» Tepco to end blanket compensation for Fukushima businesses in fiscal 2016

2015/06/08

Tokyo Electric Power Co. revealed their plan on June 7th that  they will stop making blanket compensation payments to small and midsize companies in evacuation zone in Fukushima Prefecture.

According to the plan, TEPCO will pay compensation for an additional two years that will continue until fiscal 2016. However, the lump-sum compensation payments will end then.

Business operators that evacuated after the Fukushima nuclear disaster criticized plans to end compensation payments, citing the destruction of their normal bases of operation and the time needed to attract new clientele.

<Media Report>

Compensation to Fukushima businesses hurt by nuke accident to end in fiscal 2016 (The Asahi Shimbun)

Fukushima business owners at a loss over plan to terminate compensation (The Asahi Shimbun)

Tepco to end blanket compensation for Fukushima businesses by fiscal 2017 (The Japan Times)

Gov’t, TEPCO plan 2-year lump sum payments for firms in Fukushima evacuated areas (The Mainichi)

Tags:business, compensation, news, TEPCO

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