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Ex-TEPCO president Shimizu testifies

TOKYO, Japan - Former Tokyo Electric Power Co. President Masataka Shimizu testifies in public in a Diet building in Tokyo on June 8, 2012, before a parliament-appointed panel investigating the crisis at the Fukushima Daiichi nuclear power plant.

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TEPCO head visits Niigata

NIIGATA, Japan - Tokyo Electric Power Co. President Toshio Nishizawa (front L) and former TEPCO President Masataka Shimizu (2nd from front L) greet Kashiwazaki Mayor Hiroshi Aida (front R) in Kashiwazaki, Niigata Prefecture, on July 22, 2011. The utility executives met the mayor to report on the succession of the company presidency as the city hosts its Kashiwazaki-Kariwa nuclear power plant.

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TEPCO names managing director Nishizawa as next president

TOKYO, Japan - Toshio Nishizawa (R), a managing director of Tokyo Electric Power Co., looks at President Masataka Shimizu during the company's press conference at its head office in Tokyo on May 20, 2011. The utility said the same day it has named Nishizawa as its new president to replace Shimizu, who will step down to take responsibility for the disaster at its Fukushima Daiichi nuclear power plant.

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Kan at Diet session

TOKYO, Japan - Japanese Prime Minister Naoto Kan speaks at the House of Councillors Budget Committee in Tokyo on May 13, 2011. Tokyo Electric Power Co. President Masataka Shimizu (R) also attended the session.

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TEPCO asks gov't to help in paying nuclear disaster damages

TOKYO, Japan - Tokyo Electric Power Co. President Masataka Shimizu (L) hands a letter of request to industry minister Banri Kaieda (R) at the prime minister's office in Tokyo on May 10, 2011. TEPCO asked the government to help it pay the enormous costs expected in compensating victims of the nuclear disaster at the Fukushima Daiichi power plant while promising to streamline the company's operations to the utmost extent.

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TEPCO president visits evacuation shelter

NIHOMMATSU, Japan - Tokyo Electric Power Co. President Masataka Shimizu bows in apology in front of residents of Namie, Fukushima Prefecture, who were forced to evacuate following the nuclear crisis at the company's Fukushima Daiichi power plant, at a gymnasium serving as a shelter in Nihommatsu, Fukushima, on May 4, 2011.

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TEPCO chief visits Fukushima again to apologize

IWAKI, Japan - Tokyo Electric Power Co. President Masataka Shimizu (C) speaks to employees of the Fukushima town of Hirono at the town's disaster headquarters in the city of Iwaki in the prefecture on May 4, 2011. Shimizu apologized for the crisis at the company's Fukushima Daiichi nuclear power plant which has forced the town to transfer its headquarters.

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Kan, TEPCO head in Diet

TOKYO, Japan - Japanese Prime Minister Naoto Kan (front) speaks during a House of Councillors Budget Committee interpellation session in the Diet building in Tokyo on April 25, 2011. Tokyo Electric Power Co. President Masataka Shimizu is seated in the background to the right.

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TEPCO officials apologize to Fukushima evacuees

KORIYAMA, Japan - Masataka Shimizu (2nd from R), president of Tokyo Electric Power Co., and other company officials apologize on April 22, 2011, to residents of the village of Kawauchi and town of Tomioka in Fukushima Prefecture, who are staying in Big Palette Fukushima, a convention hall in Koriyama, after being forced to leave their homes near the company's crisis-stricken Fukushima Daiichi Nuclear Power Station. (Pool photo)

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TEPCO officials apologize to Fukushima evacuees

KORIYAMA, Japan - Masataka Shimizu (R), president of Tokyo Electric Power Co., apologizes on April 22, 2011, to residents of the village of Kawauchi and town of Tomioka in Fukushima Prefecture, who are staying in Big Palette Fukushima, a convention hall in Koriyama, after being forced to leave their homes near the company's crisis-stricken Fukushima Daiichi Nuclear Power Station. (Pool photo)

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TEPCO officials apologize to Fukushima evacuees

KORIYAMA, Japan - Masataka Shimizu (R front), president of Tokyo Electric Power Co., apologizes on April 22, 2011, to residents of the village of Kawauchi and town of Tomioka in Fukushima Prefecture, who are staying in Big Palette Fukushima, a convention hall in Koriyama, after being forced to leave their homes near the company's crisis-stricken Fukushima Daiichi Nuclear Power Station. (Pool photo)

