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IHI Corporation Finalizes Transfer of Materials Handling Business

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IHI Corporation Finalizes Transfer of Materials Handling Business

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IHI ( (JP:7013) ) just unveiled an announcement.

IHI Corporation has completed the transfer of its Materials Handling System Business from its subsidiary, IHI Transport Machinery Co., Ltd., to a newly established company, which was then sold to Tadano Ltd. This transaction, finalized on July 1, 2025, is expected to generate significant financial gains for IHI, including approximately 16.0 billion yen in other income and 14.0 billion yen in extraordinary income in their financial statements for the fiscal year ending March 31, 2026.

