Trends of Electricity Demand

Summary of business performance in FY2015 (from April 1, 2015 to March 31, 2016)

 Japan's economy in FY2015 made a continuous recovery at a low space as a whole, thanks to the rise of capital investment and improvement in corporate revenues and employment environment.
 However, export and production became weakened due to the effect of the higher value of the yen as well as sluggish economy in newly emerging countries including China.
 Economic conditions in the Hokuriku region continued to make a recovery, due to the positive effect of the increased nonresident population following the commencement of commercial service of Hokuriku Shinkansen bullet train from Tokyo to Kanazawa.
 In such economic situation, our electricity sales for lighting service and commercial customers during the year fell from the previous year's level, due to the decreased demands for space heating as the temperature in winter remained higher than the previous year. Our electricity sales for the year in the industrial and other sectors remained unchanged compared to the previous year's level.
 Consequently, our electricity sales amounted to 27.518 billion kWh (inclusive of 18.262 billion kWh for specified-scale demand), which decreased by 1.3% compared to the previous year.
 We faced difficulties regarding supply capability for not being able to operate Units 1 and 2 of Shika Nuclear Power Station this year as well.
 Accordingly, thanks to the cooperation of our customers to save power during summer and winter seasons and the fact that the flow rate (107.0%) was higher than that in the average year, in addition to implementing various measures on supply side including the adjustment of the timing of repair work at our hydroelectric and thermal power stations, we were able to maintain electricity supply.

Summary of business performance in FY2015

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