Tokyo Electric, also known as Tepco, is struggling to contain radioactive water at the Fukushima nuclear plant, which was devastated by a massive earthquake and tsunami in March 2011.

President Naomi Hirose said Tepco would not change its full-year target to log a profit. The utility has posted more than $27 billion (17 billion pounds) in net losses since the Fukushima disaster.

(Reporting by Kentaro Hamada; Editing by Paul Tait)