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TEPCO Targets $20 Billion Cost Cuts as Fukushima Risks Force Strategic Reset
Yahoo Finance· 2026-01-26 11:34
Tokyo Electric Power Company Holdings (TEPCO) has unveiled its Fifth Comprehensive Special Business Plan, placing Fukushima Daiichi decommissioning at the center of its strategy while committing to ¥3.1 trillion ($19–20 billion) in cumulative cost reductions over FY2025–FY2034, alongside asset sales and potential alliances to repair a weakened financial base. The plan marks a clear reset from the previous roadmap, acknowledging that TEPCO lacks the financial resilience to simultaneously fund Fukushima de ...