Obayashi's HQ searched for evidence of fraud linked to maglev bids

National Dec 9, 2017

Obayashi's HQ searched for evidence of fraud linked to maglev bids

Prosecutors have raided Obayashi Corp.'s headquarters and other locations to investigate possible fraud in bidding on contracts for a ¥9 trillion ($79 billion) maglev train project, people close to the matter said Saturday. The prosecutors searched the contractor's head office in Tokyo and other sites ...

Business Mar 23, 2016

Japan's Obayashi considers major offshore wind project

Obayashi Corp. is considering building a wind power project with as much as 455 megawatts of capacity off the coast of Akita Prefecture, amid a push by the local government to expand the use of clean energy. The Tokyo-based construction company plans to begin an ...