- CEO
- Nakagawa Kengo
- Full Time Employees
- 12,606
- Sector
- Utilities
- Industry
- Renewable Utilities
- Address
- 4-33, Komachi Hiroshima HI Japan 730-8701
- IPO Date
- May 29, 2014
- Business
- The Chugoku Electric Power Co., Inc. (CGKEY) operates as an integrated electric utility company primarily engaged in the generation, transmission, and distribution of electricity in Japan. The company produces power from thermal, hydroelectric, nuclear, and renewable sources, including coal-fired, gas-fired, and oil-fired thermal plants; hydroelectric facilities; and solar, wind, and biomass energy installations. It supplies electricity to residential, commercial, industrial, and governmental customers across the Chugoku region, encompassing Hiroshima, Okayama, Yamaguchi, Shimane, and Tottori prefectures.
Core services include retail electricity sales, power transmission and distribution network operations, and demand-side management programs such as energy efficiency consulting and load leveling initiatives. The company also provides engineering services for power plant construction and maintenance, smart grid solutions, and telecommunications infrastructure via its fiber optic network. Additionally, it offers gas supply, heat supply, and environmental services like waste management and renewable energy development through subsidiaries.
Founded in 1951 and headquartered in Hiroshima, Japan, The Chugoku Electric Power maintains operations predominantly within western Japan, with strategic investments in overseas renewable projects in Asia and North America. The company serves a customer base exceeding 7 million accounts, focusing on stable power supply amid Japan's energy transition toward decarbonization.
In recent developments, the company has advanced its nuclear restart efforts with the Shimane Nuclear Power Station Unit 2 resuming commercial operations in 2024 following regulatory approvals, marking a key step in baseload power restoration. It formed a strategic partnership with Mitsubishi Corporation in 2024 to jointly develop offshore wind projects off the coast of Yamaguchi Prefecture, targeting 400 MW capacity by 2030. Additionally, Chugoku Electric secured a JPY 50 billion funding round in late 2024 from institutional investors to support grid modernization and battery storage expansions, while launching a new hydrogen production pilot plant in Okayama in early 2025.