1812
KAJIMA CORPORATION
鹿島建設株式会社
Construction
Kajima Corporation engages in civil engineering, building construction, real estate development, architectural and civil design, and other businesses. It is involved in the construction of power stations, railways, roads, airports, and seaports, as well as water purification and wastewater treatment plants, steel works, and chemical production facilities; and research and development in various fields, including skyscrapers, nuclear power plants, long span bridges, and deep underground tunnels. It also offers specialized technologies and services for production and R&D facilities, logistic facilities, plant factories, cell culture facilities, and other applications; and develops and maintains social infrastructure using various technologies related to zero energy bildings, green infrastructure, soil and underground water remediation, water and sewer treatment facilities, and final disposal sites, as well as wind power generators, other renewable energy facilities, biomass utilization, and waste reduction. In addition, it provides design and construction; and engineering services. The company was founded in 1840 and is headquartered in Tokyo, Japan.
Price
¥5,907
Market Cap
¥2.8T
Ent. Value
¥3.1T
Net Debt
−¥352.7B
Shares Out.
473.3M
P / E
22.2×
EV / EBIT
20.7×
P / Book
2.21×
P / NCAV
N/M
Div. Yield
1.76%
Financials
| Metric |
FY 2024
EDINET ↗ |
FY 2023
EDINET ↗ |
FY 2022
EDINET ↗ |
FY 2021
EDINET ↗ |
|---|---|---|---|---|
| Net Sales | ¥2,911.8B | ¥2,665.2B | ¥2,391.6B | ¥2,079.7B |
| Cost of Sales | ¥2,588.6B | ¥2,373.7B | ¥2,124.5B | ¥1,824.0B |
| Gross Profit | ¥323.2B | ¥291.5B | ¥267.1B | ¥255.7B |
| SG&A | ¥171.3B | ¥155.3B | ¥143.6B | ¥132.3B |
| Operating Income | ¥151.9B | ¥136.2B | ¥123.5B | ¥123.4B |
| Non-Operating Income | ¥37.4B | ¥31.4B | ¥44.5B | ¥34.7B |
| Dividend Income | ¥7.0B | ¥6.5B | ¥10.5B | ¥7.1B |
| Interest Income | ¥16.9B | ¥9.7B | ¥6.0B | ¥4.8B |
| Non-Operating Expenses | ¥28.6B | ¥17.5B | ¥11.3B | ¥6.0B |
| Interest Expense | ¥22.0B | ¥14.4B | ¥4.8B | ¥2.4B |
| Ordinary Income | ¥160.7B | ¥150.1B | ¥156.7B | ¥152.1B |
| Pre-tax Income | ¥176.1B | ¥168.9B | ¥167.3B | ¥150.4B |
| Income Taxes | ¥49.6B | ¥52.3B | ¥53.2B | ¥50.2B |
| Current Tax | ¥53.7B | ¥57.8B | ¥57.5B | ¥49.0B |
| Deferred Tax | ¥-4.0B | ¥-5.5B | ¥-4.3B | ¥1.3B |
| Net Income (owners) | ¥125.8B | ¥115.0B | ¥111.8B | ¥103.9B |
| Minority Interest | ¥637M | ¥1.6B | ¥2.3B | ¥-3.7B |
| Comprehensive Income | ¥126.8B | ¥206.7B | ¥149.7B | ¥115.7B |
| EBITDA | ¥183.6B | ¥163.9B | ¥148.9B | ¥146.5B |
| Goodwill Amort. (J-GAAP) | ¥845M | ¥395M | ¥645M | ¥542M |
| EPS | ¥266.49 | ¥238.76 | ¥227.98 | ¥208.00 |
| Shares Outstanding | 473.3M | 484.4M | 487.0M | 493.4M |
| Shares Issued (total) | 528.7M | 528.7M | 528.7M | 528.7M |
| Treasury Shares | 55.4M | 44.2M | 41.6M | 35.3M |
| Metric |
FY 2024
EDINET ↗ |
FY 2023
EDINET ↗ |
FY 2022
EDINET ↗ |
FY 2021
