Corporate Information

Press Release (Jul 06,2010)
Establishment of a new office to prepare for the foundation of the "International Nuclear Energy Development of Japan(tentative name)" - Establishment by six Japanese companies preceding the new company foundation in autumn 2010 -
                                                                        July 6, 2010
                                                  The Tokyo Electric Power Co., Inc.
                                                      Chubu Electric Power Co., Inc.
                                                 The Kansai Electric Power Co., Inc.
                                                                 Toshiba Corporation
                                                                       Hitachi, Ltd.
                                                   Mitsubishi Heavy Industries, Ltd.

A consortium of six Japanese companies comprising The Tokyo Electric Power Co., Inc., 
Chubu Electric Power Co., Inc., Kansai Electric Power Co., Inc., Toshiba Corporation, 
Hitachi, Ltd., and Mitsubishi Heavy Industries, Ltd., has established a new office 
today to set the stage for the foundation of a new company which has been tentatively 
named "International Nuclear Energy Development of Japan". This new company will be 
engaged in the activities to establish proposals for nuclear power plants projects in 
the emerging countries.

A "planning committee" established by the designated Japanese entities having an 
interest in nuclear power (METI, electric power companies (Tokyo, Chubu and Kansai) 
and plant manufacturers (Toshiba, Hitachi and MHI) ) in June has been considering a 
public-private proposal that will aim to receive nuclear power plants project orders 
in Vietnam. The decision to set up the aforementioned office prior to the launch of 
the new corporate entity was made to ensure the swift execution of the promotion 

The official launch of "International Nuclear Energy Development of Japan" is 
scheduled for autumn of 2010 to be followed by the proposal of a comprehensive package 
that will allow the dissemination of Japanese technologies and know-how that have been 
cultivated over many years. In accordance with the needs and expectations of Vietnam 
and other emerging nations, these will include actual power plant construction, O&M 
and human resource development, all to be bolstered by legislative and financing 
support from the Japanese Government. 
Attached sheet: 
 "Organizational chart of the new office and the roles of the new company"(PDF 77.3KB) 
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