Amended Securities Report – 101st Fiscal Period (2024/04/01 – 2025/03/31)

Kansai Electric Power Company Amended Securities Report – 101st Fiscal Period (2024/04/01 – 2025/03/31)

This report is an amended securities report submitted by Kansai Electric Power Company under the Financial Instruments and Exchange Act, aiming to provide accurate and timely information regarding the company's financial performance, financial position, and cash flow for the 101st fiscal period (April 1, 2024 to March 31, 2025).

The company has identified items requiring accounting re-evaluation or additional disclosures in its previously submitted securities report, prompting the filing of this amended version. This action is intended to enhance the quality of information disclosure to investors and stakeholders and to ensure strict compliance with applicable regulations.

Key amendments include the re-assessment of impairment treatments for certain power generation assets, a review of revenue recognition criteria in renewable energy projects, and additional disclosures related to transactions with affiliated companies. These revisions are based on strict application of accounting standards and recommendations from external auditors.

Regarding financial conditions, operating revenue is expected to show slight improvement year-on-year, supported by recovering electricity demand and stabilized fuel prices. However, cash flow is expected to remain under pressure due to delays in nuclear power plant restarts and increased capital expenditures for upgrading aging transmission and distribution infrastructure.

In pursuit of balancing stable energy supply with decarbonization goals, the company continues to focus on expanding renewable energy deployment, implementing smart grid technologies, and enhancing digital services for customers. The company remains committed to accelerating initiatives toward a sustainable energy society.

The company sincerely appreciates the continued understanding and support from shareholders, investors, and all stakeholders in connection with the submission of this report.