Today, April 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
Due to the following circumstances in our electric power business, we revised our year-end
forecasts. First, due to the appreciation of the Japanese yen since January, fuel expenses
decreased. However, casualty loss from natural disaster and others increased because of a
re-estimation of restoration expenses and others for our Kashiwazaki- Kariwa Nuclear Power
Station.
The financial impact of the shutdown of the Kashiwazaki-Kariwa Nuclear Power Station caused
by the Niigata-Chuetsuoki Earthquake, which happened on July 16, 2007, has been revised from
603.5 billion yen (both consolidated & non-consolidated) which we announced on October 31,
2007, to 615.6 billion yen consolidated and 615.0 billion yen non-consolidated, respectively.
[Key Factors Affecting Performance (for the year)]
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