On average employees pay would be cut by 23.68%. The flooding and earthquake damage prevented assistance being brought from elsewhere. 3." All quotes are in local exchange time. In light of these circumstances, TEPCO launched an extensive sales promotion campaign called 'Switch! The goal will be included in … 2121 K Street, NW, Suite 920, Washington D.C. Wing 7, Fourth Floor, Berkeley Square House, Berkeley Square London W1J 6BR, UK, 22 Kitahara, Mezawa, Okuma Town, Futaba County, Fukushima, 6 (of which 3 were damaged beyond repair, 1 with extensive damage and 2 with little damage after the 2011 earthquake and tsunami) +2 (cancelled at paper plan stage), 12 Obamatsukuri, Namikura, Narawa Town, Futaba County, Fukushima, 16-46 Aoyama-Cho, Kashiwazaki City, Niigata, 3,800 (operational) + 600(under construction), 6 (operational) + 1 (under construction), 4,400 (operational) + 1,248(under construction), 2,880 (operational) + 1,500(under construction), 5-6-22 Higashi-Shinagawa, Shinagawa, Tokyo, 5-1 Chidori-Cho, Kawasaki, Kawasaki City, Kanagawa, 2,000 (operational) + 1,420(under construction), 3 Higashi-Ogishima, Kawasaki, Kawasaki City, Kanagawa, 11-1 Daikoku-Cho, Tsurumi, Yokohama City, Kanagawa, 37-1 Shin-Isogo-Cho, Isogo, Yokohama City, Kanagawa, Electricity sales (FY 2004): 92,592 million kWh (lighting), 194,148 million kWh (power), 286,741 million kWh (total), Peak demand: 64.3 million kW (July 24, 2001), Number of customers (ending March 31, 2005): 25,120,000 / 83.89 million kW (lighting), 2,630,000 thousand / 39.75 million kWh (power), 27,740,000 / 123.64 million kW (total), Revenue from electricity sales: ¥4,637.2 billion yen (FY 2004), Thermal (oil, coal, LN(P)G, geothermal): 26 / 36,995.0 MW, This page was last edited on 21 December 2020, at 09:07. [36], TEPCO subsequently signed a partnership with French company Areva to treat the contaminated water. In addition, the portion of the employee health insurance program that the company covers will be reduced from 60% to 50%, the standard in Japan. Shares in Tokyo Electric Power Holdings Inc are currently priced at ¥291. Because of the proximity of the reactors, Plant Director Masao Yoshida "was put in the position of trying to cope simultaneously with core meltdowns at three reactors and exposed fuel pools at three units". Visit a quote page and your recently viewed tickers will be displayed here. [7] Tokyo Electric Power Co. Holdings, Inc. engages in the generation and distribution of electric power. Tokyo Electric Power Co. Holdings, Inc. reports financial results for the quarter ended December 31, 2016. Tokyo Electric Power Company Holdings, Incorporated (東京電力ホールディングス株式会社, Tōkyō Denryoku Hôrudingusu kabushiki gaisha, TYO: 9501), also known as Toden (東電, Tōden) or TEPCO, is a Japanese electric utility holding company servicing Japan's Kantō region, Yamanashi Prefecture, and the eastern portion of Shizuoka Prefecture. As TEPCO stands in a leading position in this industry, they have relatively a strong effect for Japanese economics, environment, and energy industry. The company has built a radiated and circular grid between power plants and urban/industrial demand areas. [49] This position was changed by later ownership changes. Create a list of the investments you want to track. This browser is no longer supported at MarketWatch. View the latest Tokyo Electric Power Co. Holdings Inc. (9501) stock price, news, historical charts, analyst ratings and financial information from WSJ. From substations, electricity is transmitted via the distribution grid at low-voltage (22-66kV). Along with scandals at other Japanese electric companies, this failure to ensure corporate compliance resulted in strong public criticism of Japan's electric power industry and the nation's nuclear energy policy. 1-14-1, Kanda Sudacho, Chiyoda-ku, Tokyo. Tokyo Electric Power Co. Holdings Inc. company facts, information and financial ratios from MarketWatch. We analyze the earnings along side the following peers of Tokyo Electric Power Co. Holdings, Inc. – Electric Power Development Co., Ltd. Unsponsored ADR, Tohoku Electric Power Company, Incorporated Unsponsored ADR and Chugoku Electric Power Co., Inc. Unsponsored … Its market value is ¥8.6 billion.[19]. Over the following days there was evidence of partial nuclear meltdowns in reactors 1, 2 and 3; hydrogen explosions destroyed the upper cladding of the building housing reactors 1 and 3; an explosion damaged reactor 2's containment; and severe fires broke out at reactor 4. On 11 March 2011 several nuclear reactors in Japan were badly damaged by the 2011 Tōhoku earthquake and tsunami. Again, the company made no effort to identify those responsible. The company also purchases electricity from other regional or wholesale electric power companies like Tohoku Electric Power, J-POWER, and Japan Atomic Power Company. The two life insurance companies had lost their interest in TEPCO after the shares had lost almost all their value at the stock market. This Japan's biggest utility had received by the end of February 2016 at least 5.7609 trillion yen in state support since the tsunami. In the following year 2014 red figures were expected too.[20]. Business The costs to protect the plant for such an event was estimated to be about 25 million dollars. 3.1K likes. Tokyo Electric Power Co. Holdings, Inc. reports financial results for the quarter ended September 30, 2016. As Tokyo Electric Power Company Holdings, Inc. is a holding company, there are several major wholly owned subsidiaries. Te Live Cameras page of Tokyo Electric Power Company Holdings. Tokyo Electric Power Co. Holdings, Inc. engages in the generation and distribution of electric power. [8], Japan plans[when?] Tokyo Electric Power Company Holdings, Incorporated “Notes to Consolidated Financial Statements” and “Notes to Non-Consolidated Financial Statements” are hereby provided to our shareholders in accordance with relevant laws and regulations and with Article 17 of the Articles of Incorporation. We analyze the earnings along side the following peers of Tokyo Electric Power Co. Holdings, Inc. – Electric Power Development Co., Ltd. Unsponsored ADR, Tohoku Electric Power Company, Incorporated Unsponsored ADR and Chugoku Electric Power Co., Inc. Unsponsored … To treat the contaminated water located underground atomic Power emergency '' and evacuated thousands of living. 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