9K Billion Yen financial support from JP Gov to Tepco / Over 30 years to refund

9K Billion Yen financial support from JP Gov to Tepco / Over 30 years to refund

On 3/23/2015, Board of Audit of Japan reported the financial support from the Nuclear Damage Compensation and Decommissioning Facilitation Corporation to Tepco sums up to 9K billion (9,000,000,000,000 / 9 Trillion in US way) Yen by now.

The Nuclear Damage Compensation and Decommissioning Facilitation Corporation is invested by Japanese government and other power companies.

 

The corporation plans to collect the fund from Tepco’s profit and sales profit of Tepco’s company stock. However the company stock is only valued at approx. 1K Billion Yen.

From their simulation, it may take over 30 years to collect the entire fund, but they admit it can take longer than that.

Unless they boost the stock price of Tepco, they would not be able to collect the fund.

 

Related article.. Tepco received 36th financial support of 78.3 billion yen [URL]

 

http://www.jbaudit.go.jp/pr/kensa/result/27/h270323.html

http://www.jbaudit.go.jp/pr/kensa/result/27/pdf/270323_zenbun_01.pdf

http://www.tepco.co.jp/cc/press/2015/1249054_6818.html

 

 

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Français :

9 000 milliards de Yens d’aide financière gouvernementale pour Tepco : plus de 30 ans pour rembourser

 

Le 23 mars 2015, le Bureau d’Audit du Japon a rapporté que, pour Tepco, l’aide financière du Nuclear Damage Compensation and Decommissioning Facilitation Corporation atteint à présent 9 000 milliards de Yens (9 000 000 000 000 / 9 Trillions US).
La Nuclear Damage Compensation and Decommissioning Facilitation Corporation est financée par le gouvernement japonais et des compagnies d’électricité.

Cette entreprise prévoit de récupérer ses fonds sur les bénéfices et les ventes des stocks de Tepco. Néanmoins, les avoirs en stock sont estimés à seulement environ 1 000 milliards de Yens.
D’après leur simulation, il faudra sans doute plus de 30 ans pour récupérer la totalité des fonds et ils reconnaissent que ça pourrait être encore plus long.
Ils ne récupèreront jamais leurs fonds, sauf à faire monter la valeur des stocks de Tepco.

Article lié : Tepco a reçu son 36e soutien financier de 7,83 milliards de yens

http://www.jbaudit.go.jp/pr/kensa/result/27/h270323.html
http://www.jbaudit.go.jp/pr/kensa/result/27/pdf/270323_zenbun_01.pdf
http://www.tepco.co.jp/cc/press/2015/1249054_6818.html

Comments

  1. JEC
    JEC 1 April, 2015, 00:48

    Guess TEPCO is saving yen by dilution of solution! From FukushimaUpdate:
    It has been discovered that TEPCO had diluted the anti-dispersal agent sprayed to prevent the dispersal of coarse particulate dust containing radioactive substances to one-tenth of that recommended by the maker and had also greatly reduced the number of applications of the agent. These reductions took place between August 2012 and sometime in the summer of 2013.
    Industrial accidents are also rising sharply. In FY2013, the number of industrial accidents, excluding cases of heat stroke, was 23, but this had risen to 40 up to November 2014. One worker fatality occurred on January 19, 2015, and a further fatality also occurred at Fukushima Daini Nuclear Power Station on January 20.

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