Tokyo Electric Power Company Holdings, Incorporated · TSE:9501

Tokyo Electric Power — Q1 FY2003 Earnings Presentation

14 slides from Tokyo Electric Power's earnings presentation, Aug 8, 2003

  1. Slide 1: Current Situation of TEPCO's Nuclear Power Plants & Financial Information on Closing of 1st Quarter of FY2003

    Current Situation of TEPCO’s Nuclear Power Plants & Financial Information on Closing of 1st Quarter of FY2003 ( April 1, 2003 - June 30, 2003 ) August 8, 2003 Tokyo Electric Power Company Vice President Katsutoshi Chikudate

  2. Slide 2: Forward Looking Statement

    - Forward Looking Statement - Certain statements in the following presentation regarding Tokyo Electric Power`s business operations may constitute “forward looking statements”. Such statements are not historical facts, but are predictions about the future which inherently involve risks and uncertain

  3. Slide 3: Contents

    Contents Contents Ø Current Situation of TEPCO’s Nuclear Power Plants • Current Operation of TEPCO’s Nuclear Power Plants 1 • Progress of Inspection and Maintenance Works at Nuclear Power Plants 2 • Progress of Maintenance at Nuclear Power Plants (1) 3 • Progress of Maintenance at Nuclear Power Plan

  4. Slide 4: Current Situation of TEPCO's Nuclear Power Plants

    Current Situation of TEPCO’s Nuclear Power Plants

  5. Slide 5: Current Operation of TEPCO's Nuclear Power Plants

    Current CurrentOperation Operationof ofTEPCO’s TEPCO’sNuclear NuclearPower PowerPlants Plants 1 as of August 8, '03 Date of completion Starting date of of leak test on the Date of Date of completion Unit Date of shutdown Date of Plant Name periodical primary getting of periodical No. for inspection

  6. Slide 6: Progress of Inspection and Maintenance Works at Nuclear Power Plants

    Progress Progressof ofInspection Inspectionand andMaintenance MaintenanceWorks Works atatNuclear NuclearPower PowerPlants Plants 2 Leak test on the Plant Name Unit Output Recycling Pipes Jet Pump Shroud CRD Pipes Primary Containment No. (MW) (PLR Pipes) (Wedge, etc.) Vessel Scheduled in or after 1 4

  7. Slide 7: Progress of Maintenance at Nuclear Power Plants (1)

    Progress Progressof ofMaintenance MaintenanceatatNuclear NuclearPower PowerPlants Plants(1) (1) 3 ü Repair works are carried out in accordance with “The Company’s Basic Approach to Maintenance” which we announced on March 11 this year. Ø Core Shroud While shrouds at our plants are assessed to be mai

  8. Slide 8: Progress of Maintenance at Nuclear Power Plants (2)

    Progress Progressof ofMaintenance MaintenanceatatNuclear NuclearPower PowerPlants Plants(2) (2) 4 Ø Recycling Pipes (PLR Pipes) Since certain period of time is necessary to verify the reliability of data from improved ultrasonic testing methods and to evaluate the soundness of the pipes, the pipes w

  9. Slide 9: Financial Result of 1st Quarter of FY2003

    st Financial Result of 1 Quarter of FY2003

  10. Slide 10: Seasonality of TEPCO's Operating Performance in the First Half of Fiscal Year

    Seasonality SeasonalityofofTEPCO TEPCO’s’s Operating OperatingPerformance Performance in inthe theFirst FirstHalf Halfof ofFiscal FiscalYear Year 5 ü Typical patterns of quarterly Income and Expenses in the 1st and 2nd Quarters operating performance. Sales Volume Ø With regard to electric power dema

  11. Slide 11: Overview of Financial Results for the 1st Quarter of FY2003 (Consolidated & Non-consolidated)

    Overview Overviewof ofFinancial FinancialResults Resultsfor forthe the1st 1stQuarter Quarterof ofFY2003 FY2003 (Consolidated (Consolidated& &Non -consolidated) Non-consolidated) 6 (in billion yen) Sales Operating Ordinary Ordinary Recurring Net Income Volume Profit Revenue Expense Profit Consolidate

  12. Slide 12: Overview of Financial Results for the 1st Quarter of FY2003 (Non-consolidated) - Effect of Nuclear Power Issue

    Overview OverviewofofFinancial FinancialResults Resultsfor forthe the1st 1stQuarter Quarterof ofFY2003 FY2003 (Non -consolidated) --Effect (Non-consolidated) Effectof ofNuclear NuclearPower PowerIssue Issue-- 7 Forecast influence of maintenance conduct problem on 1st Quarter of FY2003 in around ¥100

  13. Slide 13: Outlook for FY2003 (Non-consolidated) - Effect of Nuclear Power Issue

    Outlook Outlookfor forFY2003 FY2003(Non -consolidated) (Non-consolidated) --Effect Effectof ofNuclear NuclearPower PowerPlant PlantIssue Issue-- 8 < Assumption> Estimating nuclear power plant utilization factor presumption after incorporating present forecast of inspection and maintenance. Projectio

  14. Slide 14: Outlook for FY2003 (Consolidated & Non-consolidated) - Earnings Projection

    Outlook Outlookfor forFY2003 FY2003(Consolidated (Consolidated& &Non -consolidated) Non-consolidated) --Earnings EarningsProjection Projection-- 9 Our initial earnings projection for the interim period and the full year for FY2003 at the time of announcement of operating results for FY2002 remain un

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