Statements made in this overview of operations regarding our strategies and forecasts and other statements that are
not historical facts are forward-looking statements based on management’s assumptions and beliefs in light of
information currently available and should not be interpreted as promises or guarantees. Owing to various uncertainties,
actual results may differ materially from these statements. Investors are hereby cautioned against making investment
decisions solely on the basis of forward-looking statements contained herein.
(Note)
The English translation is for reference purposes only for the convenience of our English-speaking investors.
In case a difference arises regarding the meaning herein, the original Japanese version shall prevail.
Financial Results for FY2024 1Q
(Presentation materials for investors)
July 31, 2024
Table of Contents
1.Financial Results for FY2024 1Q 〔Consolidated〕 P1
Electricity Sales Volume〔Consolidated〕 P2
2 Generated and Received Electricity 〔Consolidated〕 P3
(2) Ordinary Revenues and Ordinary Expenses 〔Consolidated〕 P4
(Reference) Factors Affecting Consolidated Ordinary Income (Compared with FY2023 1Q) P5
(Reference) Estimate of the effect of time lag of fuel cost adjustments 〔Non-consolidated〕 P6
(3) Segment Information 〔Consolidated〕 P7
2.Financial Status for FY2024 1Q 〔Consolidated〕 P8
3.Financial Forecasts for FY2024 P9
4.Forecasts of Dividends for FY2024 P10
1 Power and Electricity Sales Businesses P11
2 Transmission and Distribution Businesses P12
3 Overseas Businesses P13
4 Other Energy Services Businesses P14
5 ICT Services Businesses P15
6 Urban Development Businesses P16
■しかく AppendixP17P18P19P20P21P22P23Labor, Maintenance, Depreciation, Interest, Nuclear back-end, and Others 〔Japanese electric power businesses〕
Forecasts of Financial Results for FY2024 Effect of Fluctuations related to Key factors
■しかくFinancial Results for FY2024 1Q
Operating Income/Loss, Ordinary Income/Loss and Net Income/Loss 〔Consolidated〕
Ordinary Revenues 〔Consolidated〕
Retail, Wholesale and Others 〔Japanese electric power businesses〕
Ordinary Expenses 〔Consolidated〕
Fuel and Purchased power from other utilities and other suppliers 〔Japanese electric power businesses〕
(1) Factors111 Financial Results for FY2024 1Q〔Consolidated〕
FY2024 1Q FY2023 1Q Change %YoY
Ordinary Revenues 511.7 505.0 6.6 1.3
[ Sales : Figures are included above ] [501.1] [496.5] [4.6] [0.9]
Ordinary Expenses 460.6 404.3 56.2 13.9
[ Operating Income] [49.8] [100.2] [-50.3] [-50.3]
Ordinary Income 51.1 100.6 -49.5 -49.2
Net Income attributable to
owners of the parent
36.6 71.4 -34.8 -48.7
(Billion of Yen)
Sales increased for the fourth year in a row
Ordinary income decreased for the first time in two years
Net income decreased for the first time in two years
Consolidated Sales : 501.1 billion of yen (up 0.9% YoY)
Consolidated Ordinary income : 51.1 billion of yen (down 49.2% YoY)
Consolidated Net income : 36.6 billion of yen (down 48.7% YoY)
The financial results for FY2024 1Q showed a decrease in profit YoY mainly due to a decrease of a gain incurred by the
fuel cost adjustment system time lag, fluctuations in wholesale electricity trading prices, and the reduced operation of
nuclear power stations.
(Billion kWh)2【Consolidated electricity sales volume】
Note1: Some rounding errors may be observed.
Note2: Includes also consolidated subsidiaries Kyushu Electric Power Transmission and Distribution Co., Inc. and Kyuden Mirai Energy Co., Inc.
Intersegment transactions have been eliminated.
Electricity sales volume for retail was 16.6 billion kWh (up 0.8% YoY) remaining at the same level as FY2023 1Q.
