IHI Corp (IHI) is a heavy machinery manufacturer that provides technology-oriented products and services to customers in the public, private and industrial sectors across the world. The group designs and manufactures a diverse range of products that includes ships and offshore facilities, structures, power and process plants, industrial machinery, aero engines, and car components. It also offers comprehensive solutions covering engineering, procurement, construction, and start-up for a wide variety of plant construction such as oil refineries and petrochemical processing, liquefied petroleum gas, and pharmaceutical. The company operates in Asia, Australia, North America, Central and South America, Europe, and Japan. IHI is headquartered in Koto-ku, Tokyo, Japan.
Headquarters
Japan
Address
Toyosu Ihi Bldg., 3-1-1, Toyosu, Koto-Ku, Tokyo, 135-8710
Website
www.ihi.co.jp
Telephone
81 3 62047800
No of Employees
28,801
Industry
Industrial Goods and Machinery
Ticker Symbol & Exchange
7013 (TYO)
Revenue (2023)
$10.0B
5.4%
(2023 vs 2022)
EPS
XYZ
Net Income (2023)
XYZ
404.6%
(2023 vs 2022)
Market Cap*
$4.1B
Net Profit Margin (2023)
XYZ
-41.6%
(2023 vs 2022)
* As of and is in US$
IHI Corp premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Aero Engines & Space Operations: | Engineering |
| Space station-related equipment | Construction |
| Ground support facilities | Procurement |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Contracts/Agreements | In March, the company concluded a positive impact finance loan agreement with the Shizuoka Bank for comprehensively assessing the environmental, social, and economic impacts of corporate activities. |
| 2023 | Regulatory Approval | In March, the company received approval from the German Federal Railways Authority for its 3D laser level crossing obstacle detection system. |
| 2023 | Contracts/Agreements | In March, the company and Northrop Grumman entered into a memorandum of understanding to develop highly maneuverable satellites for Japan. |
Competitor Comparison
| Key Parameters | IHI Corp | JFE Holdings Inc | Mitsubishi Heavy Industries Ltd | Eaton Corporation Plc | JGC Holdings Corp |
|---|---|---|---|---|---|
| Headquarters | Japan | Japan | Japan | Ireland | Japan |
| City | Koto-Ku | Chiyoda-Ku | Chiyoda-Ku | Dublin | Yokohama-Shi |
| State/Province | Tokyo | Tokyo | Tokyo | - | Kanagawa |
| No. of Employees | 28,801 | 64,296 | 77,991 | 92,000 | 7,275 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Tsugio Mitsuoka | Director; Chairman | Executive Board | 2020 | - |
| Hiroshi Ide | President; Chief Executive Officer; General Manager - Strategy; Director | Executive Board | 2021 | - |
| Yasuhiro Shigegaki | President - Industrial Systems & General - Purpose Machinery Business Area; Director; Managing Executive Officer | Executive Board | 2020 | - |
| Hideo Morita | Managing Executive Officer; President - Aero-Engine, Space & Defense Business Area; Director | Executive Board | 2021 | - |
| Takeshi Kawakami | Director; President - Social Infrastructure & Offshore Facilities Business Area; Managing Executive Officer | Executive Board | 2020 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2023 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2023 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2023 | XY |
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