EDINET ↗ |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | ¥3,454.6B | ¥3,135.1B | ¥2,769.7B | ¥2,337.7B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Current Assets | ¥2,137.1B | ¥1,918.0B | ¥1,751.6B | ¥1,390.7B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Cash & Deposits | ¥354.5B | ¥354.7B | ¥285.8B | ¥273.3B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Trade Receivables | ¥480.8B | ¥440.4B | ¥401.6B | ¥324.9B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Non-Current Assets | ¥1,317.5B | ¥1,217.2B | ¥1,018.1B | ¥947.0B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| PP&E | ¥588.6B | ¥540.2B | ¥478.5B | ¥427.6B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Goodwill | ¥2.6B | ¥1.1B | ¥1.4B | ¥3.7B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Intangible Assets | ¥30.0B | ¥26.6B | ¥27.7B | ¥14.9B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Investment Securities | ¥397.5B | ¥442.5B | ¥356.1B | ¥355.9B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Deferred Tax Assets | ¥17.0B | ¥3.4B | ¥13.3B | ¥10.1B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total Liabilities | ¥2,176.6B | ¥1,911.5B | ¥1,708.6B | ¥1,384.2B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Current Liabilities | ¥1,697.0B | ¥1,506.0B | ¥1,319.8B | ¥1,107.7B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ST Debt | ¥379.1B | ¥324.3B | ¥244.4B | ¥174.7B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Taxes Payable | ¥22.6B | ¥32.6B | ¥25.3B | ¥22.7B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Non-Current Liabilities | ¥479.6B | ¥405.5B | ¥388.8B | ¥276.5B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total LT Borrowings | ¥328.1B | ¥253.1B | ¥253.4B | ¥145.2B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Pension Obligations | ¥57.5B | ¥61.3B | ¥62.1B | ¥63.2B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Deferred Tax Liab. | ¥8.8B | ¥12.5B | ¥254M | ¥1.7B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total Equity | ¥1,278.0B | ¥1,223.7B | ¥1,061.1B | ¥953.6B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Capital Stock | ¥81.4B | ¥81.4B | ¥81.4B | ¥81.4B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Capital Surplus | ¥43.5B | ¥43.8B | ¥42.0B | ¥42.3B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Retained Earnings | ¥970.3B | ¥891.9B | ¥813.7B | ¥731.3B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Treasury Stock | ¥-96.0B | ¥-67.5B | ¥-55.7B | ¥-45.9B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| AOCI | ¥258.9B | ¥260.5B | ¥171.0B | ¥136.6B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Equity (owners) | ¥999.2B | ¥949.6B | ¥881.4B | ¥809.1B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Minority Interests | ¥19.9B | ¥13.5B | ¥8.7B | ¥7.9B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total Interest-Bearing Debt ⓘ | ¥707.2B | ¥577.4B | ¥497.7B | ¥319.9B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Net Cash ⓘ | ¥-352.7B | ¥-222.7B | ¥-212.0B | ¥-46.6B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| NCAV ⓘ | ¥-39.5B | ¥6.5B | ¥43.0B | ¥6.5B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| NCAV/Share | ¥-83 | ¥13 | ¥88 | ¥13 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| BV/Share | ¥2,111 | ¥1,960 | ¥1,810 | ¥1,640 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Metric |
