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Japan approves Tepco's plan to cut costs by $20–25B, aiming for cash flow recovery by 2034.
The Japanese government has approved Tokyo Electric Power Company's (Tepco) revised business plan, authorizing ¥3.1 trillion ($20–25 billion) in cost cuts over 10 years starting fiscal 2025.
The plan includes asset sales worth ¥200 billion within three years, reduced capital spending, and a push for partnerships to fund grid upgrades and data center growth.
Tepco expects a ¥641 billion loss for fiscal 2026, driven by Fukushima-related costs, and aims to return to positive cash flow by 2034.
Success hinges on restarting reactors at Kashiwazaki-Kariwa, ongoing decommissioning efforts, and securing external capital amid financial strain.
Japón aprueba el plan de Tepco para reducir costos en $ 2025B, con el objetivo de recuperar el flujo de efectivo para 2034.