Mr. Wada joined the Company in 1977, and carried out a number of innovations that laid the groundwork for the current structural reforms. After his appointment as President in 2005, he led the overhaul of the logistics system, which is the backbone of the LP Gas business, and the full migration of business processes to the cloud. In 2011, he led the Company’s capital and business alliance with the investment arm of JPMorgan Chase & Co., and its move into the energy retail business overseas. He led the business alliances with TEPCO Energy Partner in 2015 and with Metaps Inc. in 2016. He continues to work for change in the energy industry. In 2017, a survey by U.S. magazine Institutional Investor selected him as best CEO in Japan’s energy and utilities sector.