The Tokyo Electric Power Company Incorporated (TEPCO) announced that effective as of
October 30th, 2009, the previous financial forecasts made in July 31st, 2009, have
been revised due to performance and related factors as outlined below.
Revision of Financial Forecasts
Revision of the 1st Half Financial Forecasts (April 1st, 2009 - September 30th, 2009),
Consolidated
Revision of the Year-end Financial Forecasts (April 1st, 2009 - March 31st, 2010),
Consolidated
Revision of the 1st Half Financial Forecasts (April 1st, 2009 - September 30th, 2009),
Non-consolidated
Revision of the Year-end Financial Forecasts (April 1st, 2009 - March 31st, 2010),
Non-consolidated
The Reason for the Revision
Regarding both consolidated and non-consolidated 1st half financial results of FY2009,
although operating revenues decreased due to a drop in electricity sales volume and
unit sales price which was adjusted downward based on the fuel cost adjustment system,
fuel expense has significantly decreased caused by the decline in crude oil price,
necessitating the revisions made.
(Note)
The above forecasts are based on information available at the moment and on premises
based on reasonable grounds. Due to various factors, the actual result may differ from
these forecasts.
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: Projection for Fiscal Year 2009 (PDF 17.2KB)