TEPCO

Extracted Attributes

Tokyo Electric Power Company

Tokyo Electric Power Company Holdings, Incorporated (Japanese: 東京電力ホールディングス株式会社, Tōkyōdenryoku Hōrudingusu Kabushikigaisha; TEPCO, also known as Tōden (東電) in Japan) is a Japanese electric utility holding company servicing Japan's Kantō region, Yamanashi Prefecture, and the eastern portion of Shizuoka Prefecture. This area includes Tokyo. Its headquarters are located in Uchisaiwaicho, Chiyoda, Tokyo, and international branch offices exist in Washington, D.C., and London. It is a founding member of strategic consortiums related to energy innovation and research; such as JINED, INCJ and MAI. In 2007, TEPCO was forced to shut the Kashiwazaki-Kariwa Nuclear Power Plant after the Niigata-Chuetsu-Oki earthquake. That year, it posted its first loss in 28 years. Corporate losses continued until the plant reopened in 2009. Following the 2011 Tōhoku earthquake and tsunami, one of its power plants was the site of one of the world's most serious nuclear accidents, the Fukushima Daiichi nuclear disaster. TEPCO could face ¥2 trillion (US$23.6 billion) in special losses in the current business year to March 2012, and the Japanese government plans to put TEPCO under effective state control to guarantee compensation payments to the people affected by the accident. The Fukushima disaster displaced 50,000 households in the evacuation zone because of leaks of radioactive materials into the air, soil and sea. In July 2012, TEPCO received ¥1 trillion (US$12 billion) from the Japanese government in order to prevent collapse of the company to ensure electricity is still being supplied to Tokyo and its surrounding municipalities, and decommission the Fukushima Daiichi Nuclear Power Plant. TEPCO's management subsequently made a proposal to its shareholders for the company to be part-nationalized. The Nuclear Damage Compensation and Decommissioning Facilitation Corporation later became the majority stockholder to oversee the damages and decommissioning of the power plant. The total cost of the disaster was estimated at $100 billion in May 2012.

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• Tokyo Electric Power Company - Wikipedia

  Tokyo Electric Power Company Holdings, Incorporated (Japanese: 東京電力ホールディングス株式会社, Tōkyōdenryoku Hōrudingusu Kabushikigaisha; TEPCO, also known as Tōden (東電) in Japan) is a Japanese electric utility holding company servicing Japan's Kantō region, Yamanashi Prefecture, and the eastern portion of Shizuoka Prefecture. This area includes Tokyo. Its headquarters are located in Uchisaiwaicho, Chiyoda, Tokyo, and international branch offices exist in Washington, D.C., and London. It is a founding member of strategic consortiums related to energy innovation and research; such as JINED, INCJ and MAI. [...] ### Position in the industry [edit] TEPCO is the largest electric utility in Japan and the 4th largest electric utility in the world after German RWE, French Électricité de France and Germany's E.ON. As TEPCO stands in a leading position in this industry, they have relatively a strong effect for Japanese economics, environment, and energy industry. ### Management and finance [edit] For the fiscal years ending in 2011, 2012 the company had a pretax loss, in 2013 the deficit was 377.6 billion yen. In the following year 2014 red figures were expected too. ### Generation [edit] [...] | Headquarters in Chiyoda, Tokyo | | Native name | 東京電力ホールディングス株式会社 | | Romanized name | Tōkyō Denryoku Hōrudingusu kabushiki gaisha | | Formerly | Tokyo Electric Power Company, Incorporated (1951-2016) | | Type | Public KK | | Traded as | TYO: 9501 | | Industry | Electric utility | | Predecessor | The Tokyo Electric Light Company, Inc. (founded in 1883) | | Founded | May 1, 1951; 75 years ago (1951-05-01) | | Headquarters | Uchisaiwaichō, Chiyoda, Tokyo , Japan | | Area served | Tokyo, Kanagawa, Saitama, Chiba, Tochigi, Gunma, Ibaraki, Yamanashi, and east Shizuoka | | Key people | Yoshimitsu Kobayashi (Chairman) Tomoaki Kobayakawa (President) | | Services | Electric generation, transmission, and distribution | | Revenue | Increase ¥6,802.5 billion (2015) |

• Tokyo Electric Power Co Holdings Inc Company Profile - Overview - GlobalData

  Tokyo Electric Power Co Holdings Inc (TEPCO) a subsidiary of nuclear damage compensation and decommissioning facilitation corporation of Japan is an energy utility company. It is engaged in generating, transmitting, and distributing electricity. The company's main activities include the production of power using various energy sources such as LNG, heavy oil, crude oil, coal, NGL, LPG, city gas, solar, wind, and hydro. TEPCO's major services encompass electricity and gas retailing, as well as fuel transportation. The company serves a diverse range of customers across multiple industries, providing energy solutions and consulting services. TEPCO operates through a network of service centers located in Kanagawa, Tochigi, Tokyo, Gunma, Chiba, Ibaraki, Saitama, Yamanashi, and Shizuoka. Its [...] Chiba, Ibaraki, Saitama, Yamanashi, and Shizuoka. Its geographic presence extends beyond Japan, targeting both domestic and international markets. TEPCO is headquartered in Chiyoda, Tokyo, Japan.

