April 30, 2024
The Fiscal Year Ended March 31, 2024 Financial Results Overview 〔 Japan GAAP〕 （ Consolidated）
Kyushu Electric Power Co., Inc.
Stock code: 9508 URL: https://www.kyuden.co.jp/english_index.html
Stock listed on: Tokyo SE, Fukuoka SE
Representative: Mr. Kazuhiro Ikebe, President & Chief Executive Officer
Contact: Investor Relations Group, Corporate Strategy Division. Tel: +81-92-726-1575
General Meeting of Stockholders date (plan) : June 26, 2024
Commencement of payment of year-end dividend: June 27, 2024
Annual security report submission date (plan): June 27, 2024
Preparation of supplementary materials for quarterly financial results: Yes
Information meeting for quarterly financial results: Yes (for analysts and institutional investors)(Rounded dow n to the nearest million yen)

1. Consolidated Financial Results for FY2023(April 1, 2023 to March 31, 2024)(1) Consolidated Operational Results(% show s the changes from the previous FY)

SalesOperating income(Unit: million yen)(%)

(Unit: million yen)

2,139,447
2,221,300

-3.7
27.4

254,919-72,998

FY2023 ended March 31, 2024
FY2022 ended March 31, 2023

(Note) Comprehensive income : FY2023 215,505 million yen (－%)

(Unit: yen)

(Unit: million yen)

238,161-86,634(%)(Unit: million yen)(%)

166,444-56,429－－－－

FY2022 -50,187 million yen (－%)
Net returnon shareholders'equity(Unit: yen)342.30-123.81

FY2023 ended March 31, 2024
FY2022 ended March 31, 2023

(%)

－
－

Fully-diluted
net earnings
per share

Net income
per share

Profit attributable toowners of parent

Ordinary income－－

Ratio of current
income tototal capital

Ratio of current
income to sales

(%)

(%)

(%)

22.6
-9.2

4.2
-1.6

11.9
-3.3

(Reference) Investment Profit/Loss under Equity Methods : FY2023 11,732 million yen FY2022 9,096 million yen(Note) Fully-diluted EPS for FY2023 is not indicated because there are no delutive potential shares
Fully-diluted EPS for FY2023 is not indicated because EPS for FY2022 w as minus and there are no delutive potential shares(2) Consolidated Financial Position
Total assets

FY2023 ended March 31, 2024
FY2022 ended March 31, 2023

Net assets

Shareholders' equity ratio

Net assets per share(Unit: million yen)

(Unit: million yen)(%)

(Unit: yen)

5,727,240
5,603,678

921,043
617,230

15.5
10.4

1,452.10
1,015.22(Reference) Shareholders' equity: FY2023 890,529 million yen FY2022 582,064 million yen(3) Consolidated Cash Flow
Cash flow from operating
activities
FY2023 ended March 31, 2024
FY2022 ended March 31, 2023

Cash flow frominvestment activities

Cash and cash
equivalents balance as ofterm-end

Cash flow fromfinancing activities(Unit: million yen)

(Unit: million yen)

(Unit: million yen)

(Unit: million yen)

586,084
30,504-344,320-328,874-150,526
324,770

364,213
270,651

2. Dividends
Annual dividends per share(Record date)

1Q

Interim

3Q

Year-end

Total(Unit: yen) (Unit: yen) (Unit: yen) (Unit: yen) (Unit: yen)

FY2022 ended March 31, 2023
FY2023 ended March 31, 2024
FY2024 ending March 31,
2025 (forecast)

－
－

0.00
0.00

－
－

0.00
25.00

0.00
25.00

－

25.00

－

25.00

50.00

Total dividends

Payout ratio(annual)(consolidated)(Unit: million yen)

－

(%)

－
11,847

Dividend rate for
net assets(consolidated)
(%)

－
7.3
31.9

(Note) See 'Dividends for Class Shares' regarding dividends for class shares which differ in shareholders' right from commonshares.

