Meanwhile three-times Olympic champion Kamil Stoch of Poland, set a new record with a jump of 148.5m in the second round to claim second place, despite only recently recovering from flu.
Austrian Kraft, who had previously held the record, took his 14th World Cup win and his second of the season.
Kraft takes third consecutive World Cup win
Norway’s Robert Johansson took the lead in the first round, but ultimately finished in third place.
Olympic Momentum: Kazuyoshi Funaki's perfect jump