State-backed fund agrees on new business rehabilitation plan for TEPCO

TOKYO, Japan - Akio Harada, chairman of the top decision-making committee of the Nuclear Damage Liability Facilitation Fund, speaks to reporters in Tokyo on Dec. 25, 2013, after the committee agreed in principle on a new business turnaround plan for Tokyo Electric Power Co. The state-backed fund is expected to submit the plan to the government on Dec. 27, with Economy, Trade and Industry Minister Toshimitsu Motegi likely to approve it in January.

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