The operating revenues for the interim FY 2008 increased 7.2% from the same term of 
the previous year to 2,870.2 billion yen (non-consolidated figure increased 7.8% to 
2,746.8 billion yen). The ordinary loss was 164.4 billion yen (non-consolidated figure 
was 196.1 billion yen). The interim net loss was 109.3 billion yen (non-consolidated 
figure 128.4 billion yen).

Our total electricity sales was 147.9 billion kWh, which was nearly equivalent to 
the figure of the same term of the previous year. The reason is that the sales of 
commercial and industrial power was below the level of the same term of the previous 
year due to the decrease in air-conditioning demand caused by the lower temperature 
in August and September compared with the last summer, although the sales of the 
large industrial power sector increased. 
By type of demand, electricity sales for residential use increased 0.1% from the same 
term of the previous year to 45.5 billion kWh, low-voltage power in the non-liberalized 
sector decreased 5.3% from the same term of the previous year to 6.3 billion kWh, and 
electricity sales to specific-scale demand increased 0.3% from the same term of the 
previous year to 96.1 billion kWh.

On the revenue side, the electricity revenues increased 7.5% from the same term of the 
previous year to 2,582.1 billion yen due to the increase in electricity sales caused 
by the fuel cost adjustment system. The operating revenues increased 7.2% from the 
same term of the previous year to 2,870.2 billion yen (non-consolidated figure 
increased 7.8% from the same term of the previous year to 2,746.8 billion yen) after 
adding intercompany power sales and sales of power to other companies. The ordinary 
revenues increased 7.6% from the same term of the previous year to 2,909.2 billion yen 
(non-consolidated figure increased 7.9% from the same term of the previous year to 
2,767.5 billion yen).

The ordinary expenses increased 23.4% from the same term of the previous year to 
3,073.7 billion yen (non-consolidated figure increased 24.5% from the same term of 
the previous year to 2,963.7 billion yen) due to the substantial increase in fuel 
cost and electricity purchase expenses caused by fuel price spike in addition to the 
shutdown of the Kashiwazaki-Kariwa Nuclear Power Station. 


Please note that this purports to be an accurate and complete translation of the 
original Japanese version prepared for the convenience of our English-speaking audience. 
However, in the case of any discrepancy between the translation and the Japanese original, 
the latter shall prevail.  

Appendix: Closing Summary(PDF 18.2KB) 
          Summary of Non-consolidated Financial Results for the First Half of Fiscal Year 2008(PDF 17.4KB) 
          Projections for Fiscal Year 2008(PDF 8.76KB) 
          Projection and Table of Data on Revenues and Expenses(PDF 31.5KB) 
          Impact of Niigata-Chuetsu-Oki Earthquake on Revenues/Expenses(PDF 9.58KB)