The Kansai Electric Power Company, Incorporated
Kansai Electric Power to Recognize Approximately ¥176 billion Gain from Share Sale | June 2026
Kansai Electric Power plans to recognize approximately ¥105 billion in gain from the sale of Kin-den's treasury stock in the consolidated financial statements for the fiscal year ending March 2027. The partnership will continue even after the sale.
Key Figures
- Gain from Sale of Affiliate Shares: Approximately ¥105 billion (scheduled to be recognized in the fiscal year ending March 2027)
- Number of Shares Sold: 33,500,000 shares
- Sale Price: ¥6,677 per share
AI要約
Performance Overview
Kansai Electric Power sold 33,500,000 shares of Kin-den’s treasury stock as of June 1, 2026, with the total sale amount reaching approximately ¥223.9 billion. Post-sale, the holding shares amount to 40,018,174. As a result, approximately ¥105 billion is expected to be recognized as gain from the sale of affiliated company shares in the consolidated financial statements for the fiscal year ending March 2027. The sale price per share is ¥6,677.
Future Outlook and Corporate Activities
Kansai Electric Power will continue to strengthen its partnership with Kin-den, ensuring safe and stable electricity supply while maintaining a collaborative relationship. The recognition of sale gains is expected to positively impact earnings for the fiscal year ending March 2027. Although details regarding capital policy or future business strategies related to the sale are not disclosed, the sale proceeds are likely intended to secure funds and support business stability.
Kansai Electric Power Company, Incorporated
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