Komori
Treasury Shares9503The Kansai Electric Power Company,IncorporatedElectricity and gas

Tendering Shares into KINDEN CORPORATION’s Tender Offer for Its Own Shares and Expected Recognition of a Gain on Sale of Shares in an Affiliated Company

It was decided that Kansai Electric Power and Kanden Realty & Development would tender part of their holdings of KINDEN CORPORATION shares into KINDEN CORPORATION's self-tender offer. If the shares are sold, Kansai Electric Power is expected to recognize a gain on the sale of shares in an affiliate.

Worth reading
39Recurring
Scored from 3 of 5 sections
Direction
Improvement
Direction inferred from the company’s description.
Scale
1760
¥100 million (standalone financial statements; approximately ¥105 billion in consolidated financial statements)
Wording
Conditional
How definitive the wording is.

Resolution on acquisition limit

Resolved 27 April 2026Tender offer
Maximum number of shares to be acquired33,500,000 shares (number of shares planned to be acquired)Common shares
Acquisition period

28 April 2026 (Tuesday) to 1 June 2026 (Monday)

Resolution on acquisition limit
ItemDetails
Class of shares to be acquiredCommon shares
Maximum number of shares to be acquired33,500,000 shares (number of shares planned to be acquired)
Acquisition period28 April 2026 (Tuesday) to 1 June 2026 (Monday)
Method of acquisitionTender offer
Resolution date27 April 2026
Items this document does not state (11)
Percentage of total issued sharesTotal acquisition priceReason for acquisitionNumber of shares to be retiredPercentage of total issued shares before retirementScheduled retirement dateTotal number of issued shares after retirementCurrent number of treasury sharesTotal number of issued sharesChange in acquisition periodChange in acquisition limit

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

To optimize the capital relationship between the two companies and improve capital efficiency, while maintaining the collaborative relationship with KINDEN CORPORATION.

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Tendering Shares into KINDEN CORPORATION’s Tender Offer for Its Own Shares and Expected Recognition of a Gain on Sale of Shares in an Affiliated Company | The Kansai Electric Power Company,Incorporated (9503) timely disclosure | Komori