Obayashi

What Obayashi does

Obayashi Vietnam Corporation is a Ho Chi Minh City-based wholly-owned subsidiary of Obayashi Corporation, one of Japan's largest general contractors (founded 1892 in Osaka, ¥1,400 billion in consolidated annual net sales, ~13,000 group employees across 86 subsidiaries and 26 affiliated companies). Established in Vietnam in 2006 and now operating its 20th year, the company functions as a general contractor serving Japanese manufacturers, retailers, and institutions expanding into Southeast Asia, with offices in Ho Chi Minh City, Hanoi, Hai Phong, Da Nang, and Phnom Penh (Cambodia). Its core offering spans the full construction lifecycle: architectural, structural, and MEP design enabled by BIM; general construction execution; safety management (ISO 45001:2018 certified); pre-construction consultation; and post-completion maintenance. Named customers include AEON Mall, Nippon Mektron, Toyoda Gosei, Seiko Precision Parts, Otsuka, TOTO, Panasonic, SMC Manufacturing, and UNIS Hanoi, spanning electronics, automotive, F&B, sanitary ware, logistics, and education verticals.

The company generates revenue through project-based, one-time construction contracts secured via direct engagement with project owners, investors, and consulting firms—pricing is quote-based with no public standard rate card. Its primary go-to-market is enterprise field sales targeting Japanese corporate parents making greenfield or expansion capex decisions in Vietnam and Cambodia. Beyond traditional construction services, the group has begun building technology adjacency: parent-level co-development of PROCOLLA, an AI cloud process management system built with Arent Co., Ltd. (April 2026), and the Webcor (US subsidiary) acquisition of GCON (Q4 2025) to enter data center and semiconductor construction. The subsidiary holds ISO 9001, ISO 45001:2018, and ISO/IEC 27001 certifications—credentials that serve as procurement prerequisites for Japanese multinational clients and that materially narrow the field of competing local Vietnamese contractors.

Name

Obayashi

Legal name

Obayashi Viet Nam Corporation

Website

https://obayashivn.com

Company type

Private

Founded year

2006

Operating status

Operating

Headcount range

101–250 employees

Short description

Obayashi Vietnam Corporation is a Vietnamese subsidiary of Japan's Obayashi Corporation, providing general contracting, BIM-enabled design, safety, and maintenance services to Japanese manufacturers, retailers, and institutions across Vietnam and Cambodia.

Ownership category

akta.pro rank

Product category

General Construction Contracting

NAICS

Industrial Building Construction (23621), Commercial and Institutional Building Construction (236220), Nonresidential Building Construction (2362), Architectural, Engineering, and Related Services (5413)

SIC

General Bldg Contractors - Nonresidential Bldgs (1540), Operative Builders (1531)

akta.pro primary industry

Construction Program Management (Multi-site/Portfolio) (IMAFAAAF)

akta.pro secondary industries

Food & Beverage Processing Plant Construction (IMAFADAH), Construction Management & General Contracting (EPCM, Scheduling, QA/QC, HSE) (EUAMAFAJ)

Keywords

• General construction services
• Industrial factory construction
• Commercial building construction
• Construction project management
• BIM design services

Headquarters

HQ city

Ho Chi Minh City

HQ country

Vietnam

HQ region

Asia

Offices6 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Supply Chain, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Construction Services: General construction contracting services for industrial and commercial projects. Revenue is project-based, one-time for each construction engagement. Projects range from factory construction to shopping centers and educational facilities.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Obayashi Vietnam Corporation is a general construction contractor providing end-to-end construction services for industrial factories, commercial buildings (shopping centers), and institutional facilities across Vietnam and Cambodia. The offering spans on-the-ground construction execution, integrated in-house design (architectural, structural, MEP), BIM-enabled project delivery, safety management under ISO 45001:2018, construction consultation, and post-completion maintenance services. Projects are secured via direct engagement with project owners, investors, and Japanese companies establishing manufacturing operations in Southeast Asia.