Although there was a decrease in contracted power within the Kyushu area, the volume of contracted power outside the
Kyushu area increased.
Electricity sales volume for wholesale was 5.5 billion kWh (up 57.4% YoY) mainly due to an increase in exchange trading.
The total electricity sales volume resulted in 22.1 billion kWh (up 10.8% YoY).
FY2024 1Q FY2023 1Q Change % YoY
Retail 16.6 16.4 0.2 0.8
Lighting 5.0 4.9 0.1 1.7
Power 11.5 11.5 - 0.4
Wholesale 5.5 3.5 2.0 57.4
Total 22.1 19.9 2.2 10.8
1 (1) Factors ➀ Electricity Sales Volume 〔Consolidated〕
Crude Oil CIF Price and Exchange Rate
FY2024 1Q FY2023 1Q Change
Crude Oil CIF Price ($/b) 87 84 3
Exchange Rate (\/$) 156 137 19
(Billion kWh)
Regarding the supply to retail and wholesale customers, we were able to deliver electricity in a stable manner through the
comprehensive operation of power generation facilities, including nuclear power, thermal power, water pumping, etc.
As for supply and demand within Kyushu area, we were able to deliver electricity stably through the operation of regulated
power sources and the implementation of renewable energy output control based on the government rules.
FY2024 1Q FY2023 1Q Change % YoY
Own facilities *1
Hydro 1.5 1.4 0.1 11.2
[ Water flow rate (%)] [118.7] [106.2] [12.5]
Thermal 4.6 4.6 - 0.2
Nuclear 6.9 7.4 -0.5 -7.6
[ Utilization rate (%)] [79.2] [85.6] [-6.4]
New Energy, etc. 0.3 0.3 - 1.9
Subtotal 13.3 13.7 -0.4 -2.9
Interconnection・Electricity received from other
companies *2 10.3 7.9 2.4 29.6
[ Hydro : Figures are included above ] [0.6] [0.6] [-] [-1.4]
[ New Energy etc. : Figures are included above ] [5.0] [4.7] [0.3] [6.7]
For water pumping, etc. -0.6 -0.6 - -2.2
Total 23.0 21.0 2.0 9.3
FY2024 1Q FY2023 1Q Change
Nuclear Power 29.9 35.3 -5.4
Renewable Energy * 30.4 31.2 -0.8
* Renewable energy represents a
total of Solar, Wind, Biomass,
Waste, Geothermal and Hydro
(excluding pumping) generated by
our facilities and other companies.
(Reference) Ratio of Generated and Received Electricity (%)
*1 Own facilities’ generation means transmission–end figure.
*2 "Interconnection & other companies’’ includes the volume of electricity recognized as of the end of FY2024 1Q.
Note: Some parts of electricity that do not use non-fossil certificates have no value of renewable energy and CO2 zero emission power.
Those are treated as electricity with the national average CO2 emissions of electricity, including thermal power generations, etc.
1 (1) Factors 2 Generated and Received Electricity 〔Consolidated〕
Note1: Some rounding errors may be observed.
Note2: The difference between the total amount of generated and received electricity and the total amount of electricity sales volume is the amount of power lost, etc.
Note3: Includes also consolidated subsidiaries Kyushu Electric Power Transmission and Distribution Co., Inc. and Kyuden Mirai Energy Co., Inc..
Intersegment transactions have been eliminated.
