TEPCO Announces Profits of $4.3 Billion for 2013

Three years on from the March 11th earthquake and the resulting triple meltdown at TEPCO’s Fukushima No. 1 Nuclear Power Plant, almost half of the 300,000 people displaced from the 12-mile evacuation zone still haven’t received satisfactory compensation, many are still forced to live in temporary (and often shared) houses, and over 1,600 have since died due from issues related to displacement.

But… Good news! TEPCO still managed to make a ¥43.2 billion ($4.3 billion) profit in the 2013 fiscal year!


“YAYYYYY!” (pic: Shutterstock)

This “profit” includes the ¥47 billion ($4.7 billion) of taxpayers’ money given to them by the government to assist with preventing any further contaminated water leaking from the Fukushima No. 1 nuclear plant.

Among those donning their party hats and dancing happy little jigs will be two members of the Abe administration, Secretary General Shigeru Ishiba and politician Masahiro Imamura, who each own thousands of shares in TEPCO.

Via: Japan Subculture

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