The Tokyo Electric Power Company, Inc. (TEPCO) announced that operating
revenues for the first quarter of fiscal year 2007 (from April 1 to June 30,
2007) increased 2.5% from the same period of the previous fiscal year to
1,251 billion yen (up 2.5% to 1,189.3 billion yen on a non-consolidated basis).
Ordinary income decreased 45.3% to 44.6 billion yen (down 56.7% to 28.4 billion
yen on a non-consolidated basis). Net Income decreased 35.4% to 31 billion yen
(down 45.4% to 21.1 billion on a non-consolidated basis).
Electricity sales in the first quarter increased 2.2% from the same period of
the previous fiscal year to 68.9 billion kWh. The change was due to the increase in
bulk power demand for industrial use and the increase in demand for air-conditioning
caused by warmer temperatures in May and June as compared with temperatures during
the previous year.
Of the total, electricity sales for residential use increased 0.6% from the same
period of the previous fiscal year to 21.2 billion kWh. Sales for low-voltage
power in the non-liberated sector decreased 0.6% to 2.8 billion kWh. Sales for
specified-scale demand increased 3.1% to 44.9 billion kWh.
On the revenues side, electricity industry sales revenues increased 2.5% from the
same period of the previous fiscal year to 1,119.9 billion yen due to the increase
in electricity sales. Operating revenues, including sales to other companies, etc.,
increased 2.5% to 1,251.0 billion yen (up 2.5% to 1,189.3 billion yen on a
non-consolidated basis). Ordinary revenues increased 2.7% to 1,269.3 billion yen
(up 2.5% to 1,197.9 billion yen on a non-consolidated basis).
On the expenses side, ordinary expenses in electric business increased 6.1% from
the same period of the previous fiscal year to 1,224.7 billion yen (up 6.0% to
1,169.5 billion yen on a non-consolidated basis). The change was due to the
substantial increase in fuel cost caused by the lower nuclear power plant capacity
utilization ratio when compared with the previous fiscal year as well as the
influence of the weaker yen.
Appendices
Summary of Financial Results for the First Quarter of Fiscal Year 2007
(Three Months Ended June 30, 2007)(PDF 17.0KB)
Comparison of Revenues and Expenses (Non-Consolidated)(PDF 17.0KB)
Projections for Fiscal Year 2007(PDF 11.2KB)
Projection and Table of Data on Revenues and Expenses(PDF 15.8KB)
Impact of Nuclear Power Suspension on Revenues/Expenses(PDF 12.0KB)
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