(October 31,2023 Update)

Dividend Policy

Considering current severe business environment etc. since the Tohoku-Chihou-Taiheiyou-Oki Earthquake, Tokyo Electric Power Company Holdings has decided to withdraw its existing basic dividend policy. While we strongly recognize sharing corporate profits to our shareholders through its value creating management as one of the primary tasks, our basic dividend policy is to be revised with careful consideration of our business circumstances and performance.

FY2022 Dividend and FY2023 Dividend Outlook

In the fiscal 2022, despite Group-wide efforts to improve profitability, Tokyo Electric Power Company Holdings posted a consolidated ordinary loss of 285.3 billion yen and a net loss attributable to owners of the parent of 123.6 billion yen due to an increase in the electricity procurement expenses resulting from a surge in fuel and wholesale electricity market prices and other factors.

Given such severe economic conditions and other factors, we deeply regret to pay out no year-end dividends for the current fiscal year.

In addition, with respect to dividend policy for fiscal 2023, it seems that severe management environments will continue, and we plan to pay out no interim or year-end dividends.

Dividend Trends

Dividend Payout Ratio, Dividend Yield

Dividend Yield is calculated with the closing price at the end of each fiscal year.
Dividend Payour Ratio cannot be calculated for FY2007,FY2008,FY2010,FY2011 and FY2012 due to net loss.

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