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Investor Presentaiton

70 (Reference) Naniwasuji Line Plan Naniwasuji Line Received approval for railway business in July 2019. Approval for construction was obtained and the urban project decision was publicly announced in February 2020. Full-scale construction project began at Nakanoshima Station and Nishi-Hommachi Station from the second half of FY2021. Preliminary work for excavation is underway at the Nankai Shin-Namba Branch Tunnel section. While continuing land acquisition, we will work on other sections to start line operation in spring 2031. Hankyu Kyoto Line Hankyu Takarazuka Line. Tokaido Shinkansen JR Shin-Osaka Hankyu Kobe Line Sanyo Shinkansen Juso Discussions and reviews for the Naniwasuji connecting line and Shin-Osaka connecting line Osaka station Umeda (Umekita Area) To Kobe Hanshin Namba Line Nakanoshima Nishi- Hommachi To waterfront area JR with only Keihan Nakanoshima Line Osaka Metro Chuo Line Nankai Shin-Nar JR Namba Nankai Namba Branch Line JR Tokaido Line Joint JR-Nankai Zone with only Nankai Shin-Imamiya (Overall diagram) Nankai Line JR Loop Line Overview of Plans for the Naniwasuji Line Service zones Intermediate stations Total project cost • Osaka Station (Umekita Area)-(tentative name) Nishi-Hommachi Station - Nankai Shin-Imamiya Station • Osaka Station (Umekita Area)-(tentative name) Nishi-Hommachi Station to JR Namba Station Nakanoshima Station (tentative name), Nishi-Hommachi Station (tentative name), Nankai Shin-Namba Station (tentative name) Approx. ¥330.0 billion (estimate) Components: Investment by local governments: Approx. ¥33.0 billion (Osaka Prefecture: ¥16.5 billion, Osaka City: ¥16.5 billion) Private investment: Approx. ¥33.0 billion (Nankai Electric Railway: ¥18.5 billion, JR West: ¥14.5 billion) To Kyoto Project implementation Kansai Rapid Railway Co., Ltd. Naniwasuji Line To Nara To Nara Kintetsu Nara Line and Osaka Line Operator and operation segments Targeted start of commercial service Nankai Electric Railway Co., Ltd. Operation segment: Osaka Station (Umekita Area)-Nankai Shin- Imamiya Station West Japan Railway Company (JR West) Operation segment: Osaka Station (Umekita Area)-JR Namba Station Spring 2031 * Osaka Station (Umekita Area) opened March 2023 in a project to convert the Tokaido Branch Line to an underground line and establish a new station. NANKAI • (Reference) Favorable results were obtained from a study of the Naniwasuji connecting line and Shin-Osaka connecting line conducted by the Japanese government in FY2017. Based on the results of the study, the related parties will conduct discussions and reviews with the aim of commercializing the project at an early stage.
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