Realignment of reportable segments to align with the medium-term management plan

「The business concerning hyperscale data centers, which had been included in the “Energy Business,” has been changed to the “Information and Communications Business” because it has reached the commercialization stage.」

「Accordingly, from the next consolidated fiscal year, the reportable segments will be changed to 4 categories: Energy Business, Transmission and Distribution Business, Information and Telecommunications Business, and Real Estate Business.」

「To measure the performance of each business more clearly, from the first quarter of the current consolidated fiscal year, reportable segment profit was changed from the former ordinary profit to profit excluding dividends received from consolidated subsidiaries and equity-method affiliates from ordinary profit.」

「In March 2021, the Company formulated the Kansai Electric Power Group Medium-term Management Plan (2021-2025) and designated the Energy Business, Transmission and Distribution Business, Information and Telecommunications Business, and Lifestyle and Business Solutions Business as its core businesses. With the aim of transforming into a service provider that delivers new value to customers through diverse solutions, the former Generation and Retail Business and Gas and Other Energy Business were integrated and will be managed as a single Energy Business.」

「On 1 April 2020, the Company transferred its general transmission and distribution business to Kansai Transmission and Distribution, Inc. through a company split. Accordingly, the reportable segments have been changed from the first quarter of the current consolidated fiscal year. The former Electric Power Business has been divided into the Generation and Retail Business, comprising the Company's domestic power generation and retail electricity businesses and its role as the business holding company responsible for managing the group as a whole, and the Transmission and Distribution Business, which provides services centered on general transmission and distribution.」

「On 1 April 2020, the Company transferred its general transmission and distribution business to Kansai Transmission and Distribution, Inc. through a company split. Accordingly, the reportable segments have been changed from the first quarter of the current consolidated fiscal year. The former Electric Power Business has been divided into the Generation and Retail Business, comprising the Company's domestic power generation and retail electricity businesses and its role as the business holding company responsible for managing the group as a whole, and the Transmission and Distribution Business, which provides services centered on general transmission and distribution.」

「On 1 April 2020, the Company transferred its general transmission and distribution business to Kansai Transmission and Distribution, Inc. through a company split. Accordingly, the reportable segment classifications have been changed from the first quarter of the current consolidated fiscal year.」

「Segment information for the cumulative third quarter of the previous consolidated fiscal year was prepared based on the post-change classifications. In line with the Kansai Electric Power Group's financial targets, reportable segment profit was changed from operating profit to ordinary profit.」

「In March 2019, the Company formulated the Kansai Electric Power Group Medium-term Management Plan (2019-2021), positioned “safety first and fulfillment of social responsibilities” as the foundation of management, announced initiatives including fulfilling its responsibility for safe and stable supply and strengthening its management base, and has been developing its businesses accordingly. In line with this, reportable segments and other classifications have been changed from the first quarter of the current consolidated fiscal year. The Comprehensive Energy and Transmission and Distribution Business, which provides comprehensive energy solutions including electricity, gas and utility services, has been divided into the Electric Power Business, which supplies electricity in Japan, and the Gas and Other Energy Business, which covers the remaining activities. The business segments also include the Information and Telecommunications Business, which provides comprehensive information and communications services, and the Real Estate Business, which provides real estate-related services. Reportable segments are determined based on quantitative criteria and other standards prescribed in the Accounting Standard for Disclosures about Segments of an Enterprise and Related Information (ASBJ Statement No. 17).」

「In March 2019, the Company formulated the Kansai Electric Power Group Medium-term Management Plan (2019-2021), positioned “safety first and fulfillment of social responsibilities” as the foundation of management, announced initiatives including fulfilling its responsibility for safe and stable supply and strengthening its management base, and has been developing its businesses accordingly. In line with this, reportable segments and other classifications have been changed from the first quarter of the current consolidated fiscal year.」

「The combined figures for the Electric Power Business and Gas and Other Energy Business are presented as the Comprehensive Energy and Transmission and Distribution Business.」

「As a principal change, the Company's gas supply business, Kanden Energy Solutions Co., Ltd., and other entities previously classified under the Comprehensive Energy Business, a business segment not included among the reportable segments, have been reclassified into the Gas and Other Energy Business and designated as a reportable segment. This also applies to Kansai Electric Power Holdings Australia Pty Ltd and other consolidated subsidiaries. In addition, the name of the Lifestyle Amenities Business, a business segment not included among the reportable segments, has been changed to the Real Estate and Lifestyle Business.」

「Accordingly, reportable segments and other classifications have been changed from the first quarter of the current consolidated fiscal year. The business segments now comprise the Electric Power Business, which supplies electricity; the Gas and Other Energy Business, which provides energy and solutions other than electricity; the Information and Telecommunications Business, which provides comprehensive information and communications services; and the Real Estate and Lifestyle Business, which provides real estate-related and lifestyle-related services. Based on quantitative criteria and other standards prescribed in the Accounting Standard for Disclosures about Segments of an Enterprise and Related Information (ASBJ Statement No. 17), the Electric Power Business, Gas and Other Energy Business, and Information and Telecommunications Business are designated as reportable segments.」

「Accordingly, reportable segments and other classifications have been changed from the first quarter of the current consolidated fiscal year. The business segments now comprise the Electric Power Business, which supplies electricity; the Gas and Other Energy Business, which provides energy and solutions other than electricity; the Information and Telecommunications Business, which provides comprehensive information and communications services; and the Real Estate and Lifestyle Business, which provides real estate-related and lifestyle-related services. The Electric Power Business, Gas and Other Energy Business, and Information and Telecommunications Business are designated as reportable segments.」

「Accordingly, reportable segments and other classifications have been changed from the first quarter of the current consolidated fiscal year. The business segments now comprise the Electric Power Business, which supplies electricity; the Gas and Other Energy Business, which provides energy and solutions other than electricity; the Information and Telecommunications Business, which provides comprehensive information and communications services; and the Real Estate and Lifestyle Business, which provides real estate-related and lifestyle-related services. Based on quantitative criteria and other standards prescribed in the Accounting Standard for Disclosures about Segments of an Enterprise and Related Information (ASBJ Statement No. 17), the Electric Power Business, Gas and Other Energy Business, and Information and Telecommunications Business are designated as reportable segments.」