Presentation Material (PDF 2.29MB)

FY2021 2nd Quarter Financial Results

(April 1 - September 30, 2021)

Tokyo Electric Power Company Holdings, Inc.

©Tokyo Electric Power Company Holdings, Inc. All Rights Reserved.

Overview of FY2021 2nd Quarter Financial Results

(Released on October 27, 2021)

Regarding Forward-Looking Statements

Certain statements in the following presentation regarding TEPCO Group's business operations may constitute "forward-looking statements." As such, these statements are not historical facts

but rather predictions about the future, which inherently involve risks and uncertainties, and

these risks and uncertainties could cause TEPCO Group's actual results to differ materially from the forward-looking statements herein.

(Note)

Please note that the following is an accurate and complete translation of the original Japanese version prepared for the convenience of our English-speaking investors. In case of any discrepancy between the translation and the Japanese original, the latter shall prevail.

©Tokyo Electric Power Company Holdings, Inc. All Rights Reserved.

Key Points of FY2021 2nd Quarter Financial Results	1

nd Quarter Financial Results>

• Operating revenue decreased due to decreases in the volume of electricity sold and fuel cost adjustments, and the application for the new accounting standards.
• Ordinary income/loss and quarterly net income decreased due to a negative turn in the effects of the time-lag from the fuel cost adjustment system at JERA and decrease in the volume of retail electricity sold despite Group-wide continued efforts to improve profitability.
• FY2021 Consolidated Performance Forecast >

• FY2021 full-year financial forecast was revised to reflect a negative turn in the effect of the time-lag from the fuel cost adjustment system and other factors.

©Tokyo Electric Power Company Holdings, Inc. All Rights Reserved.

1. Consolidated Financial Results	2

					(Unit: Billion kWh)
			FY2021	FY2020	Comparison
			Apr-Sep (A)	Apr-Sep (B)	(A)-(B)	(A)/(B) (% )
	Total Electricity Sales Volume		113.3	111.4	1.9	101.7
	Retail Electricity Sales Volume	※1	91.1	102.6	-11.5	88.8
	Wholesale Electricity Sales Volume	※2	22.2	8.8	13.4	252.3
					(Unit: Billion Yen)
			FY2021	FY2020	Comparison
			Apr-Sep (A)	Apr-Sep (B)	(A)-(B)	(A)/(B) (%)
	Operating Revenue		2,210.7	2,834.2	-623.4	78.0
	Operating Income/Loss		97.0	181.3	-84.3	53.5
	Ordinary Income/Loss		101.3	224.8	-123.4	45.1
	Extraordinary Income/Loss		0.0	-67.7	67.7	-
	Net Income Attributable to Owners of the Parent		88.6	148.6	-59.9	59.6

※１ Total of EP consolidated (EP/TCS/PinT) and PG (islands, etc.)

※２ Total (excluding indirect auctions) of EP consolidated (EP/TCS/PinT), PG (including inter-regional), and RP consolidated (RP/Tokyo Electric Generation)

©Tokyo Electric Power Company Holdings, Inc. All Rights Reserved.