Tokyo Electric Power Company

Japanese electric utility holding company

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.

Tokyo Electric Power Co., Ltd.
東京電力株式会社
Company typePublic KK
TYO: 9501
OSE: 9501
NSE: 9501
IndustryElectric utility
PredecessorThe Tokyo Electric Light Company, Incorporated (founded in 1889)
FoundedTokyo, Japan (May 1, 1951 (1951-05-01))
Headquarters
Chiyoda, Tokyo
,
Japan
Area served
Tokyo, Kanagawa, Saitama, Chiba, Tochigi, Gunma, Ibaraki, Yamanashi, and east Shizuoka
Key people
Masataka Shimizu
(ex-President)
Toshio Nishizawa
(President)
ServicesElectric generation, transmission, and distribution
RevenueIncrease¥5,368.5 billion (FY 2010)
Increase¥399.6 billion (FY 2010)
Decrease¥-1,247.3 billion (FY 2010)
Total assetsIncrease¥14,790.3 billion (FY 2010)
Total equityDecrease¥1,602.4 billion (FY 2010)
Number of employees
38,671
ParentNuclear Damage Compensation and Decommissioning Facilitation Corporation Edit this on Wikidata
Websitewww.tepco.co.jp

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

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  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

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  Media related to Tokyo Electric Power Company at Wikimedia Commons