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Tokyo Electric Power Co. (TKECF)

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Last Post: 1/19/2021 7:36:03 AM - Followers: 2 - Board type: Free - Posts Today: 0

Tokyo Electric Power Company

The Tokyo Electric Power Company, Incorporated engages in the generation and supply of electric power in Japan. It operates through five segments: Electric Power, Information and Telecommunication, Energy and Environment, Living Environment and Lifestyle-Related, and Overseas. The Electric Power segment engages in the supply of electricity. The Information and Communications segment involves in the telecommunication, computerized information processing, computer software development and maintenance, and cable television broadcasting businesses; and engages in the installation, site leasing, maintenance, management, and operation of computer, telecommunication, and other equipment. The Energy and Environmental segment engages in the gas supply, services related to energy facilities, maintenance and repair of power generation and other facilities, operation and maintenance of environmental protection and other facilities, design and maintenance of distribution facilities, sale of crude oil and petroleum products, repair and adjustment of electricity meters, heat supply, and cargo and vehicle transportation services, as well as in the maintenance of transmission, transformation, and other facilities. The Living Environment and Lifestyle-Related segment engages in the leasing and management of real estate, as well as in the operation and management of exhibition pavilions and show rooms. The Overseas segment provides consulting services; and engages in the power generation business. The company was founded in 1951 and is headquartered in Tok
yo, Japan.

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Traded as TYO: 9501
Industry Energy
Founded May 1, 1951
Headquarters Tokyo, Japan
Area served prefectures of Tokyo, Kanagawa, Saitama, Chiba, Tochigi, Gunma, Ibaraki, Yamanashi, and eastern area of Shizuoka
Key people Masataka Shimizu, President
Services Electric generation, transmission, and distribution
Revenue ¥5308.0 billion (consolidated)
Operating Income ¥576.2 billion (consolidated)
Net Income ¥310.3 billion (consolidated)
Employees 38,235 (consolidated)

Recent note from president of TKECF:
I would like to extend my sincerest condolences and prayers for the precious loss of life due to the devastating Tohoku-Chihou-Taiheiyo-Oki Earthquake that struck our nation on March 11. Our deepest sorrows go to those people and their families who are suffering from the damage.

Furthermore, I deeply apologize for the distress caused due to the extensive damage that Fukushima Daiichi Nuclear Power Station sustained resulting in the leakage of radioactive materials to the surrounding areas of the power station, Fukushima Prefecture, and broader society. Currently, we are working around the clock to bring the situation under control with support and cooperation from the society, related ministries and government offices and local governments.

We also regret the tremendous inconvenience the recent rolling blackouts have caused to our customers and society since March 14th due to the tight supply-demand balance of electricity.

As a result of widespread cooperation from our customers in conserving electricity, the supply-demand balance has improved significantly. Hence, in principle, we have decided to cease the implementation of rolling blackouts and will do our best to maintain the supply of electricity aiming to achieve "Zero Rolling Blackouts" in principle during the summertime. Your continuous cooperation in saving electricity would be highly appreciated.

