Brief: Kansai Electric Official: We View Real Estate As A Necessary Business And are Exploring How To Grow It, How To Achieve Synergies

Kansai Electric Power Co

30/10/2025 08:47

Oct 30 (Reuters) - Kansai Electric Power Co Inc 9503.T:

KANSAI ELECTRIC OFFICIAL: WE ARE CONSIDERING TO SET A CONSOLIDATED PAYOUT RATIO TARGET OF 25-35% AS PART OF NEW FY2026-2028 MEDIUM-TERM PLAN TO BE UNVEILED NEXT SPRING

KANSAI ELECTRIC OFFICIAL: WE ARE NOT CONSIDERING LNG PROCUREMENT FROM ALASKA LNG PROJECT, BUT WILL CLOSELY MONITOR THE PROJECT’S DEVELOPMENT

KANSAI ELECTRIC OFFICIAL: WE VIEW REAL ESTATE AS A NECESSARY BUSINESS AND ARE EXPLORING HOW TO GROW IT AND HOW TO ACHIEVE SYNERGIES

KANSAI ELECTRIC OFFICIAL: WE BELIEVE THAT IMPROVING ASSET EFFICIENCY THROUGH ASSET ROTATION IS SOMETHING A COMPANY SHOULD DO

KANSAI ELECTRIC OFFICIAL: NO COMMENT ON CONTENT OF DISCUSSIONS WITH INDIVIDUAL SHAREHOLDERS, INCLUDING ELLIOTT

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Further company coverage: 9503.T

 (Reporting by Yuka Obayashi)

 ((kiyoshi.takenaka@thomsonreuters.com;))