2.0

3. Forecast of Financial result for FY2024 (April 1, 2024 to March 31, 2025)
Sales

Operating income(Unit: million yen)

Full-year(%) (Unit: million yen)

2,200,000

2.8

130,000

Profit attributable toow ners of parent

Ordinary income(%) (Unit: million yen)

-49.0(%) (Unit: million yen)

110,000-53.8

80,000Net earnings
per share(%)(Unit: yen)

-51.9

156.91※ Note(1)Changes in significant subsidiaries (changes in scope of specified subsidiaries) : No
Newly added:0
Excluded:0(2) Changes in accounting principles, changes in accounting estimates, restatement① Changes in accounting principles in line with revised accounting standards : No
② Changes in accounting principles other than ① : No
③ Changes in accounting estimates : No
④ Restatement : No
(3) Number of common stocks issued and outstanding① Total stocks including treasury stocks at the end of period
FY2023 474,183,951 shares
FY2022 474,183,951 shares② Treasury stocks at the end of period
FY2023 1,307,901 shares
FY2022 1,416,422 shares③ Average number of stocks during the period
FY2023 472,841,889 shares
FY2022 472,752,795 shares(Note) The number of our shares regarding "Board Benefit Trust (BBT)" held by the Trust was included in the number of treasury
stocks at the end of period ( 723,000 shares as of FY2023 and 842,000 shares as of FY2022) . In addition, the number ofour shares held by the Trust was included in the number of treasury stocks, which was to be deducated from the calculation of
the average number of stocks during the period. (763,000 shares for FY2023 and 861,000 shares for FY2022)(Reference) Outline of Non-consolidated Financial Results
Non-consolidated Financial Results for FY2023 (April 1, 2023 to March 31, 2024)(1) Non-Consolidated Operational Results(% show s the changes from the previous FY)

Sales(Unit: million yen)

Operating income(%)(Unit: million yen)

Ordinary income(%)(Unit: million yen)(%)

FY2023 ended March 31, 2024

1,794,068-6.1

160,227－

161,743－

FY2022 ended March 31, 2023

1,910,515

31.3-130,987－-140,013－

Net earnings per share

Net income(Unit: million yen)(%)

(Unit: yen)

Fully-diluted net earnings
per share(Unit: yen)

FY2023 ended March 31, 2024

129,408－

263.81－

FY2022 ended March 31, 2023

-88,686－-191.91－(Note) Fully-diluted EPS for FY2023 is not indicated because there are no delutive potential shares
Fully-diluted EPS for FY2023 is not indicated because EPS for FY2022 w as minus and there are no delutive potential shares(2) Non-Consolidated Financial Position
Total assets
FY2023 ended March 31, 2024
FY2022 ended March 31, 2023

Net assets

Shareholders' equity ratio

Net assets
per share(Unit: million yen)

(Unit: million yen)(%)

(Unit: yen)

4,894,014
4,834,743

561,419
330,18111.5
6.8

755.64482.13(Reference) Shareholders' equity: FY2023 561,419 million yen FY2022 330,181 million yen*Financial results are not subject to audit procedures*Notes on the proper use of the forecasts
Looking-forward statements are based on information available at the date of the release of this document. Due to various factors, theactual result may differ from these statements.
We will post supplementary materials for financial results on our website.

(Reference) Dividends for Class Shares
The breakdown of dividend for class shares which differ in shareholders' rights from common shares is as follows.
Class Bpreferred shares

1Q(Unit: yen)

2Q

Annual dividends per s hare
3Q

(Unit: yen)

(Unit: yen)

Year-end

Total(Unit: yen)

(Unit: yen)

FY2023 ended March 31, 2024

―

0.00

―

1,933,333.00

1,933,333.00

FY2024 ending March 31,2025(forecast)―1,450,000.00―

1,450,000.00

2,900,000.00(Note) The Company issued Class B preferred shares by way of third-party allotment on August 1,2023. Additionally, on the same day,the Company acquired and cancelled the Class A preferred shares.

Kyushu Electric Power Co., Inc. (9508)
Financial Results Overview for FY2023○ Table of Contents of Attached Material
1. Consolidated Financial Statements and Main Notes・・・・・・・・・・・・・・・・・・・・ 2(1) Consolidated Balance Sheets・・・・・・・・・・・・・・・・・・・・・・・・・・

2(2) Consolidated Income Statements and Consolidated Comprehensive Income Statements・・・・ 44(3) Consolidated Statements of Changes in Shareholders’ Equity ・・・・・・・・・・・・・・ 66(4) Consolidated Statements of Cash Flows

・・・・・・・・・・・・・・・・・・・・・・ 88(5) Notes on Consolidated Financial Statements

・・・・・・・・・・・・・・・・・・・・ 10(Note on the premise of going concern)・・・・・・・・・・・・・・・・・・・・・・・ 10
10(Segment information)・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・10(Significant subsequent event)・・・・・・・・・・・・・・・・・・・・・・・・・・・12

Please note that this purports to be an accurate and complete translation of the original Japaneseversion prepared for the convenience of our English-speaking audience. However, in the case of any
discrepancy between the translation and the Japanese original, the latter shall prevail.

