Tokyo Electric Power Company Holdings has announced its earnings forecast for this fiscal year, which had not been determined until now, and due to a decline in fuel procurement costs, etc., the final profit will be 247 billion yen, turning the deficit from last year into the black for the first time in two years. revealed the outlook.
Tokyo Electric Power Company (TEPCO) announced on the 29th its earnings forecast for this fiscal year, which had not yet been determined because it was unclear how the release of treated water from the Fukushima Daiichi Nuclear Power Plant would affect its business performance.
According to this report
, sales are expected to be 6,926 billion yen, down 14% from last year, while
final profit is
expected to be 247 billion yen, turning the deficit from last year's 123.6 billion yen into the black for the first time in two years.
Although the company recorded 51.5 billion yen in compensation costs related to the release of treated water, it is said that it will be able to secure a surplus due to lower procurement costs for LNG (liquefied natural gas) and coal, which are used as fuel for thermal power generation.
TEPCO Holdings Vice President Hiroyuki Yamaguchi said at a press conference, ``Although it looks like we will be able to secure a surplus, I feel that there are challenges in our efforts to improve corporate value.We would like to continue streamlining our management.'' .
Meanwhile, on the 28th, Tokyo Electric Power Company applied to the Nuclear Regulation Authority to allow nuclear fuel to be put into the No. 7 reactor as early as April as part of the inspection necessary for restarting the Kashiwazaki-Kariwa Nuclear Power Plant in Niigata Prefecture. However, regarding the timing of restarting operations, Vice President Yamaguchi only stated, ``I cannot give a timing because restarting operations requires the understanding of the local community.''
Vice President Yamaguchi: ``We take the unauthorized viewing of customer information very seriously.''
Regarding the fact that TEPCO Holdings employees and others illegally viewed customer information of a subsidiary that handles electricity transmission and distribution, Vice President Yamaguchi said, ``We take this very seriously.We will investigate the detailed facts and report to the Ministry of Economy, Trade and Industry.'' We would like to respond appropriately to the request for reports to the Electricity and Gas Trading Surveillance Commission."