2019 40.055.6Ordinary revenue target:
Over 125円 billion20202025
2018 52.5
2017 73.6
2016 94.2
Equity ratio target:
Approx. 20%20172016
(End of FY) (FY)2018201920202025
Equity Ratio (Consolidated)
Mid-term targets (End of FY2025)
Approx. 20%
14.7%
(End of FY2020)
Ordinary Income (Consolidated)
Mid-term targets (End of FY2025)
Over 125円billion
Investment over the next 5 years
(FY2021–2025 cumulative)
500円billion
55円.6billion
(FY2020)
Dividends (per share of common stock)
(Kyushu Electric Power)
35円per share
(FY2020)
Growth Investments (Consolidated)
Approx. 415billion
(FY2017–FY2020 cumulative)
Full year
Interim12.312.3
14.7 *
(12.7)
14.7 *
(12.7)(%)(%)13.412.013.3Growth
Investments
Building sustainable
communities together
200円 billion
Energy service
business
300円 billion
Overseas
business
Renewable
energy
(Japan and
overseas)
250円 billion
Urban
developmentandcity planningICTservices
Financial and Non-financial Highlights**Includes amount (approx. 2%) recognized as capital from hybrid
securities (issued October 2020).
Amount shown in parentheses does not include amount recognized as
capital from hybrid securities.
FY2021–FY2025
cumulative
500円billion
(Billions of yen)(FY)35
(\ per share)
17.5 17.53515
20 151530
15 152010 1020162017201820202019Financial and Non-financial Highlights
Value Creation Story A Foundation for Creating Value
Introduction Data
Strategy and Performance05Ratio of Domestic Electricity Business
in Sales*1
(Includes intra-company transactions)
85.7%
Ratio of Zero-emission or FIT Electricity*2
in the Domestic Electricity Business48%Total Thermal Efficiency forThermal Power Stations
(Power generation end)
45.3%
(FY2020 (Lower heating value*3)) (FY2020)
(FY2020)
(FY2020)
The Kyuden Group consists of Kyushu Electric Power
(Kyushu EP), 64 subsidiaries, and 38 affiliated
companies.
(as of March 31, 2021)
Including Matsuura Power Station Unit 2, which began
operating in December 2019, our operations at
coal-fired/LNG power stations with high thermal
efficiency led Kyushu EP to achieve a 45.3% (power
generation end) total thermal efficiency, an
improvement of 1.2%.
*2 Ratio includes energy produced by Kyushu EP and procured from other
companies and represents a value before Non-Fossil Certificate
trading.
*For the information given above, amounts for which Non-Fossil
Certificates were not used, there is no value for renewable energy or
zero-CO2-emission energy sources, and so these are counted as national
average CO2 emissions for electricity production, including that generated
from fossil fuels.
*1 Before elimination of internal transactions
85.7%
Other
Domestic Electricity Business1.3%ICT Service Business5.0%Other Energy
Service
Business8.0%Operating revenues
2,302円.3 billion
(FY2020)
Renewable energy (excl. FIT)
FIT electricity
Nuclear power2017201820162019
2020 45.3 (%)44.144.544.844.843.343.342.842.1
43.4 (%)(FY)Power generation end
Power transmission end
Nuclear Power Station
Utilization Rate
62.4%
Safe, stable operations continued, and the utilization
rate for fiscal 2020 was 62.4%, which continues to be
higher than the national average.
Kyushu EP
National average201220132014201520162017201820192020(FY)
0.0 3.9
0.0 2.30.020.70.02.531.95.036.79.173.119.382.020.662.413.4 (%) (%)
*3 Amount of heat produced when burning fuel (excl. heat from steam produced)149916911349123532365558914264861620162017201820202019(%)(FY)Financial and Non-financial Highlights
Value Creation Story A Foundation for Creating Value
Introduction Data
Strategy and Performance064,180
3,750
3,510
2,570
2,480201520162017201920202018
0.528
0.483
0.463
CO2 emissions (10,000 t-CO2)
CO2 emissions per kWh of electricity sold
(basic emissions coefficient in kg-CO2/kWh)
CO2 emissions per kWh of electricity sold
(post-adjustment emissions coefficient in kg-CO2/kWh)(FY)0.347
0.370
0.479
*2 No. of accidents per 200,000 working hours
*Figures for FY2020 given in parentheses are those of Kyushu EP only
CO2 Emissions per
kWh of Electricity Sold
Capacity of Geothermal Power
Generation Equipment
222MW
Frequency Rate of
Workplace Accidents*20.05Grid-connected Solar and
Wind Power Generation
10,880MW
(End of FY2020)
(End of FY2020)
(FY2020)
0.365kg-CO2/kWh (FY2020)20172018201620192020(FY)
National industry average
Kyushu Electric Power (Kyushu EP) and
Kyushu Transmission and Distribution
0.06 0.32
0.05 0.33
0.06 0.330.080.05 (0.02)0.370.39
9,440
10,290
10,290 10,880
10,880
8,530
7,850
6,970
10,020
9,040
8,350
7,460
Solar power
Wind power(MW)As of the end of March 2021, the connected capacity
of solar and wind power on mainland Kyushu stood at
approximately 10,880 MW.
As of the end of December 2020, solar and wind
power FIT-connected capacity on mainland Kyushu
accounts for approximately 17% of the national
capacity.
In order to encourage safety activities throughout the
company, we have implemented internal measures
such as the establishment of the Kyushu EP Safety
Promotion Committee, and in line with Kyushu EP
Safety Promotion Basic Policy, all divisions are
implementing common initiatives.
The Kyuden Group owns about 41% of all geothermal
power generation facilities in Japan, including
Hatchobaru Geothermal Power Station, the largest
facility in the country.
Approx. 41%*1
(End of FY2019)
*1 Taken from "The Current State and Trends of Geothermal
Power Generation," published by the Thermal and Nuclear
Power Engineering Society
*Post-adjustment values are those for which adjustments according to CO2
emissions credit, the feed-in tariff (FIT) system for renewable energy, and
other factors have been applied.
3,28020172018201620192020(FY)
(excl. remote islands)
0.509
0.462
0.438
0.319
0.344
0.365
Percentage of
national average
(Kyuden Group)
0.479kg-CO2/kWh
(post-adjustment emissions coefficient)
(basic emissions coefficient)580590510500490Financial and Non-financial Highlights
Value Creation Story A Foundation for Creating Value
Introduction Data
Strategy and Performance07