The Chugoku Electric Power Co.,Inc. and Toda Corp. join Masuda-Hikimi Wind Power Project

April 16, 2026

Asia Wind power Co., Ltd.
Mitsui O.S.K. Lines, Ltd.
The Chugoku Electric Power Co.,Inc.
TODA CORPORATION
Hokutaku Co., Ltd.

The Chugoku Electric Power Co.,Inc. and TODA CORPORATION today announced that they have acquired shares in Asia Wind power Co., Ltd. ^(Note1) (Representative Director: Takashi Kashimura; Headquarters: Masuda City, Shimane Prefecture). With this acquisition, The Chugoku Electric Power Co.,Inc. and TODA join Mitsui O.S.K. Lines, Ltd. and Hokutaku Co., Ltd. as investors in the Masuda-Hikimi Wind Power Project.

Asia Wind power is constructing 13 wind turbines, each with an output of 4,200 kW, in Hikimi-cho, Masuda City, Shimane Prefecture, and developing, operating, and will maintain the facility as an onshore wind farm with a total generating capacity of 54,000 kW. The construction of the power plant will begin, with operations scheduled to start in January 2030.

Asia Wind power and its investing partners will, with the understanding and cooperation of the local community, continue construction with safety as the highest priority toward the commencement of operations of the power plant Through the advancement of this project, we will contribute to realization of a decarbonized society.

(Note1) A special purpose company (SPC) established in May 2019 through capital contributions from Mitsui O.S.K. Lines, Ltd. and Hokutaku Co., Ltd., serving as the project operator for the Masuda-Hikimi Wind Power Project.

<Project Overview>

Project Name	Masuda-Hikimi Wind Power Project
Power Plant Name	Masuda-Hikimi Wind Power Plant
Location	Michikawa Area, Hikimi-cho, Masuda City, Shimane Prefecture
Generating Capacity	54,000 kW (13 wind turbines)
Start of Operations	January 2030 (scheduled)
Project Developer	Asia Wind power Co., Ltd.
Investors	Mitsui O.S.K. Lines, Ltd., The Chugoku Electric Power Co.,Inc. TODA CORPORATION, Hokutaku Co., Ltd.

(Overview of the Investors)

Mitsui O.S.K. Lines, Ltd.
Headquarters: Minato-ku, Tokyo
President & CEO: Jotaro Tamura

The Chugoku Electric Power Co.,Inc.
Headquarters: Hiroshima-shi, Hiroshima
Representative Director President & CEO: Kengo Nakagawa

TODA CORPORATION
Headquarters: Chuo-ku, Tokyo
President: Seisuke Otani

Hokutaku Co., Ltd.
Headquarters: Asahikawa City, Hokkaido
President: Toru Fujii