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.