AdvertisementAdvertisementBusiness10 Sep 2025 09:15AM (Updated: 10 Sep 2025 09:45AM) Bookmark Bookmark WhatsApp Telegram Facebook Twitter Email LinkedInRead a summary of this article on FAST.Get bite-sized news via a newcards interface. Give it a try.Click here to return to FAST Tap here to return to FASTFAST Elliott Management has become one of the top three shareholders of Kansai Electric Power with a stake of between 4 per cent and 5 per cent, the Financial Times said on Wednesday, citing people familiar with the matter.The activist investor is urging Kansai Electric, a major nuclear power operator, to increase dividends and share buybacks by selling 150 billion yen ($1 billion) in non-core assets annually, according to the report.Elliott has identified assets at the company, including a stake in a construction firm and real estate worth more than 1 trillion yen, the FT reported.Elliott and Kansai Electric did not immediately respond to requests for comment.Elliott has been expanding its investing in Japan, pushing companies including Tokyo Gas to boost shareholder value.($1 = 147.4700 yen)Source: ReutersNewsletterWeek in ReviewSubscribe to our Chief Editor’s Week in ReviewOur chief editor shares analysis and picks of the week's biggest news every Saturday.Sign up for our newslettersGet our pick of top stories and thought-provoking articles in your inboxSubscribe hereGet the CNA appStay updated with notifications for breaking news and our best storiesDownload hereGet WhatsApp alertsJoin our channel for the top reads for the day on your preferred chat appJoin hereAlso worth readingContent is loading...Expand to read the full storyGet bite-sized news via a newcards interface. Give it a try.Click here to return to FAST Tap here to return to FASTFAST