FY 2024
EDINET ↗ |
FY 2023
EDINET ↗ |
FY 2022
EDINET ↗ |
FY 2021
EDINET ↗ |
|---|---|---|---|---|
| Operating CF | ¥30.6B | ¥123.7B | ¥-29.1B | ¥30.2B |
| Interest Paid | ¥-21.1B | ¥-13.4B | ¥-4.1B | ¥-2.2B |
| Interest Received | ¥18.4B | ¥13.9B | ¥14.0B | ¥14.3B |
| D&A | ¥30.9B | ¥27.3B | ¥24.7B | ¥22.6B |
| Goodwill Amort. | ¥845M | ¥395M | ¥645M | ¥542M |
| Investing CF | ¥-104.8B | ¥-62.9B | ¥-81.7B | ¥-51.2B |
| CapEx | ¥66.6B | ¥41.5B | ¥60.7B | ¥49.4B |
| Purchase Investments | ¥-11.5B | ¥-19.3B | ¥-22.3B | ¥-12.7B |
| Financing CF | ¥61.7B | ¥-9.6B | ¥111.9B | ¥-20.9B |
| Dividends Paid | ¥-47.8B | ¥-36.9B | ¥-29.6B | ¥-28.1B |
| Share Buybacks | ¥-30.0B | ¥-15.1B | ¥-10.0B | ¥-20.0B |
| LT Debt Repaid | ¥-80.7B | ¥-64.7B | ¥-46.4B | ¥-85.8B |
| Free Cash Flow | ¥-36.0B | ¥82.2B | ¥-89.9B | ¥-19.2B |
| Net Change in Cash | ¥-8M | ¥60.9B | ¥14.5B | ¥-33.3B |
| Metric |
FY 2024
EDINET ↗ |
FY 2023
EDINET ↗ |
FY 2022
EDINET ↗ |
FY 2021
EDINET ↗ |
|---|---|---|---|---|
| ROE | 10.2% | 10.2% | 11.2% | 11.4% |
| ROA | 3.8% | 3.9% | 4.4% | 4.4% |
| EPS | ¥266.49 | ¥238.76 | ¥227.98 | ¥208.00 |
| DPS | ¥104.00 | ¥90.00 | ¥70.00 | ¥58.00 |
| BPS | ¥2,672.64 | ¥2,514.97 | ¥2,165.12 | ¥1,920.45 |
| FCF/Share | ¥-76 | ¥170 | ¥-184 | ¥-39 |
| NCAV/Share | ¥-83 | ¥13 | ¥88 | ¥13 |
| Payout Ratio | 39.0% | 37.7% | 30.7% | 27.9% |
Event Timeline
S Shareholder
A Capital Signal
Large Shareholder Reports 2
Capital Allocation Signals 1
| Date | Type | Amount | Summary | |
|---|---|---|---|---|
|
2026-05-14
12:00
|
Buyback | ¥50.0B | Kajima CORPORATION board of directors resolved on August 14, 2025 to acquire treasury shares (自己株式取得). The company is au… | |
|
Summary
Kajima CORPORATION board of directors resolved on August 14, 2025 to acquire treasury shares (自己株式取得). The company is authorized to repurchase shares up to a maximum of 50 billion yen (or approximately 50.7 million shares based on acquisition price range), with the repurchase program to be executed between August 24 and August 30, 2025. This represents a share buyback program aimed at improving capital efficiency and shareholder returns.
Deadline: 2025-08-30
Source (JP)
自己株式取得に係る事項の決定に関するお知らせ。鹿島は2025年8月14日付で、自己株式の取得に係る事項を決定。取得予定金額は50,748,523千円(約507百万株)。取得予定期間は2025年8月24日から2025年8月30日まで。
自己株式取得に係る事項の決定に関するお知らせ
TDnet PDF
|
||||
| # | Shareholder | Shares (thou.) | % of Total |
|---|---|---|---|
| 1 |
Japan Master Trust Bank
日本マスタートラスト信託銀行株式会社(信託口)
|
81,127 | 17.14% |
| 2 |
Japan Custody Bank
株式会社日本カストディ銀行(信託口)
|
44,814 | 9.47% |
| 3 | 鹿 島 公 子 | 15,849 | 3.35% |
| 4 | JPモルガン証券株式会社 | 13,407 | 2.83% |
| 5 |
Employee Stock Ownership Plan
鹿島社員持株会
|
9,245 | 1.95% |
| 6 |
State Street Bank and Trust Company
ステート ストリート バンク ウェストクライアント トリーティー 505234(常任代理人 株式会社みずほ銀行決済営業部)
|
7,966 | 1.68% |
| 7 | 公益財団法人鹿島学術振興財団 | 7,235 | 1.53% |
| 8 |
JPMorgan Chase Bank, N.A.
