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© (c) Copyright Thomson Reuters 2013.TEPCO sees steady recurring profit over 10-year period
By Yoshifumi Takemoto TOKYO©2024 GPlusMedia Inc.
22 Comments
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gogogo
Go to hell Tepco, you should not be operating to get a profit, you should be operating to give cost effective power and clean up Fukushima before profits!
homleand
Breaking up TEPCO would have disastrous consequences, which is exactly why it has not happened.
Disillusioned
So, a company that takes billions of dollars in public money starts bragging about how thru are gonna turn over a profit? How about the scum bags pay back some of the public funds with heir profits?
warispeace
We can guess that a whole lot of wealthy investors, probably many with connections to the LDP, picked up TEPCO stock when it was bottoming out and this is all about fixing the books through public funding, increased electricity fees and creative accounting to raise stock values.
Yubaru
Disillisioned my thoughts exactly; pay back what you borrowed from the public FIRST, then start talking about profits.
BUT, the article states that they hedge this forecast based upon the need of having to start up "its biggest nuclear plant, according to a source familiar with matter."
That is BS plain and simple, TEPCO should no longer have a license to operate ANY nuclear plants anywhere on this planet.
Ranger_Miffy2
Yeah, right. Tepco will turn a profit IF:
They can pretty please turn on those giant Niigata npp AND have no accidents/disasters there. Don't include the massive cost of decommissing Fukushima's npp. Trillions of yen there!Using the same logic, I can say I am really wealthy as long as I don't include my zillions of dollars due for my student loan and my rent.
What a ridiculous story. Can't believe this was not posted in "crime", or "comedy"; take your pick.
Tepco, get the he11 real.
Skeeter27
TEPCO should be gone already!!! There are hundreds if not thousands of people that are not home and still in temporary housing! WTF! How can anyone t TEPCO go to bed and sleep well at night?
My electric bill has skyrocketed! If and when there is an alternative company to buy power from I will switch !
TEPCO does NOT deserve my business or money!
Utrack
TEPCO's supposed profit margin looks like the figure of how many becquerels of cesium is let out into the atmosphere every few hours at Fukushima Daiichi NPP. Mind you it does not reach the jet stream so it stays local. Clean Up this mess TEPCO because there is NO Profit.
Study: Fukushima released 100 quadrillion becquerels of cesium into atmosphere… In just ONE day — About equal to Chernobyl’s total release Published: August 29th, 2013 at 9:56 am ET
http://enenews.com/fukushima-worst-nuclear-disaster-history-reveals-study-one-day-releases-japan-plant-100-quadrillion
Lowly
This is just wrong on many levels.
Why does Tepco exist? (as others have said...)
Utrack
I Meant this article: Tepco: Radiation levels from Fukushima increasing — Now releasing 70,000,000 Bq/hr
http://enenews.com/tepco-admits-radiation-levels-fukushima-increasing-releasing-70000000-bqhr-reactor-3-leaking
Ron Barnes
Well if Japan has not learnt by now no Nuclear power is safe as nature will always be stronger than anything man can build Thus nuclear energy in this region should never be allowed again and all Nuclear power plants dismantled..
homleand
@zichi
If TEPCO were broken up, who would run East Japan's electric grid? Do you not think the opportunity wouldn't have been taken to put in place an even more corrupt and Amakudari run utility company?
StormR
They should not be talking about profit when they need to clean up the mess they made and compensate 1,000s of people, and before they DO start making huge profits they need to reduce the price of electricity that they over charge us.,
Open Minded
TEPCO is just an old acronym that everyone wants to get rid of!
Mirai Hayashi
Wasn't there an article just a few months ago about TEPCO execs complaining that the company was strapped for cash? Now, they are pulling a profit? REALLY...Well great...now you can pay for all of the damages on your own without the tax payers help. And you can pay for all of the law suits that you're going to be snowballed with once this news gets around.
smithinjapan
Okay, okay... hang on. TEPCO is now bragging about profit and desiring their biggest plant go back online only a few days after demanding trillions from the government for alternative energy, getting massive handouts, and still not having paid pretty much ANY compensation to victims of Fukushima (and don't forget TEPCO still wants to save the number 5 and 6 reactors there despite government orders to scrap them!)??
WHY AREN'T THESE PEOPLE IN PRISON?!
Disillusioned
In sure I'm not the only one that feels a flash of rage when they receive their TEPCO bill.
racing409
I think the world should wake the hell up. with the danger involved.The radiation has already reached our west coast ! knowledge is powerful People learn to go green.make your own fuel,power your home,car. It doesn't take a engineering degree to do so.do your due diligent.and when the government tells you its illegal.remind them they work for you and shut the hell up period ! Its all about the money. get off the grids
hereforever
So exactly why did they increase the cost of electricity and exactly why are families up north living in government made shacks that are falling apart? There's more but I'm sure you all get the point!
Utrack
With all the lives affected by the Fukushima Daiichi NPP Disaster and with the state of affairs at said plant, there is no way TEPCO, even if allowed to restart any reactors, should publish that they are making Billions of Yen in Profit. They should be talking about humanitarian plans to help those that had to be evacuated not, Oh we get to line our pockets with profits if allowed to start a reactor.