May 10, 2012

Restructuring of Tepco

Trade and industry minister Yukio Edano Wednesday approved a 10-year comprehensive business plan which Tokyo Electric Power Co. and the government-backed Nuclear Damage Liability Facilitation Fund on April 27 submitted to the government for restructuring the power company in the wake of the nuclear ...

Apr 26, 2012

Changing Tepco from the inside

The government on April 19 picked Mr. Kazuhiko Shimokobe, a bankruptcy lawyer with vast experience in corporate restructuring, as chairman of Tokyo Electric Power Co. He headed the decision-making body of the Nuclear Damage Liability Facilitation Fund, a public entity that injects funds into ...

| Mar 12, 2012

Power reform now or never

Taking advantage of the serious difficulties besetting Tokyo Electric Power Co. (Tepco) since the catastrophe at its Fukushima No. 1 nuclear power plant, the Democratic Party of Japan government is pushing a series of measures to restructure the outdated way in which the electric ...