The Tokyo Electric Power Company Incorporated (TEPCO), has revised its interim and
year-end financial forecasts for FY2007 (from April 1st, 2007 to March 31st, 2008)
announced on July 31st, 2007 based on recent circumstances and its performance as
below.
1. Interim Financial Results
(1) Revision of the Interim Financial Forecasts (April 1st, 2007-September 30th,
2007), Consolidated
(2) Revision of the Interim Financial Forecasts (April 1st, 2007-September 30th,
2007), Non-consolidated
2. Year-end Financial Results
(1) Revision of the Year-end Financial Forecasts (April 1st, 2007-March 31st,
2008), Consolidated
(2) Revision of the Year-end Financial Forecasts (April 1st, 2007-March 31st,
2008), Non-consolidated
3. The Reason for The Revision
As a result of Kashiwazaki-Kariwa's shut down due to the Niigata-Chuetsu-Oki
Earthquake, July 16 2007, on the electric power side of business, 161.5 billion
yen is counted as an extraordinary loss (casualty loss from a natural disaster).
In addition, the influence of the surge in crude oil price result in an increase
of fuel and purchased power expenses. Due to these factors, we will revise our
forecast for both the interim and year-end.
Consequently, at the present time, the forecast in relation to the shutdown of
Kashiwazaki-Kariwa Nuclear Power Station is revised downward from 85.0 billion
yen (Interim) and 282.0 billion yen (Year-end) as previously forecast to 281.5
billion yen (Interim) and 603.5 billion yen (Year-end), respectively.
[Key Factors Affecting Performance (for the year)]
(Note)
The above forecasts are based on information available at the moment and on the
premise of reasonable grounds. Due to various factors, the actual result may
differ from these forecasts.
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