Policy, Development, Construction and Bidding Risks in Offshore Wind
First written in FY2022. 1 of 4 entries say "Worsened", first in FY2025. Latest entry: FY2026.
Cosmo Energy Holdings moved to the "Worse" side of this theme in 2025.
1 other company's latest entry also says "Materialised".
- FY2026MaterialisedAnnual report
「We made strategic investments based on the business environment, including deciding not to invest in certain offshore wind power and other projects in light of changes in the business environment.」
Regarding offshore wind power, the company stated that it had actually decided not to invest in certain projects in light of risks including intensifying competition and rising costs. - 2026-05-28Cited as achievedGeneral Meeting of Shareholders
「洋上風力発電事業において事業環境を踏まえた経済合理性の観点から入札を見送った」
洋上風力について、事業環境と経済合理性を踏まえ入札を見送った実績を、第7次連結中期経営計画の成果として引用している。 - FY2025WorsenedAnnual report
「The business environment for offshore wind power is becoming increasingly challenging because of factors including the growing number of competitors and rising costs.」
Regarding policy, development, construction and bidding risks in offshore wind power, the company stated that the business environment had become more challenging because of increased competition and rising costs. - FY2022First statedAnnual report
「During the development stage, in addition to obtaining various permits and approvals, wind condition surveys and environmental impact assessments are required, resulting in a certain level of upfront investment before construction begins. If an event occurs that makes it necessary to abandon commercialization during the development stage and the investment cannot be recovered, this could affect the Group's operating results and financial condition. In addition, as many companies are participating in the offshore wind power business and competition is intensifying, returns on investment may decline.」
The company disclosed as separate risks in offshore wind power the upfront investment associated with permits, approvals and environmental impact assessments, abandonment of commercialization, higher construction costs and delays, unsuccessful bids, and lower profitability due to intensifying competition.