Professional
Added to YB: 2026-03-12
Pitch date: 2026-01-14
9503.T [bullish]
The Kansai Electric Power Company, Incorporated
+0.27%
current return
Author Info
No bio for this author
Company Info
The Kansai Electric Power Company, Incorporated engages in electricity, gas and heat supply, and telecommunication and gas supply in Japan.
Market Cap
JPY 2.7T
Pitch Price
JPY 2.6K
Price Target
N/A
Dividend
3.72%
EV/EBITDA
6.99
P/E
6.77
EV/Sales
1.55
Sector
Electric Utilities
Category
special_situation
13D Activist Fund New Position: The Kansai Electric Power Company, Incorporated
9503.T (new position): Elliott activist campaign at Japan's 2nd largest utility & top nuclear operator (48% of output). Trading 0.75x P/B despite ¥800B EBITDA & strongest margins. Value unlock: raise 22.7% payout ratio, sell ¥2T non-core real estate/assets vs ¥2.5T mkt cap, improve 9% ROE via buybacks & capital policy, expand AI/datacenter biz. Elliott's similar Tokyo Gas campaign returned 63% in 1yr via increased dividends, ¥200B buyback & asset sales.
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