We deeply apologize to the people of Fukushima and broader society for the tremendous amount of inconvenience and anxiety caused by the accident at Fukushima Daiichi and Daini Nuclear Power Stations (hereinafter referred to as "the accident").

Based on "The Second Supplement to the Interim Guidelines for the Scope of Nuclear Damages due to the Accident at Fukushima Daiichi and Daini Power Stations" which was decided at the Dispute Reconciliation Committee for Nuclear Damage Compensation on March 16, 2012 and the "Compensation criteria in accordance with the redefined evacuation zone" announced as a government policy on July 20, 2012, compensation for individuals, private business owners and business entities in the evacuation zone^*1 will be provided as follows.

Compensation for Individuals
1. Compensation for personal valuables
(1) Housing land and buildings (including outdoor facilities)
For those who owned housing land or buildings in the evacuation zone at the time of the accident, loss or depreciation of valuables will be compensated. Information on the compensation for land other than housing land will be provided separately.
* "Housing land" herein refers to the residential land category listed in the current fixed property tax appraisal.

Zone where residents cannot return for a long time
The valuables owned at the time of the accident will be fully compensated^*2. The calculation method can be selected from the below.

(a) Calculating the value of housing land and buildings based on the fixed property tax amount in 2010.

< Compensation amount calculation for housing land >
Fixed property tax amount x housing land coefficient (1.43)

< Compensation amount calculation for buildings >
Fixed property tax amount x building coefficient (Refer to "Attachment 1")

(b) Calculating the value of residential buildings based on the average unit price of new homes in accordance with the "Statistical Survey Results on Building Construction Starts" provided by the Ministry of Land, Infrastructure, Transport and Tourism

< Compensation amount calculation for buildings >
Unit price based on the average unit price of new homes in accordance with the statistical survey results on building construction starts x floor space (m²) (Refer to "Attachment 2")
* As for the housing land, the calculation method used in (a) is applied.

(c) When neither (a) nor (b) can be applied due to a variety of reasons, the compensation amount will be determined individually. In the case that an individual assessment is carried out, the compensation amount determined based on the assessment will be paid. The methods of calculating the compensation amount are being considered such as calculating based on the actual purchase price of the existing contracts of the housing land/buildings. Details are to be provided.

Zones with restricted entry and zones in preparation to have the evacuation order lifted
First, the value of properties at the time of the accident is calculated based on the method provided in 1-(1)-(a) above. Then the result is multiplied by the ratio of the ordered evacuation period^*3 determined according to the timing of the evacuation order to be lifted. In the case that the original timing to lift the restriction is extended, additional compensation will be paid according to the actual timing that the evacuation order was lifted.

(2) Compensation for household goods
For those who owned household goods in the buildings in the evacuation zone at the time of the accident, a fixed amount of compensation will be paid for the damages of household goods caused by the evacuation. The amount varies depending on the number of people in the family and the family structure. (Refer to "Attachment 3"). The compensation amount for the zone where residents cannot return for a long time is set higher compared to others, considering that different conditions are set for entry into the residence during the evacuation period and the use of household goods is significantly restricted in the zone. In the case where compensation amounts are not sufficient to cover the actual damages, an individual assessment of compensation can be selected.

2. Advanced payment of compensation for repairing the damages of buildings owned by individuals
For those who returned to the original residence after the evacuation order was lifted, part of the compensation for building damages will be paid in advance to allow for repairs.

-Buildings subject to the advanced payment
Registered buildings that existed in the evacuation zone at the time of the accident are subject to receive payment of compensation in advance. The buildings whose owner cannot be identified by the registered information are excluded (For example, in the event that the buildings are subject to seizure, provisional seizure, provisional registration relating to ownership or provisional disposition that prohibits the disposition of the buildings).

-Eligible individuals
Individuals and private business owners who owned the buildings at the time of the accident (or inherited the buildings after the accident) and the ownership of the buildings can be authenticated by verifying registration information.

-Compensation amount
The compensation amount is calculated by multiplying the floor space (m²) given in the registration information per the unit price (14,000 yen per 1m²). The maximum limit compensation amount is 10,000,000 yen per registered building. As the amount paid in advance is part of the entire compensation for building damages, the paid amount will be deducted from the compensation for valuables to be paid. In the case that the compensation amount paid in advance is not sufficient to cover the actual repair cost, the individuals will be contacted separately.

