Tokyo Electric Power Company Holdings,Incorporated [9501.T]
TOKYO, Mar 31 (Pulse News Wire) – Tokyo Electric Power Company Holdings,incorporated (9501.T) received approval for its revised special business plan from the Atomic Damage Compensation and Decommissioning Support Institution on March 31. The updated plan includes increased funding requests totaling approximately 13 trillion yen due to higher estimates related to water discharge, operational losses, reputational damage, and additional decontamination costs.
Key changes in the revised plan involve an increase of around 1.14 trillion yen in requested funds compared to previous estimates. Specifically, the estimated cost associated with the release of treated water has risen by about 400 billion yen, while extended payment periods and increased compensation payouts for operational damages and indirect effects have contributed another 600 billion yen.
Additionally, anticipated growth in cleanup expenses adds approximately 140 billion yen to the total request. This revision reflects Tokyo Electric's commitment to fully compensate those affected by the nuclear accident, ensuring thorough support until the last individual receives their due.
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