Latest news with #TokyoElectricPower
Reuters
13 hours ago
- Business
- Reuters
Japan's TEPCO posts $5.8 billion in Q1 loss on Fukushima plant decommissioning
TOKYO, July 31 (Reuters) - Tokyo Electric Power Co (9501.T), opens new tab on Thursday posted 857.7 billion yen ($5.75 billion) loss for the three months ended on June 30, reflecting costs related to the decommissioning process at the Fukushima Daiichi nuclear power plant. In the same period a year ago, TEPCO posted a net profit of 79.2 billion yen. TEPCO has been conducting trial removal of nuclear fuel debris after a powerful tsunami destroyed the plant in 2011 and has been also paying out compensations. As part of the decommissioning process, the company has been also releasing treated radioactive water to the ocean. ($1 = 149.2500 yen)
CNA
19 hours ago
- Business
- CNA
Japan's JERA Q1 profit slightly down on weaker overseas business
TOKYO :JERA, Japan's biggest power utility, on Thursday posted a 1 per cent decrease in net profit for the first quarter of the fiscal year 2025 to 92.5 billion yen ($621.4 million) amid weaker overseas power generation business, including from renewable energy. JERA, a joint venture of Tokyo Electric Power and Chubu Electric Power, saw net profit in the same period of last year at 93.4 billion yen. Its revenue rose by 8.5 per cent to 830.8 billion yen on stronger domestic electricity sales. The company kept its full-year profit forecast unchanged at 230 billion yen. ($1 = 148.8600 yen)
Reuters
19 hours ago
- Business
- Reuters
Japan's JERA Q1 profit slightly down on weaker overseas business
TOKYO, July 31 (Reuters) - JERA, Japan's biggest power utility, on Thursday posted a 1% decrease in net profit for the first quarter of the fiscal year 2025 to 92.5 billion yen ($621.4 million) amid weaker overseas power generation business, including from renewable energy. JERA, a joint venture of Tokyo Electric Power (9501.T), opens new tab and Chubu Electric Power (9502.T), opens new tab, saw net profit in the same period of last year at 93.4 billion yen. Its revenue rose by 8.5% to 830.8 billion yen on stronger domestic electricity sales. The company kept its full-year profit forecast unchanged at 230 billion yen. ($1 = 148.8600 yen)
Japan Today
21 hours ago
- Climate
- Japan Today
In Japan, tsunami warning resurfaces memories of Fukushima disaster
By Satoshi Sugiyama Residents across Japan's Pacific coast rushed to higher ground on Wednesday as tsunami warnings following a massive earthquake off Russia's Far East resurfaced painful memories and lessons from the devastating 2011 earthquake and nuclear disaster. Television banners flashed "TSUNAMI! EVACUATE!" and similar warnings as most broadcasters cut regular programming to issue warnings and focus on evacuation orders, as tsunami waves approached Japan's shores. "Do not be glued to the screen. Evacuate now!" a news presenter at public broadcaster NHK shouted. The warnings resurfaced memories of the March 11, 2011, earthquake, when more than 15,000 people died after a 9.0-magnitude tremor triggered a massive tsunami that tore through the Fukushima nuclear power plant and caused a radioactive disaster. Many residents were unable to reach higher ground in time as surging waters from waves that were dozens of meters high engulfed much of the country's northeastern coast. On Wednesday, residents recalled those events as evacuation warnings were issued. "When the earthquake struck before, everyone evacuated to higher ground so I thought about doing the same," a woman in Fukushima told NHK. Workers in low-lying areas of Tokyo Electric Power's Fukushima nuclear facility suspended their decommissioning after the evacuation warning was issued and fled to higher ground. A spokesperson said the evacuation did not pose a safety concern. More than 2 million people along the Pacific coast were also instructed to head to safer areas. Many recalled lessons learnt from the 2011 disaster - known to locals as "3.11" - and braved heatstroke risks in the intense summer to reach higher ground. In Japan's coastal Mie prefecture, a 58-year-old woman died when her car fell off a cliff while she was evacuating, broadcaster TV Asahi reported. An official at the Japan Meteorological Agency warned that tsunami waves could continue to hit for a day or more. "I was at the same post office 14 years ago," a male postal office worker in Iwate prefecture told NHK. "This time, all of us said 'let's evacuate quickly.'" © (Thomson Reuters 2025.
Observer
a day ago
- Climate
- Observer
Tsunami alert recalls memories of Fukushima disaster
Residents across Japan's Pacific coast rushed to higher ground on Wednesday as tsunami warnings following a massive earthquake off Russia's Far East resurfaced painful memories and lessons from the devastating 2011 earthquake and nuclear disaster. Television banners flashed 'TSUNAMI! EVACUATE!' and similar warnings as most broadcasters cut regular programming to issue warnings and focus on evacuation orders, as tsunami waves approached Japan's shores. 'Do not be glued to the screen. Evacuate now!' a news presenter at public broadcaster NHK shouted. The warnings resurfaced memories of the March 11, 2011, earthquake, when more than 15,000 people died after a 9.0-magnitude tremor triggered a massive tsunami that tore through the Fukushima nuclear power plant and caused a radioactive disaster. Many residents were unable to reach higher ground in time as surging waters from waves that were dozens of metres high engulfed much of the country's northeastern coast. On Wednesday, residents recalled those events as evacuation warnings were issued. 'When the earthquake struck before, everyone evacuated to higher ground, so I thought about doing the same,' a woman in Fukushima told NHK. Workers in low-lying areas of Tokyo Electric Power's Fukushima nuclear facility suspended their decommissioning after the evacuation warning was issued and fled to higher ground. A spokesperson said the evacuation did not pose a safety concern. More than 2 million people along the Pacific coast were also instructed to head to safer areas. Many recalled lessons learnt from the 2011 disaster - known to locals as '3.11' - and braved heatstroke risks in the intense summer to reach higher ground. In Japan's coastal Mie prefecture, a 58-year-old woman died when her car fell off a cliff while she was evacuating, broadcaster TV Asahi reported. An official at the Japan Meteorological Agency warned that tsunami waves could continue to hit for a day or more. 'I was at the same post office 14 years ago,' a male postal office worker in Iwate prefecture told NHK. 'This time, all of us said 'let's evacuate quickly.'' Later in the day, Japan's weather agency downgraded tsunami alerts issued for a wide swath of the archipelago following a magnitude-8.8 earthquake off Russia's Kamchatka Peninsula, while keeping warnings unchanged for its northern areas. Warnings for eastern Japan's Ibaraki region all the way down to the southern Wakayama region have now been downgraded to 'advisories', Japan's weather agency said on its website.
