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Tokyo Electric Power Company Holdings Inc (9501.T)

9501.T on Tokyo Stock Exchange

548JPY
23 May 2018
Change (% chg)

¥-9 (-1.62%)
Prev Close
¥557
Open
¥558
Day's High
¥561
Day's Low
¥543
Volume
22,670,600
Avg. Vol
14,745,661
52-wk High
¥599
52-wk Low
¥378

Latest Key Developments (Source: Significant Developments)

Japan's JERA lowers 2025/26 profit outlook
Wednesday, 28 Mar 2018 

March 28 (Reuters) - :JERA Co, the world's biggest liquefied natural gas (LNG) buyer, says it has lowered the net profit outlook for fuel sales and overseas power generation by 80 billion yen to 140 billion yen ($1.33 billion).The main reason for the revision reflects a projected severe environment for overseas fossil fuel-fired power business because of a decline in renewable power prices, the fuel joint venture between Tokyo Electric Power <<<9501.T>>> and Chubu Electric Power <<<9502.T>>>, says.Co says it projects a total net profit forecast of 200 billion yen in 2025/26, including a 60 billion yen profit expected from the integration of its parents' domestic fossil fuel power business in April 2019.JERA says it expects no change in annual LNG trading volumes of 35 million tonnes in 2025/26.Co says it expects to be trading around 50 million tonnes of coal a year in 2025/26 and possibly as high as 55 million tonnes in the late 2020s, up from 34 million tonnes now, following its acquisition of the coal and freight business of French utility EDF's <<>> trading arm last year.  Full Article

Tokyo Electric Power Company Holdings says judgment of lawsuit
Thursday, 11 Jan 2018 

Jan 11 (Reuters) - Tokyo Electric Power Company Holdings Inc <9501.T>:Says 157 individuals (plaintiffs) filed a lawsuit against the co in U.S., claiming compensation for physical, mental and economic damages.Court says that it don't have jurisdiction and rejects the plaintiffs' claim.Previous news was disclosed on Aug. 24, 2017.  Full Article

Canadian Solar Achieves Commercial Operation on 19.1MWp Project in Japan
Wednesday, 27 Dec 2017 

Dec 27 (Reuters) - Canadian Solar Inc ::CANADIAN SOLAR INC - ‍REACHED COMMERCIAL OPERATION ON ITS 19.1MWP GUNMA ARAMAKI SOLAR POWER PLANT, LOCATED APPROXIMATELY 100KM NORTHWEST OF TOKYO​.CANADIAN SOLAR - ‍GUNMA ARAMAKI PLANT EXPECTED TO GENERATE ABOUT 23,830MWH OF SOLAR POWER/YEAR, WILL BE PURCHASED BY TOKYO ELECTRIC POWER COMPANY​.  Full Article

Tepco, Chubu Electric Power get approval to consolidate fossil-fuel power businesses - Nikkei
Thursday, 12 Oct 2017 

Oct 13 (Reuters) - Nikkei::Tepco, Chubu Electric Power get approval from Japan Fair Trade Commission to consolidate their fossil-fuel power businesses into 1 operation - Nikkei.Tepco, Chubu Electric Power plan to transfer operations in first half of fiscal 2019 to their 50-50 JV known as JERA- Nikkei.Tepco, Chubu Electric Power expect merger to generate annual 100 billion yen or more in cost savings and other benefits during first five years - Nikkei‍​.  Full Article

Tokyo Electric Power Company Holdings gets financial support of 30.7 bln yen
Monday, 24 Jul 2017 

July 24(Reuters) - Tokyo Electric Power Company Holdings Inc <9501.T>:Says it received 30.7 billion yen from Nuclear Damage Compensation and Decommissioning Facilitation Corporation, on July 24, based on the revised Special Business Plan revised on May 18.  Full Article

Tokyo Electric Power Company Holdings names new executive president
Friday, 31 Mar 2017 

Tokyo Electric Power Company Holdings Inc <9501.T>: Says it has appointed Tomoaki Kobayakawa as the new Executive President of the company, to replace Naomi Hirose .Effective date in June 2017.  Full Article

Tepco and Chubu Electric together will take 10 pct stake in ReNew Power - Nikkei
Monday, 13 Feb 2017 

Nikkei: Tokyo Electric Power Co. Holdings and Chubu Electric Power together will take a 10% stake in ReNew Power - Nikkei .Tepco and Chubu's 50-50 JV, Jera, will obtain newly issued shares in ReNew Power by March via a subsidiary for an estimated $200 million - Nikkei.  Full Article

Sony and Tokyo Electric Power Co. Holdings will team up to offer smart home services - Nikkei
Monday, 22 Aug 2016 

Nikkei: Sony And Tokyo Electric Power Co. Holdings to offer all-in-one smart home service enabling households to track,control appliances' power usage - Nikkei .Sony And Tokyo Electric Power Co. Holdings are looking to launch full-scale service as soon as next year - Nikkei.  Full Article

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

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

NEC to reduce some executive salaries for 1 month after FTC order
Tuesday, 12 Jul 2016 

: NEC says to reduce some executive salaries for one month after FTC order . NEC says ordered by Japan Fair Trade Commission to pay penalties related to antitrust activities in dealing with Tepco.  Full Article

INTERVIEW-Japan's Osaka Gas may sign new long-term LNG supplies to boost trading

OSAKA, Japan, May 23 Osaka Gas may sign new long-term liquefied natural gas (LNG) contracts as Japan's second-biggest city gas supplier boosts its trading operations amid a shake-up in the Asian market for the fuel, a senior official said.