Japan – MHI Reaches a Basic Agreement with J-POWER on the Transfer of its Domestic Onshore Wind Power Business

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MHI Reaches a Basic Agreement with J-POWER on the Transfer of its Domestic Onshore Wind Power Business

Integrating J-POWER’s strong organization structure as a wind power designer with MHI’s comprehensive wind turbine innovation and competence to provide even higher worth to consumers

TOKYO, Nov 7, 2025 – (JCN Newswire) – Mitsubishi Heavy Industries, Ltd. (MHI) has actually reached a fundamental arrangement with Electric Power Development Co., Ltd. (J-POWER) to start conversations on the transfer of MHI’s domestic onshore wind power company (the “Subject Business”to J-POWER. Upon reaching shared arrangement on the required conditions for the transfer, both celebrations will carry out a conclusive arrangement, intending to finish the transfer by April 1, 2026.

Considering that starting the production of massive wind turbines locally in the 1980s, MHI has actually built up more than 40 years of comprehensive understanding and proficiency in wind turbine innovation. To date, MHI has actually provided over 4,200 turbines to 11 nations worldwide, mostly in North America and Japan, and has actually continually offered after-sales services. Through this company transfer, MHI intends to totally utilize its customized proficiency throughout a more comprehensive variety of fields.

J-POWER is dedicated to stabilizing steady domestic power supply with attending to environment modification by actively establishing its wind power service. The J-POWER Group adds to steady electrical power supply and is likewise pursuing carbon neutrality, as laid out in the J-POWER “BLUE MISSION 2050” revealed in February 2021.(Note) Wind power has actually been a core focus for J-POWER given that it was amongst the very first in Japan to run a massive business wind farm in 2000, and it presently holds the second-largest domestic market share in wind power generation centers.

The transfer of the Subject Business will reinforce and even more broaden J-POWER’s structure as a wind power designer by incorporating MHI’s collected wind power knowledge. This cooperation is anticipated to speed up the future growth of J-POWER’s wind power organization and associated services, causing more development. MHI is persuaded that this will not just offer clients with higher worth however likewise provide brand-new chances for development and advancement to workers participated in this company.

MHI Group will continue to enhance its business in line with the policy of reinforcing portfolio management set out in the 2024 Medium-Term Business Plan.

For additional information, please go to: https://www.jpower.co.jp/english/bluemission2050/

Notification Regarding the Conclusion of a Basic Agreement Concerning the Transfer of Business to a Subsidiary by means of Company Split (Simplified Absorption-type Split) and the Transfer of Shares in Said Subsidiary (272KB)

About MHI Group

Mitsubishi Heavy Industries (MHI) Group is among the world’s leading commercial groups, covering energy, clever facilities, commercial equipment, aerospace and defense. MHI Group integrates advanced innovation with deep experience to provide ingenious, integrated services that assist to recognize a carbon neutral world, enhance the lifestyle and guarantee a much safer world. To find out more, please check out www.mhi.com or follow our insights and stories on spectra.mhi.com