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April 27, 2024
 

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BID

BUSINESS / Companies
Aug 24, 2019
Japan's H.I.S. pulls bid for control of hotelier Unizo
Travel agent H.I.S. Co. said on Saturday it is abandoning its bid for control of Unizo Holdings, buckling in the face of a "white knight" offer from SoftBank's investment firm for the entirety of the hotel chain.
BUSINESS / Companies
Aug 7, 2019
Japan's FTC demands action from four big contractors who keep cropping up in antitrust cases
The apparently unprecedented move by the FTC followed a spate of antitrust violations by companies linked to the four — Obayashi Corp., Kajima Corp., Taisei Corp. and Shimizu Corp.
Japan Times
BUSINESS / Companies
Jan 18, 2019
Two contractors for Tokyo-Osaka maglev rail project ordered to partly halt business over bid-rigging
The transport ministry ordered two major contractors on Friday to temporarily suspend part of their business operations after they were fined last year by a Tokyo court for rigging bids for construction work on the Tokyo-Osaka maglev train project.
JAPAN / Crime & Legal
Oct 23, 2018
Court fines two contractors for maglev project bid-rigging
The Tokyo District Court has fined two major contractors for taking part in bid-rigging in connection with construction work for the Tokyo-Osaka maglev train project.
Japan Times
JAPAN / Politics
Oct 19, 2018
LDP Toyama chapter led by minister gets donation from bid-rigging firm, will return funds
A ruling Liberal Democratic Party chapter headed by Mitsuhiro Miyakoshi, state minister in charge of Okinawa and Northern Territories affairs, received political donations from a company involved in bid-rigging, data from the political funds reports of the chapter showed Thursday.
Japan Times
JAPAN / Crime & Legal
Mar 3, 2018
Arrested former Taisei exec denies maglev bid-rigging allegations
The former director says he was not in a position to engage in price-fixing even though he spent more than 10 years dealing with the maglev project.
Japan Times
BUSINESS / Companies
Jan 23, 2018
Obayashi president to step down 'to renew the top management' at scandal-tainted firm
Obayashi Corp., one of the country's four largest general contractors, said Tuesday that its president, Toru Shiraishi, will step down in a bid to shake up management as the firm faces allegations of bid-rigging involving construction related to the ¥9 trillion maglev rail project.
Japan Times
JAPAN / Crime & Legal
Jan 17, 2018
Contractors claim no illegality in their maglev train bidding and will not seek leniency deal
Three major construction companies being investigated for suspected bid rigging on a magnetically levitated train line project claim they did not engage in any illegal behavior and do not plan to seek leniency in exchange for admitting to the allegation, sources familiar with the matter said Tuesday.
EDITORIALS
Dec 15, 2017
Get to the bottom of the maglev project contracts
Investigators should get to the bottom of the budding bid-rigging scandal to see whether the construction firms have in fact put their shady practices behind them.
JAPAN / Crime & Legal
Apr 5, 2017
FTC uncovers ties between farm ministry and suspected bid-riggers connected to 3/11 recovery
Former farm ministry officials were found to have landed jobs in firms suspected of involvement in bid-rigging cases connected to government soil cleaning projects in the disaster-hit Tohoku region, sources familiar with the matter say.
BUSINESS
Mar 1, 2016
Kuraray, Unitika raided over alleged bid-rigging for SDF uniforms
The government's antitrust watchdog on Tuesday conducted on-site inspections of major textile and clothing makers Kuraray Co. and Unitika Ltd. following allegations the companies rigged bids to produce combat fatigues and other uniforms for the Self-Defense Forces.
BUSINESS / Companies
Feb 23, 2015
Bain Capital to begin takeover bid for Japanese mushroom producer
U.S. private equity firm Bain Capital LLC said on Monday it will launch a ¥9.5 billion ($79.8 million) takeover bid for Yukiguni Maitake Co., amid a conflict over management control at the Japanese mushroom producer.
BUSINESS
Jan 28, 2015
Major paving firms allegedly rigged bids for 3/11 projects
The Fair Trade Commission has searched the offices of 13 major road-paving firms on suspicion they violated the anti-monopoly law by rigging their bids for projects to repair expressways damaged by the March 2011 earthquake and tsunami in the Tohoku region.
