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» 9 Utilities rejected proposal to phase out submitted by shareholders

Proposals to phase out nuclear power were rejected at general shareholders’ meetings held at nine of 10 utilities in Japan on June 26. For example, there were a record 15 proposals from shareholders at the TEPCO meeting, including proposals to abandon the Fukushima No. 2 and Kashiwazaki-Kariwa nuclear power plants. The Tokyo Metropolitan Government, a major TEPCO shareholder, proposed improving management transparency through measures such as the release of balance statements for each power plant. However, TEPCO and related enterprises opposed these proposals and all of them are rejected .

On contrary, Hokkaido Electric Power Co., Kansai Electric Power Co., Shikoku Electric Power Co. and Kyushu Electric Power Co. have showed a willingness to restart their reactors at an early date with Japan’s new nuclear standards set to take effect July 8.

<Media Report>
Utilities unreceptive to shareholders’ proposals to phase out nuclear power (Mainichi Newspaper)

Anti-nuke shareholders state their case at power company meetings(Asahi Newspaper)

Utility shareholders reject all anti-nuke proposals (Asahi Newspaper)

Utilities express eagerness to restart reactors at shareholder meetings(Kyodo News)

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