...October 29, 2019 TOKYO (S&P Global Ratings) Oct. 29, 2019--S&P Global Ratings today said Tokyo Electric Power Company Holdings Inc.'s (##+/Stable/B) financial soundness is unlikely to be severely impacted by the extensive burden of providing financial support to Japan Atomic Power Co. TEPCO Holdings on Oct. 28, on releasing its earnings results for the April-September 2019 period, announced plans to provide financial assistance for Japan Atomic Power's Tokai No. 2 nuclear power plant. We assume the scale of the aid package will exceed Ñ200 billion. TEPCO Holdings' financials will likely be able to tolerate the stress as we expect the electric power company to generate solid earnings in the next few years. It holds a near monopoly over greater Tokyo's electricity market, accounting for roughly a third of national electricity sales. It has generated profit for seven straight years, despite having to contend with the financial burden of compensation related to the crisis at its Fukushima No....
