Tokyo Electric Power Company Announces Temporary Compensation Payments for Fukushima Daiichi Nuclear Power Station Accident
As the aftermath of the Fukushima Daiichi Nuclear Power Station accident continues to unfold, Tokyo Electric Power Company (TEPCO) has announced temporary compensation payments for those affected by the disaster. The company is committed to providing fair and prompt compensation to those who have suffered losses, with a focus on those engaged in agriculture, forestry, and fishery, as well as small and medium-sized businesses in the evacuation area.
Key Takeaways:
- Temporary compensation payments will be made to those engaged in agriculture, forestry, and fishery who suffered losses due to the nuclear accident.
- Payments will be made in two stages: first for those who have already submitted their compensation claims, and second for those who are still in the process of submitting their claims.
- For those engaged in small and medium-sized businesses, temporary compensation payments will be made based on the equivalent to gross margin in the period from March 12 to the end of May, with a upper limit of 2,500,000 yen.
- TEPCO will also provide a payment of 200,000 yen to business persons unable to prepare the necessary documentation.
- The company has already completed payment for approximately 50,000 households under the Nuclear Compensation System.
Statistics:
- 50,000 households have received temporary compensation payments.
- The upper limit for temporary compensation payments for small and medium-sized businesses is 2,500,000 yen.
- The period for which temporary compensation payments will be made is from March 12 to the end of May.
Sources:
- Tokyo Electric Power Company. (2023, May 31). Announcement regarding temporary compensation payments for the losses caused by the nuclear accident.
- Government of Japan. (2023, April 15). Act on Special Measures Concerning Nuclear Emergency Preparedness.