Kansai Electric Power Group Overview

Business Segments

Value Creation Story

Medium-term Management Plan

Business Overview

Foundation to Support Value Creation

Financial and Corporate Information

Life / Business Solution BusinessOverviewRisks

In addition to comprehensive real estate services (leasing,condominium sales, property management, leisure, etc.), we
provide wide-ranging services for both individuals (healthcare,etc.) and businesses (contact center, etc.) to provide support
for their everyday and business needs.

Makoto Araki
Director
Representative Executive Officer,Vice President

Medium-term Management Plan Targets
Ordinary income20.9 billion yen

2022

More than
30 billion yen

More than
15 billion yen onaverage2021-2023• Delay in acquisition and development of new properties due
to intensifying competition for property acquisition• Sluggish real estate market resulting from sharp economicdeterioration• Damage to real estate value due to lower profitability ofproperties• Intensifying competition with our industry peers
Business strategies

Directions totake2025

Note: Including extraordinary gains/losses in the real-estate businessROA

2021 result

2022 result

2.63%

2.81%

Business environment
Opportunities• Robust demand for condominiums, office spaces, and leasing• Increased business opportunities with the promotion of big
projects such as attracting IR to Yumeshima and the Osaka
Kansai Expo
• Increased business opportunities brought by advances indigital technology, etc.
• Increased outsourcing by enterprises due to labor shortages
as the aging of society and the declining birthrate progress• Improved health awareness in pace with longer healthy life
expectancy❶ Engage in comprehensive real estatebusinesses to meet all real estate needs
with a well-balanced combination ofcondominium, leasing and feebusinesses, aiming to increase profit.
❷ Besides real estate, in highly
competitive businesses where we canleverage our Group’s strengths, aim toprovide high value-added services
seeking further increases in profit.

5-year Efforts
1 Real estate business• Promote business focused on asset management by making
effective use of funds such as REITs.

• Enhance services for condominiums according to life cycle,
such as interior fittings and furnishings, renovations,brokerage and relocation.
• Find and strengthen medium- to long-term redevelopment
projects, etc. through activities related to CRE (corporate realestate) solutions.
2 Other than real estate• Provide diverse health checkup services that incorporate
advanced testing technologies.

• Provide customer call center services based on digitaltechnologies and high-level know-how.

• Expand service bases
Kansai Electric Power Group Integrated Report 202390

Kansai Electric Power Group Overview

Business Segments

Value Creation Story

Medium-term Management Plan

Business Overview

Foundation to Support Value Creation

Financial and Corporate Information

Life / Business Solution BusinessInitiatives in fiscal 2022
We have made active efforts to increase sales of “CIELIA”
condominiums in the Kansai and capital regions, and haveprovided 5,872 residences with this brand by the end of fiscal
year 2022.

Our real estate business in emerging economies, especiallythose in Southeast Asia, deals with primarily with condominium
development projects, while the focus is on office leasing andcondominium development in Europe, the U.S., Australia andother developed countries. By the end of fiscal 2022, we haveparticipated in 15 condominium development projects inThailand, Indonesia, the U.S. and Australia, and 17 leasing
projects in the U.S., Singapore and Australia.
In fiscal 2022, sale of properties in a timely manner
contributed to revenue growth.
Number of projects invested in since the first overseas
real estate business (fiscal 2017) until fiscal 2022

32

KANSAI Medical Net
offers a members-only
health management
support service “MedicalSupport System (MSS)”.
Many of the members
are satisfied with thethree “assurances” of“comprehensive medical checkups,” “health support,” and“medical coordination” that we provide.
To further expand our support in the health of customers, weplan to open new medical facilities.
• Nishinomiya Gardens Kenshin Clinic (2023)• Nakanoshima Clinic Ladies Plaza (2024)
Number of KANSAI Medical Net MSS members

2,200

CIELIA CITY Senriyama

Number of “CIELIA” brand residences supplied
Total of condominium units and detached houses withresidential land development completed since starting to
supply CIELIA brand residences (fiscal 2016)
until fiscal 2022

5,872

As part of our zero carbon initiatives, we launcheddevelopment of the CIELIA TOWER Nakanoshima, a ZEH
condominium that realizes “net zero carbon for the entire
condominium,” and the “Kanden Fudosan Shibuya Building,”
which obtained “ZEB Ready” certification at the design stage,
employing a variety of environmentally friendly technologies.
CIELIA TOWER Nakanoshima

BangkokWashington, D.C.

Kanden Fudosan Shibuya Building

Sydney(Building incorporated in fund)Kansai Electric Power Group Integrated Report 2023

Kanden CS Forum isexpanding the amount oforder receipts for customer
contact center operations
from other companies, etc. byutilizing knowledge andhigh-quality services
cultivated through operations
for the Kansai Electric Power Company and its group companies.
Most recently, the company has opened the following contact
centers:• Fukuoka Nakasu Center (December 2022)• Aomori Contact Center (April 2023)
In not only real estate services but also other business areas
where we can take advantage of business experience andstrengths as the Kansai Electric Power Group, we will proactively
incorporate digital and cutting-edge technology to expedite
offering of high value-added services and to expand andenhance healthcare and contact center businesses, aiming fordramatic profit growth as well.

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