Japanese firms examine power-saving plans
The Nippon Keidanren requested that its members come up with the gist of their plans in line with government targets, the source said, as the country grapples with a shortage of power production after last month's massive earthquake and tsunami shut down several big nuclear and thermal stations.
The government recently announced power reduction targets for Tokyo and northern Japan that will require big manufacturers and other large-scale users to cut a day's peak consumption in the summer by one-fourth.
The Nippon Keidanren's members include almost 1,300 major firms.
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The Toronto-based company - which operates most of Ontario's power grid - says its net earnings attributable to shareholders dropped to 26 cents per share from 34 cents per share when Hydro One had $200 million in net income.
Adjusted net income was also 26 cents per share, down from 33 cents per diluted share in the second quarter of 2018.
Revenue was $1.41 billion, down from…
