tiprankstipranks
Trending News
More News >

TEPCO Secures Additional Funding for Nuclear Damage Compensation

Story Highlights
TEPCO Secures Additional Funding for Nuclear Damage Compensation

Don’t Miss TipRanks’ Half-Year Sale

Tokyo Electric Power Company Holdings ( (JP:9501) ) just unveiled an announcement.

Tokyo Electric Power Company Holdings (TEPCO) has secured a grant of 7.6 billion yen from the Nuclear Damage Compensation and Decommissioning Facilitation Corporation to aid in compensation efforts following a nuclear accident. This financial assistance is part of a broader effort to address the financial liabilities stemming from the incident, ensuring that affected individuals receive necessary support. The grant is a continuation of TEPCO’s ongoing commitment to manage the aftermath of the nuclear accident with empathy and responsibility.

More about Tokyo Electric Power Company Holdings

Tokyo Electric Power Company Holdings, Incorporated (TEPCO) operates in the energy sector, focusing on electricity generation and distribution. The company is a major player in Japan’s energy market, with a significant emphasis on nuclear power and its associated challenges.

Average Trading Volume: 38,110,170

Technical Sentiment Signal: Sell

Current Market Cap: Yen651.3B

See more insights into 9501 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1