-1-

Kyushu Electric Power Co., Inc. (9508)
Financial Results Overview for FY2023

1. Consolidated Financial Statements and Main Notes（1） Consolidated Balance Sheets
As of March 31, 2023
AssetsNon-current assets
Electric utility plant and equipment
Hydroelectric power production facilities
Thermal power production facilities
Nuclear power production facilities
Internal combustion engine power production facilities
Renewable power production facilities
Renewable power production and related facilities
Transmission facilities
Transformation facilities
Distribution facilities
General facilities
Other electric utility plant and equipment
Other non-current assets
Construction in progress
Construction and retirement in progressSpecial account related to nuclear power decommissioning
Special account related to reprocessing of spent nuclear fuelNuclear fuelLoaded nuclear fuelNuclear fuel in processing
Investments and other assets
Long-term investments
Retirement benefit asset
Deferred tax assets
Other
Allowance for doubtful accounts
Current assets
Cash and deposits
Notes and accounts receivable - trade, and contract assets
Inventories
Other
Allowance for doubtful accounts
Total assets-2-

4,741,917
3,034,210
273,970
224,632
769,301
21,70821,406－
678,862
239,681663,456
131,155
10,036418,165
399,521248,184
35,041
116,295
224,372
50,122
174,249
665,647
263,961
12,537
172,337
218,252-1,441
861,761
295,450
196,439
159,420
214,031-3,581
5,603,678（Unit ：million yen ）As of March 31, 2024
4,799,251
3,031,490
269,018
203,932
758,883
25,657－21,082682,793
243,593
669,537
147,067
9,923
411,519456,893291,50930,537
134,846
233,961
45,277
188,683
665,386
259,435
19,991
148,191
238,903-1,134
927,988392,761
182,421130,018
225,339-2,552
5,727,240

Kyushu Electric Power Co., Inc. (9508)
Financial Results Overview for FY2023

As of March 31, 2023
Liabilities
Non-current liabilities
Bonds payable
Long-term borrowings
Retirement benefit liability
Asset retirement obligations
Deferred tax liabilities
Other
Current liabilities
Current portion of non-current liabilities
Short-term borrowings
Commercial papers
Notes and accounts payable - trade
Accrued taxes
Provision for the levies related to Antimonopoly act
Other
Reserves under special laws
Reserve for water shortage
Total liabilities
Net assets
Shareholders' equity
Share capital
Capital surplus
Retained earnings
Treasury shares
Accumulated other comprehensive income
Valuation difference on available-for-sale securities
Deferred gains or losses on hedges
Foreign currency translation adjustment
Remeasurements of defined benefit plans
Non-controlling interests
Total net assets
Total liabilities and net assets-3-（Unit ：million yen ）As of March 31, 2024

3,845,921
1,485,000
1,908,852
80,761
297,367
16,43757,501
1,138,006
443,506
124,530
40,000141,658
21,4072,762
364,140
2,519
2,519
4,986,448

3,684,914
1,405,000
1,819,197
60,154300,002
16,67583,883
1,119,049
426,273
123,410－378,0212,232
2,232
4,806,196

565,393237,304
120,006
209,734-1,651
16,6705,828
11,1506,455-6,76535,166617,230
5,603,678

827,098
237,304
193,520
397,802-1,52963,431
10,052
24,781
13,325
15,271
30,513921,043
5,727,240－
127,846
63,496

Kyushu Electric Power Co., Inc. (9508)
Financial Results Overview for FY2023(2)

