TEPCO meets its promises

Tokyo Electric Power Company (TEPCO), the company who owns and operates the nuclear plant in Fukushima Daiichi, is a sound and well managed company. 
http://www.tepco.co.jp/en/index-e.html

In fiscal year ending on 31/03/2010 booked profits of $1,6 bilion.
Message of the president to shareholders and investors in July 2010:

After suffering an earthquake in 2007 that obliged to shut the nuclear plant of Kashiwazaki-Kariwa, the main objectives mentioned above are:

1) restoration of all units in Kashiwazaki-Kariwa. Done!

2) low carbon society:

Done! We have not heard any news of CO2 releases so far.

3) wrap up our crisis management efforts:

Done! After the earthquake of March 2011, Kashiwazaki Kariwa conducts normal operations, and it was not the earthquake that caused the failure of Fukushima Daiichi

4) Cost reduction:

They achieved very good financial results due to cost containment.

and their management commitment is very, very clear:

Furthermore, the TEPCO Group established a new medium to long-term management policy called "2020 Vision: Medium to Long-term Growth Declaration" in September 2010:

This vision included 7 Value-up plans, among them:

Risk management is not forgotten at TEPCO:

The President is the Chief Risk Officer, and everybody will agree that they have avoided any influenza virus.

They also have a disaster policy:

and as everybody has learned, nuclear plants are protected:

What nobody could have anticipated is radioactive leaks:

 

 it is extremely unlikely!

For this reason, I think that managers of the company well deserve their payroll. After cutting their salaries for the crisis, the 21 directors only earned and average of $415.000 per year; of course this is an average, the 8 members of the board (all of them men of course, we are talking about nuclear physics!) earned more.

And the company has the compromise to ensure transparency:

and they learn by the minute:

Only 26 minutes to report a fire!

Finally, we have to be faithful. As the President says:

In my ignorance, I would only dare to ask what would happen with the 3.356 fuel assemblies of the core of the 6 units and the 10.000 fuel assemblies of the spent fuel storage ponds.