【Consolidated】3FY2024 1Q FY2023 1Q Change Explanations
Ordinary Revenues 511.7 505.0 6.6
Japanese
electric
power
businesses
Retail 310.9 325.8 -14.9
Increase in retail electricity sales volume 2.5
Unit price difference (Effect of fuel cost adjustments, etc.) -17.5 *1
Wholesale 81.1 35.8 45.3 Sold power to other suppliers 45.7
Others 57.9 85.2 -27.3
Subsidies based on the nationwide measures to mitigate sharp
fluctuations -31.1
Others 61.7 58.1 3.5
Ordinary Expenses 460.6 404.3 56.2
Japanese
electric
power
businesses
Labor 25.9 26.0 -
Fuel 69.7 79.4 -9.7
CIF difference -8.5 Exchange difference 4.5
Effect of operating nuclear power stations 8.5 *2
Increase in received electricity -5.0
Purchased power from other
utilities and other suppliers 124.1 58.3 65.7 Purchased power from other suppliers 65.4
Maintenance 31.1 35.8 -4.6
Depreciation 44.7 44.9 -0.1
Nuclear back-end 15.2 18.3 -3.0 Effect of operating nuclear power stations -1.5 *2
Others 98.2 92.9 5.2
Others 51.4 48.4 2.9
Ordinary Income 51.1 100.6 -49.5
(Billion of Yen)4- Revenue remained at the same level as FY2023 1Q. There was an increase in wholesale sales revenue due to an increase
in the volume of wholesale electricity sales and the recording of capacity contract amounts, however, factors such as the
impact of fuel cost adjustments led to a decrease in retail sales revenue.
- Expenses increased due to an increase in the cost of purchased electricity, which was driven by higher wholesale electricity
market prices, an increase in received electricity and recording of compensation for capacity resources.
1 (2) Ordinary Revenues and Ordinary Expenses 〔Consolidated〕
*1 Effect of reaching the upper limit under the fuel cost adjustment system \ 9.0 billion and the discount from the national government based on their
measures to mitigate sharp fluctuations in electricity and gas rates \ 31.1 billion.
*2 Effect of operating nuclear power stations (fuel costs + nuclear back-end costs) -7.05100.651.1(-49.5)-7.0-15.0
-27.0
( Reference ) Factors Affecting Consolidated Ordinary Income
(Compared with FY2023 1Q)
Japanese electric power business [-50.1]
Consolidated
Ordinary Income
(FY2023 1Q)
Effect of operating
nuclear power
stations
Effect of the time
lag of fuel cost
adjustments
(+26.0→-1.0)
Effect of
fluctuations in
wholesale
electricity trading
prices
Others
Consolidated
Ordinary Income
(FY2024 1Q)
Consolidated ordinary Income
excluding the effect of time lag
around 52.1
Consolidated ordinary Income
excluding the effect of time lag
around 74.6
(Billion of Yen)
Others
-1.1 +0.6
A part of variance between the standard fuel price and the actual fuel price in the second half of FY2023
appears as increased revenue from retail sales in FY2024 1Q [around 32円.0 billion]
Variance between the standard fuel price and the actual fuel price of FY2024 1Q
is carried over to FY2024 2Q onward, not reflected in FY2024 1Q as increased revenue from retail sales [around 33円.0 billion]
The above time lags of fuel cost adjustments push down FY2024 1Q profit [around \-1.0 billion] (around \-27.0 billion YoY)6( Reference ) Estimate of the effect of time lag of fuel cost adjustments
〔Non-consolidated〕
1 (3) Segment Information 〔Consolidated〕
Sales Ordinary Income
FY2024 1Q FY2023 1Q Change FY2024 1Q FY2023 1Q Change
Energy
services
businesses
Japanese
electric
power
businesses
Power and
Electricity
Sales
431.9 428.1 3.7 34.8 78.1 -43.3
TransmissionandDistribution
businesses
155.6 152.5 3.1 6.0 12.8 -6.8
Inter-segment
transactions
eliminated
-141.5 -136.2 -5.2 - - -
Subtotal 446.0 444.4 1.6 40.8 91.0 -50.1
Overseas businesses 0.8 1.0 -0.1 1.8 2.6 -0.7
Other energy services
businesses
64.2 61.2 2.9 6.8 5.2 1.5
ICT services businesses 28.2 28.0 0.2 0.7 0.4 0.2
Urban development businesses 5.6 5.5 0.1 0.9 1.3 -0.4
Others 2.3 2.2 0.1 0.1 0.1 -
Inter-segment transactions eliminated -46.2 -46.0 -0.2 -0.2 -0.1 -
Total 501.1 496.5 4.6 51.1 100.6 -49.5
(Billion of Yen)7[442.5]
[1.0]
[28.5]
[20.2]
Note 1: The above amounts represent figures prior to elimination of transactions among segments.
