Japan Takes Control of Tepco in 10-Year Plan to Revive Profit

Japan Takes Control of Tepco in 10-Year Plan to Revive Profit

Tomohiro Ohsumi/Bloomberg

The Tokyo Electric Power Co. (Tepco) headquarters, center, stands at night in Tokyo. The government will obtain more than 50 percent of the voting rights in the utility known as Tepco under a 10-year plan approved yesterday by Trade and Industry Minister Yukio Edano.