| Type | Public KK |
|---|---|
| Traded as | TYO: 9502 OSE: 9502 NSE: 9502 |
| Industry | Energy |
| Founded | May 1, 1951 |
| Headquarters | Higashi-ku, Nagoya, Aichi, Japan |
| Key people | Fumio Kawaguchi (Chairman) Toshio Mita (President) |
| Revenue | JP¥ 2,330,891 million (FY 2010) |
| Operating income | JP¥ 174,237 million (FY 2010) |
| Net income | JP¥ 84,598 million (FY 2010) |
| Total assets | JP¥ 5,331,966 million (FY 2010) |
| Total equity | JP¥ 1,698,382 million (FY 2010) |
| Employees | 16,940 (March 2011) |
| Website | www.chuden.co.jp |
Chubu Electric Power Co., Inc. (中部電力株式会社 Chūbu Denryoku Kabushiki Kaisha), abbreviated as Chuden in Japanese, is the electric provider for the middle Chūbu region of the Honshū island of Japan. It provides electricity at 60 Hz, though an area of Nagano Prefecture uses 50 Hz. Chubu Electric Power ranks third among Japan’s largest electric utilities in terms of power generation capacity, electric energy sold, and annual revenue. It is also one of Nagoya's “four influential companies” along with Nagoya Railroad, Matsuzakaya and Toho Gas. Recently, the company has also expanded into the business of optical fibers. On January 1, 2006 a new company, Chubu Telecommunications, was formed.
In May 2011, Prime Minister Naoto Kan requested that the Hamaoka Nuclear Power Plant, which sits in an area considered overdue for a large earthquake, be shut down, after which Chubu Electric Power suspended operations at the plant. A lawsuit seeking the decommissioning of the reactors at the Hamaoka plant permanently has been filed.[1]
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The company has 194 separate generating stations with a total capacity of 32,473 MW.
The company has 182 separate hydro generating stations with a total capacity of 5,217 MW.
The company has 11 separate thermal power stations with a total capacity of 22,369 MW.
On 6 May, 2011, Prime Minister Naoto Kan requested the Hamaoka Nuclear Power Plant be shut down as an earthquake of magnitude 8.0 or higher is estimated 87% likely to hit the area within the next 30 years.[2][3][4] Kan wanted to avoid a possible repeat of the Fukushima I nuclear accidents.[5] On 9 May 2011, Chubu Electric decided to comply with the government request. In July 2011, a mayor in Shizuoka Prefecture and a group of residents filed a lawsuit seeking the decommissioning of the reactors at the Hamaoka nuclear power plant permanently.[6]
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