Kansai Electric Power Group Overview

Value Creation Story

Medium-term Management Plan

Business Overview

Foundation to Support Value Creation

Financial and Corporate Information

Value Creation Process for the Kansai Electric Power Group
Based on accurately understanding global social issues and environmental changes, by utilizing the strengths that we have cultivated and delivering new value, our Group willcontinuously serve our customers and communities as the operator of a platform providing various social infrastructures and services.
Recognition of external environment

INPUT

Business activities

Changes to the businessenvironment

Strengths• Intensified business competition
due to liberalization• Growing uncertainty in energy
markets due to changes ininternational affairs andexchange rate fluctuations• Further accelerating trend
toward decarbonization• New market creation in powersystem reform

Zero-carbon powersourcesComprehensive
strengths of our Group

Problem-solving
power

Responding todigitalization• Increasing importance ofdeveloping digital infrastructurethat supports DX• Changes to the needs ofcorporations due to labor
shortages; progress of workstyleinnovation, etc.

As of March 31, 2023

● Ordinary profits ...................... -6.6 billion yen

Social issues• Global warming• Natural disasters• Exhaustion of natural resources• Secure a stable supply of energy• Respond to infectious diseases• Depopulation, decreasing
birthrate and aging population• Low economic growth● Number of employees● ROA ............................................................................ 0.2%

Manufacturing CapitalSocial Capital● Business offices

Kansai Electric Power Co., Inc. ............... 223
Kansai Transmission andDistribution, Inc. ............................................ 1,103● Group companies ................................................. 99(As of June 30, 2023)● Power facilities...................................... 167 locations / 28.65 GW● Power transmission and distribution
facilities

Intellectual Capital● Safe and stable supply, technicalprowess and know-how to ensure
quality● AI technology, big data

Kansai Electric Power Group Integrated Report 2023

HR Capital(consolidated) .............................................. 31,628● Promotion of diversity● Innovation/digital human resources● Equity ratio ....................................................... 20.4%

EX

Seeking to achievezero-carbon emissions

VX

Transforming into a
service provider

BX

Building a robust
corporate constitutionEnergy Transformation

Management Capital
Financial Capital

KXKandenTransformation● Relationship of trust with our customers● Customer base through groupbusinesses● Firm connections with communities inKansai● Collaborative relationship with oursuppliers

Natural Capital

Value Transformation

Business Transformation

Firmly establishing governance and promoting compliance● Fuel for power generation● Water for power generation

大切にする価値観 Values

公正 × 誠実 × 共感× 挑戦
Fairness

Integrity

Inclusion

Innovation21

Kansai Electric Power Group Overview

Value Creation Story

Medium-term Management Plan

Business Overview

Foundation to Support Value Creation

Financial and Corporate Information

Value Creation Process for the Kansai Electric Power GroupOUTCOME
2030

EnergyBusiness●Zero-carbon energy●Energy service solutions

Solving SDGs and other social issues

存在意義Purpose
2050

Achieving a zero-carbon society

Use withzero CO

Make withzero COZero Carbon Vision 2050

TransmissionandDistribution
Business●

Wheeling service●

Next-generation
network●

Information andtelecommunications
infrastructures andservices

Information andTelecommunications
Business●DX solutions

2025

Serving our customers and communities continuously
as the operator of a platform providing various socialinfrastructures and services
Management Capital
Financial CapitalIntellectual CapitalSocial Capital● Ordinary profits ... 250 billion yen or more

● New technologies to realize zero carbon● Providing new value while meticulously● Equity ratio ...................................... 23% or more

● Invest in the promotion of R&D and● FCF ................................. 200 billion yen or more
● ROA ....................................................... 3.5% or more

Manufacturing Capital

Real estate● Establishment of a seven-nuclear reactor●Lifestyle support services● Making renewable energy a main power●Healthcare●Business solutions●Life / BusinessSolution
Business

Kansai Electric Power Group Integrated Report 2023

What we aspire to become

system and sophisticated operations

source............. 5 GW of new development inJapan............. 9 GW of cumulative development(by 2040)(SMRs, CCUS, hydrogen utilization, etc.)
innovations to contribute to theresolution of social issues

HR Capital● Ratios of female managers andfemale senior managers............. Increase to more than threefold
those of FY 2018 by the end ofFY 2030
● Ratio of females in recruitment............. Office staff 40% or more, technicalstaff 10% or more
● Development of innovation and digital
human capitalmeeting increasing and diversifying
customer needs● Deepening bilateral communication

with stakeholders

Natural Capital﹁ あ た り ま え ﹂を 守 り︑創 る

OUTPUT● Keep the top spot for the amount ofzero-carbon power generation in Japan● CO emissions associated with power

generation............. to be halved in FY 2025
(compared to FY 2013)

Serving and Shaping
the Vital Platform
for a Sustainable Society22