Chugoku Electric Power : "At a Glance" was last updated.
July 10, 2023 at 10:31 pm EDT
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Note 1: We changed the depreciation method for tangible fixed assets from the declining balance method to the straight-line method from April 1, 2019.
Note 2: The Chugoku Electric Power Co., Inc. transferred the power transmission and distribution business to Chugoku Electric Power Transmission &:amp Distribution Co., Inc. through a corporate split on April 1, 2020.
Note 3: We applied the "Accounting Standard for Revenue Recognition" and the "Regulation on Accounting at Electric Utilities" which was revised in accordance with this standard from April 1, 2021.
The Chugoku Electric Power Co. Inc. published this content on 11 July 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 11 July 2023 02:30:09 UTC.
Chugoku Electric Power Co Inc is a Japan-based company mainly engaged in the electric power business, comprehensive energy supply business and information and communication business. The Company operates through three business segments. The Electric Power Business segment supplies electricity based on the Chugoku region as the basis for business development. The Comprehensive Energy Supply Business segment is engaged in the sale of liquefied natural gas (LNG) and provision of energy utilization services such as electricity and heat sales. The Information and Communications Business segment provides telecommunications services and information processing services that utilize information and communication technology (ICT). The Company also provides environmental harmony creation, business and life support, and electric power business support.