search



Corporate Information

 
Press Release (Nov 04,2011)
FY2011 Interim Financial Results (April 1 through September 30, 2011)
The Tokyo Electric Power Co., Inc. (TEPCO) announced that operating revenues 
for the FY2011 interim (from April 1 to September 30, 2011) decreased 7.7% 
from the same period of the previous fiscal year to 2,502.7 billion yen 
(down 8.3% to 2,389.1 billion yen on a non-consolidated basis). Ordinary 
loss was 105.7 billion yen (130.4 billion yen on a non-consolidated basis).

Extraordinary gains were 568.1 billion yen (568.0 billion yen on a non-
consolidated basis), due to Grants-in-aid from Nuclear Damage Compensation 
Facilitation Corporation totaling 543.6 billion yen.

Extraordinary losses were 1,075.9 billion yen (1,075.6 billion yen on a non-
consolidated basis), due to costs and losses of 185.0 billion yen (184.6 
billion yen on a non-consolidated basis) resulting from restoration costs, 
etc. of the properties damaged by the Tohoku-Chihou-Taiheiyou-Oki 
Earthquake, and nuclear damage compensation of 890.9 billion yen which is 
calculated by subtracting the governmental indemnity expected to be paid 
according to Indemnity Agreement for Nuclear Damage Compensation of 120.0 
billion yen from the reasonably estimated nuclear damage compensation of 
1,010.9 billion yen.

Therefore, net losses were 627.2 billion yen (638.4 billion yen on non-
consolidated basis).

Electricity sales decreased 13.6% from the same period of the previous 
fiscal year to 130.2 billion kWh as a result of a decrease of all types of 
electricity usage compared to the previous year due to customer cooperation 
in helping us save electricity, a decline in production activities and 
decreased air-conditioner demand due to relatively low temperatures this 
summer.
Per demand type, the electricity sales for residential usage decreased by 
12.5% to 44.1 billion kWh, low-voltage users decreased by 14.2% to 5.7 
billion kWh, and those for specified-scale demand decreased by 14.2% to 
80.4 billion kWh, compared with the previous fiscal year, respectively. 

On the revenue side, electricity industry sales revenues decreased 8.9% 
from the same period of the previous fiscal year to 2,227.3 billion yen 
due to such factors as a decrease in electricity sales. Operating revenues, 
including electricity sales to other companies, etc., decreased by 7.7% to 
2,502.7 billion yen (down 8.3% to 2,389.1 billion yen on a non-consolidated 
basis). Ordinary revenues decreased by 7.4% to 2,550.0 billion yen (down 
8.1% to 2,430.1 billion yen on a non-consolidated basis). 

On the expense side, ordinary expenses in the electricity business 
increased 4.0% from the previous fiscal year to 2,655.8 billion yen (up 
3.9% to 2,560.5 billion yen on a non-consolidated basis) due to the 
increase in fuel costs caused by fuel price hikes.

(Note)
This English translation has been prepared with the intention of creating 
an accurate and complete reflection of the original Japanese version for 
the convenience of our English-speaking audience. However, if there are any 
discrepancies between the translation and the original, the latter shall 
prevail.

Appendices:
Summary of FY2011 Interim Financial Results (PDF 23.7KB)
Comparison Table of FY2011 Interim Financial Results (PDF 14.7KB)
Projections for Fiscal Year 2011 (PDF 10.7KB)
<Reference 1> Table of Data on Revenues and Expenses (Non-Consolidated Basis) 
                                                                 (PDF 11.2KB)
<Reference 2> Breakdown of Extraordinary Income (Non-Consolidated Basis) 
                                                                 (PDF 10.4KB)
<Reference 3> Breakdown of Extraordinary Loss (Non-Consolidated Basis) 
                                                                 (PDF 14.2KB)



back to page top


to TOP