Jul 12, 2016

Fujitsu and Oi Electric fined ¥400 million for bid-rigging

The Fair Trade Commission has fined Fujitsu Ltd. and Oi Electric Co. a total of ¥402.91 million for repeated bid-rigging for communications equipment tendered by Tokyo Electric Power Company Holdings Inc. The FTC on Tuesday also issued a cease-and-desist order to the two electronic ...

Shareholders urge Japan's utilities to end nuclear power generation

Jun 28, 2016

Shareholders urge Japan's utilities to end nuclear power generation

Shareholders urged nine power companies Tuesday to end nuclear power generation, reflecting safety concerns lingering since the 2011 Fukushima disaster. However, the proposals were turned down at the firms’ shareholders meetings. The companies, including Tokyo Electric Power Company Holdings Inc., operator of the crippled ...