Thursday, March 17, 2011

Crisis Prompts Exodus of Executives From Tokyo

By DAVID JOLLY and KEN BELSON
March 17, 2011

TOKYO — The crisis at the nuclear power plant 140 miles north of here is leading to a steady but orderly departure of business executives from Tokyo. Foreigners in particular are among those leaving, as concerns grow about the possibility of a catastrophic release of radiation and governments urge their citizens to consider seeking safety elsewhere in Japan or overseas.

Much as in 2003, when the SARS virus slowed business around Asia, a peculiar psychology has taken hold in Tokyo, where businessmen with the wherewithal are weighing whether to decamp to cities south and west of Tokyo — or wait and see whether the nuclear emergency escalates further.

In addition to the distraction of relocating employees, the confusion in some cases is preventing companies from addressing urgent problems in shattered plants and facilities along the northeastern coast of the main island, Honshu, which was ravaged by the earthquake and tsunami last week. the rest

U.S. Says It’s Intensifying Radiation Checks of Japan Flights

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