Tokyo Electric Power Co., Inc. (TEPCO) announced that Operating Revenues for the FY2012 interim increased 14.9% from the same period of the previous fiscal year to 2,875.9 billion yen (up 16.0% to 2,772.3 billion yen on a non-consolidated basis). Ordinary Income was -166.2 billion yen (-189.3 billion yen on a non-consolidated basis).

Electricity sales increased 2.4% over the same period of the previous fiscal year to 133.4 billion kWh as a result of a rebound due to the impact of the Great East Japan Earthquake last year, etc.
Per demand type, electricity sales for residential usage decreased by 0.1% to 44.0 billion kWh, low-voltage users decreased by 1.1% to 5.6 billion kWh, and those for specified-scale demand increased by 4.1% to 83.7 billion kWh, compared with the previous fiscal year.

On the revenue side, electricity sales revenues increased 16.4% from the previous fiscal year to 2,593.2 billion yen due to an increase in the unit price of electricity resulting from such factors as the fuel cost adjustments and the rate revision, and due to an increase in electricity sales. Operating Revenues including electricity sales to other companies, etc. increased by 14.9% to 2,875.9 billion yen (up 16.0% to 2,772.3 billion yen on a non-consolidated basis). Ordinary Revenues increased by 14.1% to 2,910.9 billion yen (up 15.2% to 2,799.6 billion yen on a non-consolidated basis).

On the expense side, Ordinary Expenses increased 15.9% from the previous fiscal year to 3,077.1 billion yen (up 16.7% to 2,988.9 billion yen on a non-consolidated basis) due to the increase in fuel costs for thermal power stations caused by the stop of all nuclear power stations and fuel price hikes.

Extraordinary Income was 110.2 billion yen (112.3 billion yen on a non-consolidated basis) due to the gains on the sales of fixed assets and marketable securities, and due to an acceleration in the management streamlining such as the revision of the retirement pension plan. And Net Income in the interim was -299.4 billion yen (-308.2 billion yen on a non-consolidated basis) due to the estimated allocation of 235.8 billion yen for the nuclear damage compensation payments as Extraordinary Losses, which was the amount reasonably estimated for compensation.

Summary of FY2012 Interim Financial Results (PDF 23.0KB)
Comparison Table of FY2012 Interim Financial Results (Non-Consolidated) (PDF 15.2KB)
Projections for Fiscal Year 2012 (PDF 13.7KB)
<Reference 1> Table of Data on Revenues and Expenses (Non-Consolidated Basis) (PDF 13.6KB)
<Reference 2> Breakdown of Extraordinary Income (Non-Consolidated Basis) (PDF 10.6KB)