The Kansai Electric Power Company (OTCPK:KAEP.Y) 2025 Earnings Call Presentation

OPTAGE Inc Summary - OPTAGE's consumer business generated ¥258.3 billion in revenue in FY2024, with 54% from FTTH services, 35% from mobile business, and 11% from business solutions[12] - OPTAGE has 1.7 million FTTH subscribers and 1.37 million mobile subscribers as of end-October 2025[7] - OPTAGE aims to transition to a business portfolio where Business Solutions exceed 50% of revenue by FY2035, targeting approximately ¥430 billion in revenue and ¥75 billion in ordinary profit[68, 69] - OPTAGE plans to invest approximately ¥300 billion in growth areas by 2035 to enhance competitiveness and grow as a core non-energy company[59] Kanden Realty & Development Co,Ltd Summary - Kanden Realty & Development's revenue nearly doubled and profit before taxes increased by 2.8 times from 2016 to 2024[82, 83] - Kanden Realty & Development aims for FY2030 targets of ¥310 billion in revenue, ¥40 billion in profit before taxes, and an ROA of 4.5% or higher[103, 104] - Kanden Realty & Development has established a capital recycling business model, with 50% of on-balance sheet assets allocated to capital recycling as of FY2024[73, 93, 94] - Kanden Realty & Development targets an annual increase of ¥180 billion from FY2026 to FY2030 by strengthening the capital recycling business[99] Nuclear Power Generation Summary - The company supplies approximately 50% of Japan's operating nuclear capacity, with a total of 6,578 MW[113, 114] - The company has invested approximately ¥1.19 trillion in safety measures for all seven plants under the new regulatory standards[115] - The company aims to maximize the utilization of existing reactors and steadily advance the development of next-generation advanced reactors[140]