• Kyodo

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Johnan Shinkin Bank said Friday it has terminated electricity contracts with Tokyo Electric Power Co. for its headquarters and most of its branch offices and will start buying power from a nonnuclear energy provider from January.

The Tokyo-based bank’s shift to Ennet Corp., which sells electricity generated by gas and renewable energy, is in line with its earlier pledge to cut energy consumption and help reduce dependence on atomic energy in light of the Fukushima No. 1 nuclear plant crisis.

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