Hokkaido Electric Power Co Inc (9509.T)
|Market Cap (Mil.):||¥188,380.41|
|Shares Outstanding (Mil.):||215.29|
TOKYO, June 26 - Japan's Kyushu Electric Power and Hokkaido Electric Power received shareholder approval on Thursday for bailouts from a state-backed bank as the utilities struggle to cope with losses from a prolonged shutdown of nuclear reactors.
* Kyushu, Hokkaido Elec seek support from state-run bank (Adds decommissioning plans)
* Kyushu, Hokkaido Elec seek support from state-run bank (Adds comments from utilities, results)
TOKYO, April 3 - Japanese utility Hokkaido Electric Power Co said on Thursday it has received the permission from the trade minister to dip into special reserves to shore up finances.
TOKYO - Three years after the Fukushima disaster prompted the closure of all Japan's nuclear reactors, Prime Minister Shinzo Abe is moving to revive nuclear power as a core part of the energy mix, but many of those idled reactors will never come back online.
TOKYO - Kyushu Electric Power Co is in talks with state-owned Development Bank of Japan for a capital infusion, a source with knowledge of the matter told Reuters on Wednesday, making it the second utility this week to seek government support.
TOKYO - Japan's Hokkaido Electric Power Co , facing a third year of financial losses, is seeking a capital infusion from a state-owned lender, a source with knowledge of the matter said on Tuesday.
* Hokkaido Electric asks lender to buy shares for $490 mln
TOKYO - Japan's Nikkei share average fell on Tuesday, retreating from a three-week high, as sentiment was hit by a sombre business confidence survey and as utilities tumbled on a report that Hokkaido Electric Power Co will get a capital infusion from a state-owned lender.
TOKYO, April 1 - Japan's Nikkei share average fell on Tuesday, retreating from a three-week high, as sentiment was hit by a sombre business confidence survey and as utilities tumbled on a report that Hokkaido Electric Power Co will get a capital infusion from a state-owned lender. The benchmark Nikkei dropped 0.2 percent to 14,791.99 in choppy trade after rising as high as 14,870.51 earlier, the highest since March 13. Japanese business sentiment barely improved in the three m