Japan-based Mitsubishi Corp has recorded an impairment charge [a reduction in or total loss of the recoverable value of an asset] of Y52.2bn ($342.4m) on its offshore wind projects in Japan.

The three corporations said their pact comes after Japan’s approval of its latest Strategic Energy Plan, which aims to see ...

Mitsubishi Corp. took a 52.2 billion yen ($342.4 million) impairment charge on its domestic offshore wind projects in the nine-month period ended in December, it said on Thursday. Mitsubishi leads ...