Tepco Expects Narrower Net Loss as Government Takes Control

Tepco Expects Narrower Net Loss as Government Takes Control

Tomohiro Ohsumi/Bloomberg

The Tokyo Electric Power Co. (Tepco) logo is displayed outside the company's headquarters at night in Tokyo. The utility known as Tepco forecast a 100 billion yen ($1.2billion) net loss for the year ending March 2013, according to a statement from the company.