Consolidated Income Statements and Consolidated Comprehensive Income Statements(Consolidated Income Statements)（Unit ：million yen ）April 1,2022March 31, 2023
Operating revenue
Electric utility operating revenue
Other business operating revenue
Operating expenses
Electric utility operating expenses
Other business operating expenses
Operating profit (loss)
Non-operating income
Dividend income
Interest income
Foreign exchange gains
Share of profit of entities accounted for using equity method
Other
Non-operating expenses
Interest expenses
Share issuance costs
Other
Total ordinary revenue
Total ordinary expenses
Ordinary profit (loss)
Provision or reversal of reserve for water shortage
Reversal of reserve for water shortage
Extraordinary income
Gain on sale of securities
Extraordinary losses
Provision of allowance loss related to the Antitrust law
Loss on valuation of financial assets
Profit (loss) before income taxes
Income taxes - current
Income taxes - deferred
Total income taxes
Profit (loss)
Profit attributable to non-controlling interests
Profit (loss) attributable to owners of parent-4-2,221,300
1,946,737
274,5632,294,299
2,041,909
252,389-72,998
24,859
1,549
1,355
－
9,096
12,85838,49527,936－
10,5582,246,160
2,332,794-86,634-5,093-5,093
11,28011,280
2,762
2,762
－
-73,0226,180-24,716-18,535-54,486
1,942-56,429

April 1,2023March 31, 2024
2,139,447
1,841,947
297,499
1,884,527
1,612,181
272,345
254,919
30,485
1,320
2,507
3,496
11,732
11,42747,24328,053
4,762
14,4262,169,932
1,931,771
238,161
-287
-287
－
－
13,487－
13,487
224,961
47,122
9,557
56,679168,281
1,836
166,444

Kyushu Electric Power Co., Inc. (9508)
Financial Results Overview for FY2023(Consolidated Comprehensive Income Statements)（Unit ：million yen ）April 1,2022March 31, 2023

April 1,2023March 31, 2024

Profit (loss)
Other comprehensive income
Valuation difference on available-for-sale securities
Deferred gains or losses on hedges
Foreign currency translation adjustment
Remeasurements of defined benefit plans, net of tax
Share of other comprehensive income of entities accounted for using equity method
Total other comprehensive income
Comprehensive income-54,486

168,281

1,051
2,743
6,623
-12,166
6,047
4,299-50,187

3,024
11,556
5,766
21,5255,350
47,223
215,505

Comprehensive income attributable toComprehensive income attributable to owners of parent
Comprehensive income attributable to non-controlling interests-52,268
2,081

213,205
2,300-5-

Kyushu Electric Power Co., Inc. (9508)
Financial Results Overview for FY2023(3)

Consolidated Statements of Changes in Shareholders’ Equity

Previous consolidated fiscal year (April 1, 2022 to March 31, 2023)(Unit：million yen)

Shareholders' equity
Capital stock
Balance at beginning of period

Capital surplus

237,304

120,006

Retained earnings

Treasury shares

277,382-1,706

Total shareholders'equity632,987

Changes during period
Issuance of new shares－

Transfer from share capital to othercapital surplus－

Deficit disposition－

Changes in equity of parent fromtransaction of non controlling interest－

Dividends of surplus-10,528-10,528

Profit (loss) attributable toowners of parent-56,429-56,429

Purchase of treasury shares－

Disposal of treasury shares

-7

-7

62

61

Cancellation of treasury shares－

Decrease due to the increase inaffiliates under the equity methods

-690

-690

Net changes in items other thanshareholders' equity
Total changes during period
Balance at end of period－－-67,648

55-67,593237,304

120,006

209,734-1,651

565,393(Unit：million yen)

Other comprehensive income

Balance at beginning of period

Valuation differenceonavailable-for-salesecurities

Deferred gains orlosses on hedges

4,104

4,723

Foreign currencytranslation
adjustment-1,383Remeasurements ofdefinedbenefit plans

Total accumulated
othercomprehensive
income5,066

12,509Non-controllinginterests

30,840Total net assets

676,337

Changes during period
Issuance of new shares－

Transfer from share capital to othercapital surplus－

Deficit disposition－

Changes in equity of parent fromtransaction of non controlling interest－

Dividends of surplus-10,528

Profit (loss) attributable toowners of parent-56,429

Purchase of treasury shares-7

Disposal of treasury shares

61

Cancellation of treasury shares－

Decrease due to the increase inaffiliates under the equity methods-690

Net changes in items other thanshareholders' equity

1,724

6,427

7,839

-11,831

4,160

4,325

8,486

Total changes during period

1,724

6,427

7,839

-11,831

4,160

4,325

-59,107

5,828

11,1506,455-6,765

16,67035,166617,230

Balance at end of period-6-Kyushu Electric Power Co., Inc. (9508)
Financial Results Overview for FY2023

Current consolidated fiscal year (April 1, 2023 to March 31, 2024)(Unit： million yen)

