Real estate companies seeking compensation from TEPCO

Representatives submitting the demand for compensation to the head of Tepco’s Ibaraki Office.

Approximately 2000 real estate agents from Ibaraki Prefecture are seeking compensation from Tepco for loss of revenue caused by the various news reports and rumors surrounding radiation levels from the Fukushima Daiichi Nuclear Power Plant in the neighboring prefecture.

On September 13th, the industry group submitted an official letter demanding restitution to Tepco’s Ibaraki Office, in what is believed to be Tepco’s first case where a real estate group has demanded compensation.

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