Japan Times
BUSINESS
Aug 25, 2014
Regulators' sweep threatens auto parts business model
When a Japanese carmaker issued a tender for shock absorbers a few years ago for a model it planned to sell in Indonesia, two suppliers came back with bids that were "so obviously coordinated," said an executive at the automaker.
Japan Times
JAPAN
Jun 10, 2014
Melon sells for ¥350,000 at auction
A black-rind watermelon grown in Hokkaido fetched a winning bid of ¥350,000 on Tuesday in the year's first auction of the fruit at produce markets in Asahikawa and Sapporo.
Japan Times
JAPAN
Mar 4, 2014
Railway agency officials face bid rigging charges
Prosecutors plan to build a case against senior officials of a government-backed railway construction agency over alleged bid rigging in connection with projects for the Hokuriku bullet train line, sources said Tuesday.
JAPAN
Feb 4, 2014
Hokuriku rail line bid-rigging spurs raids
Investigators on Tuesday raided the Japan Railway Construction, Transport and Technology Agency as well as two private firms over alleged bid-rigging for snow-melting equipment on the Hokuriku Shinkansen Line, investigative sources said.
BUSINESS
Dec 21, 2013
Watchdog hands out bid-fixing penalties
The Fair Trade Commission said it slapped around ¥740 million in fines on 36 companies, including one in the Tokyo Electric Power Co. group, for fixing bids related to power line construction.
Japan Times
COMMUNITY / Voices / VIEWS FROM THE STREET
Sep 30, 2013
Tokyo: How do you feel about the capital hosting the 2020 Olympics?
Enthusiasm tinged with ambivalence greets the news that the city has been chosen to host the 2020 Summer Olympics — at least among this unscientific sample of Tokyoites.
Japan Times
JAPAN
Sep 16, 2013
Successful Olympic bid thrusts Tokyo into spotlight, fencing star says
For Olympic fencer Yuki Ota, Tokyo's successful bid for the 2020 Summer Games and Paralympics was like winning the gold medal he's always wanted.
New JAL chief concerned about yen’s ‘excessive’ weakness
Mitsuko Tottori became Japan Airlines’ first female CEO on April 1, having risen through the ranks as a flight attendant and heading the flight attendant and customer experience divisions.
Town to block view of Mount Fuji in response to overtourism
The town government of Fujikawaguchiko, Yamanashi Prefecture, decided to set up a 2.5-meter-high screen to prevent tourists from taking pictures of Mount Fuji looming behind a convenience store.
Yen inches closer to intervention point as BOJ meeting starts
The rate of the yen against the U.S. dollar is displayed in the trading room at foreign exchange brokerage Gaitame.com in Tokyo on Thursday.
Princess Aiko makes debut at imperial garden party
Princess Aiko attends an imperial garden party in Tokyo on Tuesday.
'So hot you can't breathe': Extreme heat hits the Philippines
A pedestrian cools himself with a folding hand fan as he waits for a ride along a road in Manila on Wednesday, as extreme heat hit the Philippines.
Tokyo's Koto Ward by-election a race unlike any other
Natsumi Sakai, the Constitutional Democratic Party of Japan’s candidate and one of four female candidates running in the by-election, touts her experience as a cancer survivor and midwife as having prepared her to tackle issues that women currently face.
Kyotographie's strong 12th edition shines light into the margins
Yassine Alaoui Ismaili, who goes by Yoriyas, turned to photography, shooting motion while in motion himself, after an injury forced him to give up his career as a professional breakdancer.
For amateur sumo, a fresh start offers hope against time-wasting and gamesmanship
Wrestlers prepare for the start of a bout at the 2023 Sumo World Championships in Tokyo. Starting this month, placing one hand on the clay first is no longer allowed.
LDP veteran Nikai's youngest son expected to succeed him in Wakayama
Toshihiro Nikai, former secretary-general of the Liberal Democratic Party, announced in March that he would not run in the next Lower House election to take responsibility for the political funds scandal that rocked his party and his own faction.
New workers name Shohei Ohtani as 'dream boss' for two years running
Shohei Ohtani has been overwhelmingly voted as the “dream boss” for people who started working in April, according to a survey.

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Vol. 34: Tokyo, a vanguard city for sustainability
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