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Downfall of Tepco May Hurt Nuclear Sales at Toshiba, Hitachi

Toshiba Corp. and Hitachi Corp. may struggle to find buyers for their nuclear reactors after the worst atomic disaster since Chernobyl damaged Japan’s reputation for safety, analysts and investors said.

While operator Tokyo Electric Power Co. is responsible for the Fukushima Dai-Ichi plant accident, the reactor makers will find it harder to win contracts since they typically bid with the utility, said Yuuki Sakurai, president at Fukoku Capital Management Inc. in Tokyo, whose $8.6 billion under management includes shares of Toshiba and Hitachi.