Note 2: Figures in [ ] represent sales excluding transactions among group companies.
Note 3: Overseas fuel projects are included in "Other energy services businesses."
[395.7]
[48.5]
[394.3]
[48.1]
[3.1]
[1.0]
[0.8]
[444.3]
[30.2]
[21.7]
[2.9]
[1.0]
[1.3]
[0.4]
[1.7]
[-0.1]
[1.7]
[1.5]
[-0.1][-]Jun.30, 2024 Mar.31, 2024 Change
Assets 5,664.5 5,727.2 -62.6
Liabilities 4,709.0 4,806.1 -97.1
Interest-bearing Debt:
Figures are included above
[3,824.3] [3,765.4] [58.8]
Equity 955.5 921.0 34.5
Equity Ratio (%) 16.3 15.5 0.8
(Billion of Yen)
2 Financial Status for FY2024 1Q〔Consolidated〕
Assets were 5,664円.5 billion (a decrease of \-62.6 billion from the end of FY2023) due to a decrease in current assets such
as cash and deposits despite an increase in fixed assets such as investments and other assets.
Liabilities were 4,709円.0 billion (a decrease of \-97.1 billion from the end of FY2023) mainly due to a decrease in other
current liabilities such as unpaid construction costs.
Equity was 955円.5 billion (an increase of 34円.5 billion from the end of FY2023) mainly due to the recording of quarterly net
income attributable to owners of the parent despite a decrease due to dividend payments.
As a result, equity ratio increased by 0.8 points to 16.3% compared with the end of FY2023.89
3 Financial Forecasts for FY2024
Since the last announcement in April, there have been no changes regarding
Sales, Ordinary Income or Net Income
Consolidated Sales : 2,200.0 billion of yen
Consolidated Ordinary Income : 110.0 billion of yen
Consolidated Net Income : 80.0 billion of yen
Previous
announcement(April)
Sales 2,200.0
Operating Income 130.0
Ordinary Income 110.0
Net Income attributable to
owners of the parent80.0Previous
announcement(April)
Retail (billion kWh) 73.4
Wholesale (billion kWh) 23.8
Total Volume (billion kWh) 97.2
Crude Oil CIF Price ($/b) 85
Exchange Rate (\/b) 145
Nuclear
transmission-end figure (billion kWh)
[Utilization rate (%)]30.7[88.1]
(Billion of Yen) [Key Factors]
Note: Electricity sales volume includes also consolidated subsidiaries Kyushu Electric Power Transmission and Distribution
Co., Inc. and Kyuden Mirai Energy Co., Inc. Intersegment transactions have been eliminated
(Reference)Financial forecasts for FY2024
4 Forecasts of Dividends for FY2024
Regarding the dividend forecast for FY2024, there have been no changes since the last announcement. We plan to
distribute a dividend of 50円 per common share (25円 each for the interim and year-end dividends), taking into account the
performance of the current fiscal year as well as the medium- to long-term financial outlook and balance.
Additionally, for Class B preferred shares, we plan to distribute a dividend of 2,900,000円 per share (1,450,000円 each for
the interim and year-end dividends).10( Reference ) Segment Information for FY2024 1Q
FY2024 1Q FY2023 1Q Change % YoY
Ordinary Revenues
[ Sales : Figures are included above ]
438.1
[431.9]
432.7
[428.1]5.3[3.7]1.2[0.9]
Ordinary Expenses 403.2 354.5 48.7 13.7
Ordinary Income 34.8 78.1 -43.3 -55.4
Sales : 431.9 billion of yen (up 0.9% YoY)
Ordinary Income : 34.8 billion of yen (down 55.4% YoY)
(Billion of Yen)
Power generation and retail business in Japan, etc.
