tnuomanoitareneGSurrounded by the sea, Japan is geographically well positioned to capitalize on the huge potential demand for offshore wind power generation. In addition, in 2024, the national government approved legislation to expand offshore wind power generation into Japan’s exclusive economic zone (EEZ). The Group intends to take advantage of this environment to grow its business. Looking to achieve net sales of 12 billion yen by fiscal 2029, we will move steadily forward on our initiatives.20202030Growth potential of offshore wind power generation market2040Forecast for offshore wind power generation market expansionGovernment power generation target:10 GWSource: “Vision for Offshore Wind Power Industry (1st),” published by Public-Private Council on Enhancement of Industrial Competitiveness for Offshore Wind Power Generation3TOYO CONSTRUCTION I INTEGRATED REPORT 2024 Government power generation target:30– 45 GW
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