TOKYO, June 28 (UPI) -- Angry shareholder say Japan's Tokyo Electric Power Co. should abandon nuclear energy in the wake of the Fukushima Daiichi nuclear crisis.
A motion for company to give up on nuclear was put forward at the company's first annual shareholders meeting since the March 11 earthquake and tsunami caused a meltdown at three of the power generating plant's six reactors, but was defeated, the BBC reported Tuesday.
Tepco shares have fallen 85 percent since the tsunami damaged the Fukushima plant, and the company could face paying compensation of almost $100 billion following radiation leaks from the damaged reactors as 80,000 residents living close to the plant have been forced to abandon their properties.
"Japan has a lot of earthquakes and after this accident I just don't think there is such a thing as safe nuclear power here," one shareholder, Takako Kameoka, said.
Thousands of those present at the shareholders meeting supported the motion to abandon nuclear power, but the institutional shareholders that own most of the stock were not convinced and the motion was defeated, the BBC reported.
