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Japan Utility Posts Loss of $15 Billion

Wall Street Journal Original article ›

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Tepco will take a loss of 1.247 trillion yen or $15.28 billion for the fiscal year ending in March 2011. President Shimizu of Tepco resigned. He will be replaced by Toshio Nishizawa, a joint managing director who worked for 36 years at Tepco.

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Japan Utility Posts Loss of $15 Billion

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Japan Utility Posts Loss of $15 Billion

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