TEPCO sales decrease by 10%. Demand for shops and factories falls due to new corona. July 29, 18:46.
TEPCO's financial results for the three months to last month decreased by approximately 10% compared to the same period last year, due to the impact of the spread of the new coronavirus and the drop in electricity demand at stores and factories.
According to TEPCO's financial statements for the three months from April to June, sales were 1,341.3 billion yen, a decrease of 10.8% compared to the same period last year.
Due to the spread of the infection, the demand for electricity for businesses such as shops and schools and for industrial use such as factories decreased, and the main reason was that the sales volume of electricity dropped by more than 9%. Has decreased.
Ritsuo Otsuki, Executive Vice President of TEPCO, said, "I think the impact of the new coronavirus was the largest from April to June, but at least it will remain within the year and the demand for electricity will not recover to the level of the previous year." I said.
Due to these factors, we remain undecided about the business outlook for the year ending March next year.