9 major electric power companies are in the red, hit directly by high fuel and depreciation of the yen. 22/9 interim results

　The 2022/9 interim consolidated financial results for the 10 major electric power companies came out on the 1st.
　In addition to the rise in fuel prices such as coal and liquefied natural gas (LNG) against the backdrop of Russia's invasion of Ukraine, the historic depreciation of the yen directly hit management. Nine companies excluding Shikoku Electric Power recorded a deficit in net profit and loss.
　The full-year earnings forecast for the fiscal year ending 23/3 is also undisclosed by TEPCO Holdings (HD) $Tokyo Electric Power (9501.JP)$ and Kyushu Electric Power $Kyushu Electric Power (9508.JP)$ Excluding 8 companies, the final deficit is expected. Of which Chubu Electric Power $Chugoku Electric Power (9504.JP)$ and Hokuriku Electric Power $Hokuriku Electric Power (9505.JP)$ etc. are expected to be the biggest deficit ever.
　Each company has a policy of responding to deterioration in the business environment by reviewing fees and improving management efficiency, but “the business environment is becoming more severe. There was a succession of harsh voices saying “it is difficult to expect an improvement in the future” (Chugoku Electric Power Company President Takimoto Natsuhiko).