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 FY2023 1Q
(Presentation materials for investors)
July 31, 2023
Table of Contents11 Financial Results for FY 2023 1Q〔Consolidated〕
Note: Consolidated subsidiaries: 50 companies [-1]
Equity method companies: 48 companies [+1]
FY2023 1Q FY2022 1Q Change %YoY
Ordinary Revenues 505.0 443.6 61.4 13.9%
[ Sales : Figures are included above ] [496.5] [436.7] [59.8] [13.7%]
Ordinary Expenses 404.3 490.9 -86.5 -17.6%
[ Operating Loss/ Income ] [100.2] [-46.6] [146.8] [-]
Ordinary Loss/ Income 100.6 -47.2 147.9 -
Net Loss/Income attributable to
owners of the parent
71.4 -34.8 106.2 -
(Billion of Yen)
Sales increased for the third year in a row.
Ordinary loss/income recorded profit for the first time in two years.
Net loss/income recorded profit for the first time in two years.
Consolidated Sales : 496.5 billion of yen (up 13.7% YoY)
Consolidated Ordinary Loss/income : 100.6 billion of yen
Consolidated Net Loss/income : 71.4 billion of yen
Regarding the financial results for FY2023 1Q, ordinary loss/income and net loss/income attributable to owners of the
parent amounted to a profit, a significant improvement:
- a positive turn in the effect of the time lag of the fuel cost adjustment system, caused by lower fuel prices.
Previous year it had a negative impact, whereas this year it resulted in a gain.
- decreases in fuel costs, reflecting increased operation of nuclear power stations
- decreases in purchased power costs caused by lower prices on the wholesale electricity market
(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 were 16.4 billion kWh (down 6.6% YoY) impacted by decreasing contracted electricity
outside the Kyushu area.
Electricity sales volume for wholesale were 3.5 billion kWh (down 24.4% YoY).
The total electricity sales volume resulted in 20.0 billion kWh (down 10.3% YoY).
FY2023 1Q FY2022 1Q Change % YoY
Retail 16.4 17.6 -1.2 -6.6%
Lighting 5.0 5.0 - -1.2%
Power 11.5 12.6 -1.1 -8.7%
Wholesale 3.5 4.6 -1.1 -24.4%
Total 20.0 22.2 -2.2 -10.3%
1 (1) Factors ➀ Electricity Sales Volume 〔Consolidated〕3(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.
FY2023 1Q FY2022 1Q Change % YoY
Own facilities *1
Hydro 1.4 1.3 0.1 3.8%
[ Water flow rate ] [106.2%] [90.0%] [16.2%]
Thermal 4.6 8.9 -4.3 -48.5%
Nuclear 7.4 3.1 4.3 138.2%
[ Utilization rate ] [85.6%] [36.1%] [49.5%]
New Energy, etc. 0.3 0.3 ― 1.1%
Subtotal 13.7 13.6 0.1 0.4%
Interconnection・Electricity received from other
companies *2
7.7 10.5 -2.8 -26.6%
[ Hydro : Figures are included above ] [0.6] [0.4] [0.2] [29.1%]
[ New Energy etc. : Figures are included above ] [4.7] [5.4] [-0.7] [-13.0%]
For water pumping, etc. -0.6 -0.6 ― -10.3%
Total 20.8 23.5 -2.7 -11.3%
FY2023 1Q FY2022 1Q Change
Nuclear Power 35.7 13.3 22.4
Renewable Energy * 31.5 30.0 1.5
* 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 FY2023 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: Includes also consolidated subsidiaries Kyushu Electric Power Transmission and Distribution Co., Inc. and Kyuden Mirai Energy Co., Inc..
Intersegment transactions have been eliminated.
Note3: 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.
【Consolidated】
1 (1) Factors 3 Others 〔Consolidated〕
Crude Oil CIF Price and Exchange Rate
FY2023 1Q FY2022 1Q Change
Crude Oil CIF Price 84$/b 111$/b -27$/b
Exchange Rate 137\/$ 130\/$ 7\/$4FY2023 1Q FY2022 1Q Change % YoY Explanations
Sales (Operating Revenue) 496.5 436.7 59.8 13.7% Japanese electric power businesses 51.6
Other Revenues 8.5 6.9 1.6 23.9%
Share of profit of entities accounted
for using the equity method:
Figures are included above
[3.7] [1.0] [2.6] 258.5%
Ordinary Revenues 505.0 443.6 61.4 13.9% Japanese electric power businesses 50.0
(Billion of Yen)
Japanese electric power business (Figures are included above)5In Japanese electricity business, sales were 496円.5 billion (up 13.7% YoY) and ordinary revenue was 505円.0 billion (up
13.9% YoY) driven by increases in retail sales by the time lag of the fuel cost adjustment system, despite of decreases in
wholesale sales.