Shareholders' equity
Capital stock

Capital surplus

Retained earnings

Treasury shares

237,304

120,006

Issuance of new shares

100,000

100,000

200,000

Transfer from share capital to othercapital surplus-100,000

100,000－

Balance at beginning of period

209,734-1,651

Total shareholders'equity565,393

Changes during period

Deficit disposition-21,623

Changes in equity of parent fromtransaction of non controlling interest-2,03821,623－-2,038－Dividends of surplus
Profit (loss) attributable toowners of parent

166,444

166,444-102,832-102,832

－

132

131

-102,822

102,822－

Purchase of treasury shares
Disposal of treasury shares
Cancellation of treasury shares
Decrease due to the increase inaffiliates under the equity methods－

Net changes in items other thanshareholders' equity
Total changes during period
Balance at end of period－

73,514

188,068

121

261,704

237,304

193,520

397,802-1,529827,098(Unit： million yen)

Other comprehensive income

Balance at beginning of period

Valuation differenceonavailable-for-salesecurities

Deferred gains orlosses on hedges

5,828

11,150Foreign currencytranslation
adjustment

6,455

Remeasurements ofdefinedbenefit plans

Total accumulated
othercomprehensive
income-6,765

16,670Non-controllinginterests

35,166

Total net assets

617,230

Changes during period

200,000

Issuance of new shares
Transfer from share capital to othercapital surplus－

Deficit disposition－

Changes in equity of parent fromtransaction of non controlling interest-2,038－Dividends of surplus
Profit (loss) attributable toowners of parent

166,444

Purchase of treasury shares-102,832

Disposal of treasury shares

131

Cancellation of treasury shares－

Decrease due to the increase inaffiliates under the equity methods－

Net changes in items other thanshareholders' equity

4,223

13,631

6,869

22,036

46,760-4,652

42,107

Total changes during period

4,223

13,631

6,869

22,036

46,760-4,652

303,812

10,052

24,781

13,325

15,271

63,431

30,513921,043

Balance at end of period-7-

Kyushu Electric Power Co., Inc. (9508)
Financial Results Overview for FY2023(4) Consolidated Statements of Cash Flows（Unit ：million yen ）April 1,2022March 31, 2023
Cash flows from operating activities
Profit (loss) before income taxes
Depreciation
Decommissioning costs of nuclear power units
Amortization of special account related to nuclear power decommissioning
Amortization of nuclear fuelLoss on retirement of non-current assets
Increase (decrease) in retirement benefit liability
Increase (decrease) in reserve for water shortage
Interest and dividend income
Interest expenses
Share issuance costs
Share of loss (profit) of entities accounted for using equity method
Gain on sales of securities
Provision of Reserve for Loss on violation of the antitrust laws
Loss on valuation of financial assets
Decrease (increase) in trade receivables
Decrease (increase) in inventories
Decrease (increase) in accounts receivable - other
Increase (decrease) in trade payables
Increase/decrease in consumption taxes payable/consumption taxes refund receivable
Increase (decrease) in accrued expenses
Other, net
SubtotalInterest and dividends received
Interest paid
Payments related to antitrust law
Income taxes paid
Net cash provided by (used in) operating activities
Cash flows from investing activities
Purchase of non-current assets
Proceeds from contribution received for construction
Investments and loan advances
Proceeds from divestments and collection of loans receivable
Other, net
Net cash provided by (used in) investing activities-8-

April 1,2023March 31, 2024

-73,022
203,814
12,8594,503
17,1985,725-3,509-5,093-2,90427,936－-9,096-11,280
2,762－-18,203-57,587
12,432-238-28,927-19,829-294
57,247
8,598-27,496－-7,84430,504

224,961
222,553
7,193
4,503
27,408
6,099
1,468
-287
-3,82828,053
4,762-11,732－－
13,487
14,53929,347-24,796-16,915
39,01840,5598,040
614,435
10,587-27,909-2,762-8,267
586,084-337,465
23,810-26,975
15,189-3,434-328,874-333,465
17,426-31,509
5,412-2,183-344,320

