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

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Tokyo Electric Power : Fire at Tokyo's famous fish market extinguished after 15 hours

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08/04/2017 | 04:57am CEST

Tokyo, Aug 4 (EFE).- Firefighters on Friday managed to extinguish the fire that broke out Thursday at the famous Tsukiji fish market, in Tokyo, after about 15 hours of fighting the flames which raged on an area of more than 900 square meters.

The fire, which left no casualties, began at 4.50pm local time on Thursday (7.50 GMT) in a three-story building located in the busiest part of the market with shops and restaurants, local authorities said.

Some 60 fire trucks were dispatched to the market to control the flames which originated inside an area with small shops difficult to access.

The authorities evacuated the area in order to fight the blaze before the eyes of hundreds of bystanders and media and one firefighter had to abandon the task suffering from heat stroke.

At the request of the fire department, Tokyo Electric Power Company (TEPCO), shut down the power supply in the area of the fire, leaving 200 homes and businesses temporarily without electricity.

The affected part of the market, which receives about 60,000 customers per day, is known as "Jogai" and has a total of 400 shops and restaurants.

Considered the largest fish market in the world and one of the main tourist attractions of the Japanese capital, Tsukiji market was opened in 1935 in its current and central location in Tokyo Bay.

Due to the age of the facilities, the Tokyo Metropolitan Government decided to move the market to a new location further away, although the project has been delayed by various problems. EFE

ahg/ts/uw

© 2017 EFE News Services (U.S.) Inc., source EFE Ingles

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Financials (JPY)
Sales 2019 6 076 B
EBIT 2019 -
Net income 2019 244 B
Debt 2019 5 172 B
Yield 2019 -
P/E ratio 2019 3,23
P/E ratio 2020 2,71
EV / Sales 2019 0,99x
EV / Sales 2020 0,86x
Capitalization 822 B
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Mean consensus HOLD
Number of Analysts 4
Average target price 423  JPY
Spread / Average Target -18%
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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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