TEPCO's financial results for the year to last month decreased compared to the previous year due to stagnant corporate activities due to the spread of the new coronavirus infection and intensifying competition in the retail business.
TEPCO's financial results for the entire group for the year to last month were ¥ 5,086.8 billion, a decrease of 6% from the previous year, and ¥ 189.8 billion, a decrease of 28% in ordinary income.
This is mainly due to the stagnation of corporate activities due to the spread of the new coronavirus infection and the continued decline in electricity sales due to intensifying competition in the retail business.
On the other hand, the final profit increased about 3.5 times to 1808 in reaction to the extraordinary loss of the cost related to the removal of nuclear fuel, so-called "fuel debris", which was melted down in the accident at the Fukushima Daiichi Nuclear Power Station in the previous year. It was 100 million yen.
In addition, regarding the one-year earnings forecast up to March next year, the Kashiwazaki-Kariwa Nuclear Power Station has been given an administrative punishment for corrective measures because of a serious deficiency in anti-terrorism measures, and there is no prospect of restarting at this point. Then, it is undecided.
Tomoaki Kobayakawa, president of TEPCO, said at a press conference, "A series of inappropriate incidents have occurred, and the Kashiwazaki-Kariwa nuclear power plant is not expected to restart. ".