Press Release Back Number(2004)

Chubu Electric Power's New Construction, Materials, and Accounting Integration System Enters Full-Scale Operations

May 20, 2004

Chubu Electric Power Co., Inc. has begun full-scale use of its new Construction, Materials, and Accounting Integration System (hereafter referred to as the "CMA Integration System"), a new company backbone management system for which development began in July 2001. To mark the start of operations, the Company today held an operational launch ceremony.

Chubu Electric launched its original CMA System in 1991, seeking to accelerate management information processing, reduce costs, and minimize personnel requirements. Since its launch, the original system has operated stably with no major problems.

But rapid advances in information technology over recent years and dramatic changes in the business environment, emerging from the deregulation of electric utilities and revamped accounting laws, have given the CMA System an increasingly central role in corporate strategy.

In light of these trends, Chubu Electric Power has upgraded its CMA system to fulfill the following goals:


  • * To establish a management information platform capable of responding to changes in the business environment

  • * To promote business efficiency and reduce system operating costs by leveraging the latest information technologies

The Company will take full advantage of the new CMA system while continuing to improve management efficiency and ensure cost reductions.

1. Range of functions covered by the CMA system


  1. (1) Management of work related to construction and maintenance of power generation, transmission, and transformation facilities

  2. (2) General materials management and accounting

2. Key points in system development


  1. (1) Establishment of a management information platform capable of responding to changes in the business environment

For its new system, Chubu Electric reviewed accounting items and revised various functions for analyzing and applying accounting data in response to the new requirements listed below, which emerged from changes in the business environment:
  • * In-depth understanding of the management information required to achieve cost reductions in an era of electric utility deregulation
  • * Need to adapt to revised legal requirements for accounting (disclosure of quarterly business results, complete separation of peripheral business from electricity generation activities, etc.)

  1. (2) Development of new functions that promote further improvements in business efficiency

New information technologies were incorporated to add new functions beyond the capability of the previous system, improving business efficiency.

  1. (3) Adoption of an open system to reduce operating costs

Servers, terminal hardware, and software products based on proprietary original manufacturer standards and specifications were replaced with open (industry-standard) system products with the goal of achieving significant cost reductions.