Key Point of President's Regular Press Conference

スポーツ賭け日本 June 2023 Regular Press Conference : President Hayashi's Message

June 28, 2023
Chubu Electric Power Co.,Inc.

I will be discussing スポーツ賭け日本 following matters today:

スポーツ賭け日本 99th Annual Shareholders Meeting
Executive Officer Assignments
Electricity Supply and Demand of this Summer

スポーツ賭け日本 99th Annual Shareholders Meeting

First, I would like to discuss スポーツ賭け日本 99th Annual Shareholders Meeting.
First of all, I am pleased to report that スポーツ賭け日本 Annual Shareholders Meeting has been successfully concluded.
As スポーツ賭け日本 severity rating of スポーツ賭け日本 novel coronavirus was downgraded to Class 5 under スポーツ賭け日本 Act to Prevent Infection Diseases, we increased スポーツ賭け日本 number of seats available in スポーツ賭け日本 meeting venue. As a result, this year’s Shareholders Meeting was attended by 283 shareholders, 98 more people than last year.
スポーツ賭け日本 duration of this year's General Meeting was 2 hours and 25 minutes, 28 minutes longer than last year.
スポーツ賭け日本 Annual Shareholders Meeting heard スポーツ賭け日本 company’s business status report for FY2022, and deliberated 10 items on スポーツ賭け日本 agenda: four items presented by スポーツ賭け日本 company and six items submitted by shareholders. スポーツ賭け日本 four company-presented agenda items were approved.
Shareholders offered invaluable opinions and asked questions about important management issues which we respectfully answered, including:
- Hamaoka Nuclear Power Station
- Efforts to realize a decarbonized society
- Electricity charges
- Order to pay a surcharge according to スポーツ賭け日本 Antimonopoly Act
In addition, nine directors were elected to スポーツ賭け日本 Board of Directors to address various management issues promptly and appropriately in スポーツ賭け日本 midst of rapid changes in スポーツ賭け日本 business environment.
In today’s Shareholders Meeting, two auditors assumed office.
スポーツ賭け日本 new permanent auditor is Tomoyuki Sawayanagi.
Mr. Sawayanagi previously served as an auditor for Chubu Electric Power Grid but as of this Shareholders Meeting, assumed スポーツ賭け日本 position of auditor for Chubu Electric Power. He will continue to serve his role at Chubu Electric Power Grid as a part-time auditor.
Seimei Nakagawa, a Former Chief Public Prosecutor of スポーツ賭け日本 Nagoya High Public Prosecutors Office also assumed his role as a new outside auditor. He has a wealth of experience in スポーツ賭け日本 legal profession and is known for his deep and expert insight.
Under スポーツ賭け日本 new management structure with these two new members, we are working quickly to stabilize profits in スポーツ賭け日本 domestic energy business and achieve mid-term management targets and realize Management Vision 2.0. To this end, スポーツ賭け日本 Group will work together as one to advance efforts to:
- deliver stable and affordable supply of electricity
- restart スポーツ賭け日本 Hamaoka Nuclear Power Station,
- realize a decarbonized society, as well as
- further expand growth areas.
Keeping in mind that trust from customers and society is at スポーツ賭け日本 foundation of our business, we will continue to work ceaselessly to ensure compliance and strengthen governance.

Executive Officer Assignments

Next, I would like to talk about personnel assignments for スポーツ賭け日本 managerial level effective July 1.
2105 people were given new assignments this year, an increase of 800 people compared to last year. This increase is mainly due to スポーツ賭け日本 ongoing organizational restructuring at Chubu Electric Power Grid, and otherwise, スポーツ賭け日本 numbers of new assignments are on par with last year.
スポーツ賭け日本 three Chubu Electric Power companies are allocating people to decarbonization and to growth areas, and is engaging in a human resource strategy built on スポーツ賭け日本 pillars of “creating an environment where diverse workforce can thrive” and “providing opportunities and support to employees who are challenging themselves to undergo personal transformation” to realize スポーツ賭け日本 Management Vision 2.0.
In this personnel change, people were allocated to スポーツ賭け日本 following priority areas:
- Development of renewable energy sources such as offshore wind power and solar power
- Businesses on a global scale, regionally-focused health care, resources circulation business
In addition to reallocating personnel to priority areas, we are also actively recruiting experienced personnel. In this fiscal year alone, we have employed more than 60 mid-career hires.
Through these two efforts, we have been able to assign 130 people to these priority areas. We feel this is testament to スポーツ賭け日本 progress we are making in increasing our personnel base to expand growth business areas and diversifying スポーツ賭け日本 workforce.
Next, we have also introduced スポーツ賭け日本 “My Career Internal Job Posting System” this fiscal year as part of our human resource strategy. This system has encouraged employees to take スポーツ賭け日本 initiative in shaping their own careers, vitalized interactions among divisions, and has led to スポーツ賭け日本 development of a more diverse workforce.
Furthermore, we have appointed 26 women to management level positions, and are making steady progress toward スポーツ賭け日本 goal of “tripling スポーツ賭け日本 number of female managers in FY2025 compared to FY2014 (103 people)”.
スポーツ賭け日本 three Chubu Electric Power companies will achieve KPIs for スポーツ賭け日本 My Career Internal Job Posting System postings and スポーツ賭け日本 number of female managers, and increase corporate value through スポーツ賭け日本 growth and active participation of all employees.

Electricity Supply and Demand of this Summer

Finally, I would like to talk about スポーツ賭け日本 electricity power supply and demand this summer.
This weekend marks スポーツ賭け日本 beginning of July and スポーツ賭け日本 official start of summer.
We project that this summer we will be able to deliver a stable supply of electricity. スポーツ賭け日本 reserve capacity is 7.8% even in September when スポーツ賭け日本 projected supply reserve capacity is lowest, surpassing スポーツ賭け日本 3% reserve capacity said to be necessary for a stable supply.
On スポーツ賭け日本 other hand, electricity supply in スポーツ賭け日本 Tokyo area is expected to be very tight, with a projected reserve capacity for July at 3.1 %.
To ensure that supply capacity is not diminished due to equipment issues, Chubu Electric Power Group will closely manage スポーツ賭け日本 operation and maintenance of power plants along with transmission and substation facilities to secure stable supply in スポーツ賭け日本 Chubu area while also contributing to stable supply across regions.
While スポーツ賭け日本 Chubu area this summer is not in a situation where we must ask for our customers to conserve energy as we did last year, Chubu Electric Power Miraiz is instituting スポーツ賭け日本 following initiatives to encourage customers to save electricity:
- NACHARGE, a program that grants points based on スポーツ賭け日本 amount of electricity saved during a specified time of day
- Energy Conservation Challenge, a program that grants points based on スポーツ賭け日本 amount of electricity saved in a month
- Energy Saving Appliance Replacement Campaign, a campaign where points are granted to customers who replace their home appliances such as air conditioning units and fridges with more energy efficient models
Please make use of these programs and others and use electricity efficiently.

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