Tokyo Electric Power Company Holdings, Incorporated · TSE:9501

Tokyo Electric Power — FY2004 Earnings Presentation

17 slides from Tokyo Electric Power's earnings presentation, May 11, 2005

  1. Slide 1: Financial Results for FY 2004

    Financial Results for FY 2004 (April 1, 2004 – May 31, 2005) Presentation Materials May 11, 2005 Katsutoshi Chikudate Executive Vice President Tokyo Electric Power Company

  2. Slide 2: Regarding Forward Looking Statements (Performance Projections)

    Regarding Forward Looking Statements (Performance Projections) Certain statements in the following presentation regarding Tokyo Electric Power Company’s business operations may constitute “forward looking statements.” As such, these statements are not historical facts but rather predictions about th

  3. Slide 3: Contents

    Contents 2 FY 2004 Results Summary (Consolidated and Non-consolidated) 3 Income Statement and Segment Information (Consolidated) 4 Income Statement Explanation - Revenues (Non-consolidated) 5 Income Statement Explanation - Expenses (Non-consolidated) 6 Comparison of Performance Projections and Actua

  4. Slide 4: FY 2004 Results Summary (Consolidated and Non-consolidated)

    FY 2004 Results Summary (Consolidated and Non-consolidated) 3 (Upper and lower rows show consolidated and non-consolidated figures) (Unit: Billion yen) Comparison FY 2004 (A) FY 2003 (B) (A)–(B) (A)/(B) (%) 5,047.2 4,853.8 193.3 104.0 Operating Revenues 4,823.2 4,734.5 88.6 101.9 566.3 489.0 77.2 11

  5. Slide 5: Income Statement and Segment Information (Consolidated)

    Income Statement and Segment Information (Consolidated) 4 Income IncomeStatement Statement Segment SegmentInformation Information (Unit: Billion yen) (Unit: Billion yen) FY 2004 FY 2003 Comparison Comparison FY 2004 (A) FY 2003 (B) (A) (B) (A)–(B) (A)/(B) (%) (A)–(B) (A)/(B) (%) Operating Revenues 5

  6. Slide 6: Income Statement Explanation – Revenues (Non-consolidated)

    Income Statement Explanation – Revenues (Non-consolidated) 5 Income IncomeStatement Statement (Unit: Billion yen) Comparison FY 2004 (A) FY 2003 (B) (A)–(B) (A)/(B) (%) Operating Profit 535.4 472.2 63.2 113.4 Ordinary Profit 384.5 304.4 80.0 126.3 Net Income 244.8 151.8 93.0 161.3 Revenues RevenuesD

  7. Slide 7: Income Statement Explanation – Expenses (Non-consolidated)

    Income Statement Explanation – Expenses (Non-consolidated) 6 Expenses Retirement benefits +¥5.8 billion ExpensesDetails Details (Unit: Billion yen) Payroll and benefits +¥5.0 billion Comparison FY 2004 (A) FY 2003 (B) Consumption volume -¥100 billion (A)–(B) (A)/(B) (%) Price increase +¥17.0 billion

  8. Slide 8: Comparison of Performance Projections and Actual Performance

    Comparison of Performance Projections and Actual Performance 7 Performance PerformanceProjections Projections(Feb. (Feb.8,8,2005) 2005) (Upper and lower rows show consolidated and non-consolidated figures) (Unit: Billion yen) Operating Revenues Operating Profit Ordinary Profit Net Income 5,060.0 520

  9. Slide 9: Application of Free Cash Flow and Balance Sheet (Consolidated and Non-consolidated)

    Application of Free Cash Flow and Balance Sheet (Consolidated and Non-consolidated) 8 Application Applicationof ofFree FreeCash CashFlow Flow (Upper and lower rows show consolidated and non-consolidated figures) (Unit: Billion yen) FY 2004 (A) FY 2003 (B) (A) – (B) 1,411.4 1,147.5 263.8 Cash Flow fr

  10. Slide 10: Information and Telecommunications Business: Fiber-Optics Network Company

    Information and Telecommunications Business: Fiber-Optics Network Company 9 (Unit: Billion yen) TEPCO Hikari Comparison Service area and number of subscribers FY 2004 (A) FY 2003 (B) (A)–(B) (A)/(B) (%) Tochigi Prefecture Operating Revenues 10.1 4.2 5.8 239.0 Gunma Prefecture Operating Profit (30.6)

  11. Slide 11: Information and Telecommunications Business: POWEREDCOM Group

    Information and Telecommunications Business: POWEREDCOM Group 10 (Unit: Billion yen) FY 2004 FY 2003 POWEREDCOM POWEREDCOMGroupGroup 1st half 2nd half Full year full year Performance, Etc. Performance, Etc. POWEREDCOM Operating Revenues 63.8 53.6 117.5 169.3 <Performance> Operating Profit (4.1) 6.7

  12. Slide 12: Other Businesses: Gas Business Company

    Other Businesses: Gas Business Company 11 (Unit: Billion yen) Comparison FY 2004 (A) FY 2003 (B) (A)–(B) (A)/(B) (%) Operating Revenues 7.9 2.8 5.1 281.5 Operating Profit 0.6 0.2 0.4 256.3 Kanto Natural Gas Development Co. TEPCO gas pipelines pipelines Performance, Performance,Etc. Etc. Higashi-Ogis

  13. Slide 13: Performance Outlook for FY 2005

    Performance Outlook for FY 2005 12 Performance PerformanceOutlook Outlook (Upper and lower rows show consolidated and non-consolidated figures) (Unit: Billion yen) Operating Revenues Operating Profit Ordinary Profit Net Income 5,150.0 550.0 390.0 240.0 FY 2005 Projection 4,800.0 520.0 370.0 235.0 5,

  14. Slide 14: Electricity Sales Outlook for FY 2005; Key Factors and Financial Influence

    Electricity Sales Outlook for FY 2005; Key Factors and Financial Influence 13 Electricity ElectricitySales Sales (Unit: Billion kWh) <Reference> Outlook Outlook for FY2005 for FY 2005 FY 2005 FY 2004 full year 1st half 2nd half Full year (actual) (projected) (projected) (projected) Other than eligib

  15. Slide 15: Electricity Sales Volume

    Electricity Sales Volume 14 Electricity Sale Volume Electricity ElectricitySales SalesVolume Volume Electricity Sale Volume Trends Performance Trends Performance (Unit: Million kWh; %) • Consumer demand rose sharply, especially during the 1st FY 2004 FY 2004 FY 2004 half, with the increased air-cond

  16. Slide 16: Business Management Plan Targets and Performance

    Business Management Plan Targets and Performance 15 <Reference> (Fiscal year) 2000 2001 2002 2003 2004 FY 2004 Business Management Plan:FY 2005 Business Management Plan: FY 2004-2006 Targets FY 2005-2007 Targets Profit and Free Cash Flow (FCF) Targets 5.0 4.5 3.6 3.5 4.1 ROA (%) At least 4% At least

  17. Slide 17: Business Growth Targets in Fields other than Electric Power

    <Reference> Business Growth Targets in Fields other than Electric Power 16 (Operating Revenues, Billion yen) Living Environment and Lifestyle- (Operating Profit, Billion yen) Operating revenues of about \400 billion and 600 operating loss of about \4 billion from related + Overseas 120 non-electrici

Tokyo Electric Power Company Holdings — FY2004 Earnings Presentation on 6ix