[Power and Electricity Sales Businesses ]
Sales were 431円.9 billion (up 0.9% YoY), remaining at the same level as FY2023 1Q. There was an increase in wholesale
sales revenue due to an increase in the volume of wholesale electricity sales and the recording of capacity contract
amounts, however, factors such as the impact of fuel cost adjustments led to a decrease in retail sales revenue.
Ordinary income was 34円.8 billion (down 55.4% YoY) mainly due to a decrease of a gain incurred by the fuel cost
adjustment system time lag, fluctuations in wholesale electricity trading prices, and the reduced operation of nuclear power
stations.11➀ Power and Electricity Sales Businesses
2 Transmission and Distribution Businesses
FY2024 1Q FY2023 1Q Change % YoY
Ordinary Revenues
[ Sales : Figures are included above ]
156.1
[155.6]
152.9
[152.5]3.1[3.1]2.1[2.1]
Ordinary Expenses 150.1 140.1 9.9 7.1
Ordinary Income 6.0 12.8 -6.8 -53.2
(Billion of Yen)
Transmission and Distribution business within the Kyushu area, etc.
[Transmission and Distribution Businesses]
Sales were 155円.6 billion (up 2.1% YoY), mainly due to an increase in transmission revenue driven by higher regional
demand and an increase in wholesale sales revenue from the purchase of renewable energy sources driven by higher
prices in the wholesale electricity market.
Ordinary income was 6円.0 billion (down 53.2% YoY) mainly due to higher costs associated with the purchase of
renewable energy sources and recording of compensation for capacity resources.12Sales : 155.6 billion of yen (up 2.1% YoY)
Ordinary Income : 6.0 billion of yen (down 53.2% YoY)13FY2024 1Q FY2023 1Q Change % YoY
Ordinary Revenues
[ Sales : Figures are included above ]4.1[0.8]4.7[1.0]-0.5[-0.1]
-11.4
[-18.2]
Ordinary Expenses 2.2 2.0 0.1 9.4
Ordinary Income 1.8 2.6 -0.7 -28.0
Share of profit of entities accounted
for using the equity method:
Figures are included above
[1.9] [2.0] [-0.03] [-1.8]
(Billion of Yen)
Sales : 0.8 billion of yen (down 18.2% YoY)
Ordinary Income : 1.8 billion of yen (down 28.0% YoY)
Sales were 0円.8 billion (down 18.2% YoY) mainly due to a decline in revenue from geothermal IPP projects.
Ordinary income was 1円.8 billion (down 28.0% YoY) also affected by a reduction in foreign exchange gains.
3 Overseas Businesses
Overseas Power generation business, Transmission and Distribution businesses, etc.
[Overseas Businesses]
4 Other Energy Services Businesses
Sales : 64.2 billion of yen (up 4.8% YoY)
Ordinary Income : 6.8 billion of yen (up 29.3% YoY)
(Billion of Yen)
Sales were 64円.2 billion (up 4.8% YoY) mainly due to an increase in the volume of LNG transportation services and higher
operation rates at biomass power plants.
Ordinary income was 6円.8 billion (up 29.3% YoY) also due to an increase in equity method investment gains.14Stable energy supply business as construction and maintenance of electrical equipment, Sales of natural gas and LNG
business, Sales of coal business, Renewable energy business, etc.
