TEPCO: More Cost Cuts

A government panel overseeing the restructuring of TEPCO said Monday that the company slash 7400 jobs, sell off assets and review its price-setting policy in.... s survival, coming on the day it reported a first-half net loss of more than $8 billion ... The restructuring plan also outlines cost cuts, asset sales and other steps.... [Cost Reductions]Personnel expenses ... Reduction of Salaries and Bonuses ... further reduction by going through the personnel scheme in more detail, such as.... Even more worryingly for Tepco, which generated revenues of nearly ... an active interest in how Tepco cuts its costs a back-seat driver role.... In addition, TEPCO had to agree to a cost-cutting plan and other changes. ... [A]ny plan that does not include nuclear energy would be nothing more than.... The panel's cost-cutting recommendations are expected to be ... In addition, Tepco needs to build more thermal power plants to make up for the.... If Japan does decide to nationalize Tepco, that does not mean conditions will get better. It will look better for the Japanese tax payers, but cost cutting might.... Tokyo Electric Power Co. said net income will rise 19 percent this fiscal year and that it will put off an increase in electricity rates in favor of more cost cuts.. Now, TEPCO's customers pay additional charges to TEPCO. ... Pursuing cost cuts must not affect the safety of its business and the efforts to avoid more accidents.... The Japanese utility benefited from fuel cost adjustments amid a decline in the volume of its electricity sales.. Tokyo Electric Power Co. has to cut 7400 jobs and reduce costs by 2.5 trillion yen ... investigating the utility's finances after the Fukushima nuclear disaster said.. Tokyo, 22 January 2019 The nuclear water crisis at the Fukushima Daiichi ... by short term cost cutting by the Japanese government and TEPCO, ... that would have avoided threatening further contamination of the ocean.. Tokyo Electric Power Company Holdings, Incorporated also known as Toden (, Tden) or ... In 2007, TEPCO was forced to shut the Kashiwazaki-Kariwa Nuclear Power ... The total cost of the disaster was estimated at $100bn in May 2012. ... promoting all-electric housing in order to both achieve the more efficient use of.... Tokyo: Japan's biggest utility, Tokyo Electric Power Co (Tepco, plans to buy coal from a wider group of suppliers in a drive to cut costs as it.... Cost-cutting keeps Tepco in black but nuclear redress taking toll ... Tokyo Electric Power Company Holdings Inc., better known as Tepco, did.... In May, the electric company commonly known as Tepco, proposed to lower its labor costs by about 54 billion yen in the year through March 2012 by cutting wages and bonuses. Tepco now plans to cut pension benefit rates for both current and former employees, the Nikkei said.. T> plans an additional 100 billion yen ($1.3 billion) in cost cuts and is ... Tepco unveiled an initial cost-cutting plan aiming at more than 2.5 trillion yen in cost.... Nuclear regulator says cost-cutting culture creating mistakes, delays at Fukushima ... 2 reactor, left, are seen in this photo of work at the Fukushima Daiichi ... RelatedJapan gov't may keep Reconstruction Agency for 10 more.... Tepco seen reaping $1B pretax profit by cutting costs ... By squeezing costs, including labor expenses, Tepco appears to have earned more than 100 billion yen.... The Fukushima Nuclear Accident Independent Investigation Commission reported that TEPCO put more emphasis on cost cutting while giving lip service to...

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