed the previous forecast, mainly due to the upward revision of the nonconsolidated financial forecast. Net income attributable to owners of the parent is expected to reach JPY 170.0 billion, an increase of JPY 15.0 billion over the previous forecast. For the nonconsolidated financial forecast, revenues are expected to increase, as the percentage of completion at the end of the fiscal year has been revised due to the overall smooth progress of construction in the building construction business. In addition, gross profit in the construction business is expected to increase due to cost reductions and the conclusion of additional change orders, and the forecasts for revenues and income have been revised upward. The gross profit margin for the construction business is expected to be 14.7% (23.3% in civil engineering, 11.6% in building construction), exceeding the previous forecast of 13.5% (21.4% in civil engineering, 10.5% in building construction). For domestic subsidiaries and affiliates, net income attributable to owners of the parent is expected to exceed the previous forecast, driven by improved profitability in the construction business. Regarding overseas subsidiaries and affiliates, while profits from the construction business are expected to exceed the previous forecast, net income attributable to owners of the parent is expected to fall short of the previously announced forecast by JPY 5.0 billion. This is primarily due to an increase in the number of properties in the real estate development business in the U.S., Europe and Southeast Asia whose sale has been rescheduled from this fiscal year to the next fiscal year or later, in anticipation of declining interest rates and improving real estate market conditions. The exchange rate applied is JPY 156.56 = USD 1.00 as of the end of December 2025.お知らせ • Jan 27+ 1 more updateKajima Corporation Announces President ChangesKajima Corporation (the Company) announced that its President, Hiromasa Amano, passed away and stepped down from his position on January 23, 2026, at the age of 74. The Company also announced that the Company's Board of Directors on January 27, 2026 adopted a resolution to change Representative Director as follows. Details of the change (With effect from January 27, 2026): Chairman and President, Representative Director Yoshikazu Oshimi (current position: Chairman, Representative Director). Career summary of Yoshikazu Oshimi (February 21, 1949): April 1974 Joined the Company; June 2005 Executive Officer, General Manager, Yokohama Branch; April 2008 Managing Executive Officer; April 2009 General Manager, Building Construction Management Division; April 2010 Senior Executive Officer; April 2013 General Manager, Kansai Branch; April 2015 Executive Vice President; June 2015 President, Representative Director; June 2021 Chairman, Representative Director; January 2026 Chairman and President, Representative Director.最新情報をもっと見るRecent updatesBuy Or Sell Opportunity • May 21Now 23% undervalued after recent price dropOver the last 90 days, the stock has fallen 21% to €30.00. The fair value is estimated to be €39.21, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.9% over the last 3 years. Earnings per share has grown by 20%. For the next 3 years, revenue is forecast to grow by 3.1% per annum. Earnings are also forecast to grow by 9.3% per annum over the same time period.Board Change • May 21Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 5 independent directors. 6 non-independent directors. Independent Outside Director Yuko Yasuda was the last independent director to join the board, commencing their role in 2025. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.お知らせ • May 14+ 1 more updateKajima Corporation, Annual General Meeting, Jun 26, 2026Kajima Corporation, Annual General Meeting, Jun 26, 2026.お知らせ • Mar 12Kajima Corporation to Report Fiscal Year 2026 Results on May 14, 2026Kajima Corporation announced that they will report fiscal year 2026 results on May 14, 2026お知らせ • Feb 13+ 1 more updateKajima Corporation Revises Consolidated and Non-Consolidated Earnings Guidance for the Year Ending March 31, 2026Kajima Corporation revised consolidated and non-consolidated earnings guidance for the year ending March 31, 2026. For the year on consolidated basis, the company revised revenues to be JPY 3,030,000 million, operating income to be JPY 228,000 million, net income attributable to owners of parent to be JPY 170,000 million and basic net income per share to be JPY 364.11 compared to previous revenue of JPY 3,000,000 million, operating income of JPY 202,000 million, net income attributable to owners of parent JPY 155,000 million and basic net income per share JPY 331.98. For the year on non-consolidated basis, the company revised revenues to be JPY 1,690,000 million, operating income to be JPY 166,000 million, net income attributable to owners of parent to be JPY 142,000 million, Net Income of JPY 142,000 and basic net income per share to be JPY 303.52 compared to previous revenue of JPY 1,660,000 million, operating income of JPY 142,000 million, Net income of 125,00 million and basic net income per share JPY 267.18. Reasons for Revisions to the Financial Forecast: Regarding the consolidated financial forecast, the Company expects revenues and income to exceed the previous forecast, mainly due to the upward revision of the nonconsolidated financial forecast. Net income attributable to owners of the parent is expected to reach JPY 170.0 billion, an increase of JPY 15.0 billion over the previous forecast. For the nonconsolidated financial forecast, revenues are expected to increase, as the percentage of completion at the end of the fiscal year has been revised due to the overall smooth progress of construction in the building construction business. In addition, gross profit in the construction business is expected to increase due to cost reductions and the conclusion of additional change orders, and the forecasts for revenues and income have been revised upward. The gross profit margin for the construction business is expected to be 14.7% (23.3% in civil engineering, 11.6% in building construction), exceeding the previous forecast of 13.5% (21.4% in civil engineering, 10.5% in building construction). For domestic subsidiaries and affiliates, net income attributable to owners of the parent is expected to exceed the previous forecast, driven by improved profitability in the construction business. Regarding overseas subsidiaries and affiliates, while profits from the construction business are expected to exceed the previous forecast, net income attributable to owners of the parent is expected to fall short of the previously announced forecast by JPY 5.0 billion. This is primarily due to an increase in the number of properties in the real estate development business in the U.S., Europe and Southeast Asia whose sale has been rescheduled from this fiscal year to the next fiscal year or later, in anticipation of declining interest rates and improving real estate market conditions. The exchange rate applied is JPY 156.56 = USD 1.00 as of the end of December 2025.お知らせ • Jan 27+ 1 more updateKajima Corporation Announces President ChangesKajima Corporation (the Company) announced that its President, Hiromasa Amano, passed away and stepped down from his position on January 23, 2026, at the age of 74. The Company also announced that the Company's Board of Directors on January 27, 2026 adopted a resolution to change Representative Director as follows. Details of the change (With effect from January 27, 2026): Chairman and President, Representative Director Yoshikazu Oshimi (current position: Chairman, Representative Director). Career summary of Yoshikazu Oshimi (February 21, 1949): April 1974 Joined the Company; June 2005 Executive Officer, General Manager, Yokohama Branch; April 2008 Managing Executive Officer; April 2009 General Manager, Building Construction Management Division; April 2010 Senior Executive Officer; April 2013 General Manager, Kansai Branch; April 2015 Executive Vice President; June 2015 President, Representative Director; June 2021 Chairman, Representative Director; January 2026 Chairman and President, Representative Director.お知らせ • Jan 08Nippon Building Fund Inc. (TSE:8951) agreed to acquire Nihonbashi Honcho M-SQUARE in central Tokyo from Mitsui Fudosan Co., Ltd. (TSE:8801) and Kajima Corporation (TSE:1812) for ¥32.1 billion.Nippon Building Fund Inc. (TSE:8951) agreed to acquire Nihonbashi Honcho M-SQUARE in central Tokyo from Mitsui Fudosan Co., Ltd. (TSE:8801) and Kajima Corporation (TSE:1812) for ¥32.1 billion on January 7, 2026. A cash consideration of ¥32.11 billion will be paid by Nippon Building Fund Inc. As part of consideration, ¥32.11 billion is paid towards assets of Nihonbashi Honcho M-SQUARE in central Tokyo. The transaction will be financed through equity investment of ¥22.63 billion. In related transactions, Nippon Building Fund Inc. agreed to acquire Toyosu Bayside Cross Tower in Tokyo from Mitsui Fudosan Co., Ltd. and Mitsui Fudosan Co., Ltd. (TSE:8801) entered into a contract to acquire Sumitomo Densetsu Bldg. from Nippon Building Fund Inc. For the period ending December 31, 2025, Nihonbashi Honcho M-SQUARE in central Tokyo reported total revenue of ¥1.26 billion. The expected completion of the transaction is March 31, 2026.