Mitsubishi and Partner to Withdraw from Offshore Wind Initiatives in Japan, According to Nikkei

Written by Emily J. Thompson, Senior Investment Analyst

Updated: Aug 26 2025

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Mitsubishi Consortium Withdrawal: A Mitsubishi-led consortium is exiting three offshore wind power projects in Japan's Chiba and Akita prefectures.
Profitability Concerns: The decision to withdraw is driven by concerns over profitability, particularly due to material inflation affecting project costs.
Low Bid Impact: The consortium faced challenges in ensuring profitability after submitting a low bid for the offshore wind farm projects.
Focus on Offshore Wind Farms: The projects were intended to develop offshore wind farms along the Japanese coast, highlighting the ongoing challenges in renewable energy investments.

About the author

Emily J. Thompson

Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.