Retail 325.8 302.1 23.6
Unit price difference (Effect of fuel cost adjustments, etc.) 42.0 *
Decrease in retail electricity sales volume -18.0
Wholesale 35.8 56.2 -20.4 Sold power to other suppliers -19.8
Other 85.2 38.5 46.7
Miscellaneous income 47.4
(Subsidies based on the measures to mitigate significant change 54.9)
[Sales] [444.4] [392.7] [51.6]
Ordinary Revenues 446.9 396.9 50.0
1 (2) Ordinary Revenues 〔Consolidated〕
Note: Includes also consolidated subsidiaries Kyushu Electric Power Transmission and Distribution Co., Inc. and Kyuden Mirai Energy Co., Inc..
Intersegment transactions have been eliminated.
* Effect of reaching the upper limit under the fuel cost adjustment system \-10.0 billion and the discount from the national government based on
their measures to mitigate significant change in electricity and gas rates \ -54.9 billion.
Labor 26.0 31.3 -5.3
Salary -5.0
(Increase of seconded staff: Kyuden T&D Service and Kyuden Next)
Fuel 79.4 124.3 -44.8
CIF and exchange gains difference -1.5
Effect of operating nuclear power stations -54.5 *
Purchased power from other
utilities and other suppliers
58.6 130.8 -72.2 Purchased power from other suppliers -71.1
Maintenance 35.8 31.5 4.2 Thermal 3.1 Distribution 1.8
Depreciation 44.9 39.6 5.2 Nuclear 2.9 Transmission 1.0
Interest 5.7 5.5 0.2
Nuclear back-end 18.3 8.1 10.1 Effect of operating nuclear power stations 9.5 *
Other 87.0 83.4 3.6
Ordinary Expenses 355.8 454.8 -98.9
FY2023 1Q FY2022 1Q Change % YoY Explanations
Operating Expenses 396.3 483.3 -87.0 -18.0% Japanese electric power businesses -98.7
Other Expenses 8.0 7.5 0.5 7.0%
Ordinary Expenses 404.3 490.9 -86.5 -17.6% Japanese electric power businesses -98.9
(Billion of Yen)6Note : Includes also consolidated subsidiaries Kyushu Electric Power Transmission and Distribution Co., Inc. and Kyuden Mirai Energy Co., Inc..
Intersegment transactions have been eliminated.
* Effect of operating nuclear power stations (fuel costs + nuclear back-end costs) -45.0
In Japanese electric power business, ordinary expenses were 404円.3 billion (down 17.6% YoY) caused by decreases in fuel
costs, reflecting increased operation of nuclear power stations and decreases in purchased power costs caused by lower
prices on the wholesale electricity market.
1 (3) Ordinary Expenses 〔Consolidated〕
Japanese electric power business (Figures are included above)
FY2023 1Q FY2022 1Q Change % YoY
Ordinary Loss/Income 100.6 -47.2 147.9 -
Provision for Reserve for Fluctuation
in Water Levels
0.2 - 0.2 -
Loss/Income Before Income Taxes 100.4 -47.2 147.6 -
Income Taxes 28.7 -12.7 41.5 -
Net Income Attributable to Non-controlling
Interests
0.2 0.3 -0.1 -41.3%
Net Loss/Income Attributable to Owners
of the Parent
71.4 -34.8 106.2 -
(Billion of Yen)71 (4) Ordinary Loss/Income and Net Loss/Income Attributable to Owners of the Parent
〔Consolidated〕
FY2023 1Q resulted in ordinary loss/income of 100円.6 billion and net loss/income attributable to owners of the parent of
71円.4 billion, a significant improvement.8-47.2
100.6
(+147.9)
+24.0
+45.0
+11.9
+68.0
( Reference ) Factors Affecting Consolidated Ordinary Loss/Income
(Compared with FY2022 1Q)
Japanese electric power business [148.9]
Consolidated
Ordinary
Loss/Income
(FY2022 1Q)
Effect of operating
nuclear power
stations
Consolidated ordinary
Loss/Income
excluding
the effect of time lag
around -5.2
Effect of the time
lag of fuel cost
adjustments
(-42.0→26.0)
Effect of lower
wholesale
electricity trading
prices
Others
Others
Consolidated
Ordinary Loss/Income
(FY2023 1Q)
Consolidated ordinary
Loss/Income
excluding
the effect of time lag
around 74.6-1.0(Billion of Yen)
·A part of variance between the standard fuel price and the actual fuel price in the second half of FY2022 appears as increased revenue
from retail sales in FY2023 1Q [around 82円.0 billion]
