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4-Traders Homepage  >  Equities  >  Tokyo  >  Tokyo Electric Power Company Holding Inc    9501   JP3585800000

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Tokyo Electric Power : Roof completed for removal of spent fuel rods at Fukushima plant

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02/22/2018 | 07:21am CET

Work was completed Feb. 21 on a half-cylinder roof designed to trap radioactive substances emitted when spent fuel rods are removed from the No. 3 reactor building at the Fukushima No. 1 nuclear plant.

Tokyo Electric Power Co., the plants operator, plans to remove the spent fuel from the buildings storage pool as early as this autumn.

Construction work on the roof--23 meters wide and 57 meters long--started in July 2017.

The final piece, weighing about 55 tons, was lifted by a crane and put into place on Feb. 21. The roof is located directly above the storage pool.

A hydrogen explosion severely damaged the original roof of the No. 3 reactor building days after the March 2011 Great East Japan Earthquake and tsunami triggered the meltdowns at the plant.

The 566 fuel assemblies in the storage pool pose a serious risk in the event of another disaster striking the plant.

Completion of the roof should advance TEPCOs plans to remove the fuel rods as soon as possible.

(c) 2018 ITP Business Publishing Ltd. All Rights Reserved. Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

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Financials ( JPY)
Sales 2018 5 744 B
EBIT 2018 -
Net income 2018 230 B
Debt 2018 5 629 B
Yield 2018 -
P/E ratio 2018 4,02
P/E ratio 2019 3,60
EV / Sales 2018 1,09x
EV / Sales 2019 1,05x
Capitalization 644 B
Chart TOKYO ELECTRIC POWER COMPA
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Tokyo Electric Power Compa Technical Analysis Chart | 9501 | JP3585800000 | 4-Traders
Technical analysis trends TOKYO ELECTRIC POWER COMPA
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 3
Average target price 425  JPY
Spread / Average Target 6,0%
EPS Revisions
Managers
NameTitle
Tomoaki Kobayakawa President & Director
Takashi Kawamura Chairman
Toshihiro Sano Director
Yuji Masuda Director
Toshiro Takebe Director
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