Headwinds in offshore wind power. A brand to deliberately keep an eye on

1. Withdrawal from offshore wind power projects and impacts

Mitsubishi Corporation (8058): Allied with Chubu Electric Power, decided to withdraw from three offshore areas including off the coast of Chiba Prefecture.

Reason: construction costs rose to more than twice the initial estimate (over 1 trillion yen for three projects).

Chubu Electric Power (9502): Together with Mitsubishi Corporation, decided to withdraw from the project won in the first public offering round.

2. Winners of government public offerings and eligibility for additional support

The following companies won bids in government public offerings, but

they are facing cost increases due to inflation, leading the government to indicate additional support may be provided.

J-Power (9513)

Mitsui & Co. (8031)

Osaka Gas (9532)

Sumitomo Corporation (8053)

Tokyo Electric Power Company Holdings (HD, 9501)(subsidiary won the bid)

Eneos Holdings (5020)(subsidiary won the bid)

Tohoku Electric Power (9506)

Marubeni (8002)

3. Development and promotion of the next-generation technology "floating"