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Amidst drops in output, Japan’s power companies see 13% decline in industrial power sales in December

January 21, 2009
By Ken Worsley


According to data released today by the Federation of Electric Power Companies of Japan, Japan’s industrial power sales fell by 13% in December. That drop was the highest seen since the federation began tracking figures back in 1972. The largest decline was seen in the steel industry, at 24.8%.

A breakdown of the decline in sales to the major industry categories:

  • Textiles: -14.4%
  • Paper and Pulp: -9.7%
  • Chemicals: -14.8%
  • Ceramics: -8.1%
  • Steel: -24.8%
  • Nonferrous metals: -18.1%
  • Machinery: -18.1%

With further cutbacks in output expected, it seems unlikely that the bad news will end for power companies any time in the next quarter.

Filed Under Business, Economic Reports 

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