CONTENTS
Kansai Electric Power Group Overview � � � � � � � � � � � � � 1
Contents, Editorial Policies
Kansai Electric Power Group Purpose & Values

Medium-term Management Plan

23

Information and Telecommunications Business88

1

Message from the Executive in Charge of Accounting and Finance

30

Life / Business Solution Business

90

2

Materiality for the Kansai Electric Power Group (Important issues)

31[Special Feature 3][Special Feature 1]
Apologies for Scandals and Overview of Business Improvement Plan

Message from the President
The Business of Kansai Electric Power in Figures
Financial and Nonfinancial Highlights471113

Value Creation Story � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � 15
History of Value Creation[Special Feature 2] Bolstering Our Strengths
Value Creation Process for the Kansai Electric Power Group

15
17
21

Medium-term Management Plan� � � � � � � � � � � � � � � � � � � � � 23

Establishment of Innovation Development Division
Shaping the Vital Platform for the Future

35

Addressing Climate Change / TCFD

41

Commitment to Solutions

50

Promoting Innovation

56

DX Strategy

58

Promoting Value Analysis (VA)

61

Human Capital Strategy

62

Business Overview � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � 73
Energy Business

73

Transmission and Distribution Business

83

Foundation to Support Value Creation � � � � � � � � � � � 92
Message from the Chairman of the Board

92

Messages from the Outside Directors

94

Directors

96

Executive Officers

100

Corporate Governance Systems

101

Compliance

112

Risk Management

117

Respect for Human Rights

122

Financial and Corporate Information � � � � � � � � � � � � � 124
Financial Statements

124

Corporate Information

126

Editorial Policies• GRI: GRI Sustainability Reporting Standards; GRI Sustainability Reporting Guidelines(G4) (Disclosure items by industry) • Ministry of the Environment: Environmental Report
Guidelines (2018 Edition) • ISO 26000 • IIRC: International Integrated Reporting Framework• Ministry of Economy, Trade and Industry: Guidance for Integrated Corporate Disclosure
and Company-Investor Dialogues for Collaborative Value Creation • Ministry of Economy,
Trade and Industry: Guide for SDGs Business Management

Kansai Electric Power Group Integrated Report 2023

Sustainability and Quality Promotion Group, Office of Corporate Planning,The Kansai Electric Power Co., Inc.
3-6-16 Nakanoshima, Kita-ku, Osaka 530-8270, Japanavailable, and involves potential risks and uncertainties. For this reason, the actual
performance and business environment may differ from what is projected in this reportdue to changes in various factors, including changes in the economic situation, market
trends, and revisions to relevant laws and regulations.

Report publication date

Positioning of this report

Published September 2023 / FY 2024: To be published in autumn of 2024

Financial information

Scope of report
Period covered: April 1, 2022 to March 31, 2023 (We will also report on important
information that may fall outside of that time frame.)

WebsiteCompanies covered: The Kansai Electric Power Co., Inc., and Kansai Electric PowerGroup companies.

Integrated Report“The Company” refers to the Kansai Electric Power Co., Inc.; the names of the various
group companies are clearly stated in the relevant text. Unless otherwise specified,initiatives taken by the Kansai Electric Power Co., Inc, and Kansai Transmission andDistribution, Inc. are provided.
Caution concerning forward-looking statements
Information contained in this report regarding future projections related to the Group’splans, strategies, and anticipated performance is based on information currently

Kansai Electric Power Group Integrated Report 2023

INTEGRATED REPORT2023

Financial statements(securities report, etc.)
Corporate Governance
ReportCompleteness

Reference guidelines, etc.

Place of publication

Conciseness

In March 2021, the Group formulated the Kansai Electric Power Group Purpose &Values and the Kansai Electric Power Group Medium-term Management Plan
(2021−2025). Following this, we set up the Zero Carbon Vision 2050 in order tomore voluntarily and proactively respond to global warming issues, and inMarch 2022 formulated the Zero Carbon Roadmap that lays out a path towardrealization of this vision.
This report has been edited to systematically disclose our specific efforts
based on the above philosophy, plan, and vision, with the aim of conveying theGroup’s value creation story regarding achievement of sustainable growth.
We hope that this report will help build good relationships between theGroup and its stakeholders.

ESG ReportNonfinancial information1