June 27, 2012

Monthly Press Conference

Today, President Kawai held a monthly press conference in Aomori City and talked about "Status of work for recovering the discharge flow in System B of the glass melter" and "Financial results of 2011"

"Status of work for recovering the discharge flow in System B of the glass melter"

  • In regard to System B of the glass melter, the discharge status was checked using simulated glass beads, from June 7, and from June 11, the operation status was checked to confirm the integrity of additionally installed thermometers and other equipment. Since no issues were found either status checks, the preliminary verification test was commenced on June 18.
  • If all goes well, the test using test waste liquid will be completed by early July, and move on to the test using actual waste liquid.
  • The test using actual waste liquid is scheduled to take approximately a month. It is expected that the preliminary verification test of System B will complete around the end of July to the beginning of August. Tests will be conducted on System A, after the test on System B completes. Each operation will be carried out steadily and carefully with priority to safety, while checking data at every stage.

"Financial results of 2011"

  • "Sales" amounted to 301.7 billion yen, 6.5 billion yen decrease in income from the previous year. The main factor was the decrease in the spent fuel reprocessing fee.
  • "Sales cost" was 252.2 billion yen, 11 billion yen decrease in income from the previous year. The main factors were the decrease in depreciation and taxes, as well as the postponement of some contracted businesses to the following term due to the delay of the preliminary verification test resulting from the East Japan Great Earthquake.
  • As a result, "Gross Profit on Sales" amounted to 49.4 billion yen, "Operating Profit" was 25.7 billion yen, and "Ordinary Profit" was 11.2 billion yen. On the other hand, since 8.5 billion yen of removal cost under fixed assets was added to "Extraordinary Loss", "Current Term Net Profit" amounted to 2.6 billion yen.
  • The financial results of 2011 were able to ensure a profit owing to the decrease of depreciation, and decreased costs due to the postponement of some businesses to the following term, resulting from the East Japan Great Earthquake, in addition to the streamlining of business operations.
  • We will put our best efforts to realize the efficiency in all of our business operations and strive for an even stronger business foundation.