Order Intake Ranking of 23 Major General Contractors| 2021 edition
In this issue of the “State of General Contractors” series, which provides an overview of the status of Japan’s major general contractors based on their business performance, etc., we will introduce the order intake rankings of the 23 major general contractors based on the order intake of each company in the fiscal year ending on March 31, 2021.
Considering the fact that general contractors are generally classified according to their company size, we will introduce the following in detail.
- Order intake ranking of the 23 major general contractors
- Order intake ranking of super general contractors
- Order intake ranking of semi-major general contractors
- Order intake ranking of mid-sized general contractors
- Order intake comparison by general contractor size
1. Order intake ranking of the 23 major general contractors
First, among the 23 major general contractors, Obayashi Corporation was the general contractor with the highest order intake at JPY 1.53 trillion. Taisei Corporation, Kajima Corporation, and Shimizu Corporation followed Obayashi Corporation with order intakes of JPY 1.32 trillion, JPY 1.27 trillion, and JPY 1.20 trillion, respectively. (See figure below)
On the other hand, the general contractor with the lowest order intake was Asanuma Corporation with JPY 119.2 billion, followed by the Zenitaka Corporation, Tobishima Corporation, and Daiho Corporation, with JPY 120.3 billion, JPY 125 billion, and JPY 126.3 billion, respectively, indicating a 10-fold difference from the top general contractors. The average of the 23 companies is JPY 489.3 billion.
2. Order intake ranking of super general contractors
Next, when looking at the five super general contractors, Obayashi Corporation was the super general contractor with the highest order intake at JPY 1.53 trillion. This was followed by Taisei Corporation, Kajima Corporation, Shimizu Corporation, and Takenaka Corporation with order intakes of JPY 1.32 trillion, JPY 1.27 trillion, JPY 1.20 trillion, and JPY 966.5 billion, respectively. (See figure below)
Among the super general contractors, Takenaka Corporation was the only firm whose order intake was below the JPY 1 trillion level. In addition, the difference in order intake between Obayashi Corporation and Takenaka Corporation is approximately JPY 560 billion, indicating that there is a large difference in order intakes even among the super general contractors. The average of the five super general contractors is JPY 1.26 trillion, which is an amount that is between the order intakes recorded by Kajima Corporation and Shimizu Corporation.
3. Order intake ranking of semi-major general contractors
Next, a look at the orders received by the 10 semi-major general contractors shows that Penta-Ocean Construction Co., Ltd. is the semi-major general contractor with the highest order intake at JPY 505.3 billion. Haseko Corporation, Toda Corporation, Maeda Corporation, and Fujita Corporation followed with JPY 430.3 billion, JPY 428.9 billion, JPY 411.9 billion, and JPY 399.8 billion, respectively. (See figure below)
On the other hand, the semi-major general contractor with the lowest order intake was Kumagai Gumi with JPY 283.4 billion, followed by Hazama Ando Corporation, Tokyu Construction Co., Ltd., Nishimatsu Construction Co., Ltd., and Sumitomo Mitsui Construction Co., Ltd. with JPY 300.9 billion, JPY 306.6 billion, JPY 312.3 billion, and JPY 316.4 billion, respectively. The average of the semi-major general contractors is around JPY 369.6 billion, which is between the order intakes recorded by Fujita Corporation and Sumitomo Mitsui Construction Co., Ltd.
4. Order intake ranking of mid-sized general contractors
Looking at the orders received by the eight mid-sized general contractors, the general contractor with the highest order intake was Toa Corporation with JPY 248.7 billion. Okumura Corporation, Toyo Construction Co., Ltd., and Tekken Corporation followed with JPY 222.2 billion, JPY 158.2 billion, and JPY 153.5 billion, respectively. (See figure below)
On the other hand, the mid-sized general contractor with the lowest order intake was Asanuma Corporation with JPY 119.2 billion, followed by the Zenitaka Corporation, Tobishima Corporation, and Daiho Corporation with JPY 120.3 billion, JPY 125.0 billion, and JPY 126.3 billion, respectively. The average for mid-sized general contractors is about JPY 159.2 billion, which is between the order intakes recorded by Okumura Corporation and Toyo Construction Co., Ltd.
5. Order intake comparison by general contractor size
The average order intake recorded by the five super general contractors is JPY 1.26 trillion. The average order intake recorded by the 10 semi-major general contractors is JPY 369.6 billion. The average order intake recorded by the eight mid-sized general contractors is JPY 159.2 billion. This indicates the scale of super general contractors is about 3.4 times larger than that of semi-major general contractors and about 7.9 times larger than that of mid-sized general contractors in terms of average order intake. (See figure below)
From the same perspective, the size of semi-major general contractors is about 2.3 times larger than that of mid-sized general contractors. The average of the 18 semi-major and mid-sized general contractors and 23 major general contractors was JPY 276.1 billion and JPY 489.3 billion, respectively.
Reference | Data List
Lastly, the following is a list of the 23 major general contractors and the data used for reference.
list of the 23 major general contractors
Data for Order Intake Ranking of 23 Major General Contractors
| Company | Order intake (in billions JPY) | General contractor size |
|---|---|---|
| Obayashi | 1,530.0 | super general contractors |
| Taisei | 1,321.5 | super general contractors |
| Kajima | 1,265.2 | super general contractors |
| Shimizu | 1,201.0 | super general contractors |
| Takenaka | 966.5 | super general contractors |
| Penta-Ocean Construction | 505.3 | semi-major general contractors |
| Haseko | 430.3 | semi-major general contractors |
| Toda | 428.9 | semi-major general contractors |
| Maeda | 411.9 | semi-major general contractors |
| Fujita | 399.8 | semi-major general contractors |
| Sumitomo Mitsui Construction | 316.4 | semi-major general contractors |
| Nishimatsu Construction | 312.3 | semi-major general contractors |
| Tokyu Construction | 306.6 | semi-major general contractors |
| Hazama Ando | 300.9 | semi-major general contractors |
| Kumagai Gumi | 283.4 | semi-major general contractors |
| Toa | 248.7 | mid-sized general contractors |
| Okumura | 222.2 | mid-sized general contractors |
| Toyo Construction | 158.2 | mid-sized general contractors |
| Tekken | 153.5 | mid-sized general contractors |
| Daiho | 126.3 | mid-sized general contractors |
| Tobishima | 125.0 | mid-sized general contractors |
| Zenitaka | 120.3 | mid-sized general contractors |
| Asanuma | 119.2 | mid-sized general contractors |
| Average of 5 super GCs | 1,256.8 | 5 super GCs |
| Average of 10 semi-major GCs | 369.6 | 10 semi-major GCs |
| Average of 8 mid-sized GCs | 159.2 | 8 mid-sized GCs |
| Average of 18 semi-major and mid-sized GCs | 276.1 | 18 semi-major and mid-sized GCs |
| Average of 23 major GCs | 489.3 | 23 major GCs |
Source: Compiled based on each company’s annual securities report and financial statements (as of March 31, 2021) Values are based on each company’s “non-consolidated” figures.
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