Chubu Electric Power Company,Incorporated
9502・Prime Market・Electric Power & Gas
Governance
Transitioned to a company with an Audit and Supervisory Committee in June 2024. Of the 13 directors, 7 (a majority) are outside directors, achieving a separation of decision-making/oversight and execution through the executive officer system. A Nomination and Compensation Deliberation Committee has been established, ensuring fairness and transparency in personnel and compensation matters through the involvement of outside directors.
Risk Management
The company has appointed a CRO and established an integrated risk management framework through a risk owner system and a Risk Management Committee. Sustainability-related risks are identified, assessed, and monitored by the CSR Promotion Committee, target-setting, and monitoring committees, with a framework in place to bring material risks before the Board of Directors. Following an improper conduct incident at the Hamaoka Nuclear Power Station, the company established a Nuclear Safety Improvement Committee and an Advisory Board to strengthen nuclear governance.
Shareholder Returns
For FY2026 (ending March 2026), the annual dividend is ¥70 per share (interim ¥35 + year-end ¥35), with total dividends of ¥52,957 million. The consolidated payout ratio after adjustment for timing differences is 23.9%. For FY2027 (ending March 2027), an annual dividend of ¥70 is also planned. As the earnings forecast has not yet been determined, no specific payout ratio target is disclosed.
Dividend Policy
The basic policy is to pay dividends twice a year, interim and year-end, with the interim dividend determined by the Board of Directors and the year-end dividend determined at the Ordinary General Meeting of Shareholders. For FY2026 (ending March 2026), the annual dividend is ¥70 per share (interim ¥35 + year-end ¥35), with total dividends of ¥52,957 million and a consolidated payout ratio of 23.2% (23.9% after adjustment for timing differences). For FY2027 (ending March 2027), an annual dividend of ¥70 (interim ¥35 + year-end ¥35) is also planned. Note that, due to uncertainties such as the situation in the Middle East, the earnings forecast for FY2027 (ending March 2027) has not yet been determined, and no specific numerical target for the payout ratio is disclosed in the earnings report.
ESG
On climate change response, under "Zero Emission Challenge 2050," the company has set a target of reducing CO₂ emissions by 50% or more by 2030 compared to FY2013 levels (approximately 38% reduction already achieved as of FY2024), and continues disclosure in line with TCFD recommendations. On human capital, based on the human resources strategy announced in May 2023, the company is promoting the development of an environment where diverse talent can thrive and supporting autonomous growth. Regarding human rights due diligence, the company aims to implement and embed it across all stakeholders, including approximately 30 consolidated subsidiaries, by FY2030.
Last updated: June 24, 2026