ジェーピー モルガン チェース バンク 385781(常任代理人 株式会社みずほ銀行決済営業部)
|
6,405 | 1.35% |
| 9 |
Sumitomo Mitsui Banking Corporation
株式会社三井住友銀行
|
6,321 | 1.34% |
| 10 |
State Street Bank and Trust Company
ステート ストリート バンク アンドトラスト カンパニー 505001(常任代理人 株式会社みずほ銀行決済営業部)
|
6,026 | 1.27% |
as of 2025-03-31
Source: EDINET ↗
Ownership by year — hover bars for detail
Domestic Nominees
26.6%
+2.5% vs 2024
Trust bank custodians — GPIF, pensions, investment trusts
Foreign Custodians
4.3%
+1.4% vs 2024
Sub-custodians for foreign asset managers
Direct / Strategic
11.0%
+0.1% vs 2024
Named entities with disclosed investment intent
Bar = % of shares outstanding · top-10 covers 41.9% · grey = other shareholders · 2025
| Shareholder | Trend | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Japan Master Trust Bank 日本マスタートラスト信託銀行 | 15.91% | 16.31% | 17.14% +0.83% | |
| Japan Custody Bank 日本カストディ銀行 | 7.37% | 7.77% | 9.47% +1.70% | |
| 鹿 島 公 子 | 3.25% | 3.27% | 3.35% +0.08% | |
| State Street | 1.44% | 1.73% | 2.95% +1.22% | |
| JPモルガン証券 ↑ | 1.91% | 1.38% | 2.83% +1.45% | |
| Employee Stock Ownership Plan 鹿島社員持株会 | 2.00% | 1.95% | 1.95% | |
| 公益財団法人鹿島学術振興財団 | 1.49% | 1.49% | 1.53% +0.04% | |
| JP Morgan | — | 1.20% | 1.35% +0.15% | |
| Sumitomo Mitsui Banking Corporation 三井住友銀行 | 1.71% | 1.55% | 1.34% -0.21% | |
| TAISHO PHARMACEUTICAL HOLDINGS CO., LTD. 大正製薬ホールディングス last seen 2024 | Exited Top 10 | 1.29% | 1.30% | — |
| かたばみ興業 last seen 2023 | Exited Top 10 | 1.19% | — | — |
| Concentration (HHI) ⓘ | 336 | 354 | 421 |
3 fiscal years · top-10 holders per year · >2,500 HHI = high concentration · entity-resolved
Portfolio Book Value
¥239,659M
+3% since 2023
Holdings
65
+13 new
13 exited
Trend
8 unwinding
vs 2023
| Held Company | FY2025 ¥239,659M total | FY2023 ¥233,288M total | |||
|---|---|---|---|---|---|
| Book Val ¥M | Shares | Book Val ¥M | Shares | ||
|
Mitsui Fudosan Co., Ltd.
三井不動産㈱
|
53,337 |
+200.0%
↑
40,088,238
|
33,193 | 13,362,746 | M |
|
ORIENTAL LAND CO.,LTD.
㈱オリエンタルランド
|
29,450 |
10,000,000
|
45,280 | 10,000,000 | |
|
Sumitomo Realty & Development Co.,Ltd.
住友不動産㈱
|
27,965 |
5,000,000
|
14,910 | 5,000,000 | M |
|
Sumitomo Mitsui Financial Group, Inc.
㈱三井住友フィナンシャルグループ
|
13,662 |
+140.0%
↑
3,600,000
|
7,947 | 1,500,000 | M |
|
Central Japan Railway Company
東海旅客鉄道㈱
|
11,301 |
+350.0%
↑
3,960,000
|
13,912 | 880,000 | |
|
FUJIFILM Holdings Corporation
富士フイルムホールディングス㈱
|
9,371 |
+200.0%
↑
3,294,450
|
7,355 | 1,098,150 | |
|
SEIBU HOLDINGS INC.
㈱西武ホールディングス
|
7,168 |
2,171,100
|
2,950 | 2,171,100 | |
|
FUJI MEDIA HOLDINGS, INC.
㈱フジ・メディア・ホールディングス
|
6,472 |
2,536,100
|
3,030 | 2,536,100 | M |
|
East Japan Railway Company
東日本旅客鉄道㈱
|
6,199 |
+133.3%
↑
2,100,000
|
6,601 | 900,000 | |
|
Shin-Etsu Chemical Co., Ltd.
信越化学工業㈱
|
5,801 |
-46.7%
↓
1,369,535
|
10,984 | 2,569,535 | M |
|
NITTO DENKO CORPORATION
日東電工㈱
|
5,215 |
+400.0%
↑
1,906,850
|
3,260 | 381,370 | |
|
Japan Airport Terminal Co.,Ltd.
日本空港ビルデング㈱
|
4,112 |
1,000,000
|
6,600 | 1,000,000 | |
|
Electric Power Development Co., Ltd.
電源開発㈱
|
3,815 |
-10.0%
↓
1,507,100
|
3,568 | 1,674,500 | M |
| NIPPON EXPRESSホールディングス㈱ | 3,327 |
NEW
New
1,223,439
|
— | ||
|
Kobe Steel, Ltd.
㈱神戸製鋼所
|
3,045 |
1,760,660
|
1,853 | 1,760,660 | |
|
YAKULT HONSHA CO.,LTD.
㈱ヤクルト本社
|
3,004 |
+50.0%
↑
1,053,000
|
6,760 | 702,000 | M |
|
Imperial Hotel, Ltd.
