Japan ’s atomic regulator today approved a safety report for two reactors owned by Kyushu Electric Power Co., another step toward restarting plants shut after the Fukushima nuclear disaster more than three years ago. The report was approved by the regulator’s commissioners at a meeting in Tokyo today. The reactors must still clear two more steps in the stricter safety approval process set up by the Nuclear Regulation Authority after the meltdown of three reactors at the Fukushima plant north of Tokyo in 2011. The two units are unlikely to restart before the first quarter of 2015, Hidetoshi Shioda, a Tokyo-based analyst at SMBC Nikko Securities Inc., said last month in a report. With all Japan’s 48 operational nuclear plants shut for safety reviews, the country will have functioned without nuclear power for one year on Sept. 15. Kyushu Electric is among 10 utilities that have applied for safety […]