Tokyo Electric Power traded at 558.50 this Monday May 18th, decreasing 34.20 or 5.77 percent since the previous trading session. Looking back, over the last four weeks, Tokyo Electric Power lost 8.67 percent. Over the last 12 months, its price rose by 37.39 percent. Looking ahead, we forecast Tokyo Electric Power to be priced at 569.11 by the end of this quarter and at 503.83 in one year, according to Trading Economics global macro models projections and analysts expectations.
Tokyo Electric Power Company Holdings, Incorporated is a Japan-based company principally engaged in the electricity business. The Company operates in four business segments. Holdings segment is involved in the management support and the provision of common services to core business companies, as well as the sale of electricity from hydroelectric power generation and nuclear power generation. Fuel & Power segment in involved in the sale of power from thermal power and procure fuel, the development of thermal power, as well as the investment in the fuel business. Power Grid segment is involved in the supply of electricity by transmission, transformation and distribution, the construction and maintenance of transmission, distribution and communication equipment, as well as the investigation, acquisition and maintenance of equipment land and buildings. Energy Partner segment provides total solutions and services in accordance with customer requirements and provides power supply.