About Us

Corporate Profile

August, 2018

JAPAN NUCLEAR FUEL LIMITED (JNFL)

Main Activities and Services
  1. Uranium enrichment
  2. Reprocessing of spent nuclear fuel
  3. Temporary storage of nuclear fuel materials and wastes returned from overseas reprocessing plant
  4. Disposal of low-level radioactive wastes
  5. MOX fuel fabrication
  6. Transportation of uranium, low-level radioactive wastes, and spent fuel, etc.
  7. Other businesses related to above-listed activities
Capital Stock

400 billion yen

Stockholders

10 domestic electric power companies and other domestic 74companies

Office

[Headquarters]

4-108 Aza Okitsuke, Oaza Obuchi, Rokkasho, Kamikita-gun,Aomori Prefecture
TEL : +81 (0) 175 71 2000
(A postal code : 039 3212)

[Aomori Office]

Daiichi Seimei Building, 1-2-15 Honcho, Aomori City, Aomori Prefecture
TEL : +81 (0) 17 773 7171
(A postal code : 030 0802)

[Tokyo Office]

Hibiya Kokusai Building,2-2-3 Uchisaiwai-cho,Chiyoda-ku, Tokyo
TEL : +81 (0) 3 6371 5800
(A postal code : 105 0003)

Number of Employees

2,744 (as of April 2018)

Management Staff

Updated in June, 2018
Chairman
Satoru Katsuno
Executive President and CEO,Member of the Board
Kenji Kudo
Senior Executive Vice President, Member of the Board
Shun Tsubata
Senior Executive Vice President, Member of the Board
Kenzo Takase
Senior Managing Executive Officer, Member of the Board
Toshikazu Sendo
Member of the Board
Kazuhiko Ujiie
Member of the Board
Jiro Masuko
Member of the Board
Seiichi Fubasami
Member of the Board
Chiyoji Kurata
Member of the Board
Yukihiro Takabayashi
Member of the Board
Takashi Morimoto
Member of the Board
Masaki Hirano
Member of the Board
Keisuke Nagai
Member of the Board
Akira Nakamura
Member of the Board
Taiki Ichimura
Member of the Board
Tomoyuki Yokota
Member of the Board
Hiroshi Tomono
Member of the Board
Ichiro Katagiri
Standing Corporate Auditor
Yasuhito Miyazaki
Standing Corporate Auditor
Hideyuki Tanouchi
Corporate Auditor
Yoshisada Kafuku
Corporate Auditor
Takashi Otake

Leadership/Profile

Executive President and CEO, Member of the Board
Kenji KUDO
Position: President and Member of the Board
Place of Birth: Ooita Prefecture
Education: Bachelor of Laws, Kyushu University, March 1976
Career Details:
April 1976 Joined Tokyo Electric Power Company, Inc. (TEPCO)
June 2007 Executive Officer and General Manager, Nuclear Power and Plant Siting Administration Dept.
October 2009 Joined Japan Nuclear Fuel Ltd. (JNFL) as Director and Member of the Board, Head of Public Relations Office
June 2010 Managing Executive Director and Member of the Board, Head of Public Relations Office
June 2011 Senior Managing Executive Director and Member of the Board, Head of Public Relations Office
June 2013 Senior Executive Vice President and Member of the Board, Head of Public Relations Division
June 2014 President and Member of the Board
Up to present
Senior Executive Vice President, Member of the Board
Shun TSUBATA
Position: Senior Executive Vice President and Member of the Board
Place of Birth: Aomori Prefecture
Education: Bachelor of Engineering, Tohoku University, March 1977
Career Details:
April 1977 Joined Tohoku-Electric Power Co., Inc.
June 2009 Executive Officer, Site Superintendent of Higashidori Nuclear Power Station
June 2012 Senior Executive Officer, Site Superintendent of Onagawa Nuclear Power Station
June 2014 Joined Japan Nuclear Fuel Ltd. (JNFL) as Senior Executive Vice President and Member of the Board, Head of Aomori Office
June 2016 Senior Executive Vice President and Member of the Board, Head of Aomori Office
February 2017 Senior Executive Vice President and Member of the Board, Chief Technical Officer and Head of Aomori Office
June 2017 Senior Executive Vice President and Member of the Board, Aomori Representative, and Head of Aomori office
June 2018 Senior Executive Vice President and Member of the Board, Head of Reprocessing Business Division,
Up to Present
Senior Executive Vice President, Member of the Board
Kenzo TAKASE
Position: Senior Executive Vice President and Member of the Board
Place of Birth: Tochigi Prefecture
Education: Bachelor of Laws, Keio University, March, 1980
Career Details:
April 1980 Joined Tokyo Electric Power Company, Inc. (TEPCO)
September 2013 General Manager, Nuclear Safety Management Dept.
June 2014 Joined Japan Nuclear Fuel Ltd. (JNFL) as Executive officer, Head of Public Relations Division
June 2015 Managing Executive Officer and Member of the Board, Head of Public Relations Division.
June 2016 Managing Executive Officer, Head of Public Relations and General Administration Division, and Deputy Head of Aomori Office
June 2018 Senior Executive Vice President and Member of the Board, Aomori Representative, Deputy Head of Public Relations Division and General Administration Division
Up to Present