㈱帝国ホテル
|
2,878 |
+40.0%
↑
3,220,000
|
4,409 | 2,300,000 | |
|
Mitsubishi Estate Company, Limited
三菱地所㈱
|
2,576 |
1,059,482
|
1,670 | 1,059,482 | |
|
KAKEN PHARMACEUTIAL CO., LTD.
科研製薬㈱
|
2,271 |
507,010
|
1,873 | 507,010 | |
|
Hankyu Hanshin Holdings,Inc.
阪急阪神ホールディングス㈱
|
2,262 |
562,073
|
2,206 | 562,073 | |
|
Keihanshin Building Co., Ltd.
京阪神ビルディング㈱
|
1,871 |
1,376,306
|
1,646 | 1,376,306 | M |
|
UNICHARM CORPORATION
ユニ・チャーム㈱
|
1,766 |
+200.0%
↑
1,485,000
|
2,693 | 495,000 | |
|
Keio Corporation
京王電鉄㈱
|
1,691 |
+1.5%
↑
444,274
|
2,032 | 437,558 | |
|
SAPPORO HOLDINGS LIMITED
サッポロホールディングス㈱
|
1,627 |
213,400
|
726 | 213,400 | M |
|
Chubu Electric Power Company,Incorporated
中部電力㈱
|
1,593 |
982,013
|
1,373 | 982,013 | |
|
Mazda Motor Corporation
マツダ㈱
|
1,507 |
1,600,200
|
1,960 | 1,600,200 | |
|
Keihan Holdings Co.,Ltd.
京阪ホールディングス㈱
|
1,500 |
460,810
|
1,592 | 460,810 | |
|
Keikyu Corporation
京浜急行電鉄㈱
|
1,445 |
-22.9%
↓
955,105
|
1,559 | 1,238,566 | |
|
The Sumitomo Warehouse Co.,Ltd.
㈱住友倉庫
|
1,442 |
522,000
|
1,135 | 522,000 | M |
|
TOPPAN Holdings Inc.
TOPPANホールディングス㈱
|
1,325 |
NEW
New
327,006
|
— | ||
|
The 77Bank,Ltd.
㈱七十七銀行
|
1,208 |
254,298
|
549 | 254,298 | M |
|
TEKKEN CORPORATION
鉄建建設㈱
|
1,172 |
470,000
|
850 | 470,000 | M |
| M.C.S.Steel Public Company Limited | 1,123 |
33,390,000
|
1,220 | 33,390,000 | |
|
Mitsubishi Logistics Corporation
三菱倉庫㈱
|
1,105 |
+150.3%
↑
1,142,965
|
1,420 | 456,593 | |
| 第一生命ホールディングス㈱ | 1,008 |
+300.0%
↑
890,000
|
541 | 222,500 | M |
|
West Japan Railway Company
西日本旅客鉄道㈱
|
816 |
+55.6%
↑
280,000
|
982 | 180,000 | |
|
Tohoku Electric Power Company,Incorporated
東北電力㈱
|
813 |
788,361
|
519 | 788,361 | |
|
TOKYU CORPORATION
東急㈱
|
768 |
+0.2%
↑
456,191
|
802 | 455,321 | |
|
OMRON CORPORATION
オムロン㈱
|
737 |
175,000
|
1,348 | 175,000 | |
| 綜合警備保障㈱ | 729 |
NEW
New
650,000
|
— | ||
|
MEIDENSHA CORPORATION
㈱明電舎
|
726 |
NEW
New
168,300
|
— | M | |
|
TSUMURA & CO.
㈱ツムラ
|
722 |
NEW
New
167,331
|
— | ||
|
Nishi-Nippon Railroad Co.,Ltd.
西日本鉄道㈱
|
719 |
+3.0%
↑
334,746
|
777 | 324,845 | M |
|
OYO Corporation
応用地質㈱
|
699 |
252,500
|
561 | 252,500 | M |
| MS ADインシュアランスグループホールディングス㈱ | 685 |
NEW
New
212,613
|
— | M | |
|
Nippon Electric Glass Co., Ltd.
日本電気硝子㈱
|
671 |
192,461
|
490 | 192,461 | |
|
Kintetsu Group Holdings Co.
近鉄グループホールディングス㈱
|
667 |
-48.9%
↓
209,134
|
1,744 | 409,134 | |
|
The Awa Bank,Ltd.
