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

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Tokyo Electric Power : Fuel removal device installed at meltdown-hit Fukushima reactor

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11/13/2017 | 05:02pm CET

Tokyo, Japan | AFP | Workers at Japan's crippled Fukushima Daiichi nuclear power plant have installed a device to remove nuclear fuel from a meltdown-hit reactor nearly seven years after the crisis was sparked by a tsunami, a spokesman said Monday.

The plant's operator, Tokyo Electric Power Co (TEPCO), said it started putting a crane on the roof of unit No. 3 on Sunday to extract a total of 566 rods from its fuel pool.

It will be the first removal of fuel rods from one of the three reactors that melted down when the tsunami struck the plant in March 2011.

TEPCO has already removed fuel rods from unit No. 4 whose reactor core was empty when the tsunami crashed ashore.

It plans to start removing rods from the fuel pool of unit No. 3 "sometime around the middle of the next fiscal year" starting in April 2018, TEPCO spokesman Atsushi Sugiyama said.

It has yet to start removing any fuel from the reactor cores of the three meltdown-hit units, as the complicated decommissioning process is expected to last for decades.

The magnitude 9.0 quake, which struck under the Pacific Ocean, and the tsunami it spawned left about 18,500 people dead or missing and overwhelmed cooling systems at the plant, causing the world's worst nuclear disaster since Chernobyl in 1986.

The quake and tsunami also caused extensive damage to homes and property while radiation spread over a wide area, with more than 450,000 people evacuating in the immediate aftermath.

(c) Mwananchi Communications 2017. All Rights Reserved. Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

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Financials ( JPY)
Sales 2018 5 705 B
EBIT 2018 -
Net income 2018 252 B
Debt 2018 5 555 B
Yield 2018 -
P/E ratio 2018 3,59
P/E ratio 2019 4,04
EV / Sales 2018 1,10x
EV / Sales 2019 1,08x
Capitalization 731 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
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Mean consensus HOLD
Number of Analysts 4
Average target price 483  JPY
Spread / Average Target 6,2%
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Managers
NameTitle
Tomoaki Kobayakawa President & Director
Takashi Kawamura Chairman
Toshihiro Sano Director
Yuji Masuda Director
Toshiro Takebe Director
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