Last ¥469.00 JPY
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tokyo electric power co inc (9501) Snapshot

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01/6/15 - ¥518.00
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tokyo electric power co inc (9501) Details

Tokyo Electric Power Company, Incorporated, together with its subsidiaries, generates, transmits, and distributes electric power in Japan. The company operates through Fuel & Power, Power Grid, and Customer Service segments. The company operates a portfolio of thermal, hydroelectric, nuclear, and renewable energy power plants, including solar and hydro power generation plants. It supplies electricity primarily in Kanto region. The company is involved in the computerized information processing activities; development and maintenance of software; ownership and charter of LNG carriers; investment in gas field development companies; and repair and operation of power generation, environmental protection, and other facilities. It also engages in the design and maintenance of power distribution facilities and contracting for advertisements on utility poles and other media; leasing of vehicles and others; industrial waste treatment activities; electricity sales; maintenance of transmission, transformation, and other facilities; and sale of petroleum products. In addition, the company is involved in the design and supervision of construction of power generation; and leasing and management of real estate. Tokyo Electric Power Company, Incorporated was founded in 1951 and is headquartered in Tokyo, Japan.

45,744 Employees
Last Reported Date: 06/27/14
Founded in 1951

tokyo electric power co inc (9501) Top Compensated Officers

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tokyo electric power co inc (9501) Key Developments

Tokyo Electric Power Company, Incorporated Presents at The 9th Annual Daiwa Investment Conference 2015, Mar-02-2015

Tokyo Electric Power Company, Incorporated Presents at The 9th Annual Daiwa Investment Conference 2015, Mar-02-2015 . Venue: The Prince Park Tower, 4-8-1, Shibakoen, Minato-ku, Tokyo, Japan.

TEPCO and Chubu Electric Sign Joint Venture Agreement to Form a Comprehensive Alliance and Establish a New Company

Tokyo Electric Power Company, Incorporated and Chubu Electric Power Co. Inc. entered into a Joint Venture Agreement on the formation of a comprehensive alliance covering the entire energy supply chain, from upstream investments and fuel procurement through power generation and a roadmap to its formation. To give effect to the Alliance, TEPCO and Chubu Electric have agreed to jointly establish, in April, 2015 a new company, which will implement the development of upstream investments, fuel procurement, fuel transportation, fuel trading businesses, development of new domestic thermal power plants and scrap and build of aged domestic thermal power plants as well as development of new power plants overseas.

Tokyo Electric Power Co., Inc. Reports Earnings Results for the Third Quarter Ended December 2014; Provides Earnings Guidance for the Fiscal Year 2015

Tokyo Electric Power Co. Inc. reported consolidated and non-consolidated earnings results for the third quarter ended December 2014. The company posted a net loss of ¥110 billion ($935 million) in the due to falling sales and compensation fees for its atomic accident in 2011. The company booked a net profit of ¥156.7 billion in the same period a year ago. The company logged an operating profit of ¥15.9 billion, down 75% from a year earlier, while sales edged up 0.9% to ¥1.59 trillion. Operating revenues increased 2.8% from the same period of the previous fiscal year to ¥4,932.5 billion. On non-consolidated basis, for the quarter, the company’s net income decreased 80.0% to ¥147.3 billion from a year ago after accounting for ¥512.5 billion grants-in-aid from the Nuclear Damage Compensation and Decommissioning Facilitation Corporation as an Extraordinary Income, and ¥543.6 billion in Nuclear Damage Compensation cost as an Extraordinary Loss. Operating revenues increased 27.7% to ¥182.7 billion. The company expected a net profit of ¥521 billion for the current financial year 2015 and an operating profit of ¥323 billion while sales were projected at ¥6.85 trillion.


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