Tokyo Electric Power Company, Incorporated reported sales results for the first half of 2012. For the period, the company's sales rose 14.9% to JPY 2.88 trillion.

The company provides earnings guidance for the year 2012. For the year, the company expects to lose JPY 45 billion ($564 million) in 2012 instead of the JPY 160 billion initially forecast, although it still faces huge post-disaster compensation costs and higher power generation expenses, despite a government bailout and a price hike. The company announced its losses narrowed to JPY 299.48 billion for the six months to September 2012, compared with JPY 627.3 billion in the same period of 2011.