{"id":43104,"date":"2026-04-27T17:46:45","date_gmt":"2026-04-27T08:46:45","guid":{"rendered":"https:\/\/japanir.jp\/en\/ir\/9503-20260427-01_wp_tender_offer\/"},"modified":"2026-04-27T17:46:45","modified_gmt":"2026-04-27T08:46:45","slug":"9503-20260427-01_wp_tender_offer","status":"publish","type":"ir_release","link":"https:\/\/japanir.jp\/en\/company\/company-9503\/ir\/9503-20260427-01_wp_tender_offer\/","title":{"rendered":"Application for Share Buyback Tender Offer by Kinden Corporation and Expected Recording of Equity Method Investment Gains"},"content":{"rendered":"<p>Kansai Electric Power plans to sell 33,500,000 shares to Kinden Corporation\u2019s share buyback tender offer, with a total sale amount of JPY 223,680 million, and expects to record approximately JPY 105 billion in equity method investment gains in fiscal 2027.<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","meta":{"Ticker":"","DATE":"","longName":"","company_name_ja":"","fullTimeEmployees":0,"address":"","phone":"","website":"","industry":"","sector":"","regularMarketPrice":0,"financialCurrency":"","marketCap":0,"fiftyTwoWeekLow":0,"fiftyTwoWeekHigh":0,"epsTrailingTwelveMonths":0,"epsForward":0,"bookValue":0,"totalRevenue":0,"OperatingIncome":0,"operatingMargins":0,"NetIncome":0,"profitMargins":0,"ebitda":0,"trailingPE":0,"forwardPE":0,"priceToBook":0,"returnOnEquity":0,"recommendationMean":0,"recommendationKey":"","targetMeanPrice":0,"numberOfAnalystOpinions":0,"analyst_earnings_data":"","dividendRate":0,"dividendYield":0,"payoutRatio":0,"totalEsg":0,"environmentScore":0,"socialScore":0,"governanceScore":0,"title":"","providerPublishTime":"","link":"","longBusinessSummary":"","longBusinessSummary_ja":"","quarterly_revenue":0,"quarterly_net_income":0,"quarterly_operating_profit":0,"enterprise_value":0,"company_officer_1_name":"","company_officer_1_title":"","company_officer_2_name":"","company_officer_2_title":"","company_officer_3_name":"","company_officer_3_title":"","company_officer_4_name":"","company_officer_4_title":"","company_officer_5_name":"","company_officer_5_title":"","company_officers_update_time":"","get_dividend_history_year1":0,"get_dividend_history_year2":0,"get_dividend_history_year3":0,"get_dividend_history_year4":0,"get_dividend_history_year5":0,"get_dividend_history_year6":0,"get_dividend_history_year7":0,"get_dividend_history_year8":0,"get_dividend_history_year9":0,"get_dividend_history_year10":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"jir_stock_code":"9503","jir_company_name":"The Kansai Electric Power Company, Incorporated","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-04-27","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/04\/9503-20260427-01.pdf","jir_short_summary":"Kansai Electric Power plans to sell 33,500,000 shares to Kinden Corporation\u2019s share buyback tender offer, with a total sale amount of JPY 223,680 million, and expects to record approximately JPY 105 billion in equity method investment gains in fiscal 2027.","jir_summary":"### Overview of the Tender Offer Application\nThe Kansai Electric Power Company and Kanden Realty & Development Co., Ltd. have decided to apply with a portion of their held shares to Kinden Corporation\u2019s share buyback tender offer. The number of shares held before the tender offer was 73,518,174 shares (holding ratio 37.13%). The number of shares applied for is 73,412,898 shares, with 33,500,000 shares scheduled for sale. The tender offer price is JPY 6,677 per share, and the total sale amount is expected to be approximately JPY 223,680 million. The tender offer period is from April 28, 2026 to June 1, 2026, with the settlement date set for June 23, 2026.\n\n### Impact on Performance and Future Policy\nIf the scheduled 33,500,000 shares are sold, approximately JPY 176 billion will be recorded as special gains from equity method investment in the non-consolidated financial statements, and approximately JPY 105 billion in the consolidated financial statements for fiscal 2027. Shares not subject to the tender offer will continue to be held, and the company intends to maintain its collaborative relationship with Kinden Corporation, continuing cooperation in ensuring the safe and stable supply of electricity and growth businesses.","jir_financial_highlights":"Number of Shares Scheduled for Sale: 33,500,000 shares (Unknown)\nTotal Sale Amount (Planned): JPY 223,680 million (Unknown)\nEquity Method Investment Gains on Stock Sales (Consolidated): Approximately JPY 105 billion (Unknown)\nEquity Method Investment Gains on Stock Sales (Non-consolidated): Approximately JPY 176 billion (Unknown)\nTender Offer Price: JPY 6,677 per share (Unknown)","jir_category":"","jir_hashtags":"#KansaiElectricPower, #TenderOffer, #TOB, #ShareBuyback, #JapaneseStocks","jir_key_figures":"Number of Shares Scheduled for Sale: 33,500,000 shares\nTotal Sale Amount (Planned): JPY 223,680 million\nEquity Method Investment Gains on Stock Sales (Consolidated): Approximately JPY 105 billion (Fiscal 2027 forecast)","jir_meta_title":"[Kansai Electric Power] Sale of 33.5 Million Shares in Kinden Share Buyback Tender Offer\uff5cApril 2026","jir_meta_description":"Kansai Electric Power plans to sell 33,500,000 shares to Kinden Corporation\u2019s share buyback tender offer. Total sale amount is JPY 223,680 million, with approximately JPY 105 billion in stock sale gains expected to be recorded in fiscal 2027.","jir_og_title":"[Kansai Electric Power] Sale of 33.5 Million Shares in Kinden Share Buyback Tender Offer\uff5cApril 2026","jir_og_description":"Kansai Electric Power will respond to Kinden\u2019s share buyback tender offer by selling 33,500,000 shares. Approximately JPY 105 billion in gains are expected to be recorded in fiscal 2027.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":7311,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"tender_offer","footnotes":""},"sector":[],"importance":[],"class_list":["post-43104","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Application for Share Buyback Tender Offer by Kinden Corporation and Expected Recording of Equity Method Investment Gains - Japan IR<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/japanir.jp\/en\/company\/company-9503\/ir\/9503-20260427-01_wp_tender_offer\/\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/japanir.jp\/en\/company\/company-9503\/ir\/9503-20260427-01_wp_tender_offer\/\",\"url\":\"https:\/\/japanir.jp\/en\/company\/company-9503\/ir\/9503-20260427-01_wp_tender_offer\/\",\"name\":\"Application for Share Buyback Tender Offer by Kinden Corporation and Expected Recording of Equity Method Investment Gains - 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