The incoming chairman of Tokyo Electric Power Co. (TEPCO) says he is open to forming alliances with companies outside Japan, as the utility continues efforts to restructure and raise funds for costs related to the Fukushima nuclear disaster. According to multiple reports, the remarks are made to reporters by the designated chair, who signals that cooperation with foreign partners could be considered as TEPCO advances its business plans.
The comments come as TEPCO progresses with a strategy outlined in January, which focuses on reorganizing operations and securing the financial resources needed for cleanup and related work tied to Fukushima. The company’s leadership position is transitioning to the new chairman, and the statements are framed as part of how TEPCO intends to move forward on its restructuring agenda.
Both outlets characterize the tone as open and exploratory, with no specific partner or deal announced. The reporting ties the chairman’s stance to TEPCO’s broader funding and restructuring challenges, emphasizing that the Fukushima cleanup remains a central driver of the company’s plans.
