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Business

Fukushima plant operator to remain under state control

Report to cite inadequate reforms at Tepco

TOKYO -- A Japanese government-backed fund has concluded the state should maintain ownership over Tokyo Electric Power Co. Holdings because of "insufficient" management reforms at the utility laid low by a nuclear disaster six years ago, The Nikkei learned Thursday.

The state will "continue its involvement in Tepco," with the issue to be considered again in 2019, according to an assessment due out as early as this month. 

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