Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Tokyo  >  Tokyo Electric Power Company Holding Inc    9501   JP3585800000

TOKYO ELECTRIC POWER COMPANY HOLDING INC

(9501)
  Report  
SummaryChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsOfficial PublicationsSector newsAnalyst Recommendations
The feature you requested does not exist. However, we suggest the following feature:

Tokyo Electric Power : TEPCO to decommission Fukushima Daini nuclear plant

share with twitter share with LinkedIn share with facebook
share via e-mail
0
07/19/2019 | 11:03am EDT

Tokyo Electric Power Company Holdings Inc. will formally decide to decommission the Fukushima Daini nuclear plant after informing the prefecture's governor of its policy as early as this month, a company source said Friday.

Excluding the nearby Daiichi, crippled by the March 2011 earthquake and tsunami disaster, it is the first time that the utility, also known as TEPCO, has decided to decommission a nuclear plant.

The decommissioning of all four nuclear reactors at Daini will likely require more than 40 years and some 280 billion yen ($2.6 billion) in costs, the source said. If realized, all 10 nuclear reactors in Fukushima Prefecture will be scrapped.

Closure of the Daiichi plant, which suffered core meltdowns at three of its six reactors, has already been decided.

After telling Fukushima Gov. Masao Uchibori about the policy, it may be formally approved at a TEPCO board meeting, scheduled at the end of this month, the source said.

The Daini complex was also hit by tsunami waves in the 2011 disaster and temporarily lost reactor cooling functions. But unlike the Daiichi plant, it escaped meltdowns.

Since the disaster, the decommissioning in Japan of 21 nuclear reactors, including those at Daini, has been decided.

For the Tokyo-headquartered power company, the Kashiwazaki-Kariwa plant in Niigata Prefecture will be its only nuclear complex.

In June last year, TEPCO President Tomoaki Kobayakawa told the governor that the company is leaning toward scrapping all four reactors at the Daini plant. A project team was later formed at the utility and looked into whether that is possible, according to the source.

The prefecture has demanded the utility scrap the reactors, saying their existence would hamper its reconstruction efforts.

==Kyodo

© Kyodo News International, Inc., source Newswire

Stocks mentioned in the article
ChangeLast1st jan.
DAIICHI CO., LTD. 0.00% 711 End-of-day quote.15.80%
TOKYO ELECTRIC POWER COMPANY HOLDING INC 2.33% 527 End-of-day quote.-19.17%
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on TOKYO ELECTRIC POWER COMPA
07/19TOKYO ELECTRIC POWER : TEPCO to decommission Fukushima Daini nuclear plant
AQ
06/28Jera, JXTG sign EPC contract with Toshiba units for Goi power plant
RE
06/24UPDATE1 : Tokyo stocks end slightly higher on hopes for U.S.-China trade deal
AQ
06/20TOKYO ELECTRIC POWER : Incorporated
AQ
06/18TOKYO ELECTRIC POWER : Urgent Headline News
AQ
06/04TOKYO ELECTRIC POWER : IAEA Experts Collect Seawater, Marine Sediment and Fish S..
AQ
05/24TOKYO ELECTRIC POWER : TEPCO vows to not use foreign labor at N-plant
AQ
05/22TOKYO ELECTRIC POWER : TEPCO to carefully consider hiring foreign workers at Fuk..
AQ
05/21TOKYO ELECTRIC POWER : TEPCO urged to be cautious about using foreign workers in..
AQ
05/14TOKYO ELECTRIC POWER : Regarding 'Nuclear Safety Reform Plan Progress Report'
AQ
More news
Financials (JPY)
Sales 2020 6 270 B
EBIT 2020 203 B
Net income 2020 330 B
Debt 2020 3 265 B
Yield 2020 -
P/E ratio 2020 2,56x
P/E ratio 2021 5,82x
EV / Sales2020 0,66x
EV / Sales2021 0,67x
Capitalization 844 B
Chart TOKYO ELECTRIC POWER COMPANY HOLDING INC
Duration : Period :
Tokyo Electric Power Company Holding Inc Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends TOKYO ELECTRIC POWER COMPA
Short TermMid-TermLong Term
TrendsBearishBearishNeutral
Income Statement Evolution
Consensus
 
Mean consensus SELL
Number of Analysts 3
Average target price 425,00  JPY
Last Close Price 527,00  JPY
Spread / Highest target -16,5%
Spread / Average Target -19,4%
Spread / Lowest Target -22,2%
EPS Revisions
Managers
NameTitle
Tomoaki Kobayakawa Executive President & Director
Takashi Kawamura Chairman
Naomi Hirose Executive Vice Chairman
Hideko Kunii Independent Director
Keita Nishiyama Director & Head-Corporate Planning
Sector and Competitors
1st jan.Capitalization (M$)
TOKYO ELECTRIC POWER COMPANY HOLDING INC-19.17%7 838
NEXTERA ENERGY INC20.66%100 447
ENEL30.04%71 733
DUKE ENERGY CORP2.49%64 396
DOMINION ENERGY INC.7.54%61 662
IBERDROLA21.29%60 293