The Tokyo Electric Power Co., Inc. (TEPCO) announced that operating revenues in fiscal
year 2009 (from April 1, 2009 to March 31, 2010) decreased 14.8% from the previous fiscal
year to 5,016.2 billion yen (4,804.4 billion yen on a non-consolidated basis, down 14.9%).
Ordinary income was 204.3 billion yen (158.6 billion yen on a non-consolidated basis).
Net income was 133.7 billion yen (102.3 billion yen on a non-consolidated basis).
Electricity sales in the fiscal year decreased 3.0% from the previous fiscal year to
280.2 billion kWh. The reason is that sales of specific-scale demand were substantially
below the level of the previous fiscal year due to the decrease in the large industrial
power sector.
By type of demand, electricity sales for residential use were 96.1 billion kWh which
was the same level of the previous fiscal year. Those for low-voltage power decreased
by 4.3% to 11.4 billion kWh, and those for specific-scale demand decreased by 4.6% to
172.7 billion kWh, compared with the previous fiscal year, respectively.
On the revenues side, electricity industry sales revenues decreased 14.9% from the
previous fiscal year to 4,504.5 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 14.8% to 5,016.2 billion yen
(down 14.9% to 4,804.4 billion yen on a non-consolidated basis). Ordinary revenues
decreased 14.5% to 5,089.4 billion yen (down 14.6% to 4,852.7 billion yen on a
non-consolidated basis).
On the expenses side, ordinary expenses in electric business decreased by 18.4% from
the previous fiscal year to 4,885.1 billion yen (down 18.7% to 4,694.0 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 14.4KB)
Summary of Non-consolidated Financial Results for the Fiscal Year 2009 (PDF 25.0KB)
Projections for Fiscal Year 2010 (PDF 8.47KB)
<Reference 1> Table of Data on Revenues and Expenses (Non-consolidated Basis) (PDF 28.6KB)
<Reference 2> Impact of Niigata-Chuetsu-Oki Earthquake on Revenues/Expenses
(Non-consolidated Basis) (PDF 8.44KB)