お知らせ • Dec 04Kajima Corporation to Report Q3, 2026 Results on Feb 12, 2026Kajima Corporation announced that they will report Q3, 2026 results on Feb 12, 2026お知らせ • Nov 11+ 1 more updateKajima Corporation Announces Dividend for the Second Quarter Ended September 30, 2025, Payable on December 2, 2025; Provides Dividend Guidance for the Year Ending March 31, 2026Kajima Corporation announced dividend for the second Quarter ended September 30, 2025. For the quarter, the company announced dividend of JPY 56.00 per share against JPY 45.00 per share a year ago. Dividend payable date (as planned) is December 2, 2025. For the year ending March 31, 2026, the company expects to pay dividend of JPY 76.00 per share against JPY 59.00 per share a year ago.お知らせ • Sep 02Kajima Corporation to Report Q2, 2026 Results on Nov 11, 2025Kajima Corporation announced that they will report Q2, 2026 results on Nov 11, 2025お知らせ • Jun 04Kajima Corporation to Report Q1, 2026 Results on Aug 06, 2025Kajima Corporation announced that they will report Q1, 2026 results on Aug 06, 2025お知らせ • May 15Kajima Corporation (TSE:1812) announces an Equity Buyback for 9,000,000 shares, representing 1.9% for ¥20,000 million.Kajima Corporation (TSE:1812) announces a share repurchase program. Under the program, the company will repurchase up to 9,000,000 shares, representing 1.9% of its total shares outstanding (excluding treasury shares), for a total of ¥20,000 million. The purpose of the program is to improve capital efficiency and enhance shareholder returns. The repurchase program is valid till September 30, 2025. As of April 30, 2025, the company had 473,287,066 shares outstanding (excluding treasury shares) and had 55,368,945 shares in treasury.お知らせ • May 14Kajima Corporation, Annual General Meeting, Jun 27, 2025Kajima Corporation, Annual General Meeting, Jun 27, 2025.お知らせ • Mar 05Kajima Corporation to Report Fiscal Year 2025 Results on May 14, 2025Kajima Corporation announced that they will report fiscal year 2025 results on May 14, 2025お知らせ • Feb 18Kajima Corporation Announces the Retirement of Kiyomi Saito as Director (Outside Director), Effective from June 27, 2025Kajima Corporation announced the retirement of Kiyomi Saito as Director (Outside Director) scheduled for June 27, 2025, (scheduled to assume office as Advisor).お知らせ • Dec 03Kajima Corporation to Report Q3, 2025 Results on Feb 12, 2025Kajima Corporation announced that they will report Q3, 2025 results on Feb 12, 2025New Risk • Nov 16New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (currently running at an operating cash loss). Minor Risk Paying a dividend despite having no free cash flows.Reported Earnings • Nov 16Second quarter 2025 earnings released: EPS: JP¥37.64 (vs JP¥63.75 in 2Q 2024)Second quarter 2025 results: EPS: JP¥37.64 (down from JP¥63.75 in 2Q 2024). Revenue: JP¥708.4b (down 1.9% from 2Q 2024). Net income: JP¥17.7b (down 42% from 2Q 2024). Profit margin: 2.5% (down from 4.2% in 2Q 2024). Revenue is forecast to grow 2.2% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 17% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Sep 26Kajima Corporation to Report Q2, 2025 Results on Nov 12, 2024Kajima Corporation announced that they will report Q2, 2025 results on Nov 12, 2024Upcoming Dividend • Sep 20Upcoming dividend of JP¥45.00 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 04 December 2024. Payout ratio is a comfortable 38% and this is well supported by cash flows. Trailing yield: 3.3%. Lower than top quartile of German dividend payers (4.7%). In line with average of industry peers (3.6%).Reported Earnings • Aug 07First quarter 2025 earnings released: EPS: JP¥36.60 (vs JP¥40.03 in 1Q 2024)First quarter 2025 results: EPS: JP¥36.60 (down from JP¥40.03 in 1Q 2024). Revenue: JP¥613.2b (up 5.1% from 1Q 2024). Net income: JP¥17.4b (down 10.0% from 1Q 2024). Profit margin: 2.8% (down from 3.3% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.3% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 8% per year.Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to €13.90, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 11x in the Construction industry in Europe. Total returns to shareholders of 42% over the past three years.Declared Dividend • Jul 11Final dividend of JP¥45.00 announcedShareholders will receive a dividend of JP¥45.00. Ex-date: 27th September 2024 Payment date: 4th December 2024 Dividend yield will be 287%, which is higher than the industry average of 2.9%. Sustainability & Growth Dividend is covered by both earnings (38% earnings payout ratio) and cash flows (53% cash payout ratio). The dividend has increased by an average of 25% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 19% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Jun 06Kajima Corporation to Report Q1, 2025 Results on Aug 06, 2024Kajima Corporation announced that they will report Q1, 2025 results on Aug 06, 2024Reported Earnings • May 16Full year 2024 earnings released: EPS: JP¥239 (vs JP¥228 in FY 2023)Full year 2024 results: EPS: JP¥239 (up from JP¥228 in FY 2023). Revenue: JP¥2.67t (up 11% from FY 2023). Net income: JP¥115.0b (up 2.9% from FY 2023). Profit margin: 4.3% (down from 4.7% in FY 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.0% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 11% per year.Buy Or Sell Opportunity • May 15Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 6.1% to €15.40. The fair value is estimated to be €19.57, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 4.9%. For the next 3 years, revenue is forecast to grow by 2.3% per annum. Earnings are also forecast to grow by 8.2% per annum over the same time period.お知らせ • May 15+ 1 more updateKajima Corporation (TSE:1812) announces an Equity Buyback for 12,000,000 shares, representing 2.48% for ¥30,000 million.Kajima Corporation (TSE:1812) announces a share repurchase program. Under the program, the company will repurchase up to 12,000,000 shares, representing 2.48% of its total shares outstanding (excluding treasury shares), for a total of ¥30,000 million. The purpose of the program is to expand shareholder returns and improve capital efficiency. The repurchase program is valid till September 30, 2024. As of April 30, 2024, the company had 484,423,522 shares outstanding (excluding treasury shares) and had 44,232,489 shares in treasury.お知らせ • Mar 27Kajima Corporation to Report Fiscal Year 2024 Results on May 14, 2024Kajima Corporation announced that they will report fiscal year 2024 results on May 14, 2024Upcoming Dividend • Mar 21Upcoming dividend of JP¥35.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 01 July 2024. Payout ratio is a comfortable 35% but the company is not cash flow positive. Trailing yield: 2.3%. Lower than top quartile of German dividend payers (5.0%). Lower than average of industry peers (4.0%).Valuation Update With 7 Day Price Move • Mar 11Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €19.40, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 12x in the Construction industry in Europe. Total returns to shareholders of 84% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €34.75 per share.お知らせ • Feb 16+ 1 more updateKajima Corporation Announces Board RetirementsKajima Corporation at the Board of Directors' Meeting held February 13, 2024, adopted a resolution to change Directors and Audit & Supervisory Board Members as follows. The changes will be officially determined after obtaining approval at the Ordinary Stockholders' Meeting to be held on June 25, 2024, and the subsequent Audit & Supervisory Board Meeting. Change of Directors (scheduled for June 25, 2024): Retiring member: Director: Ken Uchida. Change of Audit & Supervisory Board Members (scheduled for June 25, 2024): Retiring members: Standing Audit & Supervisory Board Member Takashi Kumano, Audit & Supervisory Board Member: (Outside Audit & Supervisory Board Member): Yukiko Fujikawa.Reported Earnings • Feb 14Third quarter 2024 earnings released: EPS: JP¥55.23 (vs JP¥55.75 in 3Q 2023)Third quarter 2024 results: EPS: JP¥55.23 (down from JP¥55.75 in 3Q 2023). Revenue: JP¥688.8b (up 12% from 3Q 2023). Net income: JP¥26.6b (down 2.8% from 3Q 2023). Profit margin: 3.9% (down from 4.4% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.3% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Feb 13Kajima Corporation Provides Year End Dividend Guidance for the Fiscal Year Ending March 31, 2024Kajima Corporation provided year end dividend guidance for the fiscal year ending March 31, 2024. For the full year, the company expected year end dividend of JPY 35 per share compared to JPY 41 per share paid a year ago.Buy Or Sell Opportunity • Jan 26Now 22% undervaluedOver the last 90 days, the stock has risen 4.6% to €16.00. The fair value is estimated to be €20.53, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Earnings per share has grown by 4.5%. For the next 3 years, revenue is forecast to grow by 1.8% per annum. Earnings are also forecast to grow by 5.7% per annum over the same time period.Buying Opportunity • Jan 18Now 22% undervaluedOver the last 90 days, the stock is up 8.8%. The fair value is estimated to be €20.55, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Earnings per share has grown by 4.5%. For the next 3 years, revenue is forecast to grow by 2.1% per annum. Earnings is also forecast to grow by 5.0% per annum over the same time period.