October 26, 2006
FY2006 ending March 31, 2007
Summary of Interim Consolidated Financial Results
(Half-Year Ended September 30, 2006)
Kyushu Electric Power Co., Inc.
Stock code: 9508
(URL: http://www1.kyuden.co.jp/en_index)
Representative: Mr. Shingo Matsuo, President
Contact: Investor Relations Group, Corporate Planning Office
Tel: +81-92-726-1575
Meeting of Board of Directors for Approving Interim Financial Results: October 26, 2006
Application of U.S. accounting standards (yes/no): No
1. Interim Consolidated Financial Results (April 1, 2006-September 30, 2006)
(1) Consolidated Operational Results
(Rounded down to the nearest million yen)
(Unit: million yen) (%) (Unit: million yen) (%) (Unit: million yen) (%)
Half-year ended September 30, 2006 713,235 3.4 127,289 34.3 108,871 47.0
Half-year ended September 30, 2005 689,748 -3.7 94,759 -32.0 74,042 -33.9
Year ended March 31, 2006 1,401,751 171,284 125,279
(Unit: million yen) (%)
Half-year ended September 30, 2006 66,793 57.0 141.10 -
Half-year ended September 30, 2005 42,555 -29.0 89.88 -
Year ended March 31, 2006 76,849 161.67 -
Notes:
1. Profit or loss from investment accounted for by equity method (Unit: million yen):
Half-year ended September 30, 2006: -56, Half-year ended September 30, 2005: 445,
Year ended March 31, 2006: 1,519
2. Average number of outstanding shares during the term (consolidated basis):
Half-year ended September 30, 2006: 473,384,198 shares, Half-year ended September 30, 2005: 473,463,064 shares,
Year ended March 31, 2006: 473,442,379 shares
3. Changes in accounting methods(yes/no): No
4. Percentage shown for sales, operating income, ordinary income and net income in tables above indicate the
percentage change on the interim results for the previous year.
(2) Consolidated Financial Position
Notes: Number of outstanding shares as of term-end (consolidated):
As of September 30, 2006: 473,359,080 shares, As of September 30, 2005: 473,443,608 shares,
As of March 31, 2006: 473,406,213 shares
Stock listed on:
Location of head office: Fukuoka
Fukuoka Stock Exchange
Osaka Securities Exchange,
Tokyo Stock Exchange,
(Unit: yen)
Net income
(Unit: yen)
Sales Operating income Ordinary income
Net earnings per share
Fully-diluted net earnings
per share
Total assets
Shareholders'
equity
Equity ratio
Shareholders' equity
per share
(Unit: million yen) (Unit: million yen) (%) (Unit: yen)
As of September 30, 2006 4,062,846 1,110,069 27.1 2,323.01
As of September 30, 2005 4,047,355 1,018,332 25.2 2,150.90
As of March 31, 2006 4,102,319 1,052,785 25.7 2,223.21
(3) Consolidated Statement of Cash Flow
(4) Scope of Consolidation and Companies Accounted for by Equity Method
Consolidated subsidiaries: 29
Non-consolidated subsidiaries accounted for by equity method: 12
Affiliated companies accounted for by equity method: 13
(5) Changes in Scope of Consolidation and Application of Equity Method
Consolidated subsidiaries By equity method
- Newly added: 3 - Newly added: 2
- Excluded: N/A - Excluded: 1
2. Forecasts for the Year ending March 31, 2007 (Consolidated) (April 1, 2006-March 31, 2007)
References: Expected net income per share [full year] : 130.98 yen
* The above forecasts are based on information available at the date of the release of this document.
Due to various factors, the actual result may differ from these forecasts.
Cash flow from
operating
activities
Cash flow from
investing
activities
Cash flow from
financing
activities
Cash and cash
equivalents balance
as of term-end
(Unit: million yen) (Unit: million yen) (Unit: million yen) (Unit: million yen)
Half-year ended September 30, 2006 172,118 -110,804 -64,748 48,319
Half-year ended September 30, 2005 137,524 -102,758 -34,935 44,262
Year ended March 31, 2006 270,921 -197,081 -66,601 51,675
Sales Operating income Ordinary income Net income
(Unit: 100 million yen) (Unit: 100 million yen) (Unit: 100 million yen) (Unit: 100 million yen)
Annual results 13,980 1,440 1,040 620