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

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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 2018 5 736 B
EBIT 2018 -
Net income 2018 285 B
Debt 2018 5 380 B
Yield 2018 -
P/E ratio 2018 2,76
P/E ratio 2019 3,98
EV / Sales 2018 1,07x
EV / Sales 2019 1,02x
Capitalization 733 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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TrendsBullishNeutralNeutral
Income Statement Evolution
Consensus
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Mean consensus HOLD
Number of Analysts 4
Average target price 380  JPY
Spread / Average Target -19%
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 INC6.43%6 735
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