·A part of variance between the standard fuel price and the actual fuel price of FY2023 1Q is carried over to FY2023 2Q onward, not
reflected in FY2023 1Q as increased revenue from retail sales [around 56円.0 billion]
The above time lags of fuel cost adjustments pushed up FY2023 1Q profit [around 26円.0 billion] (around 68円.0 billion YoY)9(Reference) Estimate of the effect of time lag of fuel cost adjustments
〔Non-consolidated〕
FY2023 1Q FY2022 1Q Change
Energy
services
businesses
Japanese
electric
power
businesses
Power and Electricity
Sales
Sales 428.1 376.6 51.4
Ordinary Loss/Income 78.1 -64.4 142.6
Transmission and
Distribution businesses
Sales 152.5 158.1 -5.6
Ordinary Income 12.8 6.5 6.3
Inter-segment
transactions eliminated
Sales -136.2 -142.0 5.7
Ordinary Loss/Income - - -
Subtotal
Sales 444.4 392.7 51.6
Ordinary Loss/Income 91.0 -57.9 148.9
Overseas businesses
Sales 1.0 0.9 -
Ordinary Income 2.6 1.4 1.1
Other energy services businesses
Sales 61.2 48.0 13.2
Ordinary Income 5.2 6.9 -1.6
ICT services businesses
Sales 28.0 25.9 2.0
Ordinary Income 0.4 0.5 -
Urban development businesses
Sales 5.5 5.3 0.2
Ordinary Income 1.3 0.6 0.6
Others
Sales 2.2 2.2 -
Ordinary Income 0.1 0.2 -
Inter-segment transactions eliminated
Sales -46.0 -38.7 -7.3
Ordinary Loss/Income -0.1 0.7 -0.9
Total
Sales 496.5 436.7 59.8
Ordinary Loss/Income 100.6 -47.2 147.910[391.0]
[0.9]
[21.4]
[19.6]
[394.3]
[48.1]
[336.5]
[54.5]
[2.5]
[1.0]
[1.0]
[442.5]
[28.5]
[20.2]
[3.1]
[1.0]
[57.8]
[-6.4]
[51.4][-][7.1]
[0.5]
[0.5][-](Billion of Yen)
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."
1 (5) Segment Information 〔Consolidated〕
FY2023 1Q FY2022 1Q Change % YoY
Sales 428.1 376.6 51.4 13.7%
Ordinary Expenses 354.5 446.7 -92.1 -20.6%
Ordinary Loss/ Income 78.1 -64.4 142.6 -
Sales : 428.1 billion of yen (up 13.7% YoY)
Ordinary Loss/Income : 78.1 billion of yen
(Billion of Yen)
Power generation and retail business in Japan, etc.
[Power and Electricity Sales Businesses ]
Sales were 428円.1 billion (up 13.7% YoY) due to increases in retail sales by the time lag of the fuel cost adjustment
system, despite a decrease in wholesale sales.
Ordinary income was 78円.1 billion
- a positive turn in the effect of the time lag of the fuel cost adjustment system, caused by lower fuel prices.
Previous year it had a negative impact, whereas this year it resulted in a gain
- decreases in fuel costs, reflecting increased operation of nuclear power stations
- decreases in purchased power costs caused by lower prices on the wholesale electricity market111 (5) ➀ Power and Electricity Sales Businesses
1 (5) 2 Transmission and Distribution Businesses
FY2023 1Q FY2022 1Q Change % YoY
Sales 152.5 158.1 -5.6 -3.6%
Ordinary Expenses 140.1 152.3 -12.2 -8.0%
Ordinary Income 12.8 6.5 6.3 97.1%
(Billion of Yen)
Transmission and Distribution business within the Kyushu area, etc.
[Transmission and Distribution Businesses]
Sales were 152円.5 billion (down 3.6% YoY), affected by a decrease in wholesale sales along with renewable energy
purchases, mainly due to lower wholesale electricity market prices.
Ordinary income was 12円.8 billion (up 97.1% YoY).
This is caused by decreases in purchase amount from renewable energy and procurement costs from the supply-
demand adjustment market.12Sales : 152.5 billion of yen (down 3.6% YoY)
Ordinary Income : 12.8 billion of yen (up 97.1% YoY)13FY2023 1Q FY2022 1Q Change % YoY
Sales 1.0 0.9 - 9.7%
Ordinary Expenses 2.0 1.6 0.4 28.3%
Ordinary Income 2.6 1.4 1.1 80.1%
Share of profit of entities accounted
for using the equity method:
Figures are included above
[2.0] [0.4] [1.5] [329.0%]
(Billion of Yen)
Sales : 1.0 billion of yen (up 9.7% YoY)
Ordinary Income : 2.6 billion of yen (up 80.1% YoY)
Sales were 1円.0 billion, same level as the previous year.
