Chugoku Electric Power Co. President to resign

Chugoku Electric President Natsuhiko Takimoto (C) 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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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.

Chugoku Electric Power Co. headquarters

Photo taken on March 30, 2023, shows the building housing the headquarters of Chugoku Electric Power Co. in the city of Hiroshima in western Japan.

Chugoku Electric Power Co. president to resign

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