Annual Report 2008 / Nishimatsu Construction Co., Ltd.

Review of Operations

Revenue from civil engineering operations for the year came to ¥114.2 billion (US$1.14 billion), a drop of 9.6% from the previous year. And the harsh business climate is expected to continue.
We will utilize our full PFI know-how accumulated over many years, regardless of whether inside or outside the country, and promise thorough ongoing support to PFI enterprises from the initial examination stage to the final stage.

No. 1 Kurobe Tunnel, Hokuriku Shinkansen	Hida Tunnel Phase 4, Tokai-Hokuriku Expressway	Breakwater Construction, Shimane Nuclear Power Plant

Top 5 Domestic Civil Engineering Projects (Completed)

Name of Project		¥ million

1	Nagai Dam Construction (Stage 2)	4,134

2	Takizawa Dam Aggregate Exploitation Work Stage 2	2,250

3	Kasegawa Dam Concrete Aggregate Production (Stage 1)	1,846

4	Ichiba Reservoir Advanced Water Purification Plant Development (Stage 2)	1,787

5	Yasugawa Dam Improvement, Yasugawa Riverside Agricultural Land Disaster Prevention Plan (Stage II)	1,314

Revenue from building construction for the year came to ¥277.7 billion (US$2.77 billion), a drop of 18.3% from the previous year. Continued fierce price competition is anticipated in view of the growing trend in capital investment.
Having already gained an impressive track record all over the country, we will utilize our abundant know-how, good financial management, and high technical expertise to tackle redevelopment projects aggressively. We are taking on large-scale redevelopment projects, and intend to continue contributing toward this construction sector that the whole country has waited for.


Mixed-Use Construction, Iwaki Station-Front First Class Urban Redevelopment Plan	Aeon Kagoshima Tokaicho Shopping Center Construction	Tohoku Fukushi University Sendan Hospital

Top 5 Domestic Building Projects (Completed)

Name of Project		¥ million

1	Mixed-Use Building Construction, Higurashi-no-sato Central Area First Class Urban Redevelopment Plan	10,927

2	Aeon Kagoshima Tokaicho Shopping Center Construction	9,822

3	Mixed-Use Construction, Iwaki Station-Front First Class Urban Redevelopment Plan	9,554

4	Mixed-Use Construction, Tsurugamine Station South Exit First Class Urban Redevelopment Plan	5,930

5	New Tokyo Metropolitan Police Hospital Construction	5,168