Company Overview
General information about the Chubu Electric Power company
some authorized documents
Chubu Electric Power Co., Inc. is a Japanese electric utility company headquartered in Nagoya, Japan. It is one of the 10 largest electric companies in the world, and one of the five largest in Japan.
The company was founded in 1951 with the merger of Nagoya Dento, Nagoya Electric, and Aichi Electric, becoming the sole electric power provider for the Chubu region (which includes the major cities of Nagoya, Shizuoka, and Toyohashi).
Chubu Electric Power is primarily involved in the generation, transmission, and distribution of electricity, as well as energy-related services such as financing and research and development.
The company is publicly traded on the Tokyo Stock Exchange and has a diverse group of shareholders, including large corporations, financial institutions, and individual investors.
Some important documents related to and authorized by Chubu Electric Power include its Annual Report, which provides an overview of the company's financial performance, business strategies, and corporate governance; its Sustainable Development Report, which outlines the company's efforts to contribute to a sustainable society; and its Articles of Incorporation, which govern the company's operations and management.
Chubu Electric Power is also required to comply with various laws and regulations, such as the Electricity Business Act and the Act on the Rational Use of Energy, and regularly submits reports and disclosures to government agencies, such as the Ministry of Economy, Trade and Industry.
The company has a strong commitment to social responsibility and sustainability, with initiatives in areas such as renewable energy, energy efficiency, and community engagement. It also conducts regular safety and environmental assessments to ensure the well-being of its customers and stakeholders.
What is special about the Chubu Electric Power company?
1. Long history: Chubu Electric Power Company has a long history dating back to 1951, making it one of the oldest electricity companies in Japan.
2. Large customer base: As of 2020, Chubu Electric Power Company has over 16 million customers, making it one of the largest electric companies in the world.
3. Renewable energy focus: Chubu Electric Power Company has been actively investing in and promoting renewable energy sources, such as wind, solar, and hydro power. They have set a goal to increase their renewable energy supply to 30% by 2030.
4. Diversified business areas: In addition to electricity generation and distribution, Chubu Electric Power Company has expanded into other business areas, such as gas supply, telecommunications, real estate, and insurance.
5. Investment in technology: Chubu Electric Power Company is investing in cutting-edge technologies, such as smart grids, to improve efficiency and optimize its operations.
6. Disaster response: Chubu Electric Power Company has a strong record of quick response and recovery in the face of natural disasters, such as earthquakes and typhoons.
7. Environmental initiatives: Chubu Electric Power Company has implemented various initiatives to reduce its environmental impact and actively participates in regional environmental conservation activities.
8. International partnerships: The company has formed partnerships with other international energy companies to share knowledge and resources and promote global sustainable growth.
9. CSR initiatives: Chubu Electric Power Company is committed to corporate social responsibility (CSR) and has implemented various initiatives focusing on community development, education, and social welfare.
10. Industry recognition: Chubu Electric Power Company has received recognition for its excellence in various areas, such as sustainability, safety, and corporate governance, by reputable organizations and publications.
Interesting facts about the Chubu Electric Power company
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SWOT analysis of the Chubu Electric Power company
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Porter's Five Forces analysis for the Chubu Electric Power company
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