Tokyo Electric Power Company
Fuel TEPCO Limited
TEPCO Lease Corporation
Tokyo Electric Power Company, Incorporated (hereafter TEPCO), Nanmei Kousan
Co., Ltd (hereafter Nanmei Kousan), TEPCO-Yu Company Ltd (hereafter
TEPCO-Yu) and TEPSTAR Co., have agreed to restructure their fuel-related
businesses by changing Nanmeikosan into an acquiring company named "Fuel
TEPCO Limited" (hereafter Fuel TEPCO). Furthermore, with regards to
businesses centered on leasing activities outside of fuel-related businesses,
these four companies have also agreed to restructure TEPCO-YU into "TEPCO
Lease Corporation" (hereafter TEPCO Lease) (previously announced on February
24, 2011). Hence, today marks the inauguration of these two companies.
From this point on, Fuel TEPCO will be responsible for supplying thermal-
power fuel in a flexible and efficient manner and via state-of-the-art
disaster prevention activities secure the safety and peace of the power
station as well as ensure safe power supply.
In turn, TEPCO Lease will provide emergency vehicles such as power supply
cars and fire trucks necessary to the restoration of power facilities and
stable power supply. Emergency equipment etcetera to prevent accidents and
conserve energy will also be provided.
In accordance with the "Present Policy for Business Efficiency Improvements
and Streaming" released on May 20, 2011, TEPCO's group businesses will be
reviewed with a strict eye towards the implementation of drastic
streamlining measures focused on only those entities deemed essential to
the power supply business.
Attachment (PDF 35.9KB)