Research Update: Tepco Holdings Outlook Revised Up To Stable After Nuclear Reactor Restart; 'BB+' Rating Affirmed - S&P Global Ratings’ Credit Research

Research Update: Tepco Holdings Outlook Revised Up To Stable After Nuclear Reactor Restart; 'BB+' Rating Affirmed

Research Update: Tepco Holdings Outlook Revised Up To Stable After Nuclear Reactor Restart; 'BB+' Rating Affirmed - S&P Global Ratings’ Credit Research
Research Update: Tepco Holdings Outlook Revised Up To Stable After Nuclear Reactor Restart; 'BB+' Rating Affirmed
Published May 20, 2026
8 pages (3366 words) — Published May 20, 2026
Price US$ 225.00  |  Buy this Report Now

About This Report

  
Abstract:

The restart of the No. 6 reactor at the Kashiwazaki-Kariwa nuclear power plant is expected to improve Tepco Holdings' stability of electricity supply and profitability. Based on the Japanese government's approval of the Fifth Comprehensive Special Business Plan, we believe that government support for Tepco is likely to continue, and from its creditor financial institutions. We have revised up to stable from negative the outlook on the long-term issuer credit rating on Tokyo Electric Power Co. Holdings Inc. We affirmed our 'BB+' long-term issuer credit rating on Tepco Holdings. Cuts to electricity procurement costs could boost Tepco Holdings' profit by about ¥100 billion a year. We base this estimate on the restarted No. 6 reactor at the Kashiwazaki-Kariwa nuclear power

  
Brief Excerpt:

...The restart of the No. 6 reactor at the Kashiwazaki-Kariwa nuclear power plant is expected to improve Tepco Holdings' stability of electricity supply and profitability....

  
Report Type:

Research Update

Issuer
GICS
Electric Utilities (55101010)
Sector
Global Issuers
Country
Region
Asia
Format:
PDF Adobe Acrobat
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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Research Update: Tepco Holdings Outlook Revised Up To Stable After Nuclear Reactor Restart; 'BB+' Rating Affirmed" May 20, 2026. Alacra Store. Nov 07, 2026. <http://www.alacrastore.com/s-and-p-credit-research/Research-Update-Tepco-Holdings-Outlook-Revised-Up-To-Stable-After-Nuclear-Reactor-Restart-BB-Rating-Affirmed-3565550>
  
APA:
S&P Global Ratings’ Credit Research. (). Research Update: Tepco Holdings Outlook Revised Up To Stable After Nuclear Reactor Restart; 'BB+' Rating Affirmed May 20, 2026. New York, NY: Alacra Store. Retrieved Nov 07, 2026 from <http://www.alacrastore.com/s-and-p-credit-research/Research-Update-Tepco-Holdings-Outlook-Revised-Up-To-Stable-After-Nuclear-Reactor-Restart-BB-Rating-Affirmed-3565550>
  
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