TEPCO Suffers Record Loss as President Announces Resignation

After Tokyo Electric Power Co. reported a record net loss, its President Masataka Shimizu announced his resignation.
TEPCO Suffers Record Loss as President Announces Resignation
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<a><img src="https://www.theepochtimes.com/assets/uploads/2015/09/114455502.jpg" alt="Tokyo Electric Power Co. President Masataka Shimizu (front L) attends his press conference with his successor and current managing director Toshio Nishizawa (R) on the company's financial result at its headquarters in Tokyo on May 20. (Toshifumi Kitamura/AFP/Getty Images)" title="Tokyo Electric Power Co. President Masataka Shimizu (front L) attends his press conference with his successor and current managing director Toshio Nishizawa (R) on the company's financial result at its headquarters in Tokyo on May 20. (Toshifumi Kitamura/AFP/Getty Images)" width="275" class="size-medium wp-image-1803778"/></a>
Tokyo Electric Power Co. President Masataka Shimizu (front L) attends his press conference with his successor and current managing director Toshio Nishizawa (R) on the company's financial result at its headquarters in Tokyo on May 20. (Toshifumi Kitamura/AFP/Getty Images)
Helena Zhu
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