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Tepco appoints ex-business lobby chief Kobayashi as new chairman Sorry, but your browser needs Javascript to use this site. If you re not sure how to activate it, please refer to this site: https://www.enable-javascript.com/
Yoshimitsu Kobayashi headed the Japan Association of Corporate Executives for four years through 2019. | KYODO
Kyodo Apr 28, 2021
Tokyo Electric Power Company Holdings Inc. (Tepco) said Wednesday it has appointed Yoshimitsu Kobayashi, former head of a major business lobby, as its new chairman, in a bid to reconstruct the struggling utility tasked with the decommissioning of the crippled Fukushima No. 1 nuclear plant.
Kobayashi, 74, headed the Japan Association of Corporate Executives for four years through 2019 and now serves as chairman of Mitsubishi Chemical Holdings Corp. He will assume the post after a general shareholders’ meeting scheduled in late June.
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TEPCO mulls tapping ex-business lobby chief Kobayashi as chairman 共同通信社 © 共同通信社 Tokyo Electric Power Company Holdings Inc. is considering tapping Yoshimitsu Kobayashi, who headed a major business lobby, for the post of chairman at the utility tasked with decommissioning the damaged Fukushima nuclear plant, sources familiar with the matter said Thursday. TEPCO is making final arrangements with the Japanese government to name Kobayashi, former head of the Japan Association of Corporate Executives and now chairman of Mitsubishi Chemical Holdings Corp., to the post, according to the sources. As a major shareholder, the government has a say in TEPCO s operation. If appointed, Kobayashi will face the task of turning around a company that has suffered setbacks in its nuclear power business following an effective ban by Japan s nuclear watchdog on restarting its largest, the Kashiwazaki-Kariwa plant in Niigata Prefecture, due to safe
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