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Politics

Japanese prosecutors raid Kajima, Shimizu over alleged maglev bid-rigging

Contractors accused of colluding in rail auction, Obayashi and Taisei also targeted

Services of the maglev trains between Tokyo and Nagoya are slated to begin in 2027.

TOKYO -- The Tokyo District Public Prosecutors Office on Monday raided the offices of general contractors Kajima and Shimizu for alleged antitrust violations in a bid-rigging probe over a high-speed railway project.

The companies have been accused of colluding with other bidders in the auction to win deals from Central Japan Railway, known as JR Tokai.

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