Chubu Electric, Hitachi settle over power plant accident

NAGOYA, Japan - Shuichi Terada, head of Chubu Electric Power Co.'s legal department, announces at a press conference in Nagoya on Oct. 6, 2011, that the utility has reached a settlement with Hitachi Ltd. over a 2006 accident at its Hamaoka nuclear power plant in Shizuoka Prefecture involving a Hitachi-made turbine. Hitachi will pay 9 billion yen to Chubu Electric. (Photo by Kyodo News Stills via Getty Images)