Chugoku Electric Power Unveils Detailed Operating Expense Breakdown for 2024 Fiscal Year
[City, Japan] – July 29, 2025 – Chugoku Electric Power Co., Inc. (Chugoku Electric Power) today released a comprehensive overview of its operating expenses for the 2024 fiscal year, prepared in accordance with the accounting rules for the electric utility business. This announcement, made at 05:00 JST, provides valuable insights into the company’s financial operations across its generation and retail electricity businesses.
The disclosure, available via a PDF document on the company’s official website (www.energia.co.jp/assets/info/2025/info20250729.pdf), offers a detailed breakdown of expenditures, contributing to greater transparency for stakeholders. While specific figures and detailed line items are contained within the published document, the release signifies Chugoku Electric Power’s commitment to open communication regarding its financial performance.
This detailed presentation of operating costs is a crucial aspect of the company’s adherence to the established accounting framework for the electric utility sector. Such disclosures are vital for investors, regulators, and the public to understand the cost drivers and operational efficiency of the company. It allows for a clearer picture of how revenue generated from electricity sales is utilized across the complex processes of power generation, transmission, and retail distribution.
The 2024 fiscal year operating expense statement is expected to shed light on various categories of expenditure, potentially including:
- Fuel Costs: Expenses related to the purchase and procurement of fuels necessary for power generation, such as coal, natural gas, and other resources, which can be significantly influenced by global market conditions.
- Maintenance and Repair Costs: Expenditures incurred to ensure the reliable operation and upkeep of power generation facilities, transmission lines, and distribution networks.
- Personnel Expenses: Costs associated with the company’s workforce, including salaries, benefits, and training programs.
- Depreciation and Amortization: Accounting charges reflecting the consumption of fixed assets over time, essential for understanding the long-term cost of infrastructure.
- Other Operating Expenses: This category likely encompasses a range of costs such as administrative expenses, insurance premiums, and other operational overheads.
By making this detailed information publicly available, Chugoku Electric Power reinforces its dedication to good corporate governance and fiscal responsibility. This proactive approach to financial reporting enables a more informed understanding of the company’s operational landscape and its strategies for managing costs effectively in a dynamic energy market.
The full details of the 2024 fiscal year operating expense breakdown can be accessed through the provided link. The company continues to strive for operational excellence and to provide a stable and reliable supply of electricity to its customers.
電気事業会計規則に基づく2024年度 発電・小売電気事業営業費用明細表の概要 を公表しました
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中国電力 published ‘電気事業会計規則に基づく2024年度 発電・小売電気事業営業費用明細表の概要 を公表しました’ at 2025-07-29 05:00. Please write a detailed article about this news in a polite tone with relevant information. Please reply in English with the article only.