< Compensation amount calculation>
Floor space (m²) x unit price (14,000 yen per 1m²)

3. Adoption of an all-inclusive compensation application
The "all-inclusive compensation application" allows those afflicted by nuclear damage to receive a large amount of compensation up-front (all the compensation money to be paid during a certain period of time is included in a single payment) in order to achieve a swift restoration back to a normal lifestyle and establish a foundation for long term sustainability. The types of damages subject to the all-inclusive compensation application and the compensation amount are provided below. The regular application method is available for those who do not wish to select the all-inclusive compensation application.

In the event that the actual costs incurred exceed the compensation amount received within the all-inclusive compensation period, the actual costs shall be invoiced to us. Upon review, the difference between the actual costs and the compensation amount will be paid. Details such as payment method are to be announced.

Compensation for Private Business Owners and Business Entities
4. Compensation for valuables owned by private business owners (including agricultural, forestry and fishery workers)
(1) Housing land and buildings (including outdoor facilities)
For private business owners who owned housing land or buildings in the evacuation zone at the time of the accident, compensation calculated based on 1-(1) above will be paid.

(2) Compensation for depreciable assets
For private business owners who owned depreciable assets (refer to "Attachment 4") in the evacuation zone, losses or depreciation of valuables will be compensated. The depreciation cost for depreciable assets paid to cover the earning losses (compensation period: March 11, 2011 to May 31, 2012) will be deducted from the compensation for losses or depreciation of valuables. Details are to be announced.

a) Zone where residents cannot return for a long time
The valuables owned at the time of the accident will be fully compensated. The compensation amount is calculated by multiplying the book value of the valuables per the depreciable asset coefficient. As for the depreciable assets that are not included in the book, calculation methods are being considered such as calculating based on the actual purchase price of the items recorded in the contract document, etc. Details are to be provided.

< Compensation amount calculation >
Book value of the valuables x depreciable asset coefficient (Refer to "Attachment 5")

b) Zone with restricted entry and zone in preparation for having the evacuation order lifted
First, the value of assets at the time of the accident is calculated based on the method provided in 4-(2)-(a) above. Then the result is multiplied by the reduction rate of value according to the timing of evacuation order to be lifted (Refer to "Attachment 6"). In the case that the evacuation order is lifted later than the originally estimated timing, additional compensation will be paid according to when the evacuation order was actually lifted. Also, in the event that the compensation amount is not sufficient to cover the repair cost incurred due to the inability to manage the valuables during evacuation, a necessary and rational amount will be compensated.

(3) Compensation for inventory assets
For private business owners who owned inventory assets in the evacuation zone at the time of the accident (refer to "Attachment 4"), compensation will be paid for losses such as the sales price falling below the book value at the time of the accident (due to the impact of the accident) and the merchandise disposed due to the inability to sell or use. As for the inventory assets which cannot be brought out of the zone where residents cannot return for a long time, the book value of the assets at the time of the accident will be fully compensated.

5. Compensation for the valuables owned by small/medium-sized business entities^*4
(1) Compensation for housing land
For small/medium-sized business entities that owned housing land in the evacuation zone at the time of the accident, compensation will be paid based on the calculation method provided in 1-(1) above.

(2) Compensation for buildings and depreciable assets (Refer to "Attachment 4")
For small/medium-sized business entities that owned buildings and depreciable assets in the evacuation zone at the time of the accident, compensation will be paid based on the calculation method provided in 4-(2) above.

(3) Compensation for inventory assets
For small/medium-sized business entities that owned inventory assets in the evacuation zone at the time of the accident, compensation will be paid based on the calculation method provided in 4-(3) above.

6. Compensation for the valuables owned by business entities other than private business owners and small/medium-sized business entities (large business entities)
As for the compensation for losses or depreciation of valuables owned by business entities other than private business owners and small/medium-sized business entities (large business entities) in the evacuation area at the time of the accident, details are to be announced.

7. Adoption of an all-inclusive compensation application
The all-inclusive application for compensation (loss of earning) is available for private business owners and small/medium-sized business entities that operated their businesses in the evacuation zone. The lost income during the compensation period is calculated in consideration of "special effort" (as mentioned in the press release issued on June 29, 2012).