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TEPCO officials apologize to Fukushima evacuees

KORIYAMA, Japan - Masataka Shimizu (R), president of Tokyo Electric Power Co., and other company officials apologize on April 22, 2011, to residents of the village of Kawauchi and town of Tomioka in Fukushima Prefecture, who are staying in Big Palette Fukushima, a convention hall in Koriyama, after being forced to leave their homes near the company's crisis-stricken Fukushima Daiichi Nuclear Power Station. (Pool photo)

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TEPCO officials apologize to Fukushima evacuees

KORIYAMA, Japan - Masataka Shimizu (L), president of Tokyo Electric Power Co., and other company officials apologize on April 22, 2011, to residents of the village of Kawauchi and town of Tomioka in Fukushima Prefecture, who are staying in Big Palette Fukushima, a convention hall in Koriyma, after being forced to leave their homes near the company's crisis-stricken Fukushima Daiichi Nuclear Power Station. (Pool photo)

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TEPCO officials apologize to Fukushima evacuees

KORIYAMA, Japan - Masataka Shimizu (L front), president of Tokyo Electric Power Co., and other company officials apologize on April 22, 2011, to residents of the village of Kawauchi and town of Tomioka in Fukushima Prefecture, who are staying in Big Palette Fukushima, a convention hall in Koriyma, after being forced to leave their homes near the company's crisis-stricken Fukushima Daiichi Nuclear Power Station. (Pool photo)

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TEPCO officials apologize to Fukushima evacuees

KORIYAMA, Japan - Masataka Shimizu (2nd from front), president of Tokyo Electric Power Co., and other company officials apologize on April 22, 2011, to residents of the village of Kawauchi and town of Tomioka in Fukushima Prefecture, who are staying in Big Palette Fukushima, a convention hall in Koriyma, after being forced to leave their homes near the company's crisis-stricken Fukushima Daiichi Nuclear Power Station.(Pool photo)

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TEPCO head apologizes to Fukushima governor

FUKUSHIMA, Japan - Masataka Shimizu (C), president of Tokyo Electric Power Co., apologizes to Fukushima Gov. Yuhei Sato (R) at the Fukushima prefectural hall in Fukushima City on April 22, 2011, for the nuclear crisis at the Fukushima Daiichi Nuclear Power Station. The governor had previously refused to meet the TEPCO head.

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TEPCO president at budget committee session

TOKYO, Japan - Tokyo Electric Power Co. President Masataka Shimizu raises his hand to speak at a session of the House of Councillors Budget Committee in Tokyo on April 18, 2011. Shimizu apologized during the session for the crisis at the utility's Fukushima Daiichi nuclear power plant triggered by the March 11 earthquake and tsunami.

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Kansai Electric chief Yagi

TOKYO, Japan - Kansai Electric Power Co. President Makoto Yagi speaks during a press conference in Tokyo on April 15, 2011. Yagi was elected the same day as new chairman of the Federation of Electric Power Companies of Japan, succeeding Tokyo Electric Power Co. President Masataka Shimizu, who resigned from the federation post to devote himself to solve the crisis at TEPCO's Fukushima Daiichi nuclear plant crippled by the March 11 earthquake-tsunami disaster.

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TEPCO to pay 1 mil. yen per household in provisional damages

TOKYO, Japan - Tokyo Electric Power Co. President Masataka Shimizu speaks about damages payments to households at a press conference in Tokyo on April 15, 2011. TEPCO, which operates the Fukushima Daiichi nuclear power plant, is expected to pay 1 million yen to each household within 30 kilometers of the stricken plant.

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Farmers urge TEPCO to compensate after nuke crisis

TOKYO, Japan - Mamoru Moteki (R), chairman of the Central Union of Agricultural Co-operatives, meets with Tokyo Electric Power Co. President Masataka Shimizu (L, front) in Tokyo on April 14, 2011, to protest the utility's handling of the crippled Fukushima nuclear power plant. The major Japanese agricultural cooperative federation urged the company to compensate affected farmers, saying the radioactive substances from the reactor are threatening the whole agricultural business in northeastern and eastern Japan.

