Kansai Electric Power Group has formulated a three-year Management Plan 2026 toward 2040, targeting cumulative investments of 15 trillion yen, shareholder returns of over 270 billion yen, and net income of over 270 billion 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Inc.","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-04-30","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/04\/9503-20260430-03.pdf","jir_short_summary":"Kansai Electric Power Group has formulated a three-year Management Plan 2026 toward 2040, targeting cumulative investments of 15 trillion yen, shareholder returns of over 270 billion yen, and net income of over 270 billion yen.","jir_summary":"### Overview of Management Plan 2026\nKansai Electric Power Group has formulated the three-year management plan \"Kansai Electric Power Group Management Plan 2026\" toward 2040. The plan positions energy, power transmission and distribution, information and communication, and real estate as core businesses, while also challenging new businesses. It aims for a cumulative investment amount of 15 trillion yen and an ROIC-WACC spread of 100 to 150 basis points. In the three fiscal years from 2026 to 2028, the financial targets include maintenance investment of 1.5 trillion yen for safe and stable supply, growth investment of 1 trillion yen, cumulative shareholder returns of over 270 billion yen, net income exceeding 270 billion yen, and ROIC of 3.3% or higher.\n\n### Investment, Shareholder Return Policy and Business Strategy\nOver the next three years, cash creation through asset replacement and disciplined investments will be advanced. Asset replacement plans include over 550 billion yen turnover in real estate assets and over 380 billion yen from the sale of shareholdings. Investments are planned at 1.5 trillion yen for maintenance and 1 trillion yen for growth (800 billion yen in energy, 100 billion yen in information and communication, and 100 billion yen in real estate). Shareholder returns target a consolidated payout ratio of 25 to 35%, aiming to maintain or increase dividends. On the business front, efforts will focus on decarbonization, digital transformation (DX), AI utilization, and providing a resilient social infrastructure.","jir_financial_highlights":"Cumulative Investment Amount: 15 trillion yen (2026-2040) (Unknown)\nMaintenance Investment for Safe and Stable Supply: 1.5 trillion yen (FY2026-FY2028) (Unknown)\nGrowth Investment: 1 trillion yen (FY2026-FY2028) (Unknown)\nShareholder Returns: Over 270 billion yen cumulative (FY2026-FY2028) (Unknown)\nNet Income: Over 270 billion yen (average FY2026-FY2028) (Unknown)\nROIC: 3.3% or higher (average FY2026-FY2028) (Unknown)","jir_category":"","jir_hashtags":"#KansaiElectricPower, #ManagementPlan, #MidTermManagementPlan, #JapaneseStocks","jir_key_figures":"Cumulative Investment Amount: 15 trillion yen (2026-2040)\nShareholder Returns: Over 270 billion yen cumulative (FY2026-FY2028)\nNet Income Target: Over 270 billion yen (average FY2026-FY2028)","jir_meta_title":"\u3010Kansai Electric Power\u3011Formulation of Management Plan 2026\uff5cCumulative Investment of 15 Trillion Yen, Shareholder Returns Over 270 Billion Yen","jir_meta_description":"Kansai Electric Power Group has formulated the Management Plan 2026 toward 2040. The plan promotes cumulative investments of 15 trillion yen, shareholder returns of over 270 billion yen, and net income exceeding 270 billion yen, advancing safe and stable supply as well as growth investments.","jir_og_title":"\u3010Kansai Electric Power\u3011Formulation of Management Plan 2026\uff5cCumulative Investment of 15 Trillion Yen, Shareholder Returns Over 270 Billion Yen","jir_og_description":"Kansai Electric Power Group has announced its Management Plan 2026 toward 2040, planning cumulative investments of 15 trillion yen and shareholder returns exceeding 270 billion yen, targeting sustainable growth.","jir_og_image_url":"\/assets\/og\/company-business_update.jpg","jir_chart_data_collection":"[]","ir_related_company":7311,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"business_update","footnotes":""},"sector":[],"importance":[],"class_list":["post-44405","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n