Organizational Revision Effective April 01, 2024

Chubu Electric Power Co., Inc. would like to inform that the company has decided to revise its organization effective April 1, 2024, and hereby provide you with the main contents of the revision.

1 Strengthen DX promotion structure and cyber security

In order to strengthen the DX promotion structure and security measures for the entire group, DX Promotion Office will be established by integrating the DX promotion functions of DX Strategy Promotion Office and IT System Center's IT system-related planning, development, maintenance, cybersecurity response, and other functions.

2 Strengthen legal and compliance structures

In order to strengthen the legal and compliance functions for prompt and accurate responses to legal risks, the legal and compliance functions of Business Administration Division will be made independent and Compliance Division will be established.

3 Review of the structure regarding human resources strategy

In May last year, the basic concept of the company’s human resources strategy was compiled to secure and develop a diverse range of human resources and to enable them to fully demonstrate their abilities. Going forward, the functions of Human Resources Strategy Office will be integrated into Human Resources Center in order to accelerate specific initiatives by integrating the strategy formulation functions of Human Resources Strategy Office with the system design and other functions of Human Resources Center.

4 Review of the structure for restarting Hamaoka Nuclear Power Station

In order for General Manager of Nuclear Power Division to make prompt decisions and responses to various issues on the restart of the Hamaoka Nuclear Power Station from a position close to management, Hamaoka Nuclear Central Administration Office will be abolished (Note) and the Hamaoka Nuclear Power Station and Hamaoka Community Relations Office currently under Nuclear Power Department will be transferred (Note) directly under Nuclear Power Division.
In addition, the functions of Planning Office of Nuclear Power Division will be integrated into Nuclear Power Department in order to accelerate future efforts to restart operations by integrating the functions of Planning Office of Nuclear Power Division, i.e., formulation of division-wide strategies and policies, with the functions of Nuclear Power Department, i.e., handling examinations.

(Note) The abolition of Hamaoka Nuclear Central Administration Office and the transfer of the Hamaoka Nuclear Power Station require the approval of the Nuclear Regulatory Commission, which, together with the transfer of Hamaoka Community Relations Office, may take place on or after April 1, depending on the timing of the approval.