Page 1

Kansai Electric Power power with heart Unaudited Financial Release ( Consolidated ) for the Second Quarter The information below is an English translation of extracts from Unaudited Financial Release ( Consolidated ) for the second quarter that has been filed with the major Japanese stock exchanges ( Tokyo ) for public inspection . These financial statements have been prepared in accordance with accounting principles and practices generally accepted in Japan . October 28 , 2021 The Kansai Electric Power Co. , Inc. ( Code : 9503 ) 6-16 Nakanoshima 3 - chome , Kita - ku , Osaka ( URL https://www.kepco.co.jp/ ) Company Representative : Takashi Morimoto , Director , Representative Executive Officer , President Contact : Takahiro Uenishi , Senior General Manager , Office of Accounting and Finance Tel : + 81-50-7105-9084 I. Performance over the Six -Months ended September 30 , 2021 and 2020 1. Results of Operations ( Figures are rounded down to the nearest million yen ) ( Million yen ) Six -Months Change 2020 ended September 30 2021 20/19 21/20 Operating Revenues 1,502,795 1,258,894 -8.0 % -16.2 % Operating Income 149,518 111,131 2.8 % -25.7 % Ordinary Income * 154,363 127,012 -0.6 % -17.7 % Net Income attributable to owners of 110,409 93,187 -2.4 % -15.6 % the parent Net Income per Share 123.62yen 104.36yen Fully Diluted Net Income per Share Comprehensive income Six - months ended September 30 , 2021 : Six - months ended September 30 , 2020 : 42,541 million yen 117,831 million yen Notes : Ordinary Income means Income before Provision for / Reversal of Reserve for Fluctuations in Water Level , Special Item and Income Taxes . 2. Financial Position Total Assets Net Assets Equity Ratio As of March 31 , 2021 ( Million yen ) As of September 30 , 2021 8,075,755 8,300,639 1,725,557 20.9 % 1,750,378 20.6 % Notes : Equity capital As of September 30 , 2021 : As of March 31 , 2021 : 1,707,325 million yen 1,684,528 million yen 1