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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 : TEPCO gets 1st approval to run reactors since 2011 meltdowns

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10/04/2017 | 07:49am CEST

TOKYO — The Japanese utility blamed for safety lapses in the Fukushima nuclear plant meltdowns has received its first approvals to operate reactors under stricter safety standards set since the 2011 disaster.

The Nuclear Regulation Authority said Wednesday that two reactors in northern Japan met the new standards after sufficient measures were taken by Tokyo Electric Power Co. The authority unanimously approved a draft certificate for the No. 6 and No. 7 reactors at the Kashiwazaki-Kariwa plant, a first step toward restarting them.

The approval becomes official after opinions are received from the public, regulators and the trade and industry minister. Then the reactors' startup could take months.

Many people still oppose restarting the Kashiwazaki-Kariwa reactors because of concerns about TEPCO's safety records. Anti-nuclear activists rallied outside the regulation authority's building Wednesday.

© 2017 The Canadian Press. All rights reserved., source Canadian Press DataFile

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Financials (JPY)
Sales 2019 6 067 B
EBIT 2019 -
Net income 2019 229 B
Debt 2019 5 173 B
Yield 2019 -
P/E ratio 2019 3,17
P/E ratio 2020 2,61
EV / Sales 2019 0,99x
EV / Sales 2020 0,86x
Capitalization 850 B
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Mean consensus HOLD
Number of Analysts 4
Average target price 423  JPY
Spread / Average Target -20%
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
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