お知らせ • Dec 01Kajima Corporation to Report Q3, 2024 Results on Feb 13, 2024Kajima Corporation announced that they will report Q3, 2024 results on Feb 13, 2024お知らせ • Nov 15Kajima Corporation Revises Consolidated and Non-Consolidated Earnings Guidance for the Year Ending March 31, 2024Kajima Corporation revised consolidated and non-consolidated earnings guidance for the year ending March 31, 2024. For the year ending March 31, 2024, on consolidated basis, the company expects revenue of JPY 2,610,000 million compared to previous guidance of JPY 2,480,000 million, operating income of JPY 144,000 million compared to previous guidance of JPY 142,000 million and net income attributable to owners of the parent of JPY 107,000 million or JPY 222.09 per basic share compared to previous guidance of JPY 105,000 million or JPY 217.94 per basic share.For the year ending March 31, 2024, on non-consolidated basis, the company expects revenue of JPY 1,480,000 million compared to previous guidance of JPY 1,440,000 million, operating income of JPY 99,000 million compared to previous guidance of JPY 98,000 million and net income of JPY 87,000 million or JPY 180.22 per basic share compared to previous guidance of JPY 83,000 million or JPY 171.94 per basic share.Reported Earnings • Nov 14Second quarter 2024 earnings released: EPS: JP¥63.75 (vs JP¥71.25 in 2Q 2023)Second quarter 2024 results: EPS: JP¥63.75 (down from JP¥71.25 in 2Q 2023). Revenue: JP¥722.3b (up 13% from 2Q 2023). Net income: JP¥30.7b (down 13% from 2Q 2023). Profit margin: 4.2% (down from 5.5% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to stay flat during the next 3 years compared to a 7.0% growth forecast for the Construction industry in Germany. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 12% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Sep 27Kajima Corporation to Report Q2, 2024 Results on Nov 13, 2023Kajima Corporation announced that they will report Q2, 2024 results on Nov 13, 2023Upcoming Dividend • Sep 21Upcoming dividend of JP¥35.00 per share at 2.8% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 04 December 2023. Payout ratio is a comfortable 31% but the company is not cash flow positive. Trailing yield: 2.8%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (3.8%).Reported Earnings • Aug 10First quarter 2024 earnings released: EPS: JP¥40.03 (vs JP¥39.90 in 1Q 2023)First quarter 2024 results: EPS: JP¥40.03. Revenue: JP¥583.5b (up 17% from 1Q 2023). Net income: JP¥19.4b (down 1.5% from 1Q 2023). Profit margin: 3.3% (down from 3.9% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to stay flat during the next 3 years compared to a 12% growth forecast for the Construction industry in Germany.お知らせ • Jun 04Kajima Corporation to Report Q1, 2024 Results on Aug 09, 2023Kajima Corporation announced that they will report Q1, 2024 results on Aug 09, 2023Reported Earnings • May 19Full year 2023 earnings released: EPS: JP¥228 (vs JP¥208 in FY 2022)Full year 2023 results: EPS: JP¥228 (up from JP¥208 in FY 2022). Revenue: JP¥2.39t (up 15% from FY 2022). Net income: JP¥111.8b (up 7.6% from FY 2022). Profit margin: 4.7% (down from 5.0% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to stay flat during the next 3 years compared to a 3.0% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 11% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • May 17+ 3 more updatesKajima Corporation Provides Dividend Guidance for the Fiscal Year Ended March 31, 2024Kajima Corporation provided dividend guidance for the fiscal year ended March 31, 2024. For the year, the company expects dividend of JPY 35.00 per share.お知らせ • May 16Kajima Corporation (TSE:1812) announces an Equity Buyback for 7,000,000 shares, representing 1.44% for ¥10,000 million.Kajima Corporation (TSE:1812) announces a share repurchase program. Under the program, the company will repurchase up to 7,000,000 shares, representing 1.44% of its total shares outstanding (excluding treasury shares), for a total of ¥10,000 million. The purpose of the program is to improve capital efficiency and to enhance shareholder returns. The repurchase program is valid till September 30, 2023. As of April 30, 2023, the company had 487,031,290 shares outstanding (excluding treasury shares) and had 41,624,721 shares in treasury.Upcoming Dividend • Mar 23Upcoming dividend of JP¥33.00 per share at 3.7% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 29 June 2023. Payout ratio is a comfortable 28% but the company is not cash flow positive. Trailing yield: 3.7%. Lower than top quartile of German dividend payers (4.7%). In line with average of industry peers (3.8%).お知らせ • Feb 17Kajima Corporation, Annual General Meeting, Jun 28, 2023Kajima Corporation, Annual General Meeting, Jun 28, 2023.Reported Earnings • Feb 16Third quarter 2023 earnings released: EPS: JP¥55.75 (vs JP¥63.23 in 3Q 2022)Third quarter 2023 results: EPS: JP¥55.75 (down from JP¥63.23 in 3Q 2022). Revenue: JP¥615.6b (up 17% from 3Q 2022). Net income: JP¥27.3b (down 13% from 3Q 2022). Profit margin: 4.4% (down from 6.0% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to stay flat during the next 3 years compared to a 2.8% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has increased by 1% per year.お知らせ • Feb 14+ 1 more updateKkajima Corporation Revised Consolidated and Non-Consolidated Earnings Guidance for the Year Ending March 31, 2023Kajima Corporation revised consolidated and non-consolidated earnings guidance for the year ending March 31, 2023. For the period, the company revises consolidated revenue of ¥2,400,000 million compared to previous guidance of ¥2,430,000 million, Operating income of ¥121,000 compared to previous guidance of ¥113,000 million, Net income attributable to owners of the parent of ¥105,000 million compared to previous guidance of ¥100,000 million. Basic net income per share ¥214.14 compared to previous guidance of ¥203.02.For the period, the company revises non-consolidated revenue of ¥1,440,000 million compared to previous guidance of ¥1,390,000 million, Operating income of ¥82,000 compared to previous guidance of ¥72,000 million, Net income of ¥77,000 million compared to previous guidance of ¥68,000 million. Basic net income per share ¥156.73 compared to previous guidance of ¥137.79.お知らせ • Nov 30Kajima Corporation to Report Q3, 2023 Results on Feb 14, 2023Kajima Corporation announced that they will report Q3, 2023 results on Feb 14, 2023Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 9 non-independent directors. Independent Outside Director Kiyomi Saito was the last independent director to join the board, commencing their role in 2015. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Nov 16Second quarter 2023 earnings released: EPS: JP¥71.25 (vs JP¥55.75 in 2Q 2022)Second quarter 2023 results: EPS: JP¥71.25 (up from JP¥55.75 in 2Q 2022). Revenue: JP¥637.8b (up 27% from 2Q 2022). Net income: JP¥35.1b (up 26% from 2Q 2022). Profit margin: 5.5% (in line with 2Q 2022). Revenue is forecast to stay flat during the next 3 years compared to a 3.1% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.Reported Earnings • Nov 12Second quarter 2023 earnings released: EPS: JP¥55.58 (vs JP¥55.75 in 2Q 2022)Second quarter 2023 results: EPS: JP¥55.58 (down from JP¥55.75 in 2Q 2022). Revenue: JP¥568.7b (up 13% from 2Q 2022). Net income: JP¥27.4b (down 1.6% from 2Q 2022). Profit margin: 4.8% (down from 5.5% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to stay flat during the next 3 years compared to a 3.3% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.お知らせ • Nov 11+ 2 more updatesKajima Corporation Provides Dividend Guidance for the Year Ending March 31, 2023Kajima Corporation provided dividend guidance for the year ending March 31, 2023. For the year ending March 31, 2023, the company expects a dividend of ¥29.00 per share against ¥31.00 per share paid a year ago.お知らせ • Nov 10Kajima Corporation (TSE:1812) announces an Equity Buyback for 9,000,000 shares, representing 1.82% for ¥10,000 million.Kajima Corporation (TSE:1812) announces a share repurchase program. Under the program, the company will repurchase 9,000,000 shares, representing 1.82% of its share capital, for ¥10,000 million. The company will repurchase its shares in order to expand shareholder returns and improve capital efficiency. The program will run until January 31, 2023. As of October 31, 2022, the company had 493,595,380 shares outstanding (excluding treasury shares) and 35,060,631 shares in treasury.Upcoming Dividend • Sep 22Upcoming dividend of JP¥29.00 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 02 December 2022. Payout ratio is a comfortable 28% but the company is not cash flow positive. Trailing yield: 4.0%. Lower than top quartile of German dividend payers (5.1%). In line with average of industry peers (4.2%).お知らせ • Sep 03Kajima Corporation to Report Q2, 2023 Results on Nov 10, 2022Kajima Corporation announced that they will report Q2, 2023 results on Nov 10, 2022Reported Earnings • Aug 09First quarter 2023 earnings released: EPS: JP¥39.90 (vs JP¥43.85 in 1Q 2022)First quarter 2023 results: EPS: JP¥39.90 (down from JP¥43.85 in 1Q 2022). Revenue: JP¥499.6b (up 10% from 1Q 2022). Net income: JP¥19.7b (down 11% from 1Q 2022). Profit margin: 3.9% (down from 4.9% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 6.8%, compared to a 5.5% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has increased by 1% per year.お知らせ • Aug 08+ 2 more updatesKajima Corporation Provides Dividend Guidance for the Second Quarter Ending September 30, 2022Kajima Corporation provided dividend guidance for the second quarter ending September 30, 2022. For the period, the company expects a dividend of ¥29.00 per share against ¥27.00 per share paid a year ago.