Ordinary income was 2円.6 billion (up 80.1% YoY) driven by increases in share of profit of entities accounted for using the
equity method.
1 (5) 3 Overseas Businesses
Overseas Power generation business, Transmission and Distribution businesses, etc.
[Overseas Businesses]
1 (5) 4 Other Energy Services Businesses
FY2023 1Q FY2022 1Q Change % YoY
Sales 61.2 48.0 13.2 27.5%
Ordinary Expenses 58.2 42.2 16.0 38.0%
Ordinary Income 5.2 6.9 -1.6 -24.4%
Share of profit of entities accounted
for using the equity method:
Figures are included above
[1.7] [0.7] [0.9] [133.0%]
Sales : 61.2 billion of yen (up 27.5% YoY)
Ordinary Income : 5.2 billion of yen (down 24.4% YoY)
(Billion of Yen)
Sales were 61円.2 billion (up 27.5% YoY) driven by coal sales, a new business started by a consolidated subsidiary as well
by higher sales prices of natural gas.
Ordinary income was 5円.2 billion (down 24.4% YoY) caused by decreases in sales of LNG in overseas LNG projects.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]
1 (5) 5 ICT Services Businesses
FY2023 1Q FY2022 1Q Change % YoY
Sales 28.0 25.9 2.0 7.8%
Ordinary Expenses 27.8 25.4 2.3 9.3%
Ordinary Income 0.4 0.5 - -15.5%
Share of profit/loss of entities accounted
for using the equity method:
Figures are included above
[-0.07] [-0.06] [-0.01] [-]
Sales : 28.0 billion of yen (up 7.8% YoY)
Ordinary Income : 0.4 billion of yen (down 15.5% 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.0 billion (up 7.8% YoY) driven by an increase in contracted information system development.
Ordinary income was 0円.4, same level as the previous year.151 (5) 6 Urban Development Businesses
FY2023 1Q FY2022 1Q Change % YoY
Sales 5.5 5.3 0.2 3.9%
Ordinary Expenses 4.6 4.7 -0.1 -2.8%
Ordinary Income 1.3 0.6 0.6 95.0%
Share of profit/loss of entities
accounted for using the equity method:
Figures are included above
[0.05] [-0.03] [0.09] [-]
Sales : 5.5 billion of yen ( up 3.9% YoY)
Ordinary Income : 1.3 billion of yen ( up 95.0% YoY)
(Billion of Yen)
Urban development business, Real estate business, Social infrastructure business, etc.
[Urban Development Businesses]
Sales were 5円.5 billion (up 3.9% YoY) due to an increase in real estate revenues.
Ordinary income was 1円.3 billion (up 95.0% YoY).16Jul.31, 2023 Mar.31, 2023 Change
Assets 5,522.1 5,603.6 -81.4
Liabilities 4,828.7 4,986.4 -157.7
Interest-bearing Debt:
Figures are included above
[3,982.5] [3,991.5] [-8.9]
Equity 693.4 617.2 76.2
Equity Ratio (%) 12.0 10.4 1.6
(Billion of Yen)
2 Financial Status for FY2023 1Q〔Consolidated〕
Assets were 5,522円.1 billion (a decrease of 81円.4 billion from the end of FY2022) due primarily to decreases in current
assets such as cash and deposits, despite of increases in fixed assets by capital investment.
Liabilities were 4,828円.7 billion (a decrease of 157円.7 billion from the end of FY2022) due primarily to a decrease in other
current liabilities such as unpaid construction expenses.
Equity was 693円.4 billion (an increase of 76円.2 billion from the end of FY2022) due primarily to net income attributable to
owners of the parent.