Organization Chart

February,2017

Finance

Updated in July, 2018
  • Term
  • Accounting year

  • 35th
  • March, 2014
  • 36th
  • March, 2015
  • 37th
  • March, 2016
  • 38th
  • March, 2017
  • 39th
  • March, 2018
Sales
(Million yen)
286,885 290,947 295,448 308,767 265,800
Ordinary profit
(Million yen)
9,097 2,332 2,660 12,088 6,409
Current net income
(Million yen)
5,413 713 127 7,245 2,250
Return on investment applying the equity method
(Million yen)
- - - - -
Capital stock
(Million yen)
400,000 400,000 400,000 400,000 400,000
Aggregate number of issued shares
(1000 stocks)
60,000 60,000 60,000 60,000 60,000
Net assets
(Million yen)
572,168 573,987 574,115 581,360 583,418
Total assets
(Million yen)
2,582,011 2,521,307 2,414,570 2,316,200 2,460,844
Net assets per share
(Yen)
9,536.14 9,566.46 9,568.58 9,689.34 9,723.64
Dividend per share (in that, interim dividend per share)
(Yen)
-
(-)
-
(-)
-
(-)
-
(-)
-
(-)
Current net income per share
(Yen)
90.23 11.89 2.12 120.75 37.50
Diluted net income per share
(Yen)
- - - - -
Capital adequacy ratio
(%)
22.2 22.8 23.8 25.1 23.7
Rate of return on equity
(%)
1.0 0.1 0.0 1.3 0.4
Price-earnings ratio
(-fold)
- - - - -
Dividend payout ratio
(%)
- - - - -
Cash flow from operations
(Million yen)
59,940 96,198 98,558 168,114 303,139
Cash flow from investments
(Million yen)
△85,638 72,579 36,647 △106,435 △266,497
Cash flow from financial activities
(Million yen)
△26,195 △22,238 △59,108 △49,644 △76,776
Term-end balance of cash and cash equivalents
(Million yen)
161,817 308,357 384,454 396,488 356,354
Number of employees
(Persons)
2,412 2,397 2,413 2,487 2,535

(Note)

  1. Amount of sales does not include the consumption tax.
  2. JNFL has not created a consolidated financial statement, so the transition of major management indices related to the consolidated fiscal year is not included.
  3. Information regarding the return on investment applying the equity method has been omitted because of associated companies where importance to earnings standards and earned surplus standards is lacking.
  4. Information on diluted net income per share is not included because there are no dilutive shares.
  5. JNFL's shares are not listed, so the price-earnings ratio is not included.

Statements of Income Abstract

Updated in July 2018

(Unit: one million yen)

Prior business year
(From April 1, 2016
Till March 31, 2017)
Prior business year
(From April 1, 2017
Till March 31, 2018)
Net sales 308,767 265,800
Total cost of sales 266,724 231,535
Gross profit 42,042 34,264
Selling, general and administrative expenses 19,915 19,490
Operating income 22,126 14,773
Total non-operating income 1,119 6,549
Interest income 5 5
Interest on securities 10 8
Foreign currency transaction gain 23 1,675
Contribution for decommissioning including processing facilities 3,970
Company housing rent income 237 231
facilities/institutions rent income 353 330
Fiduciary obligation fee 119 54
Proceeds from miscellaneous income 367 274
Non-operating expenses 11,157 14,913
Interest expenses 9,417 8,254
Interest on bonds 161 53
Guarantee commission 1,275 1,530
Decommissioning asset reversal loss 3,634
Miscellaneous loss 303 1,441
Ordinary income 12,088 6,409
Total extraordinary losses 1,990 1,064
Loss on retirement of noncurrent assets 1,990 1,064
Income before income taxes 10,097 5,344
Total income taxes 2,852 3,094
Net income 7,245 2,250

