Tohoku Electric Power: Tour of research facility and power plant

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Tohoku Electric Power: Tour of research facility and power plant

Global Markets Research

23 June 2026Tohoku Electric Power

9506.T 9506 JP / EQUITY: JAPAN UTILITIES

RatingTour of research facility and power plant Buy

Target price JPY 1,560Quick Note

Closing price

22 June 2026 JPY 1,041.0Visit to synchrotron radiation facility and LNG-fired thermal power plant

On 22 June, we had the opportunity to tour the NanoTerasu next-generation synchrotron (Note: Quick Note reports are not a

radiation facility and Tohoku Electric Power's Shin-Sendai thermal power plant. vehicle for changes to ratings, target

prices, or earnings forecasts)NanoTerasu is a synchrotron radiation facility on Tohoku University's Aobayama Campus.

The facility, which opened in April 2024, has been designated by the government as a

specified radiation facility, and is at the cutting edge of research domains involving soft x-

rays. The facility is used for research to make batteries smaller, have higher output, and

have longer lifespans, and to develop eco-tires. One of NanoTerasu's distinctive features Research Analysts

is that it is a large-scale research facility made possible by a public–private partnership. Japan utilities & oil

This author previously visited the facility in August 2024, and it appears that use is steadily Shinichi Yamazaki - NSC

ramping up, with more lines being used than at the time of our previous visit. Plans are shinichi.yamazaki.a3@nomura.com

apparently in place to add new lines to respond to a wide range of needs. +81 3 6703 1133

The Shin-Sendai thermal power plant is an LNG-fired combined cycle thermal power plant

with units that came on stream in 2015 and 2016. Thermal efficiency is above 60%,

making this a highly efficient thermal power plant.