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Tokyo Electric Power Company Holdings ( (JP:9501) ) has issued an announcement.
Tokyo Electric Power Company Holdings has received a grant of 21.1 billion yen from the Nuclear Damage Compensation and Decommissioning Facilitation Corporation (NDF) as part of its Special Business Plan. This financial assistance aims to support TEPCO in managing compensation payments related to the nuclear accident, ensuring that the company can continue its operations with a focus on understanding and compassion for those affected. The grant is part of a broader financial strategy, with TEPCO having previously received significant indemnity payments and grants from the NDF, highlighting the ongoing financial challenges and commitments the company faces in the aftermath of the nuclear accident.
The most recent analyst rating on (JP:9501) stock is a Buy with a Yen639.00 price target. To see the full list of analyst forecasts on Tokyo Electric Power Company Holdings stock, see the JP:9501 Stock Forecast page.
More about Tokyo Electric Power Company Holdings
Tokyo Electric Power Company Holdings, Incorporated (TEPCO) operates in the energy sector, primarily focusing on electricity generation and distribution. It is a major utility company in Japan, listed on the Prime Market of the Tokyo Stock Exchange, and is involved in nuclear energy production and related services.
Average Trading Volume: 93,290,149
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen1057.3B
Find detailed analytics on 9501 stock on TipRanks’ Stock Analysis page.