Kyushu Electric Power Co., Inc. (9508)
Financial Results Overview for FY2023（Unit ：million yen ）April 1,2022March 31, 2023
Cash flows from financing activities
Proceeds from issuance of bonds
Redemption of bonds
Proceeds from long-term borrowings
Repayments of long-term borrowings
Net increase (decrease) in short-term borrowings
Net increase (decrease) in commercial papers
Proceeds from issuance of shares
Purchase of treasury shares
Dividends paid
Purchase of shares of subsidiaries not resulting in change in scope of consolidation
Other, net
Net cash provided by (used in) financing activities
Effect of exchange rate change on cash and cash equivalents
Net increase (decrease) in cash and cash equivalents
Cash and cash equivalents at beginning of period
Increase in cash and cash equivalents resulting from inclusion of subsidiaries in consolidation
Decrease in cash and cash equivalents resulting from exclusion of subsidiaries from consolidation
Cash and cash equivalents at end of period-9-259,423-160,000
395,545-199,381
3,716
40,000－-7-10,554－-3,972
324,770
2,002
28,403
241,756491－
270,651

April 1,2023March 31, 2024
99,670-175,000
121,090-234,495-1,124-40,000
195,237-102,832-57-6,960-6,054-150,526
3,201
94,439270,651－-876
364,213

Kyushu Electric Power Co., Inc. (9508)
Financial Results Overview for FY2023(5) Notes on Consolidated Financial Statements(Note on the premise of going concern)
N/A(Segment information)(1) Overview of reportable segments
The Group’s reportable segments are those for which financial information is available separately and regular
evaluation by the Board of Directors is being performed in order to evaluate performance.
The Group comprises six reportable segments, “Power Generation and Sales Business”, “Transmission andDistribution business”, “Overseas Business”, “Other energy services businesses”, “ICT services business” and“Urban Development Business”, classified in consideration of the types of products and business activities.
The main products and business activities belonging to each Reportable segment are described below.
Reportable segment
Power Generationand Sales businessTransmission andDistribution
business
Overseas Businesses
Other energy
services businesses
ICT services
business
Urban Development
Business

Main products and business activities
Power generation and retail business in Japan
Power transmission and distribution business in Kyushu

Power generation and transmission and distribution business outside of Japan
Businesses that contribute to stable power supply, such as construction andmaintenance of electrical equipment, Gas / LNG sales business, Coal sales business,renewable energy business
Data communication business, optical broadband business, telecommunications
construction and maintenance business, information system development business,data center business
Urban development, real estate, social infrastructure business(2) Calculation method of sales, profits, assets and other items by Reportable segment
The accounting method of Reportable segment is similar to the Preparation of consolidated financial statements.
Reportable segment is based on operating income basis, and Inter-segment sales are based on market price.

- 10 -

Kyushu Electric Power Co., Inc. (9508)
Financial Results Overview for FY2023(3) Information regarding sales, profits, assets and other items by Reportable segment
Previous consolidated fiscal year (April 1, 2022 to March 31, 2023)(Unit: millions of Yen)
Reportable segment
Energy services
Japanese electric power
T ransmission
Power andand
RetailDistribution
businesses
businesses

Sales

108,208

86,3097,429

2,137,767

Reconciliation*2

Consolidated
financialstatements*3

2,141,715－

2,141,715

T otal

1,702,223
45,29522,949

3,532

417

1,070

6,318

79,584－

79,584－

79,584

Sales to outside customers

1,747,519

253,832

6,245

108,626

87,37913,7482,217,352

3,948

2,221,300

2,221,300

183,418

455,147－

152,51332,009

11,209834,298

4,814

839,113－-839,113

1,930,937

708,980

6,245

261,140

119,389

24,957

3,051,650

8,763

3,060,414-839,113

T otal

2,712

T otalOther*1

Revenue from contracts withcustomers
Other revenue*4
Inter-segment sales

230,883

Overseas
Businesses

Urban
Other energy ICT services
Development
businesses
services
Businesses
businesses

3,948

－
2,221,300

Segment income(loss)-143,558

14,1204,459

29,240

6,526

3,218

-85,994496-85,497-1,136-86,634

Segment asset

4,423,383

1,956,923

215,585

475,478

212,169

148,516

7,432,056

15,2307,447,287-1,843,608

5,603,678

109,540

73,36733

12,951

24,687

3,286

223,867375

224,242-3,228221,013

Other items
Depreciation (including
amortization of nuclear fuel)Interest income
Interest expenses
Share of profit (loss) of entities
accounted for using equity
methodIncrease in tangible fixed assets
and intangible fixed assets

