We deeply apologize for the anxiety and inconvenience caused to local
residents near the site and broader society due to the accident at
Fukushima Daiichi Nuclear Power Station caused by the Tohoku-Chihou-
Taiheiyou-Oki Earthquake that occurred on March 11 2011.
Today, we held a Board of Directors meeting where it was decided to
decommission Units 1 to 4 and abolish plans to build Units 7 and 8 at
Fukushima Daiichi Nuclear Power Station.
Fukushima Daiichi Nuclear Power Station was severely damaged due to the
Tohoku-Chihou-Taiheiyou-Oki Earthquake and the tsunami that followed
after. In particular, the melting of the fuel pellets inside Units 1 to
4 caused them significant damage. This was followed by a series of
explosions. Hence, the decision to decommission them was made.
Furthermore, in consideration of the societal impact, we believe that
it would be very difficult to gain acceptance from local residents with
regards to building additional Units 7 and 8 and therefore, decided to
abolish their construction plans.
In regard to procedures for filing applications to the government in
connection with the said determination to decommission and abolish, we
will continue to consult with the government and relevant authorities.
Moreover, the reactors of Units 5 and 6 of Fukushima Daiichi Nuclear
Power Station, together with the reactors of Fukushima Daini Nuclear
Power Station, have been successfully brought to a cold shutdown.
However, a detailed investigation is still pending. For the time being,
we will take appropriate measures in a timely manner to keep the reactors
in a cold shutdown.