Gaishi Hiraiwa
Profile
Performance in office
Tenure
Tenure
Background
He graduated from the Faculty of Law of Tokyo Imperial University in March 1939. At Tokyo Electric Power he became general manager of the General Affairs Department in May 1964, a Director in May 1968, Managing Director in May 1971 and Executive Vice President in November 1974. The career listed in the executive section is confined to general affairs; he never served as head of a power station construction office or of a branch. Born in 1914, he was younger than the two Executive Vice Presidents at the time he became President.
Selection
He became President in October 1976, with his predecessor Hisao Mizuno retiring to director and senior adviser that same month. Hiraiwa had become Executive Vice President in November 1974; Tadao Nagashima, who became Executive Vice President at the same time, was born in 1909 and graduated in 1935, and the other Executive Vice President, Ichiro Shindo, was born in 1910 and graduated in 1936, so Hiraiwa, of the class of 1939, was chosen ahead of his seniors.
Initiatives
In July 1977 he became chairman of the Federation of Electric Power Companies. The company posted an ordinary loss of ¥27.5 billion and a net loss of ¥33.5 billion in the fiscal year ended March 1980. In the FY ended March 1981, revenue rose from ¥2,036.2 billion to ¥3,135.2 billion, and ordinary profit recovered to ¥274.6 billion. In June 1977, the year after he became President, Sho Nasu joined the board.
Career
Career
TEPCO
| Date | Position |
|---|---|
| 1976 | President |
| 1983 | Stepped down as President |