Chugoku Electric Power Co. President to resign

Chugoku Electric President Natsuhiko Takimoto announces his resignation in a press conference in the western Japan city of Hiroshima on March 30, 2023, to take responsibility for a cartel case over electricity sales. The Japan Fair Trade Commission ordered three major utilities, including Chugoku Electric, to pay a total of 101 billion yen ($763 million) in fines, the highest ever imposed by the antitrust watchdog.

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