• Kyodo

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The incoming president of Tokyo Electric Power Company Holdings Inc. has expressed eagerness to accelerate moves for tie-ups with other companies in an effort to revive its business following the meltdowns at its Fukushima No. 1 nuclear complex in 2011.

“Capital strength is important to seriously embark on growth businesses,” Tomoaki Kobayakawa, the head of Tokyo Energy Partner Inc., Tepco’s electricity retail arm, said in a recent interview. The 53-year-old is set to assume the post of president on June 23.

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