For the private business owners and small/medium-sized business entities who wish to restart business in the original location, additional compensation will be provided to cover the necessary cost. Compensation will also be adequately provided even after the compensation period ends in the case of damages due to harmful rumors, etc.

For those who do not wish to select the all-inclusive compensation application, a regular application is available.

The business entities other than private business owners and small/medium-sized business entities are not eligible for the all-inclusive compensation application.

Common for all categories
8. Compensation for damages inflicted by the earthquake and Tsunami
In those cases where buildings were damaged by the earthquake or Tsunami, a fixed rate of the damage inflicted by earthquake or Tsunami (determined according to the severity of damage) will be deducted from the compensation amount. Further details are to be announced.

9. Ownership of land and buildings
In the case of jointly owned land and buildings, each owner shall apply for compensation.
To be invoiced by each owner respectively, compensation will be paid based on each owner's share. As for the housing land on a land lease, the compensation amount will be calculated by multiplying by the ownership ratio set based on the land lease right ratio etc. announced by the National Tax Agency.

10. Dispatch and acceptance of application forms
- As for the advanced compensation payment for repair costs (mentioned in section 2 above), the application forms will be sent out starting from July 31, 2012 (the acceptance of application forms starts on the same day). The compensation amount calculated based on the real estate registration information (which we have acquired in advance) is printed on the application form. The compensation application for repair costs will be accepted only until the application of compensation for housing land and buildings starts. (Details are to be announced.)

- Information on the dispatch and acceptance of application forms for other types of compensation will be provided as soon as the preparation is completed. As we are in the process of considering efficient ways to obtain real estate registration information and the assessment value of fixed asset tax which is necessary to calculate the value of housing land and buildings, there is no need for the applicants to obtain the information.

- As for the all-inclusive compensation application targeted towards private business owners and small/medium sized business entities in businesses other than agriculture and forestry (mentioned in section 3 and 7 above) , the acceptance of application forms will start in September 2012.

*1 Evacuation zone
Zone defined as the "evacuation zone" in the "Second Supplement to the Interim Guidelines for the Scope of Nuclear Damages due to the Accident at Fukushima Daiichi and Daini Power Stations".

*2 After the housing land and buildings owned are fully compensated, transferring the ownership of the housing land and buildings to a third party will be restricted until the evacuation order is lifted (except in those cases where the housing land/buildings are provided to the public, etc.

*3 Evacuation order period ratio
Used to calculate the reduction in value according to the length of the evacuation period. The ratio is calculated with the number of months from the accident to the estimated timing of the evacuation order to be lifted set as the numerator (number of days less than a month is counted as one month) and 72 months set as the denominator. If the calculation result is greater than 1, the evacuation order period ratio is set to 1. In the case that the estimated timing of the evacuation order to be lifted was not determined beforehand, the ratio is set to 36/72 for the zone with restricted entry and 24/72 for the zone in preparation for having the evacuation order lifted. Details are to be provided.

*4 Small/medium-sized business entities
Business entities whose capital or investment is 100 million yen or less. The business entities related to other business entities or mutual companies whose capital or investment is 500 million yen or more. As for the all-inclusive compensation application (mentioned in section 7 above), public interest business entities whose base yearly income from business operations is 300 million yen or more are excluded.

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<Contact Info for Nuclear Accident Damage Claims>
Fukushima Nuclear Compensation Office (Call Center)
Telephone: 0120-926-404
Time: 9:00 AM to 9:00 PM
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Attachment 1: Building Coefficient(PDF 19.5KB)
Attachment 2: Calculation based on the average unit price of new home in accordance with the statistical survey result on building construction starts(PDF 17.4KB)
Attachment 3: Compensation for household goods(PDF 16.8KB)
Attachment 4: Examples of depreciable assets and inventory assets subject to compensation(PDF 11.3KB)
Attachment 5: Compensation amount calculation for depreciable assets(PDF 18.2KB)
Attachment 6: Reduction rate of depreciable asset value(PDF 52.3KB)

This English translation has been prepared with the intention of creating an accurate and complete reflection of the original Japanese version for the convenience of our English-speaking audience. However, if there are any discrepancies between the translation and the original, the latter shall prevail.