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.
Headquarters
Japan
Address
Toyosu Ihi Bldg., 3-1-1, Toyosu, Koto-Ku, Tokyo, 135-8710
Website
www.ihi.co.jp
Telephone
81 362 047800
No of Employees
27,990
Industry
Industrial Goods and Machinery
Ticker Symbol & Exchange
7013 (TYO)
Revenue (2024)
$10.7B
23%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
265.3%
(2024 vs 2023)
Market Cap*
$19.8B
Net Profit Margin (2024)
XYZ
234.3%
(2024 vs 2023)
* As of and is in US$
IHI Corp premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Ground Test Facilities | Services |
| Aero Engines & Space Operations | Construction |
| Space Station-Related Equipment | Procurement |
| 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 April, the company entered into an agreement with Babcock Power Services Inc. and Riley Power Inc. to enhance the conversion of power plant boilers to low-carbon fuels. |
| 2026 | Contracts/Agreements | In April, the company entered into an agreement with Gentari Hydrogen Sdn. Bhd and a subsidiary of the Petronas Chemicals Group Berhad, to demonstrate an ammonia-fired gas turbine (IHI's IM270). |
| 2026 | Contracts/Agreements | In March, IHI Plant Services, IHI Group company and Chubu Plant Service Co., Ltd. secured an Engineering, Procurement and Construction contract from JERA Co., Inc. for four fuel ammonia storage tanks (total capacity: 160,000 tons) and associated facilities. |
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 | - |
| No. of Employees | 27,990 | 57,000 | 77,274 | 61,296 | 97,000 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Tsugio Mitsuoka | Chairman | Executive Board | 2021 | 71 |
| Hiroshi Ide | Representative Director; President; Chief Executive Officer | Executive Board | 2023 | 64 |
| Hideo Morita | Senior Executive Officer; Representative Director; In Charge of Group Economic Security,Group Quality Assurance / Design Process, Production Base Strategy,Business Relating to Procurement | Executive Board | 2024 | 64 |
| Noriko Morioka | Director; General Manager - Strategic Technologies Division; Managing Executive Officer | Executive Board | 2024 | 61 |
| Akihiro Seo | Director; In Charge of Group ESG, Safety and Health; Managing Executive Officer | Executive Board | 2024 | 62 |
| 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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