Tag Archives: Wall Street

Is BlackRock The Largest Shareholder Of TEPCO?!

Is the United States staying quiet about the release of Fukushima nuclear waste water because BlackRock is the largest shareholder of TEPCO?!

Take a look at the viral claim, and find out what the facts really are!

 

Claim : BlackRock Is The Largest TEPCO Shareholder!

This message is being actively promoted by the Chinese 50 Cent Army (wumao, 五毛) and pro-CCP netizens on WhatsApp and social media:

Who is behind the discharge of Fukushima NUCLEAR CONTAMINATED water?

In the war of aggression against China in the year 1900, it was not the Japanese government that first initiated the conflict with China, but a certain company. To put it bluntly, it was a Japanese company now renamed as ‘Tepco‘.

Many people may not know about Tepco, which is responsible for the discharge of nuclear sewage in Japan. Tepco is actually an “American company” like South Korea’s Samsung.

The largest shareholder of Tepco is BlackRock of Wall Street, and the second largest shareholder is also The pioneer of Wall Street, and Japan’s own Nomura Asset Management is only the third largest shareholder…

So can you understand why the Americans are silent in this incident? Because the affairs of Japan are the affairs of the United States. The decisions of the Japanese government and Japanese companies are the decisions of the United States.

The United States launches any form of “war” against China, whether it is a trade war, a technological war, a biological war or an environmental war… Japan They are all loyal lackeys and pawns.

The whole world is already at war.

US is using Japan in a proxy war by getting Japan to dump nuclear wastes near China and then ban all Jap seafood to make US absolutely safe from radiation.

Recommended : Did Fukushima Just Release Black Radioactive Water?!

 

Truth : BlackRock Is Not Even Top 10 TEPCO Shareholder!

This is yet another example of FAKE NEWS created or promoted by the Chinese 50 Cent Army (wumao, 五毛) and pro-CCP netizens, and here are the reasons why…

Fact #1 : No Japanese Company Attacked China In 1900

In the first paragraph, the viral message claimed that an unnamed Japanese company attacked China in a “war of aggression in the year 1900”. That appears to be utter nonsense.

The Qing dynasty and the Empire of Japan fought the First Sino-Japanese War from 1894 to 1895. It was only 42 years later that the Empire of Japan would attack the Republic of China.

However, there is no evidence that any Japanese company ever attacked China in the year 1900.

Fact #2 : TEPCO Was Never Renamed

The viral message also claimed that TEPCO was renamed from that unnamed Japanese company which attacked China in the year 1900.

TEPCO – the Tokyo Electric Power Company, was only established in 1951 when the Allied occupation forces privatised Japan’s electricity sector.

Since its establishment on May 1, 1951, the Tokyo Electric Power Company (TEPCO) has never been renamed. So the claim in the viral message that TEPCO was renamed is false.

Recommended : The Highly Radioactive Japanese Food Video Explained!

Fact #3 : Japanese Government Is Largest TEPCO Shareholder

The viral message also claimed that BlackRock is the largest shareholder of TEPCO. That’s not true.

The Japanese government is the largest and majority shareholder of TEPCO, with almost 55% ownership through the Nuclear Damage Compensation and Decommissioning Facilitation Corporation.

BlackRock isn’t even in the list of top 10 TEPCO shareholders (as of end of FY2021)! Take a look:

Top 10 TEPCO Shareholders Equity Share
(%)
Nuclear Damage Compensation and
Decommissioning Facilitation Corporation
54.74
The Master Trust Bank of Japan, Ltd. 6.28
Custody Bank of Japan, Ltd. 1.77
TEPCO Group Employees’
Stock Sharing Organization
1.50
Tokyo Metropolitan Government 1.20
Sumitomo Mitsui Banking Corporation 1.01
STATE STREET BANK WEST CLIENT
– TREATY 505234
0.75
Nippon Life Insurance Company 0.74
JP MORGAN CHASE BANK 385781 0.56
JP JPMSE LUX RE BARCLAYS
CAPITAL SEC LTD EQ CO
0.55
TOTAL 69.12

Fact #4 : Second Largest Shareholder Is Not Pioneer Of Wall Street

The viral message claimed that the second largest shareholder of TEPCO stock is “The pioneer of Wall Street” but does not mention which American company it was referring to.

In any case, the second largest shareholder is The Master Trust Bank of Japan – a Japanese trust bank. Certainly not an American company.

Fact #5 : Fukushima Is Releasing Waste Water Off Japanese Coast

The viral message also claimed that Japan is dumping its nuclear wastes near China. That’s false.

TEPCO is actually releasing the treated waste water from its Fukushima Daiichi nuclear power station about 1 km off the coast of Japan.

Fukushima is also located on the east coast of Japan. Not is the waste water being released on the far side of Japan, it is being released AWAY from China.

Recommended : Fukushima Waste Water Release : Should You Worry?!

Fact #6 : US Did Not Ban Japanese Seafood

The viral message also claimed that the United States banned Japanese seafood. That is also false.

In fact, the US FDA deactivated its Import Alert #99-33, which banned certain Japanese food products, in September 2021.

The US FDA has not reactivated that import ban. Neither has it ordered a new ban. That’s because it tested 51 samples for radionuclide contamination, and found no detectable levels of radioactive caesium.

Fact #7 : This Is Just Fake News About Fukushima

There is no doubt that Japan is facing a LOT of criticism over its release of the Fukushima waste water, even though IAEA and many experts have endorsed the plan.

However, this is just another example of FAKE NEWS being created around the Fukushima nuclear plant disaster. Here are other examples I fact checked earlier:

Please help us FIGHT FAKE NEWS by sharing this fact check article out, and please SUPPORT our work!

 

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Dr. Adrian Wong has been writing about tech and science since 1997, even publishing a book with Prentice Hall called Breaking Through The BIOS Barrier (ISBN 978-0131455368) while in medical school.

He continues to devote countless hours every day writing about tech, medicine and science, in his pursuit of facts in a post-truth world.

 

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