To Our Stockholders and Investors
We would like to express our sincere gratitude to our stockholders and investors for your extremely generous support.
Greetings to everyone.
Looking Back at 2011
Last year, Japan suffered unprecedented disaster in the form of the Great Eastern Japan Earthquake.
We would like to express our most heartfelt sympathy for those affected by the disaster and offer our prayers for a rapid recovery.
Although the cause of the corresponding accident at the Fukushima Daiichi Nuclear Power Station is still being investigated, we are thoroughly strengthening the safety countermeasures at our Shimane Nuclear Power Station based on the occurrences at that station.
We will apply new insights and knowledge whenever appropriate as we continue to exert our maximum efforts in providing power station management that provides peace of mind for everyone.
Measures for Stable Supply/Demand of Energy
In regards to the supply/demand of electrical power in the Chugoku Region: Although we are not in conditions where we can request our customers to restrain their power usage, conditions related to energy supply and demand throughout all of Japan, including those of our company, are increasingly difficult.
We will provide our regional customers with a stable supply of electricity through flawless energy provision services while also seeking reasonable levels of energy conservation and energy-saving measures, and we will also strive to contribute to stabilizing the supply of electricity to the whole country.
To Fulfill Our Unchanging Duty
Looking at the management environment in which the Chugoku Electric Group operates, there have been various discussions on a national level related to the overall revision of energy policy, such as the status of nuclear power policy and the power industry. Nonetheless, our operations originate in the desire to satisfy the expectations for, "Electric power that can be used safely and securely," and we believe that our mission in the role of a public utility remains unchanged.
In order to achieve this mission, the goals of Chugoku Electric include the provision of a stable supply of power, showing consideration for the environment, and implementing inexpensive electricity rates, as we continue to thoroughly reinforce our foundations and strive to further improve operational efficiency.
In Conclusion
Chugoku Electric will continually devote our maximum efforts to developing and expanding our operations in order to meet the expectations of our stockholders and investors.
Accordingly, we thank you and look forward to your continued support and cooperation.
Jan. 2012