9,620

72

924

187

4

46

10,856－

10,856-9,501

1,355

22,584

9,320

3,301

1,868

186

108

37,37067

37,438-9,501

27,936

－

－

4,620

4,759

92

14

9,486

-93

9,392

-295

9,096

140,984

121,362

28

12,637

28,7908,352

312,154233

312,388-5,796306,592*1 The "Other" segment is a business segment that is not included in the reportable segments and includes thefee-based nursing home business, outsourcing office work business and temporary staffing business.
*2 Reconciliations of Segment income/loss (¥-1,136 million) and Segment assets (¥-1,843,608 million) are
intersegment transaction eliminations.
*3 Segment income/loss is adjusted to reflect ordinary income in the consolidated statements of incomes.
*4 In the ‘Other Revenues’ of the ‘Power and Retail businesses’, ‘Transmission and Distribution businesses’, ‘Other
energy services businesses’, and ‘ICT services businesses’, subsidies received from ‘the national government
based on their measures to mitigate sharp fluctuations in electricity and gas rates’, a measure based on the ‘theComprehensive Economic Measures for Overcoming Price Increases and Revitalizing the Economy’, areincluded, amounting to ¥44,777 million, ¥1,298 million, ¥323 million, and ¥27 million respectively.

- 11 -

Kyushu Electric Power Co., Inc. (9508)
Financial Results Overview for FY2023

Current consolidated fiscal year (April 1, 2023 to March 31, 2024)(Unit: millions of Yen)
Reportable segment
Energy services
Japanese electric power
T ransmission
Power andand
RetailDistribution
businesses
businesses

Sales

11,075

1,897,577

Reconciliation*2

Consolidated
financialstatements*3

1,901,568－

1,901,568

T otal189,815

35,348

3,569

1,137

1,104

6,903

237,879－

237,879－

237,879

1,677,555

226,781

5,779

117,221

90,13917,9792,135,456

3,990

2,139,447

2,139,447

142,238

471,665－

182,200

41,282

11,018

848,4055,186

853,592－-853,592

1,819,793

698,446

5,779

299,421

131,422

28,9972,983,862

9,177

2,993,039-853,592

Segment asset

89,035

Other*1

Sales to outside customers

Segment income(loss)

116,083

T otal

1,487,739

T otal

2,209

Urban
Other energy ICT services
Development
businesses
services
Businesses
businesses

Revenue from contracts withcustomers
Other revenue*4
Inter-segment sales

191,433

Overseas
Businesses

3,990

－
2,139,447

147,552

41,366

5,347

33,923

7,805

3,828

239,823452

240,275-2,113

238,161

4,441,210

1,999,006

217,952

525,750

221,826

171,383

7,577,130

16,361

7,593,491-1,866,251

5,727,240

129,028

80,772

38

13,67825,787

3,351

252,656389

253,046-3,085249,961

10,700

30

1,490

632

9

115

12,979－12,979-10,471

2,507

22,803

10,171

1,791

3,345

239

121

38,471

54

38,525-10,471

28,053

－

－

4,646

7,470

7

247

12,372-135

12,237-504

11,732139,072

124,23158

26,732

31,0305,366

326,492

233

326,726-6,457320,268

Other items
Depreciation (including
amortization of nuclear fuel)Interest income
Interest expenses
Share of profit (loss) of entities
accounted for using equity
methodIncrease in tangible fixed assets
and intangible fixed assets*1 The "Other" segment is a business segment that is not included in the reportable segments and includes thefee-based nursing home business, outsourcing office work business and temporary staffing business*2 Reconciliations of Segment income/loss (¥-2,113 million) and Segment assets (¥-1,866,251 million) are
intersegment transaction eliminations.
*3 Segment income/loss is adjusted to reflect ordinary loss in the consolidated statements of incomes.
*4 In the ‘Other Revenues’ of the ‘Power and Retail businesses’, ‘Transmission and Distribution businesses’,‘Other energy services businesses’, and ‘ICT services businesses’, subsidies received from the ‘the national
government based on their measures to mitigate sharp fluctuations in electricity and gas rates’, a measure basedon the ‘the Comprehensive Economic Measures for Overcoming Price Increases and Revitalizing the Economy’and ‘Comprehensive Economic Measures to End Deflation Completely’, are included, amounting to ¥189,357
million, ¥4,577 million, ¥1,006 million, and ¥117 million respectively.

(Significant subsequent event)N/A- 12 -