㈱阿波銀行
|
626 |
NEW
New
218,995
|
— | M | |
|
Kyushu Railway Company
九州旅客鉄道㈱
|
576 |
-50.0%
↓
158,000
|
931 | 316,000 | |
|
Sumitomo Electric Industries, Ltd.
住友電気工業㈱
|
510 |
NEW
New
206,910
|
— | ||
|
YAMATO HOLDINGS CO.,LTD.
ヤマトホールディングス㈱
|
496 |
-49.7%
↓
253,335
|
1,142 | 503,335 | M |
|
The Shibusawa Warehouse Co.,Ltd.
澁澤倉庫㈱
|
495 |
NEW
New
153,000
|
— | M | |
| 三井金属鉱業㈱ | 488 |
-50.0%
↓
112,500
|
723 | 225,000 | |
|
譬ェ蠑丈シ夂、セ�シ「�シ」�シェ�シ搾シ呻シ�
㈱日新
|
474 |
NEW
New
100,000
|
— | M | |
|
Tokyo Electric Power Company Holdings, Incorporated
東京電力ホールディングス㈱
|
473 |
1,102,357
|
521 | 1,102,357 | |
|
The Kansai Electric Power Company, Incorporated
関西電力㈱
|
457 |
NEW
New
257,972
|
— | ||
|
The Chiba Bank, Ltd.
㈱千葉銀行
|
450 |
NEW
New
322,074
|
— | M | |
|
Sanyo Electric Railway Co.,Ltd.
山陽電気鉄道㈱
|
440 |
220,500
|
502 | 220,500 | |
| 日本碍子㈱ | 412 |
-25.0%
↓
225,000
|
525 | 300,000 | |
|
Osaki Electric Co.,Ltd.
大崎電気工業㈱
|
396 |
NEW
New
492,634
|
— | M | |
|
Kamigumi Co., Ltd.
㈱上組
|
— | — | |||
| ID Eホールディングス㈱ | — | — | |||
|
CHUGAI PHARMACEUTICAL CO., LTD.
中外製薬㈱
|
— | — | |||
|
Dai Nippon Printing Co.,Ltd.
大日本印刷㈱
|
— | — | |||
|
Mitsubishi Electric Corporation
三菱電機㈱
|
— | — | |||
|
FUJI KYUKO CO., LTD.
富士急行㈱
|
— |
−100%
Exit
—
|
680 | 155,000 | |
|
Meiji Holdings Co., Ltd.
明治ホールディングス㈱
|
— |
−100%
Exit
—
|
825 | 261,772 | M |
|
Sumitomo Metal Mining Co., Ltd.
住友金属鉱山㈱
|
— |
−100%
Exit
—
|
833 | 165,000 | M |
|
TOHO GAS CO.,LTD.
東邦瓦斯㈱
|
— |
−100%
Exit
—
|
493 | 200,500 | |
|
TAISHO PHARMACEUTICAL HOLDINGS CO., LTD.
大正製薬ホールディングス㈱
|
— |
−100%
Exit
—
|
9,108 | 1,650,000 | M |
| NIPPON EXPRESS ホールディングス㈱ | — |
−100%
Exit
—
|
4,844 | 607,813 | M |
|
DAIFUKU CO.,LTD.
㈱ダイフク
|
— |
−100%
Exit
—
|
1,832 | 750,000 | |
|
ASAHI GROUP HOLDINGS,LTD.
アサヒグループホールディングス㈱
|
— |
−100%
Exit
—
|
1,383 | 281,040 | |
| 凸版印刷㈱ | — |
−100%
Exit
—
|
1,111 | 417,150 | |
|
TOKYO GAS CO.,LTD.
東京瓦斯㈱
|
— |
−100%
Exit
—
|
998 | 400,000 | |
|
The Gunma Bank, Ltd.
㈱群馬銀行
|
— |
−100%
Exit
—
|
898 | 2,027,520 | |
|
MS&AD Insurance Group Holdings, Inc.
MS&ADインシュアランスグループホールディングス㈱
|
— |
−100%
Exit
—
|
581 | 141,671 | M |
|
Nippon Koei Co., Ltd.
日本工営㈱
|
— |
−100%
Exit
—
|
478 | 141,897 | |
| Portfolio total | 239,659 | 233,288 | |||
Book value in ¥M · ↓ reduced · ↑ increased vs prior year · M = mutual holding