Tokyo Electric Power Co. Hits Day Low Amid Price Pressure at JPY 684.50

Tokyo Electric Power Co. Holdings, Inc. experienced a notable decline today, with the stock dropping by 4.04% to touch an intraday low of JPY 684.50. This performance contrasts with the Japan Nikkei 225, which fell by 1.12% on the same day. Over the past week, the stock has decreased by 0.61%, while its monthly performance shows a slight increase of 0.09%. In terms of longer-term performance, Tokyo Electric Power has seen a significant annual gain of 75.03%, outpacing the Nikkei 225's 46.92% increase. However, the company has faced challenges, including a high debt-to-equity ratio of 1.95 and a modest return on capital employed (ROCE) of 1.64%. Additionally, the company reported a concerning growth in raw material costs, which increased by 69.35% year-over-year. Despite a high dividend yield of 2.7%, the stock's fundamentals indicate potential risks, particularly with a decline in profits of 45.2% over the past year. Investors may want to consider these factors when evaluating the company's current market position.