お知らせ • Jun 03Kajima Corporation to Report Q1, 2023 Results on Aug 08, 2022Kajima Corporation announced that they will report Q1, 2023 results on Aug 08, 2022Reported Earnings • May 15Full year 2022 earnings released: EPS: JP¥208 (vs JP¥193 in FY 2021)Full year 2022 results: EPS: JP¥208 (up from JP¥193 in FY 2021). Revenue: JP¥2.08t (up 9.0% from FY 2021). Net income: JP¥103.9b (up 5.4% from FY 2021). Profit margin: 5.0% (down from 5.2% in FY 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 1.6%, compared to a 6.9% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.お知らせ • May 13+ 2 more updatesKajima Corporation Provides Dividend Guidance for the Fiscal Year Ended March 31, 2023Kajima Corporation provided dividend guidance for the fiscal year ended March 31, 2023. For the year, the company expects dividend of JPY 29.00 per share.Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 9 non-independent directors. Independent Outside Director Kiyomi Saito was the last independent director to join the board, commencing their role in 2015. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.お知らせ • Apr 13Kajima Corporation, Annual General Meeting, Jun 28, 2022Kajima Corporation, Annual General Meeting, Jun 28, 2022. Agenda: To amend the Articles of Incorporation; and to transact other business matters.Upcoming Dividend • Mar 23Upcoming dividend of JP¥27.00 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 28 June 2022. Payout ratio is a comfortable 27% but the company is not cash flow positive. Trailing yield: 3.4%. Lower than top quartile of German dividend payers (3.6%). Lower than average of industry peers (3.8%).お知らせ • Feb 24Kajima Corporation (TSE:1812) agreed to acquire 55 Market Street, Singapore for SGD 290 million.Kajima Corporation (TSE:1812) agreed to acquire 55 Market Street, Singapore for SGD 290 million on February 23, 2022.Reported Earnings • Feb 11Third quarter 2022 earnings: EPS in line with analyst expectations despite revenue beatThird quarter 2022 results: EPS: JP¥63.23 (up from JP¥48.29 in 3Q 2021). Revenue: JP¥526.5b (up 11% from 3Q 2021). Net income: JP¥31.5b (up 28% from 3Q 2021). Profit margin: 6.0% (up from 5.2% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.8%. Over the next year, revenue is forecast to grow 3.6%, compared to a 10% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has fallen by 5% per year.お知らせ • Feb 10+ 2 more updatesKajima Corporation (TSE:1812) announces an Equity Buyback for 9,200,000 shares, representing 1.84% for ¥10,000 million.Kajima Corporation (TSE:1812) announces a share repurchase program. Under the program, the company will repurchase 9,200,000 shares, representing 1.84% of its share capital, for ¥10,000 million. The company will repurchase its shares in order to expand shareholder returns and improve capital efficiency. The program will run until April 30, 2022. As of January 31, 2022, the company had 499,849,443 shares outstanding (excluding treasury shares) and 28,806,568 shares in treasury.Reported Earnings • Nov 10Second quarter 2022 earnings released: EPS JP¥55.75 (vs JP¥49.58 in 2Q 2021)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥502.3b (up 6.5% from 2Q 2021). Net income: JP¥27.8b (up 9.4% from 2Q 2021). Profit margin: 5.5% (up from 5.4% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has fallen by 2% per year.Upcoming Dividend • Sep 22Upcoming dividend of JP¥27.00 per shareEligible shareholders must have bought the stock before 29 September 2021. Payment date: 02 December 2021. Trailing yield: 3.7%. Within top quartile of German dividend payers (3.2%). Higher than average of industry peers (3.2%).Reported Earnings • Aug 08First quarter 2022 earnings released: EPS JP¥43.85 (vs JP¥51.61 in 1Q 2021)The company reported a soft first quarter result with weaker earnings and profit margins, although revenues improved. First quarter 2022 results: Revenue: JP¥453.8b (up 3.0% from 1Q 2021). Net income: JP¥22.1b (down 17% from 1Q 2021). Profit margin: 4.9% (down from 6.0% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has fallen by 5% per year.Reported Earnings • May 16Full year 2021 earnings released: EPS JP¥193 (vs JP¥201 in FY 2020)The company reported a soft full year result with weaker earnings and revenues, although profit margins were improved. Full year 2021 results: Revenue: JP¥1.91t (down 5.2% from FY 2020). Net income: JP¥98.5b (down 4.6% from FY 2020). Profit margin: 5.2% (up from 5.1% in FY 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has fallen by 7% per year.お知らせ • May 15+ 2 more updatesKajima Corporation Provides Consolidated and Non-Consolidated Earnings Guidance for the Year Ending March 31, 2022Kajima Corporation provided consolidated and non-consolidated earnings guidance for the year ending March 31, 2022. For the year, on consolidated basis, the company expects revenue of JPY 2,010,000 million, operating income of JPY 104,000 million, net income attributable to owners of the parent of JPY 80,000 million and basic net income per share of JPY 158.31. For the year, on non-consolidated basis, the company expects revenue of JPY 1,250,000 million, operating income of JPY 84,500 million, net income of JPY 66,000 million and basic net income per share of JPY 130.36.Upcoming Dividend • Mar 23Upcoming dividend of JP¥25.00 per shareEligible shareholders must have bought the stock before 30 March 2021. Payment date: 26 June 2021. Trailing yield: 3.1%. Lower than top quartile of German dividend payers (3.3%). In line with average of industry peers (3.3%).お知らせ • Mar 21Kajima Corporation to Report Fiscal Year 2021 Results on May 14, 2021Kajima Corporation announced that they will report fiscal year 2021 results on May 14, 2021Is New 90 Day High Low • Feb 27New 90-day low: €10.30The company is down 6.0% from its price of €10.90 on 27 November 2020. The German market is up 7.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Construction industry, which is down 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €10.72 per share.Reported Earnings • Feb 14Third quarter 2021 earnings released: EPS JP¥48.29 (vs JP¥38.04 in 3Q 2020)The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: JP¥476.3b (down 2.8% from 3Q 2020). Net income: JP¥24.6b (up 26% from 3Q 2020). Profit margin: 5.2% (up from 4.0% in 3Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 6% per year whereas the company’s share price has fallen by 8% per year.Analyst Estimate Surprise Post Earnings • Feb 14Revenue beats expectationsRevenue exceeded analyst estimates by 0.5%. Over the next year, revenue is forecast to stay flat compared to a 4.9% growth forecast for the Construction industry in Germany.Is New 90 Day High Low • Feb 10New 90-day high: €11.70The company is up 18% from its price of €9.95 on 11 November 2020. The German market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Construction industry, which is up 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €11.12 per share.Is New 90 Day High Low • Jan 13New 90-day high: €11.10The company is up 16% from its price of €9.60 on 15 October 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Construction industry, which is up 18% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €11.08 per share.株主還元KAJDE ConstructionDE 市場7D-5.1%-8.5%3.2%1Y32.1%165.6%2.5%株主還元を見る業界別リターン: KAJ過去 1 年間で165.6 % の収益を上げたGerman Construction業界を下回りました。リターン対市場: KAJ過去 1 年間で2.5 % の収益を上げたGerman市場を上回りました。価格変動Is KAJ's price volatile compared to industry and market?KAJ volatilityKAJ Average Weekly Movement6.7%Construction Industry Average Movement5.4%Market Average Movement6.1%10% most volatile stocks in DE Market13.3%10% least volatile stocks in DE Market2.7%安定した株価: KAJ 、 German市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: KAJの 週次ボラティリティ ( 7% ) は過去 1 年間安定しています。会社概要設立従業員CEO（最高経営責任者ウェブサイト184021,029Yoshikazu Oshimiwww.kajima.co.jp鹿島建設は、土木、建築、不動産開発、建築設計などの事業を世界各地で展開している。発電所、鉄道、道路、空港、港湾の建設、浄水場・下水処理場、製鉄所、化学生産施設の建設、書籍出版、ホテル・レジャー、緑化・保険事業などを手掛ける。また、設計・コンサルティング、エンジニアリング、調達・建設、ビル管理も行っている。さらに、不動産の投資、運営、リース、管理、仲介、鑑定、ホテルの経営、有料道路の運営、旅行代理店、人材派遣、人材ビジネス、建築設備のリース、廃棄物の収集・運搬・処理、広報・広告ビジネスも手がけている。同社は1840年に設立され、東京に本社を置いている。もっと見るKajima Corporation 基礎のまとめKajima の収益と売上を時価総額と比較するとどうか。KAJ 基礎統計学時価総額€13.79b収益（TTM）€959.97m売上高(TTM)€16.60b14.4xPER（株価収益率0.8xP/SレシオKAJ は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計KAJ 損益計算書（TTM）収益JP¥3.07t売上原価JP¥2.64t売上総利益JP¥425.87bその他の費用JP¥248.54b収益JP¥177.33b直近の収益報告Mar 31, 2026次回決算日該当なし一株当たり利益（EPS）380.59グロス・マージン13.88%純利益率5.78%有利子負債／自己資本比率58.0%KAJ の長期的なパフォーマンスは？過去の実績と比較を見る配当金2.7%現在の配当利回り38%配当性向KAJ 配当は確実ですか？KAJ 配当履歴とベンチマークを見るKAJ 、いつまでに購入すれば配当金を受け取れますか？Kajima 配当日配当落ち日Mar 30 2026配当支払日Jun 29 2026配当落ちまでの日数55 days配当支払日までの日数36 daysKAJ 配当は確実ですか？KAJ 配当履歴とベンチマークを見るView Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/24 08:52終値2026/05/22 00:00収益2026/03/31年間収益2026/03/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Kajima Corporation 6 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。18 アナリスト機関Takumi KasaiBofA Global ResearchShusuke TeradaCitigroup Incnull nullCLSA15 その他のアナリストを表示
Buy Or Sell Opportunity • May 21Now 23% undervalued after recent price dropOver the last 90 days, the stock has fallen 21% to €30.00. The fair value is estimated to be €39.21, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.9% over the last 3 years. Earnings per share has grown by 20%. For the next 3 years, revenue is forecast to grow by 3.1% per annum. Earnings are also forecast to grow by 9.3% per annum over the same time period.
