Tokyo Electric Power Company Holdings, Incorporated · TSE:9501

Tokyo Electric Power — Q1 FY2018 Earnings Presentation

14 slides from Tokyo Electric Power's earnings presentation, Jul 30, 2018

  1. Slide 1: Overview of FY2018 1st Quarter Financial Results

    Overview of FY2018 1st Quarter Financial Results (Released on July 30, 2018) ©Tokyo Electric Power Company Holdings, Inc. All Rights Reserved.

  2. Slide 2: Key Points of FY2018 1st Quarter Financial Results

    Key Points of FY2018 1st Quarter Financial Results 1 < FY2018 1st Quarter Financial Results >  Although electricity sales volume from TEPCO group companies decreased, operating revenue and ordinary income increased due to an increase in transmission revenue from non-TEPCO group companies and contin

  3. Slide 3: 1. Consolidated Financial Results

    1. Consolidated Financial Results 2 (Unit: Billion kWh) FY2018 FY2017 Comparison Apr-Jun (A) Apr-Jun (B) (A)-(B) (A)/(B) (%) Electricity Sales Volume 52.6 55.5 -2.9 94.8 (Unit: Billion yen) FY2018 FY2017 Comparison Apr-Jun (A) Apr-Jun (B) (A)-(B) (A)/(B) (% ) Operating Revenue 1,354.0 1,313.3 40.6 1

  4. Slide 4: 2. Key Points of Each Company

    2. Key Points of Each Company 3 < TEPCO Holdings >  Ordinary income increased due to an increase in dividend income and other areas. < TEPCO Fuel & Power >  Ordinary income increased due to a decrease in fixed costs from cost reduction efforts, increase in profit from subsidiaries, and other effor

  5. Slide 5: 3. Overview of Each Company

    3. Overview of Each Company 4 (Unit: Billion kWh, yen/dollar) FY2018 FY2017 Comparison Apr-Jun Apr-Jun A r e a D e m a n d 61.8 63.1 - 1.2 Foreign Exchange Rate (TTM) 109.1 111.1 - 2.0 (Unit: Billion Yen) FY2018 FY2017 Comparison Apr-Jun (A) Apr-Jun (B) (A)-(B) (A)/(B) (%) Operating Revenue 1,354.0

  6. Slide 6: 4. Consolidated Extraordinary Income/Loss

    4. Consolidated Extraordinary Income/ Loss 5 (Unit: Billion Yen) FY2018 FY2017 Comparison Apr-Jun Apr-Jun Extraordinary Income/ Loss -46.6 92.5 -139.2 Extraordinary Income － 128.6 -128.6 Grants-in-aid from NDF* － 128.6 -128.6 Extraordinary Loss 46.6 36.0 10.6 Expenses for Nuclear Damage Compensation

  7. Slide 7: 5. Consolidated Financial Position

    5. Consolidated Financial Position 6 Total assets decreased 381.8 billion yen primarily due to decreases in cash and deposits. Total liabilities decreased 388.2 billion yen primarily due to decreases in the amount of interest-bearing debt. Equity ratio improved by 0.7 points. Balance Sheets as of

  8. Slide 8: 6. FY2018 Full-Year Financial Forecasts

    6. FY2018 Full-Year Financial Forecasts 7 (Unit: Billion Yen) FY2018 Projections FY2018 Projections (released on Jul. 30, (released on Apr. 26, FY2017 Results 2018) 2018) Operating Revenue 6,099 6,099 5,850.9 Ordinary Income/ Loss 285 285 254.8 Extraordinary Income/ Loss － － 73.8 Net Income attribut

  9. Slide 9: <Reference> Key Factors Affecting Performance (Results)

    <Reference> Key Factors Affecting Performance（Results） 8 Area Demand (Unit: Billion kWh) FY2018 FY2017 Comparison Apr-Jun (A) Apr-Jun (B) (A)-(B) (A)/(B) (%) Area Demand 61.8 63.1 -1.2 98.0 Foreign Exchange Rate / CIF FY2018 FY2017 (A)-(B) Apr-Jun (A) Apr-Jun (B) Foreign Exchange Rate (Interbank, ye

  10. Slide 10: <Reference> Key Factors Affecting Performance (Financial Forecasts)

    <Reference> Key Factors Affecting Performance (Financial Forecasts) 9 Key Factors Affecting Performance FY2018 Projections FY2018 Projections (released on Jul. 30, 2018) (released on Apr. 26, 2018) Electricity Sales Volume (Billion kWh) 232.4 233.4 Crude Oil Prices (All Japan CIF; dollars per barrel

  11. Slide 11: <Reference> Consolidated Ordinary Income/Loss - Year on Year Comparison of Each Company

    <Reference> Consolidated Ordinary Income/ Loss 10 - Year on Year Comparison of Each Company Ordinary Revenue (Unit: Billion Yen) HD FP PG EP Adj. Increase 40.6 + 8.0 - 3.7 + 12.0 FY2017 - 7.9 + 32.2 FY2018 Apr-Jun Apr-Jun 1,313.3 1,354.0 Ordinary Income / Loss (Unit: Billion Yen) HD FP PG EP Adj. +

  12. Slide 12: <Reference> Consolidated Ordinary Revenue

    <Reference> Consolidated Ordinary Revenue 11 (Unit: Billion Yen) FY2018 FY2017 Comparison Apr-Jun (A) Apr-Jun (B) (A)-(B) (A)/(B) (%) (Operating Revenue) 1,354.0 1,313.3 40.6 103.1 Electricity Sales Revenue 1,040.3 1,055.4 -15.1 98.6 Power Sold to Other Utilities and 64.4 47.9 16.4 134.3 Suppliers O

  13. Slide 13: <Reference> Consolidated Ordinary Expenses

    <Reference> Consolidated Ordinary Expenses 12 (Unit: Billion Yen) FY2018 FY2017 Comparison Apr-Jun (A) Apr-Jun (B) (A)-(B) (A)/(B) (%) Personnel Expenses 79.3 85.4 -6.1 92.8 Fuel Expenses 302.5 277.0 25.5 109.2 Maintenance Expenses 55.4 65.4 -9.9 84.8 Depreciation 130.7 135.5 -4.7 96.5 Power Purchas

  14. Slide 14: <Reference> Consolidated Ordinary Income/Loss - Year on Year Comparison

    <Reference> Consolidated Ordinary Income/ Loss –Year on Year Comparison 13 Ordinary Income / Loss (Unit: Billion Yen) Factors related to Power Supply and Demand Others (including renewable energy) + 54.3 - 42.6 + 2.0 yen/$ Increase Foreign in Profits exchange rate + 6.0 CIF 11.7 billion yen Fuel cos

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