TEPCO (9501 JT) guides FY (JPY) net loss 641bln, oper. profit 228bln (exp. 213.9bln), rev. 6.46tln

Tokyo Electric Power Company (TEPCO) has issued guidance projecting a significant net loss for the fiscal year at 641 billion yen, surpassing expectations for an operating profit of 228 billion yen.

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TEPCO (9501 JT) guides FY (JPY) net loss 641bln, oper. profit 228bln (exp. 213.9bln), rev. 6.46tln

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This guidance suggests ongoing challenges for the company amid high operational costs, which could weigh on investor sentiment and impact the broader sector, particularly in relation to regulatory scrutiny and energy prices.

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