Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Tokyo  >  Tokyo Electric Power Company Holding Inc    9501   JP3585800000

SummaryChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsofficial PublicationsSector newsTweets
OFFRE ETE Zonebourse : Jusqu'à 6 mois offerts sur tous les portefeuilles

Tokyo Electric Power : FY 2017 First Quarter Financial Results

share with twitter share with LinkedIn share with facebook
share via e-mail
0
07/28/2017 | 09:09am CEST

Tokyo Electric Power Holdings, Incorporated finalized its consolidated FY2017 First Quarter (April 1 through June 30, 2017) Financial Results today.

On the revenue side, electricity sales revenue decreased 2.7% from the same period of the previous fiscal year to 1,035.2 billion yen due to a 3.6% decrease in electricity sales volume to 54.3 billion kWh etc.
Operating revenue including power sold to other utilities and suppliers (inter-regional electricity sales and electricity sales to other companies) etc. increased 3.8% from the same period of the previous fiscal year to 1,313.3 billion yen. Ordinary revenue increased 2.9% from the same period of the previous fiscal year to 1,325.8 billion yen.

As for expenditures, under the circumstances of the suspension of all nuclear power stations ordinary expenses increased 10.3% from the same period of the previous fiscal year to 1,270.2 billion yen resulting from increased fuel costs due to the rise of fuel prices and increase of the power purchasing costs etc., in spite of the extensive cost reduction efforts for all of TEPCO's companies, such as limiting consumption of relatively expensive fuel.

As a result, ordinary income decreased 59.3% from the same period of the previous fiscal year to 55.6 billion yen.

Net income in the quarter attributable to owners of parent was 148.0 billion yen with 128.6 billion yen being accounted for as grants-in-aid from Nuclear Damage Compensation and Decommissioning Facilitation Corporation under extraordinary income, while 36.0 billion yen was recorded as expenses for nuclear damage compensation under extraordinary loss.

[FY2017 1st Quarter]

[FY2017 Full-year Financial Forecasts](There is no revision from the projections released on May 11, 2017)

Regarding FY 2017 projections, operating revenue is expected to increase by 392 billion yen from the previous fiscal year to around 5,750 billion yen due to an increase of electricity sales revenue by the effects of fuel cost adjustments etc.
In spite of an increase of operating revenue, ordinary income is expected to decrease by 28 billion yen from the previous fiscal year to around 200 billion yen due to an increase of fuel costs and of power purchasing costs etc.
Net income attributable to owners of parent is expected to increase by 155 billion yen from the previous fiscal year to around 288 billion yen with grants-in-aid from Nuclear Damage Compensation and Decommissioning Facilitation Corporation being accounted for as extraordinary income, etc.

: Overview of FY2017 1st Quarter Financial Results (April 1 - June 30, 2017) (PDF 168KB)

TEPCO - Tokyo Electric Power Company Inc. published this content on 28 July 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 28 July 2017 07:08:07 UTC.

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on TOKYO ELECTRIC POWER COMPA
06/15TOKYO ELECTRIC POWER : Death knell for another Fukushima plant
AQ
06/14UPDATE2 : Tepco to scrap another nuclear plant in Fukushima
AQ
06/14TOKYO ELECTRIC POWER : Dialogue with Fukushima governor about Fukushima Daini Nu..
PU
06/14UPDATE1 : Tepco mulling decommissioning Fukushima Daini nuclear plant: chief
AQ
06/14TOKYO ELECTRIC POWER : Japanese utility eyes scrapping 2nd Fukushima nuclear pla..
AQ
06/14TEPCO CONSIDERING DECOMMISSIONING FU : chief
AQ
06/14TOKYO ELECTRIC POWER : Urgent Headline News
AQ
06/11TOKYO ELECTRIC POWER : If Niigata gubernatorial race was a litmus test, Abe and ..
AQ
06/07TOKYO ELECTRIC POWER : Situation of Storing, Treatment of Accumulated Water Incl..
AQ
05/29UPDATE1 : Japanese JV to enter world's largest battery business in Australia
AQ
More news
News from SeekingAlpha
06/11Tepco rallies as election result sparks hope for nuclear power restart 
04/26Tokyo Electric Power Company Holdings ADR reports FY results 
01/30Tokyo Electric Power Company Holdings ADR reports 9M results 
2017Tokyo Electric says Cameco seeking $682M in damages 
2017Tokyo Electric Power Company Holdings ADR reports 1H results 
Financials ( JPY)
Sales 2019 6 076 B
EBIT 2019 -
Net income 2019 244 B
Debt 2019 5 172 B
Yield 2019 -
P/E ratio 2019 3,18
P/E ratio 2020 2,67
EV / Sales 2019 0,99x
EV / Sales 2020 0,86x
Capitalization 815 B
Chart TOKYO ELECTRIC POWER COMPA
Duration : Period :
Tokyo Electric Power Compa Technical Analysis Chart | 9501 | JP3585800000 | 4-Traders
Technical analysis trends TOKYO ELECTRIC POWER COMPA
Short TermMid-TermLong Term
TrendsBearishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 4
Average target price 393  JPY
Spread / Average Target -22%
EPS Revisions
Managers
NameTitle
Tomoaki Kobayakawa Executive President & Director
Takashi Kawamura Chairman
Naomi Hirose Executive Vice Chairman
Hideko Kunii Independent Director
Keita Nishiyama Director & Head-Corporate Planning
Sector and Competitors
1st jan.Capitalization (M$)
TOKYO ELECTRIC POWER COMPANY HOLDING INC12.20%7 427
DUKE ENERGY CORP-11.66%52 085
IBERDROLA3.90%50 059
SOUTHERN COMPANY-7.61%44 946
DOMINION ENERGY-18.20%43 271
EXELON CORPORATION5.28%40 054