Financial information
Consolidated financial statements
2022 dates from April 1, 2022 to March 31, 2023
Balance sheets (2018-2022)
Assets
(Unit: Billions of yen)
2018 | 2019 | 2020 | 2021 | 2022 | |||
---|---|---|---|---|---|---|---|
Noncurrent assets | 4,188.4 | 4,368.9 | 4,497.9 | 4,610.1 | 4,741.9 | ||
Electric utility plant and equipment and other noncurrent assets | 2,756.4 | 2,841.8 | 3,085.1 | 3,109.0 | 3,452.3 | ||
Construction in progress | 665.6 | 740.1 | 621.4 | 673.2 | 399.5 | ||
Nuclear fuel | 267.8 | 240.9 | 229.7 | 222.3 | 224.3 | ||
Investments and other assets | 498.5 | 546.0 | 561.5 | 605.4 | 665.6 | ||
Long-term investments | 155.7 | 202.4 | 215.9 | 246.3 | 263.9 | ||
Reserve fund for reprocessing of irradiated nuclear fuel | - | - | - | - | - | ||
Assets for retirement benefits | 14.0 | 6.2 | 22.4 | 26.6 | 12.5 | ||
Deferred tax assets | 189.8 | 164.2 | 144.0 | 140.7 | 172.3 | ||
Other | 138.8 | 173.0 | 179.0 | 191.7 | 216.8 | ||
Current assets | 605.5 | 579.1 | 630.6 | 732.1 | 861.7 | ||
Cash and deposits | 218.2 | 204.0 | 234.1 | 261.6 | 295.4 | ||
Notes and accounts receivable-trade | 228.1 | 235.7 | 148.8 | - | - | ||
Notes and accounts receivable-trade, and contract assets | - | - | - | 177.8 | 196.4 | ||
Inventories | 91.8 | 83.0 | 70.4 | 101.6 | 159.4 | ||
Other | 67.3 | 56.3 | 177.1 | 191.0 | 210.4 | ||
Total assets | 4,794.0 | 4,948.0 | 5,128.5 | 5,342.3 | 5,603.6 |
Liabilities and net assets
(Unit: Billions of yen)
2018 | 2019 | 2020 | 2021 | 2022 | ||
---|---|---|---|---|---|---|
Noncurrent liabilities | 3,105.0 | 3,242.6 | 3,390.3 | 3,582.9 | 3,845.9 | |
Bonds payable | 1,089.8 | 1,154.8 | 1,299.8 | 1,399.9 | 1,485.0 | |
Long-term loans payable | 1,576.2 | 1,640.8 | 1,645.0 | 1,737.2 | 1,908.8 | |
Provision for retirement benefits | - | - | - | - | - | |
Provision for reprocessing of irradiated nuclear fuel | - | - | - | - | - | |
Provision for preparation of the reprocessing of irradiated nuclear fuel | - | - | - | - | - | |
Liabilities for retirement benefits | 99.6 | 102.2 | 88.1 | 85.9 | 80.7 | |
Provision for decommissioning of nuclear power units | - | - | - | - | - | |
Asset retirement obligations | 264.1 | 268.3 | 278.0 | 289.1 | 297.3 | |
Other | 75.1 | 76.2 | 79.2 | 70.6 | 73.9 | |
Current liabilities | 1,014.7 | 1,058.5 | 1,048.4 | 1,075.4 | 1,138.0 | |
Current portion of noncurrent liabilities | 452.4 | 415.1 | 427.2 | 399.6 | 443.5 | |
Short-term loans payable | 115.0 | 118.0 | 123.1 | 120.8 | 124.5 | |
Notes and accounts payable-trade | 70.2 | 65.7 | 78.1 | 142.6 | 141.6 | |
Accrued taxes | 20.3 | 19.4 | 38.0 | 19.7 | 21.4 | |
Provision for loss on the Antimonopoly Act | - | - | - | - | 2.7 | |
Other | 356.5 | 440.2 | 381.9 | 392.5 | 404.1 | |
Reserves under the special laws | 8.9 | 8.8 | 8.2 | 7.6 | 2.5 | |
Reserve for fluctuation in water levels | 8.9 | 8.8 | 8.2 | 7.6 | 2.5 | |
Total liabilities | 4,128.7 | 4,310.1 | 4,447.0 | 4,666.0 | 4,986.4 | |
Shareholders' equity | 657.1 | 632.8 | 646.2 | 632.9 | 565.3 | |
Capital stock | 237.3 | 237.3 | 237.3 | 237.3 | 237.3 | |
Capital surplus | 120.8 | 120.0 | 120.0 | 120.0 | 120.0 | |
Retained earnings | 300.5 | 276.9 | 290.3 | 277.3 | 209.7 | |
Treasury stock | -1.5 | -1.5 | -1.4 | -1.7 | -1.6 | |
Accumulated other comprehensive income | -17.7 | -22.1 | 6.0 | 12.5 | 16.6 | |
Valuation difference on available-for-sale securities | 4.0 | 2.1 | 3.7 | 4.1 | 5.8 | |
Deferred gains or losses on hedges | -4.3 | 0.7 | 3.4 | 4.7 | 11.1 | |
Foreign currency translation adjustment | -3.5 | -4.6 | -5.1 | -1.3 | 6.4 | |
Accumulated amount of adjustments related to retirement benefits | -13.9 | -20.2 | 4.0 | 5.0 | -6.7 | |
Non-controlling interests | 25.8 | 27.3 | 29.1 | 30.8 | 35.1 | |
Total net assets | 665.2 | 637.9 | 681.4 | 676.3 | 617.2 | |
Total liabilities and net assets | 4,794.0 | 4,948.0 | 5,128.5 | 5,342.3 | 5,603.6 |
Note1: Figures are rounded down to the nearest 100 million.
Note2: The Group has applied "Accounting Standard for Revenue Recognition" and the revised "Electricity Business Accounting Regulations“ from the beginning of the fiscal year ended March 31, 2022.
As a result, the consolidated financial statements for the previous fiscal year (FY2020) are calculated retrospectively.