Tokyo Electric Power Company

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Tokyo Electric Power Co., Ltd.
東京電力株式会社
TypePublic KK
Traded asTYO: 9501
OSE: 9501
NSE: 9501
IndustryElectric utility
Predecessor(s)The Tokyo Electric Light Company, Incorporated (founded in 1889)
When it was createdTokyo, Japan (May 1, 1951 (1951-05-01))
HeadquartersChiyoda, Tokyo, Japan
Area servedTokyo, Kanagawa, Saitama, Chiba, Tochigi, Gunma, Ibaraki, Yamanashi, and east Shizuoka
Key peopleMasataka Shimizu
(ex-President)
Toshio Nishizawa
(President)
ServicesElectric generation, transmission, and distribution
Money earnedIncrease¥5,368.5 billion (FY 2010)
Operating incomeIncrease¥399.6 billion (FY 2010)
Net incomeDecrease¥-1,247.3 billion (FY 2010)
Total assetsIncrease¥14,790.3 billion (FY 2010)
Total equityDecrease¥1,602.4 billion (FY 2010)
Employees38,671
Websitewww.tepco.co.jp

Tokyo Electric Power Co., Ltd. (東京電力株式会社, Tōkyō Denryoku Kabushiki-gaisha, TYO: 9501), also known as Toden (東電, Tōden) or TEPCO, is a Japanese company that sells electrical power in Japan's Kantō region, Yamanashi Prefecture, and the eastern part of Shizuoka Prefecture. This area includes Tokyo. Its headquarters are in Uchisaiwaicho, Chiyoda, Tokyo. It has international offices in Washington, D.C., and London.

After the March 2011 Tōhoku earthquake and tsunami, its power plant at Fukushima Daiichi became a continuing nuclear disaster. The Fukushima disaster forced 50,000 households to leave the evacuation zone because of radiation leaks into the air, soil and sea.[1]

Tokyo Prefecture is the largest shareholder in the company with 9.37 percent voting rights. [2]

References[change | change source]

  1. Takahiko Hyuga and Tsuyoshi Inajima (June 10, 2011). "Police to Send Riot Squads to Tepco Meeting". Bloomberg.
  2. "Tokyo becomes largest shareholder in TEPCO," Mainichi Shimbun. 11 April 2012.

Other websites[change | change source]

Media related to Tokyo Electric Power Company at Wikimedia Commons