Directors and auditors at the Japanese operator of the Fukushima nuclear plant have used the company's annual general meeting to resign.

In theory, the TEPCO directors and auditors are doing so to take responsibility for last year's disaster, but the ABC can confirm nearly half of those who have resigned will take up lucrative posts with other TEPCO group companies.

Some of the executives are also facing the biggest lawsuit in Japanese history - a $67 billion compensation claim from shareholders for what they describe as unforgivable negligence.

Outside the company's meeting on Wednesday, activists - most of them middle-aged women - handed out anti-nuclear leaflets to shareholders making their way in.

Among them was Yui Kimura, who bought TEPCO shares so she could attend and vote at meetings.

She is one of 42 shareholders suing 27 company directors for failing to heed repeated warnings about the threat of a giant tsunami.

She is fighting for TEPCO to pay compensation for those affected by the Fukushima nuclear meltdowns.

About 100,000 Fukushima residents still cannot return home.

"TEPCO executives who operate dangerous nuclear plants should take responsibility if there's an accident," Ms Kimura said.

"So we are demanding these TEPCO executives pay compensation."

TEPCO spokesman Yoshimi Hitosugi told the ABC he could not speak about the court case.

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Anti-nuclear activists and TEPCO shareholders say the company's directors should not be given a "golden parachute" when they resign.

"This is unforgivable," shareholder Yui Kimura said.

"They're acting as if there was no accident. They should not take these golden parachutes."

TEPCO shareholder Taro Shisido says he had to flee his home, just a few kilometres from the Fukushima nuclear plant, because of a nuclear meltdown.

"I feel TEPCO has deceived me," he said.

"I have been an evacuee for more than 15 months.

"The only things living in my house in Fukushima now are rats."