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Kansai Electric Slammed by Shareholders over Gift Scandal

Kansai Electric Slammed by Shareholders over Gift Scandal

   Osaka, June 25 (Jiji Press)--Kansai Electric Power Co. <9503> on Thursday met a flurry of criticism from its shareholders over a high-profile gift scandal, while trying to win their support for measures to strengthen its governance system.
   At a general meeting held in the western Japan city of Osaka, shareholders of the power utility serving the Kansai western region, including Osaka Prefecture, condemned the company for its lax corporate culture that led to its failure to prevent the scandal.

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AFP-JIJI PRESS NEWS JOURNAL


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