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Tokyo Electric Power Company Holdings ( (JP:9501) ) has provided an announcement.
Tokyo Electric Power Company Holdings announced its financial results for the fiscal year ending March 31, 2025, highlighting extraordinary income and losses. The company recorded an extraordinary income of 87.3 billion yen from grants-in-aid related to nuclear damage compensation and decommissioning. However, it also reported significant extraordinary losses, including 62.6 billion yen for disaster recovery expenses from the Great East Japan Earthquake and an additional 80.3 billion yen for nuclear damage compensations related to the Fukushima nuclear accident. These financial movements reflect TEPCO’s ongoing challenges in managing the financial repercussions of past nuclear incidents, affecting its financial stability and stakeholder confidence.
More about Tokyo Electric Power Company Holdings
Tokyo Electric Power Company Holdings, Inc. (TEPCO HD) operates in the energy sector, primarily focusing on electric power generation and distribution. The company is heavily involved in nuclear energy and has been dealing with the aftermath of the Fukushima nuclear disaster, which significantly impacts its financial and operational strategies.
YTD Price Performance: -11.51%
Average Trading Volume: 3,219
Technical Sentiment Signal: Buy
Current Market Cap: $5B
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