Board Change • May 21Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 5 independent directors. 6 non-independent directors. Independent Outside Director Yuko Yasuda was the last independent director to join the board, commencing their role in 2025. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.
お知らせ • May 14+ 1 more updateKajima Corporation, Annual General Meeting, Jun 26, 2026Kajima Corporation, Annual General Meeting, Jun 26, 2026.
お知らせ • Mar 12Kajima Corporation to Report Fiscal Year 2026 Results on May 14, 2026Kajima Corporation announced that they will report fiscal year 2026 results on May 14, 2026
お知らせ • Feb 13+ 1 more updateKajima Corporation Revises Consolidated and Non-Consolidated Earnings Guidance for the Year Ending March 31, 2026Kajima Corporation revised consolidated and non-consolidated earnings guidance for the year ending March 31, 2026. For the year on consolidated basis, the company revised revenues to be JPY 3,030,000 million, operating income to be JPY 228,000 million, net income attributable to owners of parent to be JPY 170,000 million and basic net income per share to be JPY 364.11 compared to previous revenue of JPY 3,000,000 million, operating income of JPY 202,000 million, net income attributable to owners of parent JPY 155,000 million and basic net income per share JPY 331.98. For the year on non-consolidated basis, the company revised revenues to be JPY 1,690,000 million, operating income to be JPY 166,000 million, net income attributable to owners of parent to be JPY 142,000 million, Net Income of JPY 142,000 and basic net income per share to be JPY 303.52 compared to previous revenue of JPY 1,660,000 million, operating income of JPY 142,000 million, Net income of 125,00 million and basic net income per share JPY 267.18. Reasons for Revisions to the Financial Forecast: Regarding the consolidated financial forecast, the Company expects revenues and income to exceed the previous forecast, mainly due to the upward revision of the nonconsolidated financial forecast. Net income attributable to owners of the parent is expected to reach JPY 170.0 billion, an increase of JPY 15.0 billion over the previous forecast. For the nonconsolidated financial forecast, revenues are expected to increase, as the percentage of completion at the end of the fiscal year has been revised due to the overall smooth progress of construction in the building construction business. In addition, gross profit in the construction business is expected to increase due to cost reductions and the conclusion of additional change orders, and the forecasts for revenues and income have been revised upward. The gross profit margin for the construction business is expected to be 14.7% (23.3% in civil engineering, 11.6% in building construction), exceeding the previous forecast of 13.5% (21.4% in civil engineering, 10.5% in building construction). For domestic subsidiaries and affiliates, net income attributable to owners of the parent is expected to exceed the previous forecast, driven by improved profitability in the construction business. Regarding overseas subsidiaries and affiliates, while profits from the construction business are expected to exceed the previous forecast, net income attributable to owners of the parent is expected to fall short of the previously announced forecast by JPY 5.0 billion. This is primarily due to an increase in the number of properties in the real estate development business in the U.S., Europe and Southeast Asia whose sale has been rescheduled from this fiscal year to the next fiscal year or later, in anticipation of declining interest rates and improving real estate market conditions. The exchange rate applied is JPY 156.56 = USD 1.00 as of the end of December 2025.
お知らせ • Jan 27+ 1 more updateKajima Corporation Announces President ChangesKajima Corporation (the Company) announced that its President, Hiromasa Amano, passed away and stepped down from his position on January 23, 2026, at the age of 74. The Company also announced that the Company's Board of Directors on January 27, 2026 adopted a resolution to change Representative Director as follows. Details of the change (With effect from January 27, 2026): Chairman and President, Representative Director Yoshikazu Oshimi (current position: Chairman, Representative Director). Career summary of Yoshikazu Oshimi (February 21, 1949): April 1974 Joined the Company; June 2005 Executive Officer, General Manager, Yokohama Branch; April 2008 Managing Executive Officer; April 2009 General Manager, Building Construction Management Division; April 2010 Senior Executive Officer; April 2013 General Manager, Kansai Branch; April 2015 Executive Vice President; June 2015 President, Representative Director; June 2021 Chairman, Representative Director; January 2026 Chairman and President, Representative Director.
Buy Or Sell Opportunity • May 21Now 23% undervalued after recent price dropOver the last 90 days, the stock has fallen 21% to €30.00. The fair value is estimated to be €39.21, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.9% over the last 3 years. Earnings per share has grown by 20%. For the next 3 years, revenue is forecast to grow by 3.1% per annum. Earnings are also forecast to grow by 9.3% per annum over the same time period.
Board Change • May 21Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 5 independent directors. 6 non-independent directors. Independent Outside Director Yuko Yasuda was the last independent director to join the board, commencing their role in 2025. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.
お知らせ • May 14+ 1 more updateKajima Corporation, Annual General Meeting, Jun 26, 2026Kajima Corporation, Annual General Meeting, Jun 26, 2026.
お知らせ • Mar 12Kajima Corporation to Report Fiscal Year 2026 Results on May 14, 2026Kajima Corporation announced that they will report fiscal year 2026 results on May 14, 2026
お知らせ • Feb 13+ 1 more updateKajima Corporation Revises Consolidated and Non-Consolidated Earnings Guidance for the Year Ending March 31, 2026Kajima Corporation revised consolidated and non-consolidated earnings guidance for the year ending March 31, 2026. For the year on consolidated basis, the company revised revenues to be JPY 3,030,000 million, operating income to be JPY 228,000 million, net income attributable to owners of parent to be JPY 170,000 million and basic net income per share to be JPY 364.11 compared to previous revenue of JPY 3,000,000 million, operating income of JPY 202,000 million, net income attributable to owners of parent JPY 155,000 million and basic net income per share JPY 331.98. For the year on non-consolidated basis, the company revised revenues to be JPY 1,690,000 million, operating income to be JPY 166,000 million, net income attributable to owners of parent to be JPY 142,000 million, Net Income of JPY 142,000 and basic net income per share to be JPY 303.52 compared to previous revenue of JPY 1,660,000 million, operating income of JPY 142,000 million, Net income of 125,00 million and basic net income per share JPY 267.18. Reasons for Revisions to the Financial Forecast: Regarding the consolidated financial forecast, the Company expects revenues and income to exceed the previous forecast, mainly due to the upward revision of the nonconsolidated financial forecast. Net income attributable to owners of the parent is expected to reach JPY 170.0 billion, an increase of JPY 15.0 billion over the previous forecast. For the nonconsolidated financial forecast, revenues are expected to increase, as the percentage of completion at the end of the fiscal year has been revised due to the overall smooth progress of construction in the building construction business. In addition, gross profit in the construction business is expected to increase due to cost reductions and the conclusion of additional change orders, and the forecasts for revenues and income have been revised upward. The gross profit margin for the construction business is expected to be 14.7% (23.3% in civil engineering, 11.6% in building construction), exceeding the previous forecast of 13.5% (21.4% in civil engineering, 10.5% in building construction). For domestic subsidiaries and affiliates, net income attributable to owners of the parent is expected to exceed the previous forecast, driven by improved profitability in the construction business. Regarding overseas subsidiaries and affiliates, while profits from the construction business are expected to exceed the previous forecast, net income attributable to owners of the parent is expected to fall short of the previously announced forecast by JPY 5.0 billion. This is primarily due to an increase in the number of properties in the real estate development business in the U.S., Europe and Southeast Asia whose sale has been rescheduled from this fiscal year to the next fiscal year or later, in anticipation of declining interest rates and improving real estate market conditions. The exchange rate applied is JPY 156.56 = USD 1.00 as of the end of December 2025.
お知らせ • Jan 27+ 1 more updateKajima Corporation Announces President ChangesKajima Corporation (the Company) announced that its President, Hiromasa Amano, passed away and stepped down from his position on January 23, 2026, at the age of 74. The Company also announced that the Company's Board of Directors on January 27, 2026 adopted a resolution to change Representative Director as follows. Details of the change (With effect from January 27, 2026): Chairman and President, Representative Director Yoshikazu Oshimi (current position: Chairman, Representative Director). Career summary of Yoshikazu Oshimi (February 21, 1949): April 1974 Joined the Company; June 2005 Executive Officer, General Manager, Yokohama Branch; April 2008 Managing Executive Officer; April 2009 General Manager, Building Construction Management Division; April 2010 Senior Executive Officer; April 2013 General Manager, Kansai Branch; April 2015 Executive Vice President; June 2015 President, Representative Director; June 2021 Chairman, Representative Director; January 2026 Chairman and President, Representative Director.
