IHI Corporation (IHICY)
IHI Corporation operates in the Industrial - Machinery industry of the Industrials sector, headquartered in Tokyo, TY, JP. The stock last traded at $18.28, up 6.28% on the session, giving a market capitalisation of $19.38B. On trailing twelve-month figures it carries a trailing P/E of 15.13, a net margin of 12.1%. Its beta of 0.88 implies it has historically moved less than the broad market.
IHI Corporation is a diversified global industrial conglomerate with extensive operations spanning several critical sectors both within Japan and internationally. The company is a key provider in resources, energy, and environmental solutions, delivering carbon reduction technologies and manufacturing a range of power generation and propulsion systems, including gas turbines, diesel engines for land use, and specialized engines for high-speed ships and other marine vessels. It plays a significant role in energy infrastructure, constructing LNG receiving terminals and storage tanks, and supplying equipment for various industrial plants. IHI also undertakes the construction of complex process plants, such as those for natural gas liquefaction, oil refining, petrochemicals, and LPG. Furthermore, it contributes to the nuclear industry, developing and building nuclear fuel cycle systems and providing components for both boiling and pressurized water reactors. In the realm of social infrastructure and offshore development, IHI constructs bridges and steel structures, provides water gates for rivers and dams, and develops environmental monitoring products. Its advanced technological offerings encompass 3D laser radars, X-ray inspection systems, monitoring and disaster prevention equipment, oil leak monitors, and sophisticated vibration control and seismic isolation floor systems. The company also produces shield tunneling machines, automatic segment assembling systems, and various transportation systems. For offshore facilities, IHI manufactures LPG/LEG storage tanks, floating LNG/LPG production, storage, and offloading (FPSO) units, semi-submersible rigs, and mega-float structures. Within industrial systems and general-purpose machinery, IHI engages in real estate activities, including leasing, sales, and housing development. Its product portfolio extends to compressors, cryogenic products, logistics systems, steelmaking equipment, machinery for ships, vehicle turbochargers, separators, lubricating systems, pulp and paper machinery, materials handling systems, agricultural machinery, parking systems, boilers, and various life-associated equipment. The company also offers factory solutions, heat treatment, and surface engineering services. Finally, in the aero engine, space, and defense sector, IHI develops aero engines, air traffic control systems, rocket systems, and comprehensive space exploration solutions. Founded in 1853, the company was originally known as Ishikawajima-Harima Heavy Industries Co., Ltd. before officially adopting the name IHI Corporation in 2007. Its headquarters are located in Tokyo, Japan.
IHI Corporation is most often compared with the following Industrials names: