Press Release

Press Release

FY2017 Measures for Management Issues: Working Toward Realizing Management Vision

March 29, 2017
Chubu Electric Power Co.,Inc.

Chubu Electric Power developed its FY2017 Measures for Management Issues, which summarize concrete efforts toward realizing the company's Management Vision.

The environment around energy business is changing drastically as seen in the liberalization of electric power retail last year followed by this April's full opening-up of gas retail sales. What people call the "fourth industrial revolution," harnessing technology such as the Internet of things (IoT) and artificial intelligence (AI), is also making a significant impact on social and economic structures.

Amid such changes in circumstances, Chubu Electric Power will continue to fulfill the company's unwavering mission of delivering a stable supply of safe and low-cost energy to customers, and also draw on new technology to both achieve innovative service and drastically increase efficiency, thereby providing valuable service to clients.

To this end, Chubu Electric Power will make group-wide efforts to promote the following four priority measures and work toward becoming a corporate group that can, by FY2018, gain 150 billion yen or more in terms of consolidated ordinary income.

[Four priority measures]

1. Measures to increase the safety of the Hamaoka Nuclear Power Station
2. Measures to ensure a stable power supply for a new age
3. Measures to accelerate growth
4. Measures to establish a business mechanism to instantly respond to environmental changes

Chubu Electric Power Group will live up to the expectations and trust of customers, society, and shareholders and make steady progress toward becoming a total energy service corporate group that is one step ahead.

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