With the nuclear crisis pressing hard on management, Tokyo Electric Power Co. on Friday reported a record group net loss of ¥1.24 trillion for fiscal 2010.
Tepco didn't include what are expected to be massive compensation payments to people and companies harmed by the accident at the Fukushima No. 1 nuclear power plant.
President Masataka Shimizu announced he will resign after the blue chip utility's June 28 shareholders' meeting to take responsibility for the disaster triggered by the March 11 earthquake and tsunami.