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An anti-nuclear protester holds a placard during a rally in front of the headquarters of Tokyo Electric Power Co. (TEPCO), operator of the tsunami-crippled Fukushima Daiichi nuclear power plant, in Tokyo March 11, 2012, to mark the first anniversary of th

Over and Out for Japan's Nuclear Industry?

The Tokyo Electric Power Company (TEPCO), the owners of the Fukushima Daiichi Nuclear Power Plant devastated by the March 2011 Tohoku Earthquake and Tsunami, reported a net-loss of $9.7 billion for the full year ending 31 March 2012. Reporting its annual figures on 14 May, these figures reflected an improvement of some 35 per cent over 2011's figures but insufficient to avoid 09 May's effective nationalisation of the company.