In 1920, he founded the Daido Electric Power Company (it changed its name to Kansai Haiden by the war time integration, and to the Kansai Electric Power Company later) which was one of the five largest electric power enterprises and Toho Electric Power (current Chubu Electric Power Company), as reorganizing the electric supply of Osaka, and assumed the position of president of both companies.
1920年には、大阪送電を改組する形で、五大電力資本の一角たる大同電力（戦時統合で関西配電⇒関西電力）と東邦電力（現中部電力）を設立、社長に就任した。