Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Tokyo  >  The Kansai Electric Power Company, Incorporated    9503   JP3228600007

THE KANSAI ELECTRIC POWER COMPANY, INCOR

(9503)
  Report  
SummaryChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsPress ReleasesOfficial PublicationsSector newsAnalyst Recommendations

Kansai Electric Power : Japan's Kansai Electric to hold news conference on reports of payments

share with twitter share with LinkedIn share with facebook
share via e-mail
0
09/26/2019 | 08:32pm EST

TOKYO (Reuters) - Kansai Electric Power Co Inc said on Friday it will hold a news conference at 11 a.m. (0200 GMT) to address a report that some executives received personal payments from a former official of a town that hosts one of the utility's nuclear power plants.

Kyodo news agency, citing an investigation by tax authorities, reported earlier that a company president, chairman and four other officials had received a total of 180 million yen ($1.7 million) over a period of seven years through 2017 from the late deputy mayor of Takahama in central Japan.

The deputy mayor had told tax authorities he provided the money to the officials as a token of appreciation for supporting the town, whose economy relies heavily on the plant, Kyodo reported.

A Kansai Electric spokesman said the Japanese company is looking into the report, and that President Shigeki Iwane will offer details at the news conference.

(Reporting by Chris Gallagher and Kiyoshi Takenaka; Editing by Muralikumar Anantharaman and Christopher Cushing)

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on THE KANSAI ELECTRIC POWER
10/28Tokyo Electric to give financial help to Japan Atomic Power
RE
10/28THE KANSAI ELECTRIC POWER COMPANY, I : Half-year results
CO
10/14TAISEI : Here We Come, Osaka. Centara Signs Historic Deal for First Japanese Pro..
AQ
10/11KANSAI ELECTRIC POWER INCORPORATED : promoted 3 execs despite letters over gift ..
AQ
10/10KANSAI ELECTRIC POWER INCORPORATED : Ex-deputy mayor gave gift coupons to Kansai..
AQ
10/09UPDATE3 : Kansai Electric chairman resigns to take responsibility for scandal
AQ
10/09KANSAI ELECTRIC POWER INCORPORATED : Japan utility head quits over gifts from to..
AQ
10/09KANSAI ELECTRIC POWER INCORPORATED : Calls mount for Kansai Electric's transpare..
AQ
10/09UPDATE2 : Kansai Electric president to resign following third-party report
AQ
10/09KANSAI ELECTRIC POWER INCORPORATED : top two executives to resign over graft sca..
RE
More news
Financials (JPY)
Sales 2020 3 234 B
EBIT 2020 218 B
Net income 2020 152 B
Debt 2020 3 905 B
Yield 2020 4,05%
P/E ratio 2020 7,26x
P/E ratio 2021 9,05x
EV / Sales2020 1,55x
EV / Sales2021 1,61x
Capitalization 1 104 B
Technical analysis trends THE KANSAI ELECTRIC POWER
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 8
Average target price 1 427,50  JPY
Last Close Price 1 235,50  JPY
Spread / Highest target 25,5%
Spread / Average Target 15,5%
Spread / Lowest Target 8,46%
EPS Revisions
Managers
NameTitle
Shigeki Iwane President & Representative Director
Makoto Yagi Chairman
Tomihiko Oishi Director, Head-Research & Development
Yasushi Sugimoto Director & Head-Accounting
Hideki Toyomatsu Representative Director & Executive Vice President
Sector and Competitors
1st jan.Capitalization (M$)
THE KANSAI ELECTRIC POWER COMPANY, INCORPORATED-25.12%10 163
NEXTERA ENERGY, INC.33.56%113 113
ENEL S.P.A.36.04%77 061
DOMINION ENERGY, INC.15.56%67 584
SOUTHERN COMPANY41.62%65 231
DUKE ENERGY CORPORATION2.64%64 578