Tsuruha settles with TEPCO

October 21, 2016

Tsuruha settles damages suit with Tepco over Fukushima disaster

http://www.japantimes.co.jp/news/2016/10/21/national/crime-legal/tsuruha-settles-damages-suit-tepco-fukushima-disaster/#.WAolPsldeos

JIJI

SAPPORO – Sapporo-based drug store chain Tsuruha Co. on Friday agreed with Tokyo Electric Power Company Holdings Inc. to settle a damages suit related to the 2011 nuclear accident at the utility’s Fukushima No. 1 plant.

In the suit, Tsuruha, a unit of Tsuruha Holdings Inc., sought damages totaling ¥1.25 billion, claiming that the nuclear accident forced the company was forced to scrap five drug store outlets within 20 km of the crippled plant after initialy halting their operations until February 2012.

Under the settlement, reached at Sapporo High Court, Tepco agreed to pay ¥280 million to Tsuruha, according to a lawyer on the Tsuruha side.

In March this year, Sapporo District Court ordered Tepco to pay some ¥200 million to Tsuruha. Both sides appealed against the ruling.