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© 2013 AFPTEPCO says it needs to cut Y100 bil in costs to stay afloat
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© 2013 AFP
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Yubaru
Now I wonder how much in bonuses the executives will get this year?
So many Japanese don't get them, why should they?
Rick Kisa
Somebody remind me; does TEPCO boast same management as during 3/11, or there was an overhaul? If no change, i stop reading any stuff from TEPCO....
ka_chan
Japan has too many electric utility companies. Let TEPCO go under, the government will have to pickup the costs of Fukushima anyway. Most likely, TEPCO isn't alone and other utilities will be in trouble because of nuclear power. At some point, there will be on utility uniting Japan under one electrical system. That will be a good think.
SauloJpn
Those cuts will most likely be in operation instead of management. All the fat cats will be just fine, as always!!! This firm is a disgrace!
Mirai Hayashi
Cutting executive salaries would be a good start.
Disillusioned
Ah, yeah, but nuclear power is cheap and safe, right? The government cannot let TEPCO go under cos they own 51% of it. The thing that boils my blood most is, TEPCO has admitted the meltdown was caused by human error and their blatant disregard of safety warnings and upgrades, but nobody has faced any sort of criminal charges. Now, every person in Japan is gonna have to foot the bill for TEPCO's ignorance. Nuclear power can be safe and it can be cheap, but not when it is run by lying and cheating children.
wtfjapan
well said disallusioned, Nuclear can be safe and cheap, if its regulated properly by people who know what theyre doing, its when you give control to these power companies who are profit driven at the expense of safety that problems will happen. with the oversupply of electricity youd think prices would be cheaper but in fact J power is one of the most expensive in the world. government needs to deregulate the market while keeping strict controls on safety, giving people the choice to choose which company to use. works well in the airline industry, cheap prices with strict safety.
gogogo
Tepco should not be run for profit, they should not be allowed to make a profit for what they did
dcog9065
Break up the damn company, bring some price competition to the electricity market. It's silly that I can't choose which utility I want to use.
smithinjapan
Don't let it stay afloat. Period. Sink it.
Maitake
*inhales sharply through teeth.
Hey TEPCO, time for you to not be the 'operator of the crippled Fukushima nuclear plant' anymore. Let someone more honest and competent take over, please.
Yubaru
Depending upon where you live there are options from what I've heard. Also keep in mind that Eastern Japan followed the German model and has a 50-cycle electrical power grid. and the western part of Japan used the American model and has a 60-cycle grid. There is very limited transfer capability available and it evidently costs a ton to build the plants needed to convert one to the other.
TEPCO has other facilities besides Fukushima.
YongYang
May EVERY single ONE of TEPCO's management be made redundant. May every single on of them suffer deprivation, squalor and fear. Also, your families. Then, and only THEn may you lose some of the arrogance that will see you UNDERSTAND.
nath
Could just raise prices