May 19, 2016

Fukui Prefecture plans tax on spent nuclear fuel

The Fukui Prefectural Government is planning to submit an ordinance to an assembly session next month that calls for a tax on spent nuclear fuel stored at nuclear plants in the prefecture, informed sources said Thursday. The ordinance is aimed at encouraging nuclear plant ...

Apr 22, 2016

Toshiba faces ¥300 billion loss over Westinghouse

Toshiba Corp. plans to book an impairment loss of around ¥300 billion for fiscal 2015 linked to its U.S. nuclear power subsidiary Westinghouse Electric Co., sources familiar with the matter said Friday. The loss would be larger than anticipated. The struggling electronics maker, mired ...