Key Developments: Tokyo Electric Power Co Inc (9501.T)

9501.T on Tokyo Stock Exchange

388JPY
16 Apr 2014
Price Change (% chg)

¥13 (+3.47%)
Prev Close
¥375
Open
¥376
Day's High
¥388
Day's Low
¥375
Volume
11,490,900
Avg. Vol
20,731,194
52-wk High
¥841
52-wk Low
¥355

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Latest Key Developments (Source: Significant Developments)

Tokyo Electric Power receives financial support from Nuclear Liability Facilitation Fund
Sunday, 23 Mar 2014 10:30pm EDT 

Tokyo Electric Power Co Inc:Received 65.7 billion yen from the Nuclear Damage Liability Facilitation Fund on March 24, based on the revised Special Business Plan (Comprehensive Special Business Plan) approved on Jan. 15.  Full Article

Tokyo Electric Power Co Inc receives financial support from Nuclear Liability Facilitation Fund
Sunday, 23 Feb 2014 09:00pm EST 

Tokyo Electric Power Co Inc:Says received 145.6 billion yen from the Nuclear Damage Liability Facilitation Fund based on the revised Special Business Plan (Comprehensive Special Business Plan) approved on Jan. 15.  Full Article

JCR affirms rating on Tokyo Electric Power Co Inc at "A" - Reuters
Tuesday, 11 Feb 2014 07:00pm EST 

Tokyo Electric Power Co Inc:Says Japan Credit Rating Agency,Ltd. (JCR) affirmed the rating on Tokyo Electric Power Co Inc at "A" - Reuters.Says the rating outlook is negative.  Full Article

Tokyo Electric Power Co Inc expects extraordinary profits and losses for Q3 of FY 2014
Friday, 31 Jan 2014 02:00am EST 

Tokyo Electric Power Co Inc:Sees extraordinary profits of 1,665.7 billion yen on nuclear damage compensation subsidy, 84.8 billion yen on sale of fixed assets and 32 billion yen on returned allowance of disaster damage, for the third quarter of fiscal year ending Mar. 2014.Sees extraordinary losses of 21.2 billion yen on disaster loss, 1,123.9 billion yen on nuclear damage compensation and 39.8 billion yen on demolition of equipment in Fukushima nuclear plant, for the third quarter of fiscal year ending Mar. 2014.  Full Article

Tokyo Electric Power Co Inc to sell hospital
Thursday, 23 Jan 2014 02:00am EST 

Tokyo Electric Power Co Inc:Says to sell its Tokyo-located hospital to Tokyo Tatemono Co Ltd for 10,000 million yen.Says the transaction to be conducted on Mar. 31.  Full Article

Tokyo Electric Power Co Inc receives financial support from Nuclear Damage Liability Facilitation Fund
Tuesday, 21 Jan 2014 09:00pm EST 

Tokyo Electric Power Co Inc:Says it received 118 billion yen from the Nuclear Damage Liability Facilitation Fund based on the revised Special Business Plan (Comprehensive Special Business Plan) approved on June 25, 2013.Says this financial support was given in response to its twenty-third request made in order to cover the compensation payouts to be completed by the end of January.  Full Article

R&I retains Tokyo Electric Power Co Inc on monitor and affirms rating of "BBB-"
Tuesday, 21 Jan 2014 01:01am EST 

Tokyo Electric Power Co Inc:Rating and Investment Information, Inc. (R&I) has retained Tokyo Electric Power Co Inc on the rating monitor with view to downgrading.R&I has affirmed the rating on the company of "BBB-".  Full Article

Tokyo Electric Power Co Inc gives full-year consolidated outlook for FY 2014 above analysts' estimate
Wednesday, 15 Jan 2014 05:00am EST 

Tokyo Electric Power Co Inc:Sees full-year revenue of 6,619,000 million yen, for fiscal year ending Mar. 31, 2014.Sees full-year operating profit of 134,000 million yen.Sees full-year ordinary profit of 57,000 million yen.Sees full-year net profit of 670,000 million yen.Sees full-year earnings per share of 418.11 yen.FY 2014 revenue of 6,496,930 million yen, operating profit of 112,240 million yen and net profit of 412,100 million yen - Thomson Reuters I/B/E/S.  Full Article

Tokyo Electric Power Co Inc updates change of chairman
Tuesday, 14 Jan 2014 07:00pm EST 

Tokyo Electric Power Co Inc:Says Shimokobe Kazuhiko resigned from the position of Chairman of the Board of the company, for personal reasons, effective at the end of March.Says Sudo Fumio was elected as the next Chairman of the Board of the company, who is currently Director of TEPCO, Advisor to JFE Holdings, Inc.Says the appointment effective on Apr. 1.  Full Article

Tokyo Electric Power Co Inc announces change of application for subsidy
Friday, 27 Dec 2013 12:00am EST 

Tokyo Electric Power Co Inc:Says to apply to Nuclear Damage Liability Facilitation Fund for additional 999,510 million yen of its fifth subsidy.  Full Article

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Japan approves energy plan reinstating nuclear power

TOKYO - Japan's cabinet on Friday approved an energy policy reversing the previous government's plans to gradually mothball nuclear power plants, a move likely to be unpopular with a wary public following the 2011 Fukushima disaster.

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