IHI Corp - Company Profile
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IHI Corp (IHI) is a manufacturing company of industrial goods and machinery. The company's main activities include the manufacturing, sales, and provision of services related to power systems, carbon solutions, nuclear energy, bridges, transport systems, vehicular turbochargers, and aero engines. IHI's major products encompass a wide range of technologies such as ammonia combustion technology, biomass combustion technology, carbon capture and utilization technologies, and various machinery and systems for industrial and defense applications. The company's products and services cater to diverse industries, including energy, transportation, construction, and aerospace, serving both regional and global markets. The company operates across various geographic locations, targeting markets in Asia, Europe, and the Americas. IHI is headquartered in Tokyo, Japan.
IHI Corp premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Resources, Energy and Environment: | Resources, Energy and Environment: |
| Power generating Boilers | Operation and Maintenance Support System |
| Industrial Boilers | Operation and Maintenance Services |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Contracts/Agreements | In July, the company entered into a memorandum of understanding with Kuva Space Oy to develop a constellation of hyperspectral satellites for Japan's national security and economic security markets. |
| 2026 | Contracts/Agreements | In May, the company entered into a share transfer agreement with Toyota Industries Corporation to sell 80% stake in IHI Logistics & Machinery Corporation. |
| 2026 | Contracts/Agreements | In April, the company signed an agreement with ArianeGroup for the Operation of an SSA Ground-Based Optical Observatory. |
Competitor Comparison
| Key Parameters | IHI Corp | General Electric Co | Mitsubishi Heavy Industries Ltd | JFE Holdings Inc | Eaton Corporation Plc |
|---|---|---|---|---|---|
| Headquarters | Japan | United States of America | Japan | Japan | Ireland |
| City | Koto-Ku | Cincinnati | Chiyoda-Ku | Chiyoda-Ku | Dublin |
| State/Province | Tokyo | Ohio | Tokyo | Tokyo | Dublin |
| No. of Employees | 26,224 | 57,000 | 78,793 | 61,628 | 97,000 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Hiroshi Ide | Representative Director; President; Chief Executive Officer | Executive Board | 2023 | 65 |
| Hideo Morita | General Manager - Corporate Technology Strategy Office, Senior Executive Officer, Representative Director; Director | Executive Board | 2026 | 65 |
| Akihiro Seo | Director; In Charge of Group ESG, Safety and Health; Managing Executive Officer | Executive Board | 2024 | 63 |
| Jun Kobayashi | Director; Senior Executive Officer | Executive Board | 2026 | 62 |
| Atsushi Sato | Director; President - Aero Engine, Space & Defense Business Area; Senior Executive Officer | Executive Board | 2026 | 59 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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