お知らせ • Jan 08Nippon Building Fund Inc. (TSE:8951) agreed to acquire Nihonbashi Honcho M-SQUARE in central Tokyo from Mitsui Fudosan Co., Ltd. (TSE:8801) and Kajima Corporation (TSE:1812) for ¥32.1 billion.Nippon Building Fund Inc. (TSE:8951) agreed to acquire Nihonbashi Honcho M-SQUARE in central Tokyo from Mitsui Fudosan Co., Ltd. (TSE:8801) and Kajima Corporation (TSE:1812) for ¥32.1 billion on January 7, 2026. A cash consideration of ¥32.11 billion will be paid by Nippon Building Fund Inc. As part of consideration, ¥32.11 billion is paid towards assets of Nihonbashi Honcho M-SQUARE in central Tokyo. The transaction will be financed through equity investment of ¥22.63 billion. In related transactions, Nippon Building Fund Inc. agreed to acquire Toyosu Bayside Cross Tower in Tokyo from Mitsui Fudosan Co., Ltd. and Mitsui Fudosan Co., Ltd. (TSE:8801) entered into a contract to acquire Sumitomo Densetsu Bldg. from Nippon Building Fund Inc. For the period ending December 31, 2025, Nihonbashi Honcho M-SQUARE in central Tokyo reported total revenue of ¥1.26 billion. The expected completion of the transaction is March 31, 2026.
お知らせ • Dec 04Kajima Corporation to Report Q3, 2026 Results on Feb 12, 2026Kajima Corporation announced that they will report Q3, 2026 results on Feb 12, 2026
お知らせ • Nov 11+ 1 more updateKajima Corporation Announces Dividend for the Second Quarter Ended September 30, 2025, Payable on December 2, 2025; Provides Dividend Guidance for the Year Ending March 31, 2026Kajima Corporation announced dividend for the second Quarter ended September 30, 2025. For the quarter, the company announced dividend of JPY 56.00 per share against JPY 45.00 per share a year ago. Dividend payable date (as planned) is December 2, 2025. For the year ending March 31, 2026, the company expects to pay dividend of JPY 76.00 per share against JPY 59.00 per share a year ago.
お知らせ • Sep 02Kajima Corporation to Report Q2, 2026 Results on Nov 11, 2025Kajima Corporation announced that they will report Q2, 2026 results on Nov 11, 2025
お知らせ • Jun 04Kajima Corporation to Report Q1, 2026 Results on Aug 06, 2025Kajima Corporation announced that they will report Q1, 2026 results on Aug 06, 2025
お知らせ • May 15Kajima Corporation (TSE:1812) announces an Equity Buyback for 9,000,000 shares, representing 1.9% for ¥20,000 million.Kajima Corporation (TSE:1812) announces a share repurchase program. Under the program, the company will repurchase up to 9,000,000 shares, representing 1.9% of its total shares outstanding (excluding treasury shares), for a total of ¥20,000 million. The purpose of the program is to improve capital efficiency and enhance shareholder returns. The repurchase program is valid till September 30, 2025. As of April 30, 2025, the company had 473,287,066 shares outstanding (excluding treasury shares) and had 55,368,945 shares in treasury.
お知らせ • May 14Kajima Corporation, Annual General Meeting, Jun 27, 2025Kajima Corporation, Annual General Meeting, Jun 27, 2025.
お知らせ • Mar 05Kajima Corporation to Report Fiscal Year 2025 Results on May 14, 2025Kajima Corporation announced that they will report fiscal year 2025 results on May 14, 2025
お知らせ • Feb 18Kajima Corporation Announces the Retirement of Kiyomi Saito as Director (Outside Director), Effective from June 27, 2025Kajima Corporation announced the retirement of Kiyomi Saito as Director (Outside Director) scheduled for June 27, 2025, (scheduled to assume office as Advisor).
お知らせ • Dec 03Kajima Corporation to Report Q3, 2025 Results on Feb 12, 2025Kajima Corporation announced that they will report Q3, 2025 results on Feb 12, 2025
New Risk • Nov 16New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (currently running at an operating cash loss). Minor Risk Paying a dividend despite having no free cash flows.
Reported Earnings • Nov 16Second quarter 2025 earnings released: EPS: JP¥37.64 (vs JP¥63.75 in 2Q 2024)Second quarter 2025 results: EPS: JP¥37.64 (down from JP¥63.75 in 2Q 2024). Revenue: JP¥708.4b (down 1.9% from 2Q 2024). Net income: JP¥17.7b (down 42% from 2Q 2024). Profit margin: 2.5% (down from 4.2% in 2Q 2024). Revenue is forecast to grow 2.2% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 17% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Sep 26Kajima Corporation to Report Q2, 2025 Results on Nov 12, 2024Kajima Corporation announced that they will report Q2, 2025 results on Nov 12, 2024
Upcoming Dividend • Sep 20Upcoming dividend of JP¥45.00 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 04 December 2024. Payout ratio is a comfortable 38% and this is well supported by cash flows. Trailing yield: 3.3%. Lower than top quartile of German dividend payers (4.7%). In line with average of industry peers (3.6%).
Reported Earnings • Aug 07First quarter 2025 earnings released: EPS: JP¥36.60 (vs JP¥40.03 in 1Q 2024)First quarter 2025 results: EPS: JP¥36.60 (down from JP¥40.03 in 1Q 2024). Revenue: JP¥613.2b (up 5.1% from 1Q 2024). Net income: JP¥17.4b (down 10.0% from 1Q 2024). Profit margin: 2.8% (down from 3.3% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.3% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 8% per year.
Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to €13.90, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 11x in the Construction industry in Europe. Total returns to shareholders of 42% over the past three years.
Declared Dividend • Jul 11Final dividend of JP¥45.00 announcedShareholders will receive a dividend of JP¥45.00. Ex-date: 27th September 2024 Payment date: 4th December 2024 Dividend yield will be 287%, which is higher than the industry average of 2.9%. Sustainability & Growth Dividend is covered by both earnings (38% earnings payout ratio) and cash flows (53% cash payout ratio). The dividend has increased by an average of 25% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 19% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Jun 06Kajima Corporation to Report Q1, 2025 Results on Aug 06, 2024Kajima Corporation announced that they will report Q1, 2025 results on Aug 06, 2024
Reported Earnings • May 16Full year 2024 earnings released: EPS: JP¥239 (vs JP¥228 in FY 2023)Full year 2024 results: EPS: JP¥239 (up from JP¥228 in FY 2023). Revenue: JP¥2.67t (up 11% from FY 2023). Net income: JP¥115.0b (up 2.9% from FY 2023). Profit margin: 4.3% (down from 4.7% in FY 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.0% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 11% per year.
Buy Or Sell Opportunity • May 15Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 6.1% to €15.40. The fair value is estimated to be €19.57, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 4.9%. For the next 3 years, revenue is forecast to grow by 2.3% per annum. Earnings are also forecast to grow by 8.2% per annum over the same time period.
お知らせ • May 15+ 1 more updateKajima Corporation (TSE:1812) announces an Equity Buyback for 12,000,000 shares, representing 2.48% for ¥30,000 million.Kajima Corporation (TSE:1812) announces a share repurchase program. Under the program, the company will repurchase up to 12,000,000 shares, representing 2.48% of its total shares outstanding (excluding treasury shares), for a total of ¥30,000 million. The purpose of the program is to expand shareholder returns and improve capital efficiency. The repurchase program is valid till September 30, 2024. As of April 30, 2024, the company had 484,423,522 shares outstanding (excluding treasury shares) and had 44,232,489 shares in treasury.
お知らせ • Mar 27Kajima Corporation to Report Fiscal Year 2024 Results on May 14, 2024Kajima Corporation announced that they will report fiscal year 2024 results on May 14, 2024
Upcoming Dividend • Mar 21Upcoming dividend of JP¥35.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 01 July 2024. Payout ratio is a comfortable 35% but the company is not cash flow positive. Trailing yield: 2.3%. Lower than top quartile of German dividend payers (5.0%). Lower than average of industry peers (4.0%).
Valuation Update With 7 Day Price Move • Mar 11Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €19.40, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 12x in the Construction industry in Europe. Total returns to shareholders of 84% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €34.75 per share.
お知らせ • Feb 16+ 1 more updateKajima Corporation Announces Board RetirementsKajima Corporation at the Board of Directors' Meeting held February 13, 2024, adopted a resolution to change Directors and Audit & Supervisory Board Members as follows. The changes will be officially determined after obtaining approval at the Ordinary Stockholders' Meeting to be held on June 25, 2024, and the subsequent Audit & Supervisory Board Meeting. Change of Directors (scheduled for June 25, 2024): Retiring member: Director: Ken Uchida. Change of Audit & Supervisory Board Members (scheduled for June 25, 2024): Retiring members: Standing Audit & Supervisory Board Member Takashi Kumano, Audit & Supervisory Board Member: (Outside Audit & Supervisory Board Member): Yukiko Fujikawa.
