New Chubu Electric Chief Pledges Governance Overhaul

Kakegawa, Shizuoka Prefecture, October 1 (Jiji Press) - Minoru Yasui, the newly appointed president of Chubu Electric Power Co., announced on Thursday his commitment to revamping corporate governance in the wake of several misconduct cases linked to the company's nuclear plant in Shizuoka Prefecture, central Japan. On the day of his appointment, Yasui met with Masaru Shimomura, the mayor of Omaezaki, a city hosting the Hamaoka nuclear plant, to lay out the company's plan for rebuilding trust with locals, following incidents such as data falsification involving earthquake assumptions.

Yasui also paid visits to Makinohara and Kakegawa, two neighboring Shizuoka cities with safety agreements with Chubu Electric, and informed reporters that he had conveyed the company's determination to overhaul its governance structure to municipal officials. In expressing his decision, Yasui said, "I wanted to apologize for the scandals and convey my resolve to fundamentally rebuild the company."

Mayor Shimomura, after the meeting, stated that Yasui had extended an apology and detailed the company's plans for structural reforms. The mayor reiterated his request that the company ensure safety while incorporating local residents' perspectives.