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

TOKYO ELECTRIC POWER COMPANY HOLDING INC (9501)
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Tokyo Electric Power : International Atomic Energy Agency (IAEA) Operational Safety Assessment on the Kashiwazaki-Kariwa Nuclear Power Station

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11/22/2017 | 10:40am CEST

NIIGATA, November 9, 2017-TEPCO is implementing various measures to improve the safety of the Kashiwazaki-Kariwa (KK) Nuclear Power Station, reflecting on the lessons learned from the Fukushima Daiichi Nuclear accident.

As part of these endeavors, KK's Units 6 and 7 underwent an operational safety assessment review conducted by the International Atomic Energy Agency's (IAEA) Operational Safety Assessment Review Team (OSART) from June 29 through July 13, 2015, in which 15 areas for improvement were identified in a report submitted on December 10th of the same year.

The progress of improvement on those 15 areas was examined during the follow-up review session conducted by the IAEA from July 31 through August 4, 2017, and the OSART report was submitted on November 14. The report shows that 8 of the areas have been resolved and the remaining 7 were judged to have made satisfactory progress. It concludes that the manager of the power station has made efforts to improve safety in operating the station.

TEPCO will aim for further improvement by leveraging the results of this review based on IAEA standards and global knowledge, to earn the trust and confidence of local residents.

○Exhibit 1'Overview of follow-up review by IAEA OSART'(PDF 452KB)(*)
○Exhibit 2'Result list of the follow-up review by IAEA OSART'(PDF 132KB)(*)
○Exhibit 3'Body of the report (original)'(PDF 3.76MB)
(*) currently only in Japanese

About TEPCO
Tokyo Electric Power Company Holdings, Inc. (TEPCO) is Japan's largest power company group, holding three independent business entities: TEPCO Fuel & Power, Inc., TEPCO Power Grid, Inc., and TEPCO Energy Partner, Inc. As a group, it generates, distributes, and sells electricity and other types of energy principally to the Kanto metropolitan area, which includes Japan's two most populous cities, Tokyo and Yokohama. Its 42,060 employees are committed to providing safe, reliable power as well as fulfilling its responsibilities to the communities of Fukushima. (As of April 1, 2017)
TEPCO Website: http://www.tepco.co.jp/en/index-e.html
TEPCO Facebook page: https://www.facebook.com/OfficialTEPCOen
TEPCO Twitter page: https://twitter.com/TEPCO_English

TEPCO - Tokyo Electric Power Company Holdings Inc. published this content on 22 November 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 22 November 2017 09:39:03 UTC.

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Financials (JPY)
Sales 2019 6 081 B
EBIT 2019 -
Net income 2019 236 B
Debt 2019 5 040 B
Yield 2019 -
P/E ratio 2019 3,64
P/E ratio 2020 3,35
EV / Sales 2019 0,98x
EV / Sales 2020 0,84x
Capitalization 942 B
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Mean consensus HOLD
Number of Analysts 4
Average target price 437  JPY
Spread / Average Target -25%
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NameTitle
Tomoaki Kobayakawa Executive President & Director
Takashi Kawamura Chairman
Naomi Hirose Executive Vice Chairman
Hideko Kunii Independent Director
Keita Nishiyama Director & Head-Corporate Planning
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