Slide 1: 2013 2012 2012
2013 3 24 2 2012 2012 11 11 77
Slide 2: Contents
WS POWER kWh
Slide 3: Appendix
2013 3 24 2 4 4 4 5 4 6 4 7 4 8 2013 3 24 4 10 4 11 4 12 Appendix 2012 10 31 2
Slide 4: Results summary
2013 3 24 WS POWER
Slide 5: Summary of results
2011 2012 2012 * * 4-9 4-9 4-9 3,275 3,221 -53 -1.6% 3,240 -18 -0.6% 380 319 -60 -15.9% 270 49 18.5% 325 249 -75 -23.1% 210 39 19.0% 208 159 -49 -23.7% 140 19 13.9% 2011 2012 2012 * * 4-9 4-9 4-9 3,036 2,963 -73 -2.4% 3,000 -36 -1.2% 367 312 -55 -15.0% 280 32 11.6% 310 231 -78 -25.4% 200 31 15.8% 20
Slide 6: Income statement overview
2011 2012 4-9 4-9 337 333 -4 -1.2% 62 53 -9 -15.3% 266 270 4 1.7% 8 9 0 10.2% 118% 100% -18 77% 78% +1 3,275 3,221 -53 -1.6% 581 563 -18 -3.2% 2,127 2,070 -56 -2.7% 91 117 25 28.1% 265 261 -3 -1.3% 208 208 -0 -0.2% /US$ 80 79 -1 5
Slide 7: Ordinary income factors
- 60 - 55 8 8 118% 100% 8 8 -5 - 75 8 +9 8 - 24 - 49 8 6
Slide 8: Results by segment
2011 2012 4-9 4-9 3,275 3,221 -53 3,072 3,018 -53 202 202 -0 2,894 2,901 6 380 319 -60 78 68 -9 38 47 9 40 20 -19 133 138 5 111 111 -0 21 27 5 325 249 -75 208 159 -49 7
Slide 9: Balance sheet
2012 2011 18,497 18,925 427 11,112 10,802 -309 656 1,048 391 3,804 4,148 344 541 545 3 2,382 2,380 -2 1,666 1,773 107 20,163 20,698 534 14,357 14,843 485 1,744 1,735 -9 16,102 16,578 476 4,413 4,520 106 -339 -390 -50 -11 -9 2 4,061 4,120 58 3.5 3.6 20.2% 20.0% 8
Slide 10: Forecast
2013 3 24 WS POWER
Slide 11: Full-year forecast
2012 2011 * 3,221 6,620 6,546 73 1.1% 319 500 498 1 0.4% 249 400 366 33 9.2% 159 270 161 108 67.6% 2012 2011 * 2,693 6,030 5,999 30 0.5% 312 440 423 16 3.9% 231 270 256 13 5.2% 157 180 91 88 96.3% 35 35 70 * 2012 4 27 10
Slide 12: Forecast income factors
+50 +10 +30 15 20 20 366 400 +33 2011 2012 11
Slide 13: Overseas and SPP business
4 2 45 8 4 2012 100 *² / 4 7SPP 4,500 180 2010 2013 1 2011 10 4,000 160 3,500 140 2011 11 113 12 3,000 120 93 92 2,500 100 2012 10 2,000 80 1,500 78 45 60 4 *1 1,000 40 2011 6 IPP 500 20 10 0 0 4 '08 '09 '10 '11 '12 '12 2Q 2012 8 1 2012 / / 11 2 2 6 79 2.5 80 2.6 *1 2012 10 *² 3 12
Slide 14: Appendix
APPENDIX WS POWER ©)
Slide 15: Appendix
APPENDIX 4 15 4 16 4 18 4 19 4 20 4 21 4 22 4 23 4 24 4 25 14
Slide 16: Development projects
4 2011 3 2012 10 4 kW ABWR MOX 2012 10 15
Slide 17: 9 9
9 9 9 9 9 9 9 9 9 9 9 9 9 9 9 9 9 9 9 9 9 9 9 16
Slide 18: Sf PowER
Sf PowER Q)
Slide 19: Thailand SPP and IPP projects
9 SPP 9 4 80% 90% 9 9 2013 1 10 7SPP 7 2013 790MW 90% 9 25 1 GKP1 2012 9 9 2007 9 40% IPP IPP 9 2014 90% 160 kW 1,600MW 9 25 2012 9 IPP 9 2012 10 2012 2015 90% 1,600MW 7SPP 1 110MW 120MW SPP Small Power Producer 9 kW 3 4 2012 9 18
Slide 20: Power projects
*/ GWh 4 28MW 2014 3 4 20MW 2014 9 * * 19
Slide 21: Consolidated results trend
2008 2009 2010 2011 2011 2Q 2012 2Q 7,049 5,844 6,359 6,546 3,275 3,221 6,483 5,302 5,844 6,097 3,072 3,018 565 541 515 448 202 202 6,478 5,355 5,653 6,048 2,894 2,901 571 489 705 498 380 319 132 187 149 153 78 68 74 117 90 95 38 47 58 70 58 57 40 20 307 259 292 285 133 138 226 230 223 220 111 111 8
Slide 22: Non-consolidated results trend
2008 2009 2010 2011 2011 2Q 2012 2Q 6,458 5,304 5,832 5,999 3,036 2,963 -73 6,314 5,186 5,738 5,905 2,996 2,917 -79 1,109 1,089 1,081 1,084 581 563 -18 4,603 3,496 4,064 4,244 2,127 2,070 -56 601 599 592 576 286 282 -4 143 117 93 94 39 46 6 6,011 4,895 5,205 5,576 2,668 2,650 -17 5,882 4,790 5,133 5
Slide 23: Segment results
* 2012 3,034 1,491 5 103 4,633 -1,412 3,221 2Q 3,018 107 5 89 3,221 - 3,221 208 19 6 4 238 11 249 2011 3,088 1,503 9 94 4,694 -1,419 3,275 2Q 3,072 112 9 80 3,275 - 3,275 266 24 21 -0 312 12 325 -54 -12 -3 9 -61 7 -53 -53 -4 -3 8 -53 - -53 -58 -5 -15 4 -74 -0 -75 * 22
Slide 24: Cash flow
2008 2009 2010 2011 2011 2Q 2012 2Q 1,586 1,691 1,512 1,258 373 500 325 421 387 332 324 251 1,097 1,155 1,060 1,004 496 444 -1,323 -1,295 -1,246 -1,368 -602 -917 -156 -135 -302 -642 -295 -681 * -1,502 -979 -737 -684 -304 -274 262 396 265 -109 -228 -417 2,000 CF 1,500 1,000 500 - 2008 2009 2010 2011
Slide 25: Key financial data
2011 2011 2Q 2012 2Q 7,049 5,844 6,359 6,546 3,275 3,221 571 489 705 498 380 319 395 416 563 366 325 249 194 291 195 161 208 159 20,054 20,240 20,123 20,163 20,286 20,698 3,218 3,097 3,016 3,804 3,342 4,148 3,801 4,126 4,157 4,073 4,257 4,129 3,821 4,149 4,148 4,061 4,251 4,120 14,707 14,525 14,290
Slide 26: Electricity sales volume
4 2011 4 -9 42012 4 -9 77 78 266 kWh 270 kWh 9 2011 77 537 25
Slide 27: Electricity sales volume
4 2011 4 -9 4 2012 4 -9 118 100 62 kWh 53 kWh 9 2011 115 103 26
Slide 28: Electricity sales volume
4 2011 4 -9 4 2012 4 -9 8 kWh 9 kWh 9 2011 20 27
Slide 29: Website
http://www.jpower.co.jp/ 28