Reported Earnings • Feb 14Third quarter 2024 earnings released: EPS: JP¥55.23 (vs JP¥55.75 in 3Q 2023)Third quarter 2024 results: EPS: JP¥55.23 (down from JP¥55.75 in 3Q 2023). Revenue: JP¥688.8b (up 12% from 3Q 2023). Net income: JP¥26.6b (down 2.8% from 3Q 2023). Profit margin: 3.9% (down from 4.4% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.3% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Feb 13Kajima Corporation Provides Year End Dividend Guidance for the Fiscal Year Ending March 31, 2024Kajima Corporation provided year end dividend guidance for the fiscal year ending March 31, 2024. For the full year, the company expected year end dividend of JPY 35 per share compared to JPY 41 per share paid a year ago.
Buy Or Sell Opportunity • Jan 26Now 22% undervaluedOver the last 90 days, the stock has risen 4.6% to €16.00. The fair value is estimated to be €20.53, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Earnings per share has grown by 4.5%. For the next 3 years, revenue is forecast to grow by 1.8% per annum. Earnings are also forecast to grow by 5.7% per annum over the same time period.
Buying Opportunity • Jan 18Now 22% undervaluedOver the last 90 days, the stock is up 8.8%. The fair value is estimated to be €20.55, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Earnings per share has grown by 4.5%. For the next 3 years, revenue is forecast to grow by 2.1% per annum. Earnings is also forecast to grow by 5.0% per annum over the same time period.
お知らせ • Dec 01Kajima Corporation to Report Q3, 2024 Results on Feb 13, 2024Kajima Corporation announced that they will report Q3, 2024 results on Feb 13, 2024
お知らせ • Nov 15Kajima Corporation Revises Consolidated and Non-Consolidated Earnings Guidance for the Year Ending March 31, 2024Kajima Corporation revised consolidated and non-consolidated earnings guidance for the year ending March 31, 2024. For the year ending March 31, 2024, on consolidated basis, the company expects revenue of JPY 2,610,000 million compared to previous guidance of JPY 2,480,000 million, operating income of JPY 144,000 million compared to previous guidance of JPY 142,000 million and net income attributable to owners of the parent of JPY 107,000 million or JPY 222.09 per basic share compared to previous guidance of JPY 105,000 million or JPY 217.94 per basic share.For the year ending March 31, 2024, on non-consolidated basis, the company expects revenue of JPY 1,480,000 million compared to previous guidance of JPY 1,440,000 million, operating income of JPY 99,000 million compared to previous guidance of JPY 98,000 million and net income of JPY 87,000 million or JPY 180.22 per basic share compared to previous guidance of JPY 83,000 million or JPY 171.94 per basic share.
Reported Earnings • Nov 14Second quarter 2024 earnings released: EPS: JP¥63.75 (vs JP¥71.25 in 2Q 2023)Second quarter 2024 results: EPS: JP¥63.75 (down from JP¥71.25 in 2Q 2023). Revenue: JP¥722.3b (up 13% from 2Q 2023). Net income: JP¥30.7b (down 13% from 2Q 2023). Profit margin: 4.2% (down from 5.5% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to stay flat during the next 3 years compared to a 7.0% growth forecast for the Construction industry in Germany. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 12% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Sep 27Kajima Corporation to Report Q2, 2024 Results on Nov 13, 2023Kajima Corporation announced that they will report Q2, 2024 results on Nov 13, 2023
Upcoming Dividend • Sep 21Upcoming dividend of JP¥35.00 per share at 2.8% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 04 December 2023. Payout ratio is a comfortable 31% but the company is not cash flow positive. Trailing yield: 2.8%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (3.8%).
Reported Earnings • Aug 10First quarter 2024 earnings released: EPS: JP¥40.03 (vs JP¥39.90 in 1Q 2023)First quarter 2024 results: EPS: JP¥40.03. Revenue: JP¥583.5b (up 17% from 1Q 2023). Net income: JP¥19.4b (down 1.5% from 1Q 2023). Profit margin: 3.3% (down from 3.9% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to stay flat during the next 3 years compared to a 12% growth forecast for the Construction industry in Germany.
お知らせ • Jun 04Kajima Corporation to Report Q1, 2024 Results on Aug 09, 2023Kajima Corporation announced that they will report Q1, 2024 results on Aug 09, 2023
Reported Earnings • May 19Full year 2023 earnings released: EPS: JP¥228 (vs JP¥208 in FY 2022)Full year 2023 results: EPS: JP¥228 (up from JP¥208 in FY 2022). Revenue: JP¥2.39t (up 15% from FY 2022). Net income: JP¥111.8b (up 7.6% from FY 2022). Profit margin: 4.7% (down from 5.0% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to stay flat during the next 3 years compared to a 3.0% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 11% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • May 17+ 3 more updatesKajima Corporation Provides Dividend Guidance for the Fiscal Year Ended March 31, 2024Kajima Corporation provided dividend guidance for the fiscal year ended March 31, 2024. For the year, the company expects dividend of JPY 35.00 per share.
お知らせ • May 16Kajima Corporation (TSE:1812) announces an Equity Buyback for 7,000,000 shares, representing 1.44% for ¥10,000 million.Kajima Corporation (TSE:1812) announces a share repurchase program. Under the program, the company will repurchase up to 7,000,000 shares, representing 1.44% of its total shares outstanding (excluding treasury shares), for a total of ¥10,000 million. The purpose of the program is to improve capital efficiency and to enhance shareholder returns. The repurchase program is valid till September 30, 2023. As of April 30, 2023, the company had 487,031,290 shares outstanding (excluding treasury shares) and had 41,624,721 shares in treasury.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥33.00 per share at 3.7% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 29 June 2023. Payout ratio is a comfortable 28% but the company is not cash flow positive. Trailing yield: 3.7%. Lower than top quartile of German dividend payers (4.7%). In line with average of industry peers (3.8%).
お知らせ • Feb 17Kajima Corporation, Annual General Meeting, Jun 28, 2023Kajima Corporation, Annual General Meeting, Jun 28, 2023.
Reported Earnings • Feb 16Third quarter 2023 earnings released: EPS: JP¥55.75 (vs JP¥63.23 in 3Q 2022)Third quarter 2023 results: EPS: JP¥55.75 (down from JP¥63.23 in 3Q 2022). Revenue: JP¥615.6b (up 17% from 3Q 2022). Net income: JP¥27.3b (down 13% from 3Q 2022). Profit margin: 4.4% (down from 6.0% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to stay flat during the next 3 years compared to a 2.8% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has increased by 1% per year.
お知らせ • Feb 14+ 1 more updateKkajima Corporation Revised Consolidated and Non-Consolidated Earnings Guidance for the Year Ending March 31, 2023Kajima Corporation revised consolidated and non-consolidated earnings guidance for the year ending March 31, 2023. For the period, the company revises consolidated revenue of ¥2,400,000 million compared to previous guidance of ¥2,430,000 million, Operating income of ¥121,000 compared to previous guidance of ¥113,000 million, Net income attributable to owners of the parent of ¥105,000 million compared to previous guidance of ¥100,000 million. Basic net income per share ¥214.14 compared to previous guidance of ¥203.02.For the period, the company revises non-consolidated revenue of ¥1,440,000 million compared to previous guidance of ¥1,390,000 million, Operating income of ¥82,000 compared to previous guidance of ¥72,000 million, Net income of ¥77,000 million compared to previous guidance of ¥68,000 million. Basic net income per share ¥156.73 compared to previous guidance of ¥137.79.
お知らせ • Nov 30Kajima Corporation to Report Q3, 2023 Results on Feb 14, 2023Kajima Corporation announced that they will report Q3, 2023 results on Feb 14, 2023
Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 9 non-independent directors. Independent Outside Director Kiyomi Saito was the last independent director to join the board, commencing their role in 2015. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Nov 16Second quarter 2023 earnings released: EPS: JP¥71.25 (vs JP¥55.75 in 2Q 2022)Second quarter 2023 results: EPS: JP¥71.25 (up from JP¥55.75 in 2Q 2022). Revenue: JP¥637.8b (up 27% from 2Q 2022). Net income: JP¥35.1b (up 26% from 2Q 2022). Profit margin: 5.5% (in line with 2Q 2022). Revenue is forecast to stay flat during the next 3 years compared to a 3.1% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.
Reported Earnings • Nov 12Second quarter 2023 earnings released: EPS: JP¥55.58 (vs JP¥55.75 in 2Q 2022)Second quarter 2023 results: EPS: JP¥55.58 (down from JP¥55.75 in 2Q 2022). Revenue: JP¥568.7b (up 13% from 2Q 2022). Net income: JP¥27.4b (down 1.6% from 2Q 2022). Profit margin: 4.8% (down from 5.5% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to stay flat during the next 3 years compared to a 3.3% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.
