Tokyo Power Company Loses Billions

The World
The World

The Tokyo Electric Power Company, which operates the Fukushima Daiichi nuclear plant, reported net losses of more than $15 billion Friday. Seijiro Takeshita, director of Mizuho International in London, says a new structure is needed in Japan to cope with crisis management.

Sign up for our daily newsletter

Sign up for The Top of the World, delivered to your inbox every weekday morning.