Kajima Corporation (1812.T) stock analysis

In our weekly check, Kajima Corporation is graded B (A to F). Of 24 checks on debt, profit, cash flow and trend: 17 pass, warnings: 5, red flags: 2.

About Kajima Corporation

Kajima Corporation is an Industrials company (Engineering & Construction) based in Japan, listed on JPX as 1812.T.

What our checks show for 1812.T

Red flags

• The stock has fallen as much as 75% from a peak. Would you have held through that?
• Recovering from its deepest fall took about 5.4 years.

Warning signs

• Operating cash flow is only 0.63x net profit: part of the reported profit does not arrive as cash.
• Analysts expect only about 3.4% a year of growth in revenue.
• The net margin is only 5.9%: little room if costs rise.
• Free cash flow is only 2.1% of revenue.
• The price swings a lot: 39.1% annual volatility. Expect large ups and downs.

Strengths

• Operating profit covers interest 9.6 times over.
• The net margin rose by 0.9 points over 5 years, to 5.9%.
• The gross margin is 14.2% and has risen by 1.9 points: pricing power is holding.
• Earnings per share grew 19.6% a year over the last 3 years.
• Net profit grew 17.6% a year over the last 3 years.
• The price is 12.2 times earnings (P/E), reasonable for its growth.

Next earnings report: 2026-11-11

Similar companies

1802.T · 1801.T · LT.NS

Questions

What grade does Kajima Corporation (1812.T) have?

In our weekly check, Kajima Corporation is graded B (A to F). Of 24 checks on debt, profit, cash flow and trend: 17 pass, warnings: 5, red flags: 2. The grade is a risk check, not a buy or sell recommendation.

What are the main risks of 1812.T stock?

This week's biggest flags for Kajima Corporation: Deep past fall, Slow recovery after falls, Profits not backed by cash. In total 7 of 24 checks show a warning or a red flag.

What does Kajima Corporation do?

Kajima Corporation is an Industrials company (Engineering & Construction) based in Japan, listed on JPX as 1812.T.

When does Kajima Corporation report earnings next?

The next earnings report is expected on 2026-11-11. We re-run the checks every week, so the grade can change after it.

The grade is a risk check, not a price forecast, and not investment advice. In our 10-year test (S&P 500, 2016-2026), stocks we graded A or B fell more than 30% 2-3 times less often than D or F, without a lower average return.

Updated 2026-10-24

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