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Chubu Electric Power Co Inc (9502.T)

9502.T on Tokyo Stock Exchange

22 Sep 2017
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Latest Key Developments (Source: Significant Developments)

Tokyo Electric, Chubu Electric Power looking to buy Electricite de France's coal-trading business-Nikkei<9501.T><9502.T>
Wednesday, 17 Aug 2016 03:02pm EDT 

Nikkei: Tokyo Electric Power Co and Chubu Electric Power looking to acquire Electricite de France's coal-trading business- Nikkei . Tokyo Electric Power and Chubu Electric Power's Jv Jera to start negotiations on possible deal with edf's London unit EDF Trading- Nikkei .  Full Article

Chubu Electric Power Company and Tokyo Electric Power Company Holdings' unit to transfer business to JERA
Monday, 23 May 2016 02:32am EDT 

Tokyo Electric Power Company Holdings Inc <9501.T> , Chubu Electric Power Company Inc <9502.T> : Says Chubu Electric Power Company Inc to transfer its fuel business and overseas power generation and energy infrastructure business to JERA Co., Inc. on July 1 . Says Tokyo Electric Power Company Holdings' wholly owned subsidiary TEPCO Fuel & Power, Inc. plans to transfer its existing fuel business and overseasthermal power generation IPP(Independent Power Producer) business to JERA, on July 1 .Says JERA Co., Inc. is the joint venture established by Tokyo Electric Power Company Holdings and Chubu Electric Power Company's unit on April 30, based on the comprehensive alliance signed by Chubu Electric Power and Tokyo Electric Power.  Full Article

Chubu Electric Power Co Inc - Fire at Japan nuclear plant put out; no danger to public - operator - Reuters
Wednesday, 6 Jan 2016 10:27am EST 

Chubu Electric Power Co Inc:A fire broke out at Chubu Electric Power Co's (9502.T) Hamaoka nuclear power plant in central Japan on Thursday, but was quickly put out and there had been no danger to the public, the company said. - RTRS.The fire started at about 11 a.m. (0200 GMT) in the exhaust fan of the turbine building of the plant's No.2 reactor, which is currently under being decommissioned, a company spokesman said. - RTRS.The fan was shut down and the fire was confirmed as put out an hour later, he said. An investigation into the cause of the fire was under way. - RTRS.The plant's No.1 and No.2 reactors are being decommissioned, while its No.3, No.4 and No.5 reactors remain shut pending stringent safety checks imposed following the Fukushima nuclear disaster nearly five years ago. - RTRS.  Full Article

Chubu Electric Power raises consolidated full-year outlook for FY 2016
Friday, 30 Oct 2015 03:00am EDT 

Chubu Electric Power Co Inc:Says the company increased the consolidated mid-year outlook for revenue to 2,890,000 mln yen from 2,860,000 mln yen, for the fiscal year ending March 31, 2016.Operating profit forecast increased to 230,000 mln yen from 160,000 mln yen.Ordinary profit forecast increased to 200,000 mln yen from 130,000 mln yen.Net profit forecast increased to 140,000 mln yen from 90,000 mln yen.Earnings per share increased to 184.87 yen from 118.84 yen.FY 2016 revenues of 2,852.10 billion yen, net income of 122.68 billion yen – Thomson Reuters I/B/E/S.Comments the decreased fuel cost and higher volume of hydroelectric power generation are the main reasons for the forecast.  Full Article