Michiaki Uriu
Profile
Performance in office
Tenure
Tenure
Background
He is a career employee who joined Kyushu Electric Power in April 1975 and worked nowhere else until stepping down as President. He handled corporate planning as general manager of the Environment Department from June 2006, Executive Officer and head of the Corporate Planning Office from June 2007 and Executive Officer and general manager of the Corporate Planning Department from July 2008, then moved in June 2009 to Director and Managing Executive Officer as head of the Thermal Power Headquarters. He continued to head the Thermal Power Headquarters after becoming Representative Director and Executive Vice President in June 2011, overseeing both corporate planning and thermal power before becoming President.
Selection
In April 2012 he succeeded Toshio Manabe as President. Following the previous year's Fukushima Daiichi Nuclear Power Station accident, all of Kyushu Electric's nuclear units had been shut down, and in the year before his appointment, the fiscal year ended March 2012, the company posted a consolidated operating loss of ¥184.9 billion and a net loss of ¥166.4 billion. With the need to make up for the idle nuclear capacity with thermal power, the Executive Vice President who also headed the Thermal Power Headquarters moved up.
Initiatives
In his first year, the fiscal year ended March 2013, losses deepened to a consolidated operating loss of ¥299.4 billion and a net loss of ¥332.5 billion. In May 2013 the company raised residential electricity rates and went ahead with applications for restarts, led by Sendai Units 1 and 2. Sendai Unit 1 became the first reactor in Japan to restart, and in the FY ended March 2016 the company returned to the black with consolidated operating profit of ¥120.3 billion and net income of ¥73.5 billion. In the FY ended March 2018, his final year, consolidated revenue was ¥1,960.4 billion and operating profit ¥103.1 billion.
Career
Career
Kyushu Electric Power
| Date | Position |
|---|---|
| Apr 1975 | Joined |
| Jun 2006 | General Manager, Environment Department |
| Jun 2007 | Executive Officer, General Manager, Corporate Planning Office |
| Jul 2008 | Executive Officer, General Manager, Corporate Planning Department |
| Jun 2009 | Director, Managing Executive Officer, General Manager, Thermal Power Power Generation Headquarters |
| Jun 2011 | Representative Director, Executive Vice President, General Manager, Thermal Power Power Generation Headquarters |
| Jan 2012 | Representative Director, Executive Vice President |
| Apr 2012 | Representative Director, President |
| Jun 2018 | Representative Director, Chairman |
| Jun 2018 | Stepped down as President |
References 1
References (Japanese primary sources)
- 九州電力 有価証券報告書【役員の状況】