July 29, 2008
Kyushu Electric Power Company Inc.
Financial Forecast Revision for FY200
Financial Forecast Revision for FY200
Financial Forecast Revision for FY200
Financial Forecast Revision for FY2008888Kyushu Electric Power Company Inc., has revised the financial forecasts for FY2008 (from April 1st,
2008 to March 31st, 2009) announced on April 30th, 2008 based on the recent business circumstances
and its performance.
1. Revised Forecast for financial results for FY2008
(Consolidated)
(1) Revised Forecast for Interim Financial Results (April 1st, 2008-September 30th, 2008)
(million yen)
Operating Revenues
Operating Revenues
Operating Revenues
Operating Revenues Operating Income
Operating Income
Operating Income
Operating Income Ordinary Income
Ordinary Income
Ordinary Income
Ordinary Income Net Income
Net Income
Net Income
Net Income EPSEPSEPSEPSThe Original Forecast (A) 750,000 46,000 30,000 18,000 38円.04
The Revised Forecast (B) 750,000 27,000 11,000 10,000 21円.13
Changes in Amount (B – A) - -19,000 -19,000 -8,000 -16.91
Rate of Changes (%) - -41.3 -63.3 -44.4 -44.5
FY2007 Actual Results 782,763 75,511 61,447 37,513 79円.28
(2) Revised Forecast for Full-year Financial Results (April 1st, 2008-March 31st, 2009)
(million yen)
Operating Revenues
Operating Revenues
Operating Revenues
Operating Revenues Operating Income
Operating Income
Operating Income
Operating Income Ordinary Income
Ordinary Income
Ordinary Income
Ordinary Income Net Income
Net Income
Net Income
Net Income EPSEPSEPSEPSThe Original Forecast (A) 1,523,000 82,000 51,000 30,000 63円.40
The Revised Forecast (B) 1,535,000 32,000 0 0 0円.00
Changes in Amount (B – A) 12,000 -50,000 -51,000 -30,000 -63.40
Rate of Changes (%) 0.8 -61.0 -100.0 -100.0 -100.0
FY2007 Actual Results 1,482,351 105,540 72,372 41,726 88円.19
(Non-consolidated)
(1) Revised Forecast for Interim financial results (April 1st, 2008-September 30th, 2008)
(million yen)
Operating Revenues
Operating Revenues
Operating Revenues
Operating Revenues Operating Income
Operating Income
Operating Income
Operating Income Ordinary Income
Ordinary Income
Ordinary Income
Ordinary Income Net Income
Net Income
Net Income
Net Income EPSEPSEPSEPSThe Original Forecast (A) 710,000 45,500 29,000 17,000 35円.90
The Revised Forecast (B) 710,000 26,500 10,000 9,000 19円.01
Changes in Amount (B – A) - -19,000 -19,000 -8,000 -16.89
Rate of Changes (%) - -41.8 -65.5 -47.1 -47.0
FY2007 Actual Results 691,688 70,761 55,185 34,002 71円.81
(2) Revised Forecast for the financial results for the Year Ending March 31, 2009
(April 1st, 2008-March 31st, 2009)
(million yen)
Operating Revenues
Operating Revenues
Operating Revenues
Operating Revenues Operating Income
Operating Income
Operating Income
Operating Income Ordinary Incom
Ordinary Incom
Ordinary Incom
Ordinary Incomeee
e Net Income
Net Income
Net Income
Net Income EPSEPSEPSEPSThe Original Forecast (A) 1,437,000 75,000 40,000 23,000 48円.58
The Revised Forecast (B) 1,449,000 25,000 -10,000 -6,000 \-12.67
Changes in Amount (B – A) 12,000 -50,000 -50,000 -29,000 -61.25
Rate of Changes (%) 0.8 -66.7 - - -
FY2005 Actual Results 1,392,059 93,962 60,070 35,683 75円.37
2. The Reason for Revision
Kyushu Electric Power has revised the financial forecasts as above as we expect an increase in
fuel cost due to soaring fuel prices and will revise electricity rates on September 1st, 2008.
[Basis for Non-consolidated Forecast]
(100million kWh,$/b. \/$)
The Original Forecast (A) The Revised Forecast(B) Changes in Amount (B-A)
Electricity Sales <440> 879 <440> 879 <-> -
Crude Oil (CIF) Price <93> 93 <125> 125 <27> 32
Currency Exchange Rate <105> 105 <105> 105 <-> -
Note: Numbers in parentheses are for interim results
Disclaimer
Disclaimer
Disclaimer
Disclaimer
Statements made herein regarding Kyushu Electric Power Company's forecasts are based on management's
assumptions and beliefs in light of information currently available. Owing to various uncertainties, actual results may
differ materially from these statements.