Press Release Back Number(2006)

Notice Regarding a Revised Forecast of Results for the Fiscal Year Ending March 31, 2007

October 11, 2006
Chubu Electric Power Co., Inc.


We have revised the forecast of results for the fiscal year ending March 2007 (April 1, 2006, to March 31, 2007) originally released at the time of our quarterly financial report on July 28, 2006.

1.Forecast Revisions

< Interim > (April 1, 2006 - September 30, 2006)

a.Revised Forecasts of Consolidated Results for the 6-months period Ended September 30, 2006.

  Operating Revenues
(billion yen)
Ordinary Income
(billion yen)
Net Income
(billion yen)
Previous Forecast (A) approx.1,065.0 approx.85.0 approx.54.0
Current Forecast (B) approx.1,095.0 approx.110.0 approx.68.0
Amount of Increase(decrease)
(B)-(A)
30.0 25.0 14.0
Rate of Increase (decrease) 2.8% 29.4% 25.9%
Results for the same period of the previous year 1,038.2 127.6 81.6

b.Revised Forecasts of Non-Consolidated Results for the 6-months period Ended September 30, 2006.

  Operating Revenues
(billion yen)
Ordinary Income
(billion yen)
Net Income
(billion yen)
Previous Forecast (A) approx.1,025.0 approx.80.0 approx.51.0
Current Forecast (B) approx.1,055.0 approx.105.0 approx.65.0
Amount of Increase(decrease)
(B)-(A)
30.0 25.0 14.0
Rate of Increase (decrease) 2.9% 31.3% 27.5%
Results for the same period of the previous year 1,002.0 122.2 78.9

< Full Year > (April 1, 2006 - March 31, 2007)

a.Revised Forecasts of Consolidated Results for the Year Ending March 31, 2007.

  Operating Revenues
(billion yen)
Ordinary Income
(billion yen)
Net Income
(billion yen)
Previous Forecast (A) approx.2,135.0 approx.95.0 approx.57.0
Current Forecast (B) approx.2,200.0 approx.105.0 approx.63.0
Amount of Increase(decrease)
(B)-(A)
65.0 10.0 6.0
Rate of Increase (decrease) 3.0% 10.5% 10.5%
Results for the same period of the previous year 2,150.5 219.6 119.4

b.Revised Forecasts of Non-Consolidated Results for the Year Ending March 31, 2007.

  Operating Revenues
(billion yen)
Ordinary Income
(billion yen)
Net Income
(billion yen)
Previous Forecast (A) approx. 2,050.0 approx. 85.0 approx.52.0
Current Forecast (B) approx. 2,150.0 approx. 95.0 approx. 58.0
Amount of Increase(decrease)
(B)-(A)
65.0 10.0 6.0
Rate of Increase (decrease) 3.2% 11.8% 11.5%
Results for the same period of the previous year 2,069.3 205.9 111.6


2. Reason for revision

For the interim ended September 2006, the key factor for this forecast revision was a steady growth in electric power sales volume mainly from industrial customers, which raised the operating revenues.

For the full fiscal year ending March 2007, the forecast has been revised as inclusion of trend that follows from the interim period. The change was based on transition in operating environment such as an increase in the operating revenues as stated above, and an increase in fuel expense.

Further more, the aforementioned are based on the assumption that Hamaoka Nuclear Power Station No. 5 is to be closed throughout the remaining period of this fiscal year as our previous announcement said.


Items Current Forecast Previous Forecast
Interim Full Year Interim Full Year
Electric Energy Sold(TWh) approx.66.5 approx.132.3 approx.65.0 approx.128.2
CIF crude oil praises ($/b) approx.68 approx.69 approx.65 approx.65
Exchange rate(Inter Bank) (¥/$) approx.115 approx.118 approx.117 approx.120

< Principal figures on which outlook are based >