Kansai Electric Power's new chairman consolidates outside human resources in recommendation policy Third party committee March 6 22:59

Kansai Electric Power's executives have received more than 300 million yen in money, and a third party committee investigating should hire an outsider to be the currently vacant chairman of Kansai Electric Power. We have solidified our policy to propose.

Last September, it was discovered that executives of Kansai Electric Power had received more than 300 million yen in gold from a former assistant in Takahama-cho, Fukui Prefecture, where the nuclear power plant is located.

At that time, Chairman Yagi Makoto resigned taking responsibility, and the chairman's post is currently vacant.

A third-party committee of four lawyers investigating this issue will submit a final report to Kansai Electric Power on 14th of this month.

In doing so, we found that the new chairman had decided to include a recommendation to hire outside talent.

The third-party committee seems to have determined that outside experienced human resources are essential to strengthening Kansai Electric Power's governance and improving its corporate structure.

In the electric power industry, TEPCO has been chaired by external human resources since 2012 after the accident at Fukushima Daiichi Nuclear Power Station from 2012 to the present.

Meanwhile, the successor to President Shigeki Iwane, who will resign on this month, is being adjusted from within the company.