• Company Overview | TEPCO

  | | | --- | | Company Name | Tokyo Electric Power Company Holdings, Incorporated | | Head Office | 1-1-3 Uchisaiwai-cho, Chiyoda-ku, Tokyo, 100-8560, JAPAN Phone: +81-(0)3-6373-1111 | | Representative | Tomoaki Kobayakawa, President | | Established | May 1, 1951 \The trade name was changed from "Tokyo Electric Power Company, Incorporated" due to the transition to a holding company system through a company reorganization on April 1, 2016. | | Share Capital | 1,400.9 billion yen | | Shareholders | 631,959 (at the end of FY2023) | | Net Sales (Consolidated) | 6,918.3 billion yen (as of FY2023) | | Ordinary Income/Loss (Consolidated) | 425.5 billion yen (as of FY2023) | | Net Income/Loss Attributable to Owners of the Parent (Consolidated) | 267.8 billion yen (as of FY2023) | [...] \The trade name was changed from "Tokyo Electric Power Company, Incorporated" due to the transition to a holding company system through a company reorganization on April 1, 2016. \1 The number of employees represents the total number of employees at TEPCO and its consolidated subsidiaries. \2 Electricity sales (consolidated) represents the total electricity sales volume (sum of retail electricity sales volume and wholesale electricty sales volume). ## Related information ### TEPCO Illustrated ### TEPCO Fuel & Power Company Overview ### TEPCO Power Grid Company Overview ### TEPCO Energy Partner Company Overview ### TEPCO Renewable Power Company Overview to TOP [...] | Total Assets (Consolidated) | 14,595.4 billion yen (at the end of FY2023) | | Employees (Consolidated)\1 | 38,121 (at the end of FY2023) | | Electricity Sales (Consolidated)\2 | 228.7 TWh (as of FY2023) | | Peak Demand | 55.25 GW (for FY2023) | | Affiliated Companies | 133 (at the end of December 2023) | | Fiscal Year End | March 31st. |

• TEPCO - Tokyo Electric Power Company - Develop the future of energy, deliver a comfortable life

  ## Overview TEPCO - Tokyo Electric Power Company is Japan's largest power company group and committed to delivering safe and reliable power across Tokyo, Yokohama, and surrounding area. With over 38,000 employees, TEPCO generates, distributes, and sells power across a diversified low-carbon energy portfolio. TEPCO is committed in delivering nuclear safety excellence across its assets while safely reintegrating nuclear facilities. TEPCO continues to invest in utilities infrastructure beyond Japan, in approximately 80 countries relying on TEPCO’s expertise. TEPCO is delivering reliable power and clean solutions which powers economic prosperity and enhances quality of life for the communities we serve. ### Website ### Crunchbase N/A ### LinkedIn N/A ### Industry Utilities [...] 1]; TEPCO - Tokyo Electric Power Company (1mo): TEPCO is proud to announce a significant milestone in our journey to elevate customer experience. TEPCO Energy Partner, TEPCO’s retail energy company, has been awarded the highest “Three-Star” rating in three categories—Quality Service, Customer Service, and Support Portal—by HDI-Japan, the official Japanese chapter of the Help Desk Institute, one of the world’s largest support services organizations. This achievement is particularly meaningful as it marks the first time in Japan’s electricity and gas industry that a single company has earned top ratings in all three categories simultaneously. The feedback from HDI-Japan highlighted our respectful, empathetic, and knowledgeable customer interactions; smooth, responsive, and customer-paced [...] of output fluctuations and curtailment from the expanded adoption of renewable energies. TEPCO works to establish a business model for grid-connected battery storage station business as a key driver of growth and profitability and has entered a business alliance with Daiwa House Industry Co., Ltd. to co-develop grid-connected battery storage station in this time. By combining the strengths of a power company and a construction company, we aim to support stable energy supply and contribute to a carbon-neutral society over the long term🤝 Comment from Masashi Nagasawa, Executive Vice President of TEPCO⚡： TEPCO Group has accumulated plenty technological capability and operational know-how pertaining to storage batteries and will expand grid-connected battery storage station business while

• Tepco targets $20 billion in cost cuts over 10 years | Reuters

  TOKYO, Jan 26 (Reuters) - Japan's Tokyo Electric Power (9501.T) plans to cut about 3.1 trillion yen ($20 billion) in costs over 10 years through restructuring, while seeking alliances to advance reforms and capture demand from data centres, it said on Monday. The government has approved the utility's revised business plan, which includes raising about 200 billion yen over the next three years by selling assets. Sign up here. Known as Tepco, the operator of the Fukushima Daiichi nuclear power plant that suffered one of the world's worst nuclear disasters in 2011, faces mounting costs for decommissioning, the clean-up operation and compensation. It continues to rely on government funding to cover disaster-related costs.