Wednesday, June 27, 2012

Fukushima Watch: Power Companies Face the Shareholders

Japan utility shareholders vote to keep nuclear power
Reuters
Municipal shareholders vote against nuclear power* Kansai president says no plans to exit atomic energy* Votes come days before first atomic restartsBy Yoko ...
Fukushima Watch: Power Companies Face the Shareholders
Wall Street Journal (blog)
In western Japan, Kansai Electric Power Co.'s biggest shareholder, the city of Osaka, proposed the utility exit from nuclear power completely. JRT readers know ...

Wall Street Journal (blog)
Japan set to power up nuclear reactor amid protests
CNN
Energy-starved Japan will regain nuclear-powered electricity on Sunday, as the first reactor to be switched on since last year's Fukushima disaster comes online.
Japan nuke utility shareholders approve bailout
Fox News
TOKYO – The power company behind Japan's nuclear crisis got support from shareholders Wednesday for a decision to take 1 trillion yen ($12.6 billion) in ...
Tepco's New Chief Sees No Plan B to Revive Profitability
Businessweek
Polls show the majority of Japanese want less reliance on nuclear power following the meltdowns at Tepco's Fukushima Dai- Ichi reactors last year.
Japanese Shareholders Starting to Show Their Teeth
New York Times
TOKYO — To say that Yui Kimura is a distressed investor might be an understatement: She is a small shareholder in the operator of the nuclear power plant at ...


Utility shareholders meet / Nuclear power decried; TEPCO's de facto ...
The Daily Yomiuri
TEPCO and eight other power utilities that own nuclear power plants held their annual shareholders meetings across the nation on the day, with shareholders ...

Power companies feel the heat / Shareholders demand ...
The Daily Yomiuri
I don't want [TEPCO] to restart nuclear power plants without substantial debate. That may ... Meanwhile, members of anti-nuclear power civil groups and others ...


Tepco Shareholders Approve Government Bailout, Directors

Businessweek -
By Tsuyoshi Inajima and Yuji Okada on June 27, 2012 Tokyo Electric Power Co. (9501) won approval from shareholders to give the government control of the company, once the world's biggest private electricity utility. Shareholders of the company known as ...

Tepco Shareholders Approve Nationalization Plan

Fox Business -
Shareholders of Tokyo Electric Power Co. (9501.TO) on Wednesday approved the effective nationalization of the embattled utility, in a meeting that saw a generally more restrained tone from a year ago when the company was in the grip of the crisis at ...

9 utilities reject all shareholders' anti-nuclear appeals

Asahi Shimbun -
Nine electric power companies stood firm on June 27 on nuclear power generation, rejecting all anti-nuclear proposals from their shareholders, including one from Osaka city to Kansai Electric Power Co., which sought the abolition of all its nuclear ...

Japanese nuclear companies face protests

BBC News -
Shareholder meetings taking place on Wednesday are likely to get quite heated for Japan's nuclear energy firms. Protests are expected outside the meetings of Japan's Tokyo Electric Power (Tepco) and at Kansai Electric, the firm that will be the first ...

Fukushima plant directors resign with golden parachutes

ABC Online -
MARK COLVIN: Directors and auditors at TEPCO - the Japanese operator of the Fukushima nuclear plant - have used the company's annual general meeting today to resign. In theory, they're doing so to take responsibility for last year's disaster.
 


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