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Obayashi suspected of rigging maglev train bid

TOKYO, Japan, Dec. 10 Kyodo - Photo taken on Dec. 9, 2017, shows a building in Tokyo's Minato Ward that houses Obayashi Corp. Prosecutors have searched the head office of the leading construction firm in Japan over allegations it rigged a bid for a maglev train-related project.

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Obayashi chiefs to resign over officials' involvement in bid rigging

TOKYO, Japan - Takeo Obayashi (file photo), chief executive officer and chairman of Obyayashi Corp., who hails from the contractor's founding family, will step down to take responsibility for the arrest of company officials for alleged bid rigging for a public works project, the company said on June 4. President Norio Wakimura will step down. Toru Shiraishi, 59, senior managing officer, will take over as CEO and president after receiving approval at a shareholders meeting scheduled for June 28.

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FTC searches major contractors over Nagoya bid-rigging case

NAGOYA, Japan - Fair Trade Commission investigators enter the Nagoya branch office of Obayashi Corp. on Jan. 24 to search for evidence on suspected rigging of bids in a subway project ordered by the Nagoya municipal government.

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Contractors suspected of rigging bids for Nagoya highway project

NAGOYA, Japan - Major Japanese construction companies are suspected of rigging bids not only for Nagoya's subway extension but for the city's highway construction project (in photo), financed by the Nagoya Expressway Public Corp., informed sources said Jan. 23. Obayashi Corp. and Shimizu Corp. were among the contractors that led the joint ventures.

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Contractors suspected of rigging bids for Nagoya highway project

NAGOYA, Japan - Major Japanese construction companies are suspected of rigging bids not only for Nagoya's subway extension but for the city's highway construction project (in photo), financed by the Nagoya Expressway Public Corp., informed sources said Jan. 23. Obayashi Corp. and Shimizu Corp. were among the contractors that led the joint ventures. (Kyodo)

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Obayashi chiefs to resign over officials' involvement in bid rig

TOKYO, Japan - Takeo Obayashi (file photo), chief executive officer and chairman of Obyayashi Corp., who hails from the contractor's founding family, will step down to take responsibility for the arrest of company officials for alleged bid rigging for a public works project, the company said on June 4. President Norio Wakimura will step down. Toru Shiraishi, 59, senior managing officer, will take over as CEO and president after receiving approval at a shareholders meeting scheduled for June 28. (Kyodo)

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FTC searches major contractors over Nagoya bid-rigging case

NAGOYA, Japan - Fair Trade Commission investigators enter the Nagoya branch office of Obayashi Corp. on Jan. 24 to search for evidence on suspected rigging of bids in a subway project ordered by the Nagoya municipal government. (Kyodo)

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Obayashi in bid rigging scandal

Camera crews wait in front of a building that houses Obayashi Corp.'s head offices in Tokyo on Dec. 19, 2017, where prosecutors carried out a raid over its alleged bid rigging with three other major contractors for work linked to the Tokyo-Osaka maglev train link. (Kyodo) ==Kyodo

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Maglev train route construction

Heavy machinery is parked at the construction site of an evacuation exit on the underground route for the maglev train in Nagoya on Dec. 11, 2017. Major construction firm Obayashi Corp. has allegedly been involved in controversy related to a project contract. (Kyodo) ==Kyodo

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Maglev train route construction

Heavy machinery is parked at the construction site of an evacuation exit on the underground route for the maglev train in Nagoya on Dec. 11, 2017. Major construction firm Obayashi Corp. has allegedly been involved in controversy related to a project contract. (Kyodo) ==Kyodo

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Obayashi suspected of rigging maglev train bid

Photo taken on Dec. 9, 2017, shows the company logo of Obayashi Corp. Prosecutors have searched the head office of the leading construction firm in Japan over allegations it rigged a bid for a maglev train-related project. (Kyodo) ==Kyodo