FY2022 1st Quarter Financial Results

(April 1 - June 30, 2022)

Tokyo Electric Power Company Holdings, Inc.

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

Overview of FY2022 1st Quarter Financial Results

(Released on August 2, 2022)

(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 FY2022 1st Quarter Financial Results

1

st Quarter Financial Results>

  • Operating revenue increased due to an increase in fuel cost adjustments.
  • Ordinary income/loss decreased due mainly to a negative turn in the effects of the time- lag from the fuel cost adjustment system at JERA and an increase in the electricity procurement expenses due to a surge in fuel prices despite Group-wide efforts to improve profitability.
  • Quarterly net income decreased three consecutive years.
  • FY2022 Consolidated Performance Forecast >
  • To be determined.

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

1. Consolidated Financial Results

2

(Unit: Billion Yen)

FY2022

FY2021

Comparison

Apr-Jun (A)

Apr-Jun (B)

(A)-(B)

(A)/(B) (%)

Operating Revenue

1,476.4

980.0

496.4

150.7

Operating Income/Loss

-44.2

-11.3

-32.9

-

Ordinary Income/Loss

-48.9

18.4

-67.4

-

Extraordinary Income/Loss

-25.2

-20.6

-4.6

-

Net Income Attributable to Owners of the Parent

-67.0

-3.0

-64.0

-

(Unit: Billion kWh)

FY2022

FY2021

Comparison

Apr-Jun (A)

Apr-Jun (B)

(A)-(B)

(A)/(B) (% )

Total Electricity Sales Volume

54.8

52.4

2.5

104.7

Retail Electricity Sales Volume

※1

41.8

42.5

-0.7

98.4

Wholesale Electricity Sales Volume ※2

13.0

9.8

3.2

132.2

※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.

This is an excerpt of the original content. To continue reading it, access the original document here.

Attachments

  • Original Link
  • Original Document
  • Permalink

Disclaimer

TEPCO - Tokyo Electric Power Company Holdings Inc. published this content on 02 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 02 August 2022 07:59:01 UTC.