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Corporate Information

 
Press Release (Jul 28,2008)
Financial Results for FY 2008 First Quarter (April 1 through June 30, 2008)
The Tokyo Electric Power Co., Inc. (TEPCO) announced that operating revenues for 
the FY 2008 first quarter (from April 1 to June 30, 2008) increased 5.5% from the 
same period of the previous fiscal year to 1,319.4 billion yen (up 6.0% to 1,261.2 
billion yen on a non-consolidated basis). Ordinary loss was 116.2 billion yen 
(134.0 billion yen on a non-consolidated basis).  Net loss was 76.2 billion yen 
(87.2 billion yen on a non-consolidated basis).

Electricity sales in the first quarter was 68.9 billion kWh, which was the same 
level as the same period of the previous fiscal year.  The reason was that the 
electricity sales in low-voltage power decreased compared with those of the same 
period of the previous fiscal year due to the decrease of air conditioning use 
caused by the low temperature in June, although the residential use increased 
from the same period of the previous fiscal year.  
Of the total, electricity sales for residential use increased by 0.6% to 21.3 
billion kWh, those for low-voltage power decreased by 6.4% to 2.6 billion kWh, 
and those for specified-scale demand increased by 0.1% to 44.9 billion kWh, 
compared with the same period of the previous fiscal year, respectively.

On the revenues side, electricity industry sales revenues increased 5.9% from 
the same period of the previous fiscal year to 1,185.6 billion yen due to the 
increase in the revenues by the fuel cost adjustment system. Operating revenues, 
including electricity sales to other companies, etc., increased 5.5% to 1,319.4 
billion yen (up 6.0% to 1,261.2 billion yen on a non-consolidated basis). Ordinary 
revenues increased 5.6% to 1,340.6 billion yen (up 6.3% to 1,273.4 billion yen on 
a non-consolidated basis).

On the expenses side, ordinary expenses in electric business increased by 19.0% 
from the same period of the previous fiscal year to 1,456.9 billion yen (up 20.3% 
to 1,407.4 billion yen on a non-consolidated basis) due to the substantial increase 
in fuel costs and electricity purchase expenses caused by the shutdown of 
the Kashiwazaki-Kariwa Nuclear Power Station. 


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 23.3KB) 
 Summary of Non-consolidated Financial Results for the First Quarter of Fiscal Year 2008(PDF 15.0KB) 
 Projection for Fiscal Year 2008(PDF 12.9KB) 
 Table of Data on Revenues and Expenses(Non-consolidated Basis)(PDF 34.7KB) 
 Impact of Niigata-Chuetsu-Oki Earthquake on Revenues/Expenses(Non-consolidated Basis)(PDF 12.1KB) 
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