Tokyo Riot Squad to Safeguard Tepco Meeting

[ensho]

http://www.bloomberg.com/news/2011-06-09/police-to-send-riot-squads-to-tepco-meeting.html


Japan’s National Police Agency will send 150 officers and riot squads to Tokyo Electric Power Co.’s annual general meeting this month to quell possible protests by shareholders and terror attacks, a police official said.

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Tokyo Electric’s stock has slumped 91 percent, erasing 3.2 trillion yen ($40 billion) in market value, since the March 11 earthquake and tsunami triggered the worst nuclear crisis in 25 years. The disaster at the Fukushima nuclear station displaced 50,000 households in the evacuation zone because of radiation leaks into the air, soil and sea.

“It’s going to be a stormy meeting,” said Tomoko Murakami, a nuclear researcher at the Institute of Energy Economics in Tokyo. “The meeting will likely continue for hours and hours as individual investors will have a lot to say.”

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According to documents sent to its shareholders today, Tepco said 402 shareholders will propose a motion to ask the company to decommission its existing nuclear plants and promise it won’t build new atomic stations. The company plans to disagree with the proposal, the documents said.
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jeez - "the company plans to disagree with the proposal"