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Actions for Management Streamlining (FY2012)

Actions for Comprehensive Special Business Plan (the revise was approved in May 2012)

According to the “Comprehensive Special Business Plan” approved by the minister in-charge on May 9, 2012, TEPCO is engaging in the drastic streamlining of operations, including cost reduction by 3,365 billion yen in total during a 10-year period from FY2012 to 2021 and asset sale worth 707.4 billion yen within a 3-year period from FY2011 to 2013 in principle.

*The revise of electricity rate applied on May 11, 2012 was approved on July 25 in the same year after reflecting the instruction based on the assessment policy of the Ministry of Economy, Trade and Industry.
TEPCO considers further cost reduction based on the above instruction as well.

Cost Reductions Measures Result (¥ billion) Target (¥ billion)
  FY 2012 results FY2013 Total of 10 years
(FY2012-2021)
Procurement expenses of
materials and Services
111.2
(45.9)
49.2 664.1
Power purchase and fuel
expenses
100.4
(42.5)
23.5 198.6
Personnel expenses 177.9
(171.4)
96.9 1,275.8
Other expenses 106.4
(91.0)
95.9 968.7
Facility Investments 1.1
(1.1)
6.4 257.8
Total 496.9
(351.8)
271.9* 3,365.0

(Note) The amount provided in the parenthesis in FY 2012 results is the target amount.

*In FY 2013, we aim to achieve cost reduction of 100 billion yen (as stated in the Intensive Reform Implementation Action Plan) in addition to 271.9 billion yen (as stated in the Comprehensive Special Business Plan).

Asset Sales Measures Result (¥ billion) Target (¥ billion)
  FY 2012 results Cumulative results
(FY2011-2012)
Total of 3 years
(FY2011-2013)
Real estate 163.4
(159.8)
213.6Progress rate to 3-year total:86%
(210.0)
247.2
Securities 7.2
(7.2)
324.8Progress rate to 3-year total:98%
(324.8)
330.1
Affiliated Companies 75.5
(43.3)
122.5Progress rate to 3-year total:94%
(90.3)
130.1
Total 246.2
(210.3)
661.0
(625.1)
707.4

(Note) The amount provided in the parenthesis in FY 2012 results is the target amount.

            Figures show amounts of the whole TEPCO Group

            Values in the Total column may not show the total of each value due to rounding.

Disclosed information regarding the management streamlining -Press Releases-

May 1,2013
Apr 30,2013
Apr 1,2013
Feb 12,2013
Feb 4,2013
Jan 15,2013
+ Display and non-display of article in the past

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