As a result, equity ratio increased by 1.6 points to 12.0% compared with the end of FY2022.1718
3 Financial Forecasts for FY2023
Forecast of sales and ordinary income remain the same as previously announced (April 2023)
Consolidated Sales :2,250.0 billion of yen
Consolidated Ordinary Income: 120.0 billion of yen
This announcement
Previous
announcement(April)
Change % YoY
Sales 2,250.0 2,250.0 ― ―
Operating Income 140.0 140.0 ― ―
Ordinary Income 120.0 120.0 ― ―
Net Income attributable to
owners of the parent
90.0 90.0 ― ―
This announcement
Previous
announcement(April)
Change
Retail 74.5 billion kWh 74.5 billion kWh ―
Wholesale 18.7 billion kWh 18.7 billion kWh ―
Total Volume 93.2 billion kWh 93.2 billion kWh ―
Crude Oil CIF Price 90 $/b 90 $/b ―
Exchange Rate 130 \/$ 130 \/$ ―
Nuclear transmission-end figure
[Utilization rate ]
31.6 billion kWh 31.6 billion kWh ―
(Billion of Yen)
(Reference) 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
[90.5%] [90.5%] [―]
4 Forecasts of Dividends for FY2023 19
Regarding forecasts of dividends for FY2023, based on a comprehensive analysis of financial forecasts for FY2023 and
medium to long-term balance situation and financial and other factors, we plan to pay a dividend of 20円.0 per common
share and to pay dividend of 1,933,333円 per Class B preferred shares, there is no change to the previous forecast.
The dividend for Class B preferred shares is assumed to become effective as of the date of issuance which is August 1,
2023.
Appendix
FY2023 1Q FY2022 1Q Change % YoY
325.8 302.1 23.6 7.8%
(Billion of Yen)
FY2023 1Q FY2022 1Q Change % YoY
35.8 56.2 -20.4 -36.3%
Retail sales Wholesale sales
(Billion of Yen)202. Decrease in retail electricity sales volume -18.0
1. Sold power to other suppliers -19.8
Revenues from Retail sales and Wholesale sales
〔Japanese electric power businesses〕
1. Unit price difference
(Effect of fuel cost adjustments, etc.) 42.0
Change Change21Others
FY2023 1Q FY2022 1Q Change % YoY
85.2 38.5 46.7 121.3%
(Billion of Yen)
Revenues from Others〔Japanese electric power businesses〕
1.Miscellaneous income 47.4
(Subsidies based on the measures to mitigate significant change * 54.9)
Change
* Discount amount based on measures to mitigate significant change in electricity
and gas rates(governmental decision in October 2022 )
1. Purchased power from other suppliers -71.122FY2023 1Q FY2022 1Q Change % YoY
79.4 124.3 -44.8 -36.1%
1. CIF and exchange gains difference -1.5
2. Effect of operating nuclear power stations -54.5
Fuel Purchased power
FY2023 1Q FY2022 1Q Change % YoY
58.6 130.8 -72.2 -55.2%
(Billion of Yen) (Billion of Yen)
Expenses for Fuel and Purchased power〔Japanese electric power businesses〕
FY2023 1Q FY2022 1Q Change
Coal($/t) 272 299 -27
LNG($/t) 683 799 -117
Crude oil($/b) 84 111 -27
【Reference1】 All Japan CIF prices
【Reference2】 Fuel consumption
FY2023 1Q FY2022 1Q Change
Coal (ten thousand ton) 91 196 -105
LNG (ten thousand ton) 29 49 -19
Heavy oil (ten thousand kiloliter) 1 - -
Change Change23FY2023 1Q FY2022 1Q Change % YoY
35.8 31.5 4.2 13.5%
FY2023 1Q FY2022 1Q Change % YoY
44.9 39.6 5.2 13.2%
Maintenance Depreciation
(Billion of Yen) (Billion of Yen)
Expenses for Maintenance and Depreciation 〔Japanese electric power businesses〕
1. Thermal 3.1
2. Distribution 1.8
Change
1. Nuclear 2.9
Change
2. Transmission 1.0
(Billion of Yen)
Others
Labor24(Billion of Yen)
FY2023 1Q FY2022 1Q Change % YoY
26.0 31.3 -5.3 -17.1%
FY2023 1Q FY2022 1Q Change % YoY
111.0 97.0 14.0 14.4%
1. Nuclear back-end 10.1
Expenses for Labor and Others 〔Japanese electric power businesses〕
Change Change
1. Salary * -5.0
* Increase of seconded staff: Kyuden T&D Service and Kyuden Next25Forecasts of Financial Results for FY2023
Effect of Fluctuations related to Key factors〔Consolidated〕
FY2023 Effect of fluctuations*
Crude Oil CIF Price 90$/b
(Low crude oil price per 1$/b)
Around +0.4 billion of yen
Exchange Rate 130\/$
(Appreciation of the yen per 1\/$)
Around +1.0 billion of yen
Nuclear
transmission-end figure
[Utilization rate ]
31.6 billion kWh
[90.5%]
(Per +1%) Around +3.0 billion of yen
* The impact on profits from July onward in case Key Factors fluctuate.
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