Product overview

Obayashi is a Japan-based construction and real estate company with operations across multiple segments including domestic and overseas construction, civil engineering, real estate, and renewable energy. The company offers a portfolio of construction-related services centered around a core construction offering supplemented by design, safety, consultation, and maintenance services. Additionally, Obayashi has co-developed PROCOLLA, an AI cloud process management system specifically designed for the construction industry to address process management and information sharing challenges. The Obayashi Group comprises 86 subsidiaries and 26 affiliated companies with approximately 13,000 employees and combined annual net sales of approximately ¥1,400 billion.

Differentiator

Problem solved

Functional benefit

Products and services

• Construction Services General construction contracting services for Japanese and international companies investing in Vietnam and Cambodia, covering industrial factory construction (electronics, automotive, food & beverage, pharmaceutical sectors), commercial buildings (shopping centers), and educational/institutional facilities.
• Design Services

Quantifiable outcome

• 43% increase in attributable profit for fiscal H1
• +1 more outcomes

Named customers14 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Six partnerships are on record, tiered core.

• Arent Co., Ltd.coreTechnology or Integration · 23 April 2026Co-development of PROCOLLA, an AI cloud process management system for the construction industry. Obayashi Corporation is participating in a seminar to share experience implementing and operating the system on construction sites. PROCOLLA addresses industry challenges including personalization of process management and delays in information sharing.
• Webcor, LPcoreStrategic or Co-development PartnerWebcor, LP is a US-based construction company and subsidiary of Obayashi Corporation. Obayashi provides financial resources and support enabling Webcor to expand into new high-growth markets including technology projects such as data centers and semiconductor work.
• Obayashi SingaporecoreStrategic or Co-development PartnerPart of the global Obayashi Group network of 86 subsidiaries and 26 affiliated companies spanning construction and real estate operations worldwide.
• Thai ObayashicoreStrategic or Co-development PartnerPart of the global Obayashi Group network operating across Southeast Asia.
• PT. Jaya Obayashi (Indonesia)coreStrategic or Co-development PartnerPart of the global Obayashi Group network operating across Southeast Asia.
• Taiwan ObayashicoreStrategic or Co-development PartnerPart of the global Obayashi Group network operating in Taiwan.

Scale indicators6 records

Recent moves11 records

Expansion highlights5 records

Regional players

• Webcor: US-based construction company and subsidiary of Obayashi Corporation (sibling subsidiary to Obayashi Vietnam). Operates in different geography (USA, particularly California) but executes Obayashi's international expansion strategy, particularly in technology projects like data centers and semiconductors.

Direct peers

• Taisei Corporation: Japanese major general contractor with Vietnam operations targeting industrial and commercial projects. Comparable in size, customer profile (Japanese manufacturers), and full-service general contracting capabilities.
• Kajima Corporation: Japanese general contractor with extensive Vietnam presence serving Japanese FDI clients. Directly competes for industrial factory and commercial construction projects in Vietnam with comparable integrated design-build capabilities.
• Maeda Corporation: Japanese general contractor with Vietnam operations. Competes for industrial factory and infrastructure projects, particularly serving Japanese manufacturing clients establishing regional operations.
• Coteccons Construction: Vietnam's largest domestic general contractor. Competes with Obayashi Vietnam on industrial and commercial projects but with lower cost structure; represents the primary local price-competition pressure.
• Hoa Binh Construction Group: Leading Vietnamese general contractor competing for industrial, commercial, and residential projects across Vietnam. Directly comparable project scope but with local pricing and labor cost advantages.
• Shimizu Corporation: One of Japan's largest general contractors with a Vietnam subsidiary (Shimizu Vietnam) that builds factories, offices, and commercial projects for Japanese manufacturers. Directly comparable business model and customer base to Obayashi Vietnam.
• Takenaka Corporation: Major Japanese general contractor with operations across Southeast Asia including Vietnam. Competes for the same Japanese manufacturer factory construction projects with similar positioning on quality and Japanese standards.
• Ricons Construction Investment: Vietnamese general contractor with growing industrial and commercial portfolio. Competes for similar factory and commercial project tenders with lower pricing structure.
• Toda Corporation: Japanese general contractor active in Southeast Asia, including Vietnam. Competes for similar factory and commercial construction projects serving Japanese enterprise customers.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/obayashivietnam
• Facebookfacebook.com/loxothtvietnam

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Obayashi