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Obayashi Corp (1802.T)

1802.T on Tokyo Stock Exchange

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¥-13 (-1.11%)
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Wed, May 2 2018

UPDATE 1-Japan's Itochu posts 14 pct rise in annual profit on higher coal prices

* Pays record div in FY17/18, sees higher div in FY18/19 (Adds quotes)

UPDATE 1-Japan's JFE to spend $9 bln in three years, focus on plant upgrades

* JFE targets 280 bln bln in average annual recurring profit (Recasts with total investment plan and quotes)

UPDATE 1-Taisei shares fall 4 pct after report on maglev project bid

* Four firms allegedly agreed to collude since around 2011-Yomiuri

Taisei shares fall 4 pct after report on maglev project bid

TOKYO, Dec 20 Shares of Taisei Corp fell more than 4 percent on Wednesday after a media report that the Japanese construction firm had asked rival Obayashi Corp to refrain from bidding on a project for magnetic levitation (maglev) trains.

Japanese construction firms targeted in fresh raids

TOKYO Tokyo prosecutors raided the headquarters of Japanese construction firms Taisei Corp and Obayashi Corp on Tuesday over alleged antitrust violations linked to $80 billion worth of magnetic levitation (maglev) train projects.

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