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TEPCO president at press conference

TOKYO, Japan - Tokyo Electric Power Co. President Masataka Shimizu (R) speaks during a press conference at the utility's head office in Tokyo on April 13, 2011. Shimizu said TEPCO, the operator of the troubled Fukushima Daiichi nuclear power plant, is considering paying provisional compensation to residents with homes near the plant who have been evacuated over the nuclear crisis which is graded as the most serious level of crisis on an internationally recognized scale.

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TEPCO president at press conference

TOKYO, Japan - Executives of Tokyo Electric Power Co. -- (from R) Executive Vice President Sakae Muto, President Masataka Shimizu and Executive Vice President Takashi Fujimoto -- bow in apology during a press conference at the utility's head office in Tokyo on April 13, 2011. Shimizu said TEPCO, the operator of the troubled Fukushima Daiichi nuclear power plant, is considering paying provisional compensation to residents with homes near the plant who have been evacuated over the nuclear crisis which is graded as the most serious level of crisis on an internationally recognized scale.

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TEPCO president in Fukushima

FUKUSHIMA, Japan - Tokyo Electric Power Co. President Masataka Shimizu (front) offers a silent prayer at the Fukushima prefectural hall in the city of Fukushima at 2:46 p.m. on April 11, 2011, the moment the historic earthquake struck Japan a month ago.

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Fukushima Gov. Sato rejects meeting with TEPCO president

FUKUSHIMA, Japan - Tokyo Electric Power Co. President Masataka Shimizu (L) hands his name card to a Fukushima prefectural government official at the office of Fukushima Gov. Yuhei Sato at the prefectural government hall in Fukushima City on April 11, 2011. He intended to apologize for the nuclear disaster at the Fukushima Daiichi power plant, but the governor was not in his office and declined to meet the utility head.

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Fukushima Gov. Sato rejects meeting with TEPCO president

FUKUSHIMA, Japan - Tokyo Electric Power Co. President Masataka Shimizu arrives at the office of Fukushima Gov. Yuhei Sato at the prefectural government hall in Fukushima City on April 11, 2011. He intended to apologize for the nuclear disaster at the Fukushima Daiichi power plant, but the governor was not in his office and declined to meet the utility head.

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2 biggest power firms see record losses on crude oil surge

TOKYO, Japan - Tokyo Electric Power Co. President Masataka Shimizu speaks at a news conference in Tokyo on July 28 as the company and Kansai Electric Power Co. -- Japan's two biggest power utilities -- anticipate record net losses for fiscal 2008 on a consolidated basis due to the recent surge in crude oil costs. Tokyo Electric said electricity charges for a standard household are likely to rise by 800 yen per month to around 7,600 yen from next January.

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Shimizu to become next TEPCO president

TOKYO, Japan - Tokyo Electric Power Co. Vice President Masataka Shimizu (R), who is set to become the company's next president, shakes hands with current President Tsunehisa Katsumata in Tokyo on Jan. 22.

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Shimizu to become next TEPCO president

TOKYO, Japan - Tokyo Electric Power Co. Vice President Masataka Shimizu (R), who is set to become the company's next president, shakes hands with current President Tsunehisa Katsumata in Tokyo on Jan. 22. (Kyodo)

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Ohashi, Iwasa, Shimizu to become Keidanren vice chairmen

TOKYO, Japan - The Japan Business Federation, also known as Nippon Keidanren, plans to appoint Yoji Ohashi (L), chairman of All Nippon Airways Co., Hiromichi Iwasa (C), president of Mitsui Fudosan Co., and Masataka Shimizu (R), who is set to become president of Tokyo Electric Co., as its vice chairmen, sources familiar with the matter said on Jan. 22. The appointments will be formalized at a general meeting on May 28, they said. (Kyodo)

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2 biggest power firms see record losses on crude oil surge

TOKYO, Japan - Tokyo Electric Power Co. President Masataka Shimizu speaks at a news conference in Tokyo on July 28 as the company and Kansai Electric Power Co. -- Japan's two biggest power utilities -- anticipate record net losses for fiscal 2008 on a consolidated basis due to the recent surge in crude oil costs. Tokyo Electric said electricity charges for a standard household are likely to rise by 800 yen per month to around 7,600 yen from next January. (Kyodo)

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TEPCO head banned use of "meltdown" in describing Fukushima crisis

Naomi Hirose (3rd from R), president of Tokyo Electric Power Co., speaks to reporters in Tokyo on June 16, 2016, after a report revealed earlier in the day that then-TEPCO President Masataka Shimizu instructed staff not to use the term "core meltdown" in describing the situation at the Fukushima Daiichi nuclear complex in the early days of the 2011 crisis. Hirose said in a statement, "We accept the content fully and solemnly." (Kyodo) ==Kyodo