April 2011
The Tokyo Electric Power Company, Incorporated
Masataka Shimizu

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#78   Lets get this party (re)started freddie me 01/19/21 07:36:03 AM
#77   Japan Regulator to Begin Checks at Tepco’s Niigata Reactors idkmybffjill 11/18/13 10:48:55 PM
#76   Japan to Begin Restarting Idled Nuclear Plants, Leader Says idkmybffjill 02/28/13 03:15:39 PM
#75   Japan's TEPCO gears up for US shale gas imports idkmybffjill 02/07/13 11:00:10 AM
#74   Tepco plans to dump ‘cleaned’ Fukushima No. 1 water idkmybffjill 01/26/13 03:10:35 PM
#73   Tepco's Fukushima HQ starts operations idkmybffjill 01/07/13 01:39:25 PM
#72   Japan's Tepco sued by US sailors over radiation idkmybffjill 12/28/12 10:17:15 AM
#71   TEPCO requests additional Y697 bil yen for compensation idkmybffjill 12/28/12 10:16:43 AM
#70   And the other side of the coin... idkmybffjill 12/17/12 12:35:54 PM
#69   Tepco Shares Surge on Speculation LDP to Allow idkmybffjill 12/17/12 12:32:28 PM
#68   Kansai Electric Power to increase household rates by idkmybffjill 11/29/12 12:37:12 PM
#67   Bond prices are trading at nearly 100 cents idkmybffjill 11/29/12 12:35:47 PM
#66   It appears we are currently between stage 2 56Chevy 11/12/12 02:40:09 PM
#65   TEPCO continued donations to villages after Fukushima nuclear accident idkmybffjill 10/24/12 11:15:19 AM
#64   Removal of steel members started at Fukushima I idkmybffjill 09/25/12 11:24:36 AM
#63   Tepco brings in outside experts to monitor nuclear reforms idkmybffjill 09/11/12 11:09:31 PM
#62   Foreign firms eye bids for TEPCO smart meters idkmybffjill 08/27/12 09:39:29 AM
#61   TEPCO chief vows cost cuts amid $3.68 bn loss idkmybffjill 08/02/12 11:32:18 AM
#60   Tepco Under State Control as Government Gets Shares idkmybffjill 07/31/12 01:09:55 PM
#59   Japan's Tepco baffled by criticism of its role idkmybffjill 07/19/12 09:23:04 AM
#58   TEPCO president vows to overcome public distrust idkmybffjill 07/19/12 09:22:22 AM
#57   Government allows TEPCO rate hike as high as 8% idkmybffjill 07/19/12 12:54:08 AM
#56   It appears we are currently between stage 2 idkmybffjill 07/17/12 07:23:47 PM
#55   Guide to distressed utility investing by Peter Lynch idkmybffjill 07/17/12 07:23:07 PM
#54   Govt may delay financial support for Tepco idkmybffjill 07/17/12 07:22:06 PM
#53   Consumer panel tells Tepco to cut pay 30% idkmybffjill 07/17/12 11:25:12 AM
#52   TEPCO may cut rate hike to 9% level idkmybffjill 07/03/12 03:23:36 PM
#51   Tepco's Plans Restart of World's Biggest Nuclear Plant idkmybffjill 07/03/12 03:22:24 PM
#50   TEPCO Shareholders Approve Nationalization idkmybffjill 07/03/12 03:21:32 PM
#49   Chevron Sells Australia LNG Project Stake to Tepco idkmybffjill 07/03/12 03:20:02 PM
#48   TEPCO directors quit with 'golden parachute' idkmybffjill 07/03/12 03:19:29 PM
#47   I'm surprised this stock hasn't received more attention idkmybffjill 01/28/12 03:11:34 PM
#46   I don't know much about TKECY except that, idkmybffjill 01/18/12 04:21:59 PM
#45   Can anyone explain the difference between TKECF and bigfoots 11/01/11 10:11:18 AM
#44   TKECF @ 3.68 $King 10/20/11 10:22:31 AM
#43   All depends on what's going on in JAPAN. wargrider 07/06/11 06:12:16 PM
#42   nevermind, misread the article. WALK-HARD 07/05/11 05:40:26 PM
#41   Nationalization... uh oh. WALK-HARD 07/04/11 10:42:35 PM
#40   and we'll be here to make hundreds of % WALK-HARD 06/30/11 07:35:04 PM
#39   Its very unstable, people are very undecided. All BenjaminVogt 06/28/11 04:18:19 AM
#38   Anyone have any idea on why this stock WALK-HARD 06/24/11 01:29:46 PM
#37   Anyone have any idea on why this stock WALK-HARD 06/24/11 01:29:44 PM
#36   "Crippled Japan plant's operator pays relief money to MorningSoju 06/20/11 09:44:16 PM
#35   Recently placed $5k when shares were at 2.38, MorningSoju 06/20/11 09:40:27 PM
#34   I don't know, so much to say. I'm BenjaminVogt 06/15/11 06:57:12 PM
#33   why so quiet here onedayyyyyyy 06/14/11 06:50:20 AM
#32   Give this 20 months and it will be BenjaminVogt 05/19/11 01:38:41 AM
#31   How Japan's Earthquake, China Scuffles Contribute to a BenjaminVogt 05/19/11 01:37:18 AM
#30   It has gone down, good time to BUY! BenjaminVogt 05/19/11 01:36:01 AM
#29   interesting: http://www.washingtontimes.com/news/2011/may/3/debate-rises-over-pa BenjaminVogt 05/05/11 02:58:48 AM
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