[Other Energy Services Businesses]
FY2024 1Q FY2023 1Q Change % YoY
Ordinary Revenues
[ Sales : Figures are included above ]67.9[64.2]63.5[61.2]4.4[2.9]6.9[4.8]
Ordinary Expenses 61.1 58.2 2.8 4.9
Ordinary Income 6.8 5.2 1.5 29.3
Share of profit of entities accounted
for using the equity method:
Figures are included above
[2.3] [1.7] [0.5] [32.1]
5 ICT Services Businesses
Sales : 28.2 billion of yen (up 0.8% YoY)
Ordinary Income : 0.7 billion of yen (up 64.9% YoY)
(Billion of Yen)
Data communications business, Optical broadband service business, Telecommunications construction and maintenance
business, Developments for information system business, Data centers business, etc.
[ICT Services Businesses]
Sales were 28円.2 billion (up 0.8% YoY) mainly due to the expansion of optical broadband service sales and an increase in
revenue from corporate solution services.
Ordinary income was 0円.7 billion (up 64.9% YoY).15FY2024 1Q FY2023 1Q Change % YoY
Ordinary Revenues
[ Sales : Figures are included above ]28.2[28.2]28.3[28.0]-[0.2]-0.1[0.8]
Ordinary Expenses 27.5 27.8 -0.3 -1.2
Ordinary Income 0.7 0.4 0.2 64.9
Share of loss of entities
accounted for using the equity
method:
Figures are included above
[-0.08] [-0.07] [-0.01] [-]
6 Urban Development Businesses
Sales : 5.6 billion of yen (up 2.2% YoY)
Ordinary Income : 0.9 billion of yen (down 32.4% YoY)
Urban development business, Real estate business, Public-private partnership, etc.
[Urban Development Businesses]
Sales were 5円.6 billion (up 2.2% YoY) mainly due to an increase in real estate rental income.
Ordinary income was 0円.9 billion (down 32.4% YoY) mainly due to an increase in the cost of sales.16(Billion of Yen)
FY2024 1Q FY2023 1Q Change % YoY
Ordinary Revenues
[ Sales : Figures are included above ]6.0[5.6]5.9[5.5]0.1[0.1]2.8[2.2]
Ordinary Expenses 5.1 4.6 0.5 13.0
Ordinary Income 0.9 1.3 -0.4 -32.4
Share of profit of entities
accounted for using the equity
method:
Figures are included above
[0.09] [0.05] [0.04] [79.5]
Appendix
Operating Income/Loss, Ordinary Income/Loss and Net Income/Loss〔Consolidated〕 17
Ordinary revenues (Billion of Yen)
2024.1Q 2023.1Q Change % YoY
511.7 505.0 6.6 1.3
Ordinary expenses (Billion of Yen)
2024.1Q 2023.1Q Change % YoY
460.6 404.3 56.2 13.9
Ordinary Revenues〔Consolidated〕 18
2024.1Q 2023.1Q 2022.1Q 2021.1Q 2020.1Q
Japanese
electricpowerbusinesses
Retail 310.9 325.8 302.1 258.0 266.0
Wholesale 81.1 35.8 56.2 30.0 11.0
Others 57.9 85.2 38.5 25.5 20.2
Others 61.7 58.1 46.7 39.0 40.1
Ordinary revenues 511.7 505.0 443.6 352.7 337.5
(Reference) Sales 501.1 496.5 436.7 349.9 334.1
Electricity sales volume for retail
(Billion kWh)
16.6 16.4 17.6 17.9 17.1
Electricity sales volume for wholesale
(Billion kWh)
5.5 3.5 4.6 4.2 2.3
(Billion of Yen)19Retail, Wholesale and Others〔Japanese electric power businesses〕
Retail (Billion of Yen)
2024.1Q 2023.1Q Change % YoY
310.9 325.8 -14.9 -4.6
