|Bid||0.0000 x 0|
|Ask||0.0000 x 0|
|Day's range||3.4700 - 3.4700|
|52-week range||2.4800 - 6.1600|
|Beta (5Y monthly)||0.32|
|PE ratio (TTM)||10.64|
|Forward dividend & yield||N/A (N/A)|
|Ex-dividend date||27 Sep 2010|
|1y target est||N/A|
Japanese nuclear regulators said Wednesday that the world's largest nuclear power plant, owned by the utility behind the Fukushima nuclear crisis, will not restart anytime soon due to serious holes in the anti-terrorism measures found at the facility. The Nuclear Regulation Authority at its weekly meeting decided to suspend further safety inspection and other processes for a restart of the No. 7 reactor at the Kashiwazaki-Kariwa nuclear power plant on the northern Japanese coast in Niigata prefecture.
Shares of Tokyo Electric Power (Tepco) fell the most in eight years on Wednesday after Japan's atomic regulator found safety breaches at its Kashiwazaki Kariwa station and a government minister said the plant will not restart soon. Tepco shares had surged in recent months on hopes it would be able to restart Kashiwazaki Kariwa, the world's biggest nuclear power station, after years of trying to convince regulators and local residents it had learnt the lessons of the Fukushima disaster 10n years ago. Regulators used their most serious evaluation - known as a red evaluation - of Tepco's breaches that included failure to protect nuclear materials.
The head of the wrecked Fukushima nuclear plant says there's no need to extend the current target to finish its decommissioning in 30-40 years despite uncertainties about melted fuel inside the plant's three reactors. Ten years after meltdowns of three of its reactors following a massive March 2011 earthquake and tsunami that devastated northeastern Japan, the Fukushima Daiichi plant has stabilized but faces new challenges. The removal of spent fuel units from cooling pools is already being delayed for up to five years.