diff --git a/jps/jps-plugin/src/org/jetbrains/kotlin/jps/incremental/IncrementalCacheImpl.kt b/jps/jps-plugin/src/org/jetbrains/kotlin/jps/incremental/IncrementalCacheImpl.kt
index d5d72746ecd..bcebe353b7a 100644
--- a/jps/jps-plugin/src/org/jetbrains/kotlin/jps/incremental/IncrementalCacheImpl.kt
+++ b/jps/jps-plugin/src/org/jetbrains/kotlin/jps/incremental/IncrementalCacheImpl.kt
@@ -366,8 +366,8 @@ public class IncrementalCacheImpl(
 
             ClassReader(bytes).accept(object : ClassVisitor(Opcodes.ASM5) {
                 override fun visitField(access: Int, name: String, desc: String, signature: String?, value: Any?): FieldVisitor? {
-                    val staticFinal = Opcodes.ACC_STATIC or Opcodes.ACC_FINAL
-                    if (value != null && access and staticFinal == staticFinal) {
+                    val staticFinal = Opcodes.ACC_STATIC or Opcodes.ACC_FINAL or Opcodes.ACC_PRIVATE
+                    if (value != null && access and staticFinal == Opcodes.ACC_STATIC or Opcodes.ACC_FINAL) {
                         result[name] = value
                     }
                     return null
diff --git a/jps/jps-plugin/test/org/jetbrains/kotlin/jps/build/IncrementalJpsTestGenerated.java b/jps/jps-plugin/test/org/jetbrains/kotlin/jps/build/IncrementalJpsTestGenerated.java
index 53efe232f9d..c7cd780f232 100644
--- a/jps/jps-plugin/test/org/jetbrains/kotlin/jps/build/IncrementalJpsTestGenerated.java
+++ b/jps/jps-plugin/test/org/jetbrains/kotlin/jps/build/IncrementalJpsTestGenerated.java
@@ -485,6 +485,12 @@ public class IncrementalJpsTestGenerated extends AbstractIncrementalJpsTest {
             doTest(fileName);
         }
 
+        @TestMetadata("privateConstantsChanged")
+        public void testPrivateConstantsChanged() throws Exception {
+            String fileName = JetTestUtils.navigationMetadata("jps-plugin/testData/incremental/pureKotlin/privateConstantsChanged/");
+            doTest(fileName);
+        }
+
         @TestMetadata("privateMethodAdded")
         public void testPrivateMethodAdded() throws Exception {
             String fileName = JetTestUtils.navigationMetadata("jps-plugin/testData/incremental/pureKotlin/privateMethodAdded/");
diff --git a/jps/jps-plugin/testData/incremental/pureKotlin/privateConstantsChanged/build.log b/jps/jps-plugin/testData/incremental/pureKotlin/privateConstantsChanged/build.log
new file mode 100644
index 00000000000..453becd76c1
--- /dev/null
+++ b/jps/jps-plugin/testData/incremental/pureKotlin/privateConstantsChanged/build.log
@@ -0,0 +1,11 @@
+Cleaning output files:
+out/production/module/META-INF/module.kotlin_module
+out/production/module/test/ConstKt.class
+out/production/module/test/Klass$Companion.class
+out/production/module/test/Klass.class
+out/production/module/test/Obj.class
+out/production/module/test/TestPackage.class
+End of files
+Compiling files:
+src/const.kt
+End of files
\ No newline at end of file
diff --git a/jps/jps-plugin/testData/incremental/pureKotlin/privateConstantsChanged/const.kt b/jps/jps-plugin/testData/incremental/pureKotlin/privateConstantsChanged/const.kt
new file mode 100644
index 00000000000..7f64be02734
--- /dev/null
+++ b/jps/jps-plugin/testData/incremental/pureKotlin/privateConstantsChanged/const.kt
@@ -0,0 +1,15 @@
+package test
+
+val CONST = "foo"
+
+class Klass {
+    companion object {
+        private val CHANGED = "old"
+        public val UNCHANGED = 100
+    }
+}
+
+object Obj : Any() {
+    private val CHANGED = "old:Obj"
+    public val UNCHANGED = 200
+}
diff --git a/jps/jps-plugin/testData/incremental/pureKotlin/privateConstantsChanged/const.kt.new b/jps/jps-plugin/testData/incremental/pureKotlin/privateConstantsChanged/const.kt.new
new file mode 100644
index 00000000000..569acca03d0
--- /dev/null
+++ b/jps/jps-plugin/testData/incremental/pureKotlin/privateConstantsChanged/const.kt.new
@@ -0,0 +1,15 @@
+package test
+
+val CONST = "foo"
+
+class Klass {
+    companion object {
+        private val CHANGED = "new"
+        public val UNCHANGED = 100
+    }
+}
+
+object Obj : Any() {
+    private val CHANGED = "new:Obj"
+    public val UNCHANGED = 200
+}
diff --git a/jps/jps-plugin/testData/incremental/pureKotlin/privateConstantsChanged/usage.kt b/jps/jps-plugin/testData/incremental/pureKotlin/privateConstantsChanged/usage.kt
new file mode 100644
index 00000000000..0804182a1b5
--- /dev/null
+++ b/jps/jps-plugin/testData/incremental/pureKotlin/privateConstantsChanged/usage.kt
@@ -0,0 +1,4 @@
+package test
+
+@Deprecated(CONST + Klass.UNCHANGED)
+class Usage