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Occurring Fact1812KAJIMA CORPORATIONConstruction and Materials

Decision in an Antitrust Law Violation Case (Final Appeal)

The Supreme Court issued a decision dismissing Kajima Corporation's appeal in the Antimonopoly Act violation case concerning construction work related to the Chuo Shinkansen ordered by Central Japan Railway Company, finalizing the ruling in the criminal case. The Company will continue its efforts to prevent recurrence and restore trust, and 3 officers, including representative directors, will voluntarily return part of their compensation.

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Decision in Antimonopoly Act Violation Case (Final Appeal)

Subject Entity

KAJIMA CORPORATION

Target Locations / Products

Construction work related to the Chuo Shinkansen ordered by Central Japan Railway Company

Awareness or receipt of notice14 September 2026 (the date the decision dismissing the appeal was received from the Supreme Court)
Same day
Litigation / administrative action14 September 2026 (date of the decision dismissing the appeal)
This disclosure09/15/2026
Cause

The disclosure states that this was an Antimonopoly Act violation case (criminal case), but the specific cause leading to the violation is Not disclosed

Related procedures

Type

Final appeal in an Antimonopoly Act violation case (criminal case)

Court or authority

Supreme Court

Plaintiff

Not disclosed

Defendant

KAJIMA CORPORATION

Company response

Measures to prevent recurrence

Establishment of an Antimonopoly Act Committee; establishment of a Compliance and Risk Management Committee; establishment of a General Affairs and Administration Headquarters; establishment of a Risk Management Group in the General Affairs Department and a Compliance Office in the Legal Department; holding of Risk Management Liaison Meetings; appointment of general managers assigned to branch managers; establishment of an Administration Department within the Civil Engineering Management Headquarters; enactment of regulations for preventing bid rigging; clarification of the policy of declining nominations when nominated; substantial expansion of private-sector construction subject to bid-rigging prevention procedures; mandatory management and supervision when determining bidding policies and bid amounts; clarification of internal approval procedures for requests from outside parties for technical reviews and similar matters; expansion of the scope of prohibitions on contact with competitors and similar activities; mandatory reporting and notification when misconduct is identified; continued issuance of messages emphasizing thorough compliance; continued implementation of Antimonopoly Act training sessions; continued implementation of bid-rigging prevention audits; and distribution, use and enhancement of the Antimonopoly Act compliance manual

Directors' and officers' liability

The Representative Director and Chairman, the Representative Director and President, and the Representative Director and Executive Vice President (Civil Engineering) will each voluntarily return 20% of their monthly compensation for 2 months

Impact on Earnings Forecast

Because the impact of this matter on results is minor, there is no change to the full-year consolidated earnings forecast for the fiscal year ending March 2027 announced on 14 May 2026

Outlook

The Company will take the Supreme Court's decision seriously, reinforce compliance throughout the officer and employee group, and work to restore trust. It will also continue implementing bid-rigging prevention measures, training, audits and use of the compliance manual.

Event that occurred
ItemDetails
Event nameDecision in Antimonopoly Act Violation Case (Final Appeal)
Date recognized / date notice received14 September 2026 (the date the decision dismissing the appeal was received from the Supreme Court)
Subject EntityKAJIMA CORPORATION
Target Locations / ProductsConstruction work related to the Chuo Shinkansen ordered by Central Japan Railway Company
CauseThe disclosure states that this was an Antimonopoly Act violation case (criminal case), but the specific cause leading to the violation is Not disclosed
Impact on Earnings ForecastBecause the impact of this matter on results is minor, there is no change to the full-year consolidated earnings forecast for the fiscal year ending March 2027 announced on 14 May 2026
Type of litigation or proceedingFinal appeal in an Antimonopoly Act violation case (criminal case)
Court or authoritySupreme Court
DefendantKAJIMA CORPORATION
Date of filing / date of action14 September 2026 (date of the decision dismissing the appeal)
Measures to prevent recurrenceEstablishment of an Antimonopoly Act Committee; establishment of a Compliance and Risk Management Committee; establishment of a General Affairs and Administration Headquarters; establishment of a Risk Management Group in the General Affairs Department and a Compliance Office in the Legal Department; holding of Risk Management Liaison Meetings; appointment of general managers assigned to branch managers; establishment of an Administration Department within the Civil Engineering Management Headquarters; enactment of regulations for preventing bid rigging; clarification of the policy of declining nominations when nominated; substantial expansion of private-sector construction subject to bid-rigging prevention procedures; mandatory management and supervision when determining bidding policies and bid amounts; clarification of internal approval procedures for requests from outside parties for technical reviews and similar matters; expansion of the scope of prohibitions on contact with competitors and similar activities; mandatory reporting and notification when misconduct is identified; continued issuance of messages emphasizing thorough compliance; continued implementation of Antimonopoly Act training sessions; continued implementation of bid-rigging prevention audits; and distribution, use and enhancement of the Antimonopoly Act compliance manual
Directors' and officers' liabilityThe Representative Director and Chairman, the Representative Director and President, and the Representative Director and Executive Vice President (Civil Engineering) will each voluntarily return 20% of their monthly compensation for 2 months
OutlookThe Company will take the Supreme Court's decision seriously, reinforce compliance throughout the officer and employee group, and work to restore trust. It will also continue implementing bid-rigging prevention measures, training, audits and use of the compliance manual.
Items this document does not state (12)
Date of occurrenceAmount of Impact on Business PerformanceAccounting period in which recognizedPlaintiffClaim amount / surcharge amountAmount of receivables at risk of non-collection or delayed collectionSuspended operationsScheduled resumption dateInvestigation structureVoting rights ownership percentage before the changeVoting rights ownership percentage after the changePlanned follow-up disclosure

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

Because the Supreme Court issued a decision dismissing the appeal on 2026-09-14. The Company also states that, because the impact on its results is minor, it will not revise its full-year consolidated earnings forecast for the fiscal year ending March 2027.

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Decision in an Antitrust Law Violation Case (Final Appeal) | KAJIMA CORPORATION (1812) timely disclosure | Komori