Michele Kearney's Nuclear Wire

Major Energy and Environmental News and Commentary affecting the Nuclear Industry.

Friday, February 17, 2017

Toshiba's woes weigh heavily on government's ambition to sell Japan's nuclear technology


Toshiba's woes weigh heavily on government's ambition to sell Japan's nuclear technology


 Toshiba's announcement that it will write down nearly A 712.5 billion in losses involving its U.S. nuclear unit, Westinghouse, is seen as a major setback for the government's strategy of selling Japanese nuclear power technology abroad. Over the past four years, Prime Minister Shinzo Abe, the Ministry of Economy, Trade, and Industry, and nuclear power players, such as Toshiba/Westinghouse, General Electric-Hitachi and Mitsubishi Heavy Industries, have promoted Japanese nuclear reactor technology worldwide.
http://www.japantimes.co.jp/news/2017/02/15/national/toshibas-woes-weigh-heavily-governments-ambition-sell-japans-nuclear-technology/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+japantimes+%28The+Japan+Times%3A+All+Stories%29#.WKcMLhwZVKo

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