Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

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

SummaryChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsofficial PublicationsSector newsTweets

Tokyo Electric Power : Japan approves reactivation of TEPCO nuclear reactors

share with twitter share with LinkedIn share with facebook
share via e-mail
0
10/04/2017 | 10:11am CEST

Tokyo, Oct 4 (EFE).- Japanese authorities Wednesday approved the reactivation of two nuclear reactors operated by Tokyo Electric Power, which were shut down after the Fukushima nuclear plant disaster in 2011.

Japan'sNuclear Regulation Authority said in a press conference in Tokyo that it has approved the activation of reactors 6 and 7 of the Kashiwazaki-Kariwa plant, located in the Niigata prefecture, after they were found to be in compliance with tougher safety standards post the Fukushima disaster.

The reactors, however, will only be functional after consultations with the local population and the regional government, a process which could take up to 3-4 years, Niigata governor Ryuichi Yoneyama said in a statement published by Kyodo news agency.

The Kashiwazaki-Kariwa nuclear complex is one of the biggest in the world with a total output capacity of 8.2 million megawatts and is the first plant operated by TEPCO to receive approval from the NRA to restart operations.

The local government, people who were displaced by the Fukushima disaster, and environmental groups have opposed the step, calling it a grave risk for the population in case of an earthquake or a tsunami.

"TEPCO should abandon its futile efforts to restart seismically vulnerable reactors and instead focus on dealing with the ongoing nuclear crisis at Fukushima Daiichi," Greenpeace Japan said in a statement.

Only 5 of Japan's 42 nuclear reactors are currently operational, due to opposition by citizens and local authorities, which has hindered Japan's return to nuclear energy production.

Due to its enormous capacity, the Niigata facility is key to the energy model promoted by President Shinzo Abe's government, which supports a return to nuclear energy in order to tackle the lack of other energy resources in Japan.

In the aftermath of the earthquake and tsunami of March 11, 2011, the Fukushima plant had suffered the worst nuclear disaster (since the one at Chernobyl in 1986), that had displaced thousands of people and adversely affected local businesses. EFE

ahg/ia/nb

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

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on TOKYO ELECTRIC POWER COMPA
07/18TOKYO ELECTRIC POWER : Controversial ads
AQ
07/17TOKYO ELECTRIC POWER : Tepco to resume TV commercials, 1st time since 2011 Fukus..
AQ
07/14TEPCO Group, Zenrin, Rakuten Examining 'Drone Highways'
AQ
07/143 major firms team up for drone-delivered shopping project
AQ
07/12TOKYO ELECTRIC POWER : "Method for Controlling Storage Battery System" in Patent..
AQ
07/12RAKUTEN : TEPCO Group, Zenrin and Rakuten examining "drone highways" for drone l..
AQ
07/11FREE ELECTRONS : 28 Pilots Already Launched between Startups and Utilities
AQ
07/05TOKYO ELECTRIC POWER : What the failed Glencore-Tohoku coal talks mean for the m..
RE
07/04TOKYO ELECTRIC POWER : Japan aims for 24% renewable energy but keeps nuclear cen..
AQ
07/04Asian energy giants hedge U.S. LNG buying spree with European deals
RE
More news
News from SeekingAlpha
06/11Tepco rallies as election result sparks hope for nuclear power restart 
04/26Tokyo Electric Power Company Holdings ADR reports FY results 
01/30Tokyo Electric Power Company Holdings ADR reports 9M results 
2017Tokyo Electric says Cameco seeking $682M in damages 
2017Tokyo Electric Power Company Holdings ADR reports 1H results 
Financials (JPY)
Sales 2019 6 076 B
EBIT 2019 -
Net income 2019 244 B
Debt 2019 5 172 B
Yield 2019 -
P/E ratio 2019 3,26
P/E ratio 2020 2,74
EV / Sales 2019 0,99x
EV / Sales 2020 0,86x
Capitalization 834 B
Chart TOKYO ELECTRIC POWER COMPA
Duration : Period :
Tokyo Electric Power Compa Technical Analysis Chart | 9501 | JP3585800000 | 4-Traders
Technical analysis trends TOKYO ELECTRIC POWER COMPA
Short TermMid-TermLong Term
TrendsNeutralBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 4
Average target price 423  JPY
Spread / Average Target -18%
EPS Revisions
Managers
NameTitle
Tomoaki Kobayakawa Executive President & Director
Takashi Kawamura Chairman
Naomi Hirose Executive Vice Chairman
Hideko Kunii Independent Director
Keita Nishiyama Director & Head-Corporate Planning
Sector and Competitors
1st jan.Capitalization (M$)
TOKYO ELECTRIC POWER COMPANY HOLDING INC15.08%7 336
DUKE ENERGY CORP-4.36%56 536
IBERDROLA3.84%49 993
SOUTHERN COMPANY-1.12%48 204
DOMINION ENERGY-13.71%45 927
EXELON CORPORATION6.37%40 469