Tokyo, April 13 (Jiji Press)–Tokyo Electric Power Company Holdings Inc. <9501> takes seriously a Japanese government decision to release treated radioactive water from its stricken Fukushima No. 1 nuclear power plant into the ocean, its president, Tomoaki Kobayakawa, said Tuesday.

“We will pay compensation appropriately” if the ocean release of the treated water causes reputational damage to fishery and other products,” Kobayakawa told reporters after the government made the decision at a meeting of related ministers earlier in the day.

“We will steadily and safely promote decommissioning work” at the plant, he said.

The plant suffered triple meltdowns due to the March 2011 earthquake and tsunami.

TEPCO will make efforts to win support for the planned discharge of the treated water through measures against unfounded rumors, Kobayakawa said, seeking understanding from fishery operators who strongly oppose the ocean release.

TEPCO is facing growing public trust also due to a series of security flaws at its Kashiwazaki-Kariwa nuclear power plant in Niigata Prefecture, central Japan.