Outline of the Facility

Updated in April 2018

Location Scale Construction period Construction cost
Reprocessing Plant Iyasakatai, Rokkasho, Kamikita-gun, Aomori Prefecture Maximum processing ability:
800 ton Uranium/year
Spent fuel storage capacity
3,000 ton Uranium
Start of construction: 1993
Completion of construction: The first half of FY2021
About 2 trillion 193 billion yen
Vitrified Waste Storage Center Iyasakatai, Rokkasho, Kamikita-gun, Aomori Prefecture Returned waste storage capacity:
Vitrified waste
2,880
Start of construction: 1992
Start of operations: 1995
About 125 billion yen
MOX Fuel Fabrication Plant Iyasakatai, Rokkasho, Kamikita-gun, Aomori Prefecture Maximum fabrication ability
130 ton - HM(#1)/year
Product:
MOX fuel assemblies for domestic light-water reactors (BWR, PWR)
Start of construction: 2010
Completion of construction: The first half of FY2022
About 390 billion yen
Uranium Enrichment Plant Oishitai, Rokkasho, Kamikita-gun, Aomori Prefecture Operations started with 150 ton SWU/year.
Eventually, 1,500 ton SWU/year
Start of construction: 1988
Start of operations: 1992
About 250 billion yen
Low-Level Radioactive Waste Disposal Center Oishitai, Rokkasho, Kamikita-gun, Aomori Prefecture Authorized capacity : 80,000 m3 (equivalent to 400,000 of 200-liter waste drums)
planned to be expanded to 600,000 m3 (equivalent to 3 million of 200-liter waste drums)
Start of construction: 1990
Start of operations: 1992
About 160 billion yen (#2)

The relationship between the facility name and statutory name (within brackets) is as follows:

#1: HM (Heavy Metals): Unit indicating the mass of the metallic components in Plutonium and Uranium within MOX
#2: Construction cost for about 200,000 cubic meter (equivalent to about one million 200-liter drums) low-level radioactive waste

History

Updated in February 25, 2016

Year Month Fact
1980 March 1 Japan Nuclear Fuel Service Limited was established.
1984 July 24 The Federation of Electric Power Companies requested the establishment of 3 nuclear fuel cycle facilities in the Mutsuogawara Industrial Park to Aomori prefecture, and Rokkasho village.
1985 March 1 Japan Nuclear Fuel Industry Limited was established.
April 18 Governor of Aomori prefecture and Mayor of Rokkasho village accepted the request of The Federation of Electric Power Companies.
April 18 "The Basic Agreement about Cooperation in the Establishment of Nuclear Fuel Cycle Facilities" was concluded with Aomori prefecture and Rokkasho village.
1987 May 26 Applied licence for the approval to uranium enrichment business.
1988 April 27 Applied licence for the approval to low-level, radioactive waste disposal business.
August 10 Approval was granted on uranium enrichment business.
October 14 Construction of the Uranium Enrichment Plant started.
1989 March 30 Applied licence for the reprocessing business and for the wastes management business.
1990 November 15 Approval was granted on low-level radioactive waste disposal business.
November 30 Construction of the Low-Level Radioactive Waste Disposal Center started.
1991 September 20 ROKKASHO VISITORS CENTER opened.
1992 January 22 Merger agreement was signed between Japan Nuclear Fuel Service Limited and Japan Nuclear Fuel Industry Limited.
March 27 The Uranium Enrichment Plant started operation.
April 3 Approval was granted on waste management business.
May 6 Construction of the High-Level Radioactive Waste Storage Center started.
July 1 Japan Nuclear Fuel Service Limited and Japan Nuclear Fuel Industry Limited merged to create Japan Nuclear Fuel Limited.
December 8 The Low-Level Radioactive Waste Center started operation.
December 24 Approval was granted on reprocessing business.
1993 April 28 Construction of the Reprocessing Plant started.
1995 April 26 The High-Level Radioactive Waste Storage Center started operation.
1999 December 3 Official start of spent fuel receipt and storage.
2000 November 20 JNFL announced to be the main party of the Mox fuel fabrication.
2001 August 24 JNFL requested cooperation for the establishment of MOX Fabrication Plant to Aomori prefecture and Rokkasho village.
2002 November 1 The Chemical Test started at the Reprocessing Plant.
2003 June 1 Headquarters was moved to Rokkasho village from Aomori city.
June 6 JNFL established "J-Tech" a subsidiary company for maintenance of machinery and equipment.
2004 December 21 The Uranium Test was started at the Reprocessing Plant.
2005 April 19 "The Basic Cooperation Agreement for location of MOX Fuel Fabrication Plant" concluded with Aomori prefecture and Rokkasho village.
April 20 Applied licence for the approval to MOX Fuel Fabrication business.
2006 March 29 "The Agreement regarding the assurance of safety and presentation of the environment of the surrounding area relative to the receiving and the storage of spent fuel and the handling of Spent Fuel for Active Test" concluded with Aomori prefecture and Rokkasho village.
March 31 "The Agreement regarding the assurance of safety and presentation of the environment of the surrounding area relative to the receiving and the storage of spent fuel and the handling of Spent Fuel for Active Test" concluded with the adjoining municipalities of Misawa city, Tohoku town, Higashidori village, Yokohama town and Noheji town.
March 31 The Active Test (the final commissioning test) was started at the Reprocessing Plant.
2010 May 13 Approval was granted on MOX Fuel Fabrication business.
October 28 Construction of the MOX Fuel Fabrication Plant started.