Apr 1, 2014

No Tepco rate hike this year

New Tepco Chairman Fumio Sudo said the utility will not hike rates later this year even if the restart of its huge nuclear power plant in Niigata Prefecture is delayed. Acknowledging that Tokyo Electric Power Co. as operator of the stricken Fukushima No. 1 nuclear ...

/ Jan 7, 2014

It's official: Sudo to chair Tepco

Tokyo Electric Power Co. formally announced Tuesday that Fumio Sudo, a former president of steel maker JFE Holdings Inc., will become chairman of the struggling utility April 1. Kazuhiko Shimokobe, a 66-year-old lawyer who was brought in from the outside to serve as chairman in ...

Ex-steel chief seen taking over at Tepco

Dec 27, 2013

Ex-steel chief seen taking over at Tepco

The government is making final arrangements to appoint Fumio Sudo, an ex-president of steel-maker JFE Holdings Inc., as the next chairman of Tokyo Electric Power Co., which is trying to restructure as it struggles with the Fukushima nuclear crisis, sources said Friday. Sudo, 72, currently ...