» Utilities rejected shareholders’ proposals to close down nuclear power plants

2014/06/26

All nine electric power companies that operate nuclear plants rejected shareholders’ proposals to close down the facilities, citing new safety measures and the need to quickly restart their reactors.

It was the first time anti-nuclear proposals were presented to all nine companies at their shareholders’ meetings.

However, passing such changes requires support representing at least two-thirds of votes from shareholders who took part in the meetings. Large shareholders, such as banks, voted against the proposals.

The utilities all held their annual shareholders’ meetings on June 26.
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Japan’s utilities reject anti-nuclear demands from shareholders (Asahi Newspaper)

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