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TEPCO head banned use of "meltdown" in describing Fukushima crisis

Naomi Hirose, president of Tokyo Electric Power Co., speaks to reporters in Tokyo on June 16, 2016, after a report revealed earlier in the day that then-TEPCO President Masataka Shimizu instructed staff not to use the term "core meltdown" in describing the situation at the Fukushima Daiichi nuclear complex in the early days of the 2011 crisis. Hirose said in a statement, "We accept the content fully and solemnly." (Kyodo) ==Kyodo

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TEPCO head visits Niigata

NIIGATA, Japan - Tokyo Electric Power Co. President Toshio Nishizawa (front L) and former TEPCO President Masataka Shimizu (2nd from front L) greet Kashiwazaki Mayor Hiroshi Aida (front R) in Kashiwazaki, Niigata Prefecture, on July 22, 2011. The utility executives met the mayor to report on the succession of the company presidency as the city hosts its Kashiwazaki-Kariwa nuclear power plant. (Kyodo)

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TEPCO president visits evacuation shelter

NIHOMMATSU, Japan - Tokyo Electric Power Co. President Masataka Shimizu bows in apology in front of residents of Namie, Fukushima Prefecture, who were forced to evacuate following the nuclear crisis at the company's Fukushima Daiichi power plant, at a gymnasium serving as a shelter in Nihommatsu, Fukushima, on May 4, 2011. (Kyodo)

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TEPCO chief visits Fukushima again to apologize

IWAKI, Japan - Tokyo Electric Power Co. President Masataka Shimizu (C) speaks to employees of the Fukushima town of Hirono at the town's disaster headquarters in the city of Iwaki in the prefecture on May 4, 2011. Shimizu apologized for the crisis at the company's Fukushima Daiichi nuclear power plant which has forced the town to transfer its headquarters. (Kyodo)

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TEPCO names managing director Nishizawa as next president

TOKYO, Japan - Toshio Nishizawa (R), a managing director of Tokyo Electric Power Co., looks at President Masataka Shimizu during the company's press conference at its head office in Tokyo on May 20, 2011. The utility said the same day it has named Nishizawa as its new president to replace Shimizu, who will step down to take responsibility for the disaster at its Fukushima Daiichi nuclear power plant. (Kyodo)

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Kan at Diet session

TOKYO, Japan - Japanese Prime Minister Naoto Kan speaks at the House of Councillors Budget Committee in Tokyo on May 13, 2011. Tokyo Electric Power Co. President Masataka Shimizu (R) also attended the session. (Kyodo)

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TEPCO asks gov't to help in paying nuclear disaster damages

TOKYO, Japan - Tokyo Electric Power Co. President Masataka Shimizu (L) hands a letter of request to industry minister Banri Kaieda (R) at the prime minister's office in Tokyo on May 10, 2011. TEPCO asked the government to help it pay the enormous costs expected in compensating victims of the nuclear disaster at the Fukushima Daiichi power plant while promising to streamline the company's operations to the utmost extent. (Kyodo)

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Kan, TEPCO head in Diet

TOKYO, Japan - Japanese Prime Minister Naoto Kan (front) speaks during a House of Councillors Budget Committee interpellation session in the Diet building in Tokyo on April 25, 2011. Tokyo Electric Power Co. President Masataka Shimizu is seated in the background to the right. (Kyodo)

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TEPCO officials apologize to Fukushima evacuees

KORIYAMA, Japan - Masataka Shimizu (R), president of Tokyo Electric Power Co., and other company officials apologize on April 22, 2011, to residents of the village of Kawauchi and town of Tomioka in Fukushima Prefecture, who are staying in Big Palette Fukushima, a convention hall in Koriyama, after being forced to leave their homes near the company's crisis-stricken Fukushima Daiichi Nuclear Power Station. (Pool photo)(Kyodo)

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TEPCO officials apologize to Fukushima evacuees

KORIYAMA, Japan - Masataka Shimizu (R front), president of Tokyo Electric Power Co., apologizes on April 22, 2011, to residents of the village of Kawauchi and town of Tomioka in Fukushima Prefecture, who are staying in Big Palette Fukushima, a convention hall in Koriyama, after being forced to leave their homes near the company's crisis-stricken Fukushima Daiichi Nuclear Power Station. (Pool photo)(Kyodo)

