Shares in Tokyo Electric Power (TEPCO) were down more than 12.8 percent to 738 yen after it became clear over the weekend that Japan faces a protracted struggle to bring the company's quake-stricken nuclear plant under control.
Radiation at the Fukushima Daiichi nuclear plant has soared in recent days, with readings on Sunday showing contamination 100,000 times normal in water at reactor No. 2 and 1,850 times normal in the nearby sea, more than two weeks after the March 11 quake and tsunami. Adding to difficulties faced by engineers battling the emergency, the area was rocked by a fresh magnitude 6.5 aftershock on Monday. ID:nL3E7ER060
Shares in Japan Tobacco Inc 2914.T fell 2.2 percent to 307,000 yen after the company, which holds a two-third share of the domestic tobacco market, said it would halt shipments in Japan for 12 days from next Wednesday due to procurement and production problems after this month's devastating quake.
Tokyo Gas 9531.T gained 1.1 percent to 368 yen after the company hiked its net profit forecast for the business year to March 31 to 98 billion yen ($1.21 billion) from 71 billion yen on a jump in demand from factories in January and February and an increase in gas use by households due to a cold winter.
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