ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Producer Manufacturing

IHI Corp.

Business Summary

IHI Corp. engages in the design, manufacture, sale, installation, repair, overhaul, and maintenance of heavy machinery. It operates through the following segments: Resources, Energy and Environment; Social Infrastructure and Offshore Facilities; Industrial System and General-Purpose Machinery; Aero Engine, Space and Defense; and Others. The Resources, Energy and Environment segment includes boilers, power systems, motors for land and marine use, gas processes for storage facilities and chemical plants, nuclear power, gas engines, environmental systems, and pharmaceutical plants. The Social Infrastructure and Offshore Facility segment deals with bridges, water gates, steel structures, shield tunneling machines, transportation systems, urban development, and security. The Industrial System and General-Purpose Machinery segment offers rotating machinery, logistics systems, materials handling equipment, parking systems, steel manufacturing equipment, industrial machinery, heat and surface treatment, papermaking machinery, vehicular turbochargers and compressors, construction machinery, and agricultural equipment. The Aero Engine, Space and Defense segment handles aircraft engines, rocket systems, space exploration, and defense systems. The Others segment includes inspection and measurement business as well as the manufacture and sale of related equipment. The company was founded on December 5, 1853 and is headquartered in Tokyo, Japan.

Financial Highlights

Mar 2022 JPYUSD
Revenue1,172.90B10,437.62M
Gross Profit194,974M1,735.06M
Operating income32,807M291.94M
Income before tax86,450M769.31M
Net income66,065M587.90M
EBITDA117,000M1,041.17M
Diluted EPS439.733.91
Dividends Per Share700.62
Total Assets1,879.67B15,486.49M
Total liabilities1,472.63B12,132.92M
Total equity382,134M3,148.37M
Operating cash flow114,155M1,015.86M
Currency in JPYCurrency in USD

Historical Data

 Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022
Revenue 1,590.33B 1,483.44B 1,263.17B 1,112.90B 1,172.90B
Gross Profit 266,373M 271,049M 217,195M 166,638M 194,974M
Operating income 72,267M 82,488M 44,489M 15,749M 32,807M
Income before tax 18,984M 69,446M 41,485M 29,550M 86,450M
Net income 8,291M 39,889M 8,204M 13,093M 66,065M
EBITDA 139,578M 147,022M 121,750M 95,934M 117,000M
Diluted EPS 53.67 258.36 53.91 88.13 439.73
Dividends Per Share 60 70 50 0 70
Total Assets 1,633.48B 1,664.52B 1,869.03B 1,832.89B 1,879.67B
Total liabilities 1,283.27B 1,282.83B 1,562.99B 1,505.16B 1,472.63B
Total equity 325,393M 349,839M 280,178M 300,769M 382,134M
Operating cash flow 99,018M 46,402M 42,484M 36,380M 114,155M
 Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022
Revenue 14,348.98M 13,377.03M 11,618.01M 10,493.42M 10,437.62M
Gross Profit 2,403.38M 2,444.20M 1,997.64M 1,571.20M 1,735.06M
Operating income 652.03M 743.84M 409.18M 148.49M 291.94M
Income before tax 171.28M 626.23M 381.55M 278.62M 769.31M
Net income 74.80M 359.70M 75.45M 123.45M 587.90M
EBITDA 1,259.36M 1,325.78M 1,119.78M 904.54M 1,041.17M
Diluted EPS 0.48 2.32 0.49 0.83 3.91
Dividends Per Share 0.54 0.63 0.45 0 0.62
Total Assets 15,359.54M 15,038.43M 17,313.12M 16,587.24M 15,486.49M
Total liabilities 12,066.48M 11,589.98M 14,478.23M 13,621.39M 12,132.92M
Total equity 3,059.64M 3,160.67M 2,595.32M 2,721.89M 3,148.37M
Operating cash flow 893.40M 418.43M 390.74M 343.02M 1,015.86M

Valuation Measures

Mar 2022
PER6.70
ROA3.55%
ROE19.34%
Operating margin2.79%
Profit margin5.63%

Key executives

  • President, CEO & Representative Director: Tsugio Mitsuoka
  • Director, General Manager-Technology & Development: Kouichi Murakami
  • Representative Director & Executive Vice President: Hiroyuki Otani
  • Representative Director & Executive Vice President: Takeshi Yamada
  • Director & Managing Executive Officer: Nobuko Mizumoto

Shareholders

  • Nomura Asset Management Co., Ltd. (5.9%)
  • Dai-ichi Life Holdings, Inc. (3.4%)
  • Sumitomo Mitsui Trust Asset Management Co., Ltd. (3.0%)
  • Mizuho Bank Pension Fund (2.9%)
  • Nikko Asset Management Co., Ltd. (2.9%)
  • The Vanguard Group, Inc. (2.0%)
  • Daiwa Asset Management Co. Ltd. (1.9%)
  • IHI Corp. (1.8%)
  • Rheos Capital Works, Inc. (Investment Management) (1.7%)
  • Ishikawajima Harima Heavy Ind Business Association (1.7%)

Contact Details

  • Website:http://www.ihi.co.jp
  • Address: Toyosu IHI Building, 3-1-1 Toyosu, Tokyo, 135-8710, Japan
  • Phone: +81.3.6204.7800

Related Companies

  • IHI Technical Training Institution
  • IHI Logistics & Machinery Corp.
  • IHI (shanghai) Management Co., Ltd.
  • IHI Americas, Inc.
  • IHI Transport Machinery Taiwan Corp.
  • IHI DALGAKIRAN Makina Sanayi ve Ticaret AS
  • IHI Asia Pacific Pte Ltd.
  • Indigo Topco Ltd.
  • Ihi Employee Stock Ownership Plan
  • IHI Energy Storage, Inc.
  • IHI Corp. /Aichi LNG Assets/
  • IHI Corp Board Incentive Plan
  • Jim Technology Corp.
  • IHI VTN GmbH
  • IHI Construction Service Co., Ltd.
  • IHI Magyarorszag Zrt
  • Electrical & Mechanical Construction Co.
  • IHI Corp. Pension Fund
  • IHI Machine Tech Asia Co. Ltd.
  • IHI Asia Pacific (Thailand) Co. Ltd.
  • IUK (Hong Kong) Ltd.
  • IHI do Brasil Representacoes Ltda.
  • Contratistas IHI E&C Mexico SA de CV
  • IHI Transport Engineering Malaysia Sdn. Bhd.
  • PT Cilegon Fabricators
  • Shanghai Star Modern Agriculture Equipment Co. Ltd.
  • IHI System Technology Taiwan Co. Ltd.
  • IHI Aero Engines US Co. Ltd.
  • IHI Infrastructure Europe SRL
  • Wuxi IHI Turbo Co. Ltd.

Competitors

  • Moog Inc. Class A
  • Gaztransport & Technigaz SA
  • Aerojet Rocketdyne Holdings, Inc.
  • Cargotec Oyj Class B
Last Updated on 30 Jun, 2022

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more