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TEPCO officials apologize to Fukushima evacuees

KORIYAMA, Japan - Masataka Shimizu (2nd from R), president of Tokyo Electric Power Co., and other company officials apologize on April 22, 2011, to residents of the village of Kawauchi and town of Tomioka in Fukushima Prefecture, who are staying in Big Palette Fukushima, a convention hall in Koriyama, after being forced to leave their homes near the company's crisis-stricken Fukushima Daiichi Nuclear Power Station. (Pool photo)(Kyodo)

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TEPCO officials apologize to Fukushima evacuees

KORIYAMA, Japan - Masataka Shimizu (R), president of Tokyo Electric Power Co., apologizes on April 22, 2011, to residents of the village of Kawauchi and town of Tomioka in Fukushima Prefecture, who are staying in Big Palette Fukushima, a convention hall in Koriyama, after being forced to leave their homes near the company's crisis-stricken Fukushima Daiichi Nuclear Power Station. (Pool photo)(Kyodo)

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TEPCO officials apologize to Fukushima evacuees

KORIYAMA, Japan - Masataka Shimizu (L front), president of Tokyo Electric Power Co., and other company officials apologize on April 22, 2011, to residents of the village of Kawauchi and town of Tomioka in Fukushima Prefecture, who are staying in Big Palette Fukushima, a convention hall in Koriyma, after being forced to leave their homes near the company's crisis-stricken Fukushima Daiichi Nuclear Power Station. (Pool photo)(Kyodo)

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TEPCO officials apologize to Fukushima evacuees

KORIYAMA, Japan - Masataka Shimizu (2nd from front), president of Tokyo Electric Power Co., and other company officials apologize on April 22, 2011, to residents of the village of Kawauchi and town of Tomioka in Fukushima Prefecture, who are staying in Big Palette Fukushima, a convention hall in Koriyma, after being forced to leave their homes near the company's crisis-stricken Fukushima Daiichi Nuclear Power Station.(Pool photo)(Kyodo)

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TEPCO officials apologize to Fukushima evacuees

KORIYAMA, Japan - Masataka Shimizu (L), president of Tokyo Electric Power Co., and other company officials apologize on April 22, 2011, to residents of the village of Kawauchi and town of Tomioka in Fukushima Prefecture, who are staying in Big Palette Fukushima, a convention hall in Koriyma, after being forced to leave their homes near the company's crisis-stricken Fukushima Daiichi Nuclear Power Station. (Pool photo)(Kyodo)

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TEPCO head apologizes to Fukushima governor

FUKUSHIMA, Japan - Masataka Shimizu (C), president of Tokyo Electric Power Co., apologizes to Fukushima Gov. Yuhei Sato (R) at the Fukushima prefectural hall in Fukushima City on April 22, 2011, for the nuclear crisis at the Fukushima Daiichi Nuclear Power Station. The governor had previously refused to meet the TEPCO head. (Kyodo)

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TEPCO president at budget committee session

TOKYO, Japan - Tokyo Electric Power Co. President Masataka Shimizu raises his hand to speak at a session of the House of Councillors Budget Committee in Tokyo on April 18, 2011. Shimizu apologized during the session for the crisis at the utility's Fukushima Daiichi nuclear power plant triggered by the March 11 earthquake and tsunami. (Kyodo)

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Kansai Electric chief Yagi

TOKYO, Japan - Kansai Electric Power Co. President Makoto Yagi speaks during a press conference in Tokyo on April 15, 2011. Yagi was elected the same day as new chairman of the Federation of Electric Power Companies of Japan, succeeding Tokyo Electric Power Co. President Masataka Shimizu, who resigned from the federation post to devote himself to solve the crisis at TEPCO's Fukushima Daiichi nuclear plant crippled by the March 11 earthquake-tsunami disaster. (Kyodo)

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TEPCO to pay 1 mil. yen per household in provisional damages

TOKYO, Japan - Tokyo Electric Power Co. President Masataka Shimizu speaks about damages payments to households at a press conference in Tokyo on April 15, 2011. TEPCO, which operates the Fukushima Daiichi nuclear power plant, is expected to pay 1 million yen to each household within 30 kilometers of the stricken plant. (Kyodo)