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Corporate Information

 
Press Release (Apr 27,2007)
Financial Results for Fiscal Year 2006
Tokyo Electric Power Co. (TEPCO) announced that its operating revenues in 
fiscal year 2006 (from April 1, 2006 to March 31, 2007) increased 0.5% from 
the previous fiscal year to 5,283.0 billion yen (5,015.0 billion yen on a 
non-consolidated basis, up 1.5%).  Ordinary income increased 3.4% from the 
previous fiscal year to 441.2 billion yen (372.0 billion yen on a 
non-consolidated basis, down 6.3%).  Net income decreased 3.9% to 298.1 
billion yen (262.1 billion yen on a non-consolidated basis, up 0.5%).

Electricity sales in the fiscal year decreased 0.4% from the previous fiscal 
year to 287.6 billion kWh because of the decrease of demand for heating 
caused by a record mild winter, although the bulk power demand for industrial 
use increased from the previous fiscal year.
Of the total, electricity sales for residential use decreased 2.1% to 93.2 
billion kWh.  Low-voltage power decreased 6.4% to 12.6 billion kWh.  
Specified-scale demand increased 1.0% to 181.8 billion kWh.

Among the revenues in fiscal year 2006, electricity industry sales revenues 
increased 0.5% from the previous fiscal year to 4,704.6 billion yen, because 
of the increase in sales in the bulk power demand for industrial use and 
the increase in unit prices influenced by recent high oil price and yen’s 
depreciation, in spite of some adverse effect resulting from the rate reduction 
introduced in April, 2006.  As a result, total operating revenues, including 
the revenues from electricity transactions between regions and the sales 
of affiliated businesses such as gas supply sales, expanded 0.5% to 5,283.0 
billion yen (5,015.0 billion yen on an non-consolidated basis, up 1.5%).  
Ordinary revenues increased 0.8% to 5,350.0 billion yen (5,057.9 billion 
yen on a non-consolidated basis, up 1.6%).

Among the expenses, although TEPCO made efforts to improve efficiency and 
reduce cost of overall operations, including reduction in depreciation expenses 
through restrictive equipment investments, ordinary expenses increased 0.6% 
from the previous fiscal year to 4,908.7 billion yen (4,685.8 billion yen, 
up 2.3%) because of the increase in personnel cost caused by the revision 
of employment system for senior employees based on the revision of ‘Law 
for the stabilization of senior workers employment’, in addition to the 
increase in back-end costs for the nuclear power generation and the increase 
in fuel costs.

Appendices
Summary of Financial Results for Fiscal Year 2006 (Ended March 31, 2007)
Comparison of Revenues and Expenses (Non-Consolidated)
Projections for Fiscal Year 2007
Table of Data on Revenues and Expenses (Non-consolidated Basis)
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