Today, January 30th, 2008, The Tokyo Electric Power Company Incorporated (TEPCO)
announces that it has revised the year-end financial forecasts for FY2007 (from
April 1st, 2007 to March 31st, 2008), based on recent circumstance and its
performance as outlined below.
1. Revision of Financial Forecasts
(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
2. The Reason for The Revision
Regarding our electric power business, due to rising crude oil prices, fuel costs
were much larger than we anticipated at the time of the previous announcement.
As a result, we revised our year-end forecast.
(Note)
The above forecasts are based on information currently available and on the premise
of reasonable grounds. Due to various factors, the actual result may differ from
these forecasts.
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