{"id":81627,"date":"2013-08-02T11:40:48","date_gmt":"2013-08-02T02:40:48","guid":{"rendered":"http:\/\/fukuoka-now.com\/?post_type=news&#038;p=40615"},"modified":"2016-04-01T02:56:43","modified_gmt":"2016-03-31T17:56:43","slug":"kyuden-still-in-the-red","status":"publish","type":"news","link":"https:\/\/www.fukuoka-now.com\/en\/news\/kyuden-still-in-the-red\/","title":{"rendered":"Kyuden Still in the Red"},"content":{"rendered":"<p>In its consolidated financial statement for the period from April to June 2013 released on July 31, Kyushu Electric Power Company reported a net loss of \u00a559.15 billion. Due to cost-cutting efforts, the company managed to reduce its red ink by 41% over last year\u2019s mark of \u00a5100.9 billion. Kyuden also added \u00a56.9 billion in revenues for the quarter on the back of this spring\u2019s rate hike. Fuel costs increased 4.9% to \u00a5178 billion year-on-year and were 3.1 times higher than the period of April to June 2010 when Kyuden\u2019s nuclear power plants were running normally. At a press conference, Kyuden President Michiaki Uryu declared, \u201cIf the red ink continues, we may have to brace ourselves for a capital fund deficit. We strongly hope to restart our nuclear power plants promptly.\u201d Source: Nishinippon Shimbun, Aug. 1<\/p>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-40624\" alt=\"kyushu_electric_power_67343\" src=\"https:\/\/i0.wp.com\/fukuoka-now.com\/wp-content\/uploads\/2013\/08\/kyushu_electric_power_67343.jpg?resize=425%2C120\" width=\"425\" height=\"120\" srcset=\"https:\/\/i0.wp.com\/www.fukuoka-now.com\/wp-content\/uploads\/2013\/08\/kyushu_electric_power_67343.jpg?w=425&amp;ssl=1 425w, https:\/\/i0.wp.com\/www.fukuoka-now.com\/wp-content\/uploads\/2013\/08\/kyushu_electric_power_67343.jpg?resize=300%2C84&amp;ssl=1 300w\" sizes=\"auto, (max-width: 425px) 100vw, 425px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In its consolidated financial statement for the period from April to June 2013 released on July 31, Kyushu Electric Power Company reported a net loss of \u00a559.15 billion. Due to cost-cutting efforts, the company managed to reduce its red ink by 41% over last year\u2019s mark of \u00a5100.9 billion. Kyuden also added \u00a56.9 billion in revenues for the quarter on the back of this spring\u2019s rate hike. Fuel costs increased 4.9% to \u00a5178 billion year-on-year and were 3.1 times higher than the period of April to June 2010 when Kyuden\u2019s nuclear power plants were running normally. At a press conference, Kyuden President Michiaki Uryu declared, \u201cIf the red ink continues, we may have to brace ourselves for a capital fund deficit. We strongly hope to restart our nuclear power plants promptly.\u201d Source: Nishinippon Shimbun, Aug. 1<\/p>\n","protected":false},"author":6391,"featured_media":0,"comment_status":"open","ping_status":"open","template":"","tags":[],"class_list":["post-81627","news","type-news","status-publish","hentry","news-category-business","en-US"],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.fukuoka-now.com\/wp-json\/wp\/v2\/news\/81627","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.fukuoka-now.com\/wp-json\/wp\/v2\/news"}],"about":[{"href":"https:\/\/www.fukuoka-now.com\/wp-json\/wp\/v2\/types\/news"}],"author":[{"embeddable":true,"href":"https:\/\/www.fukuoka-now.com\/wp-json\/wp\/v2\/users\/6391"}],"replies":[{"embeddable":true,"href":"https:\/\/www.fukuoka-now.com\/wp-json\/wp\/v2\/comments?post=81627"}],"wp:attachment":[{"href":"https:\/\/www.fukuoka-now.com\/wp-json\/wp\/v2\/media?parent=81627"}],"wp:term":[{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.fukuoka-now.com\/wp-json\/wp\/v2\/tags?post=81627"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}