お知らせ • Nov 11+ 2 more updatesKajima Corporation Provides Dividend Guidance for the Year Ending March 31, 2023Kajima Corporation provided dividend guidance for the year ending March 31, 2023. For the year ending March 31, 2023, the company expects a dividend of ¥29.00 per share against ¥31.00 per share paid a year ago.
お知らせ • Nov 10Kajima Corporation (TSE:1812) announces an Equity Buyback for 9,000,000 shares, representing 1.82% for ¥10,000 million.Kajima Corporation (TSE:1812) announces a share repurchase program. Under the program, the company will repurchase 9,000,000 shares, representing 1.82% of its share capital, for ¥10,000 million. The company will repurchase its shares in order to expand shareholder returns and improve capital efficiency. The program will run until January 31, 2023. As of October 31, 2022, the company had 493,595,380 shares outstanding (excluding treasury shares) and 35,060,631 shares in treasury.
Upcoming Dividend • Sep 22Upcoming dividend of JP¥29.00 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 02 December 2022. Payout ratio is a comfortable 28% but the company is not cash flow positive. Trailing yield: 4.0%. Lower than top quartile of German dividend payers (5.1%). In line with average of industry peers (4.2%).
お知らせ • Sep 03Kajima Corporation to Report Q2, 2023 Results on Nov 10, 2022Kajima Corporation announced that they will report Q2, 2023 results on Nov 10, 2022
Reported Earnings • Aug 09First quarter 2023 earnings released: EPS: JP¥39.90 (vs JP¥43.85 in 1Q 2022)First quarter 2023 results: EPS: JP¥39.90 (down from JP¥43.85 in 1Q 2022). Revenue: JP¥499.6b (up 10% from 1Q 2022). Net income: JP¥19.7b (down 11% from 1Q 2022). Profit margin: 3.9% (down from 4.9% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 6.8%, compared to a 5.5% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has increased by 1% per year.
お知らせ • Aug 08+ 2 more updatesKajima Corporation Provides Dividend Guidance for the Second Quarter Ending September 30, 2022Kajima Corporation provided dividend guidance for the second quarter ending September 30, 2022. For the period, the company expects a dividend of ¥29.00 per share against ¥27.00 per share paid a year ago.
お知らせ • Jun 03Kajima Corporation to Report Q1, 2023 Results on Aug 08, 2022Kajima Corporation announced that they will report Q1, 2023 results on Aug 08, 2022
Reported Earnings • May 15Full year 2022 earnings released: EPS: JP¥208 (vs JP¥193 in FY 2021)Full year 2022 results: EPS: JP¥208 (up from JP¥193 in FY 2021). Revenue: JP¥2.08t (up 9.0% from FY 2021). Net income: JP¥103.9b (up 5.4% from FY 2021). Profit margin: 5.0% (down from 5.2% in FY 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 1.6%, compared to a 6.9% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.
お知らせ • May 13+ 2 more updatesKajima Corporation Provides Dividend Guidance for the Fiscal Year Ended March 31, 2023Kajima Corporation provided dividend guidance for the fiscal year ended March 31, 2023. For the year, the company expects dividend of JPY 29.00 per share.
Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 9 non-independent directors. Independent Outside Director Kiyomi Saito was the last independent director to join the board, commencing their role in 2015. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
お知らせ • Apr 13Kajima Corporation, Annual General Meeting, Jun 28, 2022Kajima Corporation, Annual General Meeting, Jun 28, 2022. Agenda: To amend the Articles of Incorporation; and to transact other business matters.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥27.00 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 28 June 2022. Payout ratio is a comfortable 27% but the company is not cash flow positive. Trailing yield: 3.4%. Lower than top quartile of German dividend payers (3.6%). Lower than average of industry peers (3.8%).
お知らせ • Feb 24Kajima Corporation (TSE:1812) agreed to acquire 55 Market Street, Singapore for SGD 290 million.Kajima Corporation (TSE:1812) agreed to acquire 55 Market Street, Singapore for SGD 290 million on February 23, 2022.
Reported Earnings • Feb 11Third quarter 2022 earnings: EPS in line with analyst expectations despite revenue beatThird quarter 2022 results: EPS: JP¥63.23 (up from JP¥48.29 in 3Q 2021). Revenue: JP¥526.5b (up 11% from 3Q 2021). Net income: JP¥31.5b (up 28% from 3Q 2021). Profit margin: 6.0% (up from 5.2% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.8%. Over the next year, revenue is forecast to grow 3.6%, compared to a 10% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has fallen by 5% per year.
お知らせ • Feb 10+ 2 more updatesKajima Corporation (TSE:1812) announces an Equity Buyback for 9,200,000 shares, representing 1.84% for ¥10,000 million.Kajima Corporation (TSE:1812) announces a share repurchase program. Under the program, the company will repurchase 9,200,000 shares, representing 1.84% of its share capital, for ¥10,000 million. The company will repurchase its shares in order to expand shareholder returns and improve capital efficiency. The program will run until April 30, 2022. As of January 31, 2022, the company had 499,849,443 shares outstanding (excluding treasury shares) and 28,806,568 shares in treasury.
Reported Earnings • Nov 10Second quarter 2022 earnings released: EPS JP¥55.75 (vs JP¥49.58 in 2Q 2021)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥502.3b (up 6.5% from 2Q 2021). Net income: JP¥27.8b (up 9.4% from 2Q 2021). Profit margin: 5.5% (up from 5.4% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has fallen by 2% per year.
Upcoming Dividend • Sep 22Upcoming dividend of JP¥27.00 per shareEligible shareholders must have bought the stock before 29 September 2021. Payment date: 02 December 2021. Trailing yield: 3.7%. Within top quartile of German dividend payers (3.2%). Higher than average of industry peers (3.2%).
Reported Earnings • Aug 08First quarter 2022 earnings released: EPS JP¥43.85 (vs JP¥51.61 in 1Q 2021)The company reported a soft first quarter result with weaker earnings and profit margins, although revenues improved. First quarter 2022 results: Revenue: JP¥453.8b (up 3.0% from 1Q 2021). Net income: JP¥22.1b (down 17% from 1Q 2021). Profit margin: 4.9% (down from 6.0% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has fallen by 5% per year.
Reported Earnings • May 16Full year 2021 earnings released: EPS JP¥193 (vs JP¥201 in FY 2020)The company reported a soft full year result with weaker earnings and revenues, although profit margins were improved. Full year 2021 results: Revenue: JP¥1.91t (down 5.2% from FY 2020). Net income: JP¥98.5b (down 4.6% from FY 2020). Profit margin: 5.2% (up from 5.1% in FY 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has fallen by 7% per year.
お知らせ • May 15+ 2 more updatesKajima Corporation Provides Consolidated and Non-Consolidated Earnings Guidance for the Year Ending March 31, 2022Kajima Corporation provided consolidated and non-consolidated earnings guidance for the year ending March 31, 2022. For the year, on consolidated basis, the company expects revenue of JPY 2,010,000 million, operating income of JPY 104,000 million, net income attributable to owners of the parent of JPY 80,000 million and basic net income per share of JPY 158.31. For the year, on non-consolidated basis, the company expects revenue of JPY 1,250,000 million, operating income of JPY 84,500 million, net income of JPY 66,000 million and basic net income per share of JPY 130.36.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥25.00 per shareEligible shareholders must have bought the stock before 30 March 2021. Payment date: 26 June 2021. Trailing yield: 3.1%. Lower than top quartile of German dividend payers (3.3%). In line with average of industry peers (3.3%).
お知らせ • Mar 21Kajima Corporation to Report Fiscal Year 2021 Results on May 14, 2021Kajima Corporation announced that they will report fiscal year 2021 results on May 14, 2021
Is New 90 Day High Low • Feb 27New 90-day low: €10.30The company is down 6.0% from its price of €10.90 on 27 November 2020. The German market is up 7.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Construction industry, which is down 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €10.72 per share.
Reported Earnings • Feb 14Third quarter 2021 earnings released: EPS JP¥48.29 (vs JP¥38.04 in 3Q 2020)The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: JP¥476.3b (down 2.8% from 3Q 2020). Net income: JP¥24.6b (up 26% from 3Q 2020). Profit margin: 5.2% (up from 4.0% in 3Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 6% per year whereas the company’s share price has fallen by 8% per year.
Analyst Estimate Surprise Post Earnings • Feb 14Revenue beats expectationsRevenue exceeded analyst estimates by 0.5%. Over the next year, revenue is forecast to stay flat compared to a 4.9% growth forecast for the Construction industry in Germany.
Is New 90 Day High Low • Feb 10New 90-day high: €11.70The company is up 18% from its price of €9.95 on 11 November 2020. The German market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Construction industry, which is up 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €11.12 per share.
Is New 90 Day High Low • Jan 13New 90-day high: €11.10The company is up 16% from its price of €9.60 on 15 October 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Construction industry, which is up 18% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €11.08 per share.
