Latest Tokyo Brief coverage on taisei corporation, tracking filings, financial news, and market signals from Japan.
TSE:1801
Taisei Corporation's 120-day suspension, from November 7 to March 6, applies only to nationwide private-sector civil-engineering work, and the company has decided to withdraw its Supreme Court challenges to the Japan Fair Trade Commission's cease-and-desist order.
The Supreme Court's rejection of Taisei Corporation's final appeal fixes a ¥250mn fine and a suspended sentence for a former adviser over antitrust violations tied to Linear Chuo Shinkansen terminal-station construction, and Kajima Corporation says its own appeal in a related case tied to the same railway project has also failed.
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