The Tokyo Electric Power Co., Inc. (TEPCO) announced that operating revenues for the
FY 2009 interim (from April 1 to September 30, 2009) decreased 13.0% from the same
period of the previous fiscal year to 2,497.8 billion yen (down 12.7% to 2,397.8
billion yen on a non-consolidated basis). Ordinary income was 203.9 billion yen (174.0
billion yen on a non-consolidated basis). Interim net income was 138.1 billion yen
(113.4 billion yen on a non-consolidated basis).
Electricity sales in the interim were 138.3 billion kWh, which decreased 6.5% from the
same period of the previous fiscal year. The reason is that sales of specific-scale
demand was substantially below the level of the same period of the previous year due
to the decrease in large industrial power sector.
By type of demand, electricity sales for residential use decreased by 1.8% to 44.7
billion kWh, those for low-voltage power decreased by 6.4% to 5.9 billion kWh, and
those for specified-scale demand decreased by 8.7% to 87.7 billion kWh, compared with
the same period of the previous fiscal year, respectively.
On the revenues side, electricity industry sales revenues decreased 12.7% from the
same period of the previous fiscal year to 2,254.0 billion yen due to the decrease
in electricity sales, effects of the fuel cost adjustment system and so on. Operating
revenues, including electricity sales to other companies, etc., decreased 13.0% to
2,497.8 billion yen (down 12.7% to 2,397.8 billion yen on a non-consolidated basis).
Ordinary revenues decreased 12.8% to 2,537.6 billion yen (down 12.7% to 2,416.1
billion yen on a non-consolidated basis).
On the expenses side, ordinary expenses in electric business decreased by 24.1% from
the same period of the previous fiscal year to 2,333.6 billion yen (down 24.3% to
2,242.1 billion yen on a non-consolidated basis) due to the substantial decrease in
fuel costs caused by the decline in crude oil prices, etc.
(Note)
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.
Appendices:
Closing Summary(PDF 26.0KB)
Summary of Non-consolidated Financial Results for the First Half of Fiscal Year 2009
(Six Months Ended September 30, 2009)(PDF 13.5KB)
Projections for Fiscal Year 2009(PDF 8.72KB)
Table of Data on Revenues and Expenses (Non-consolidated Basis)(PDF 32.2KB)
<Reference> Impact of Niigata-Chuetsu-Oki Earthquake on Revenues/Expenses
(Non-consolidated Basis)(PDF 9.01KB)