Wholesale (Billion of Yen)
2024.1Q 2023.1Q Change % YoY
81.1 35.8 45.3 126.6
Others (Japanese electric power businesses) (Billion of Yen)
2024.1Q 2023.1Q Change % YoY
57.9 85.2 -27.3 -32.0
(Reference) Sales 〔Consolidated〕 (Billion of Yen)
2024.1Q 2023.1Q Change % YoY
501.1 496.5 4.6 0.9
Ordinary Expenses〔Consolidated〕 20
2024.1Q 2023.1Q 2022.1Q 2021.1Q 2020.1Q
Japanese
electric
power
businesses
Labor 25.9 26.0 31.3 31.7 34.0
Fuel 69.7 79.4 124.3 38.1 40.7
Purchased power from other utilities
and other suppliers
124.1 58.3 130.8 55.7 41.2
Maintenance 31.1 35.8 31.5 29.9 31.5
Depreciation 44.7 44.9 39.6 39.8 35.6
Interest 5.7 5.7 5.5 5.5 5.5
Nuclear back-end 15.2 18.3 8.1 19.5 13.5
Others 92.4 87.2 83.4 73.8 72.9
Others 51.4 48.4 36.0 34.2 35.4
Ordinary Expenses 460.6 404.3 490.9 328.6 310.7
(Reference) Operating expenses 451.3 396.3 483.3 319.5 302.9
(Billion of Yen)212024.1Q 2023.1Q 2022.1Q 2021.1Q 2020.1Q
Fuel 69.7 79.4 124.3 38.1 40.7
Purchased power from other utilities
and other suppliers
124.1 58.3 130.8 55.7 41.2
Water flow rate(%) 118.7 106.2 90.0 97.9 91.4
Nuclear utilization rate(%) 79.2 85.6 36.1 103.9 70.3
(Billion of Yen)
2024.1Q 2023.1Q 2022.1Q 2021.1Q 2020.1Q
Coal ($/t) 159 256 299 108 82
LNG ($/t) 589 664 799 440 462
Crude oil ($/b) 87 84 111 67 32
(Reference1) All Japan CIF prices (Reference2) Fuel consumption
2024.1Q 2023.1Q 2022.1Q 2021.1Q 2020.1Q
Coal (ten thousand ton) 100 91 196 59 151
LNG (ten thousand ton) 27 29 49 39 29
Crude oil (ten thousand kiloliter) 0.6 0.5 0.2 0.2 0.1
Fuel and Purchased power from other utilities and other suppliers
〔Japanese electric power businesses〕22Labor, Maintenance, Depreciation, Interest, Nuclear back-end, and Others
〔Japanese electric power businesses〕
Labor (Billion of Yen)
2024.1Q 2023.1Q Change % YoY
25.9 26.0 -0.0 -0.1
Maintenance (Billion of Yen)
2024.1Q 2023.1Q Change % YoY
31.1 35.8 -4.6 -13.0
Depreciation (Billion of Yen)
2024.1Q 2023.1Q Change % YoY
44.7 44.9 -0.1 -0.4
Interest (Billion of Yen)
2024.1Q 2023.1Q Change % YoY
5.7 5.7 - 0.2
Others (Japanese electric power businesses) (Billon of Yen)
2024.1Q 2023.1Q Change % YoY
92.4 87.2 5.2 6.0
Nuclear back-end (Billion of Yen)
2024.1Q 2023.1Q Change % YoY
15.2 18.3 -3.0 -16.923Forecasts of Financial Results for FY2024
Effect of Fluctuations related to Key factors
Key factors
(FY2024)
Effect of fluctuations*
Crude Oil CIF Price ($/b) 85
(High crude oil price per 1$/b)
Around -0.1 billion of yen
Exchange Rate (\/$) 145
(Depreciation of the yen per 1\/$)
Around -0.5 billion of yen
Nuclear
transmission-end figure (billion kWh)
[Utilization rate (%)]30.7[88.1]
(Per +1%)
Around +2.5 billion of yen
* The impact on performance if key factors fluctuate after July 2024.
For more information, please contact:
Investor Relations Group
Corporate Strategy Division
KYUSHU ELECTRIC POWER CO.,INC.
TEL : +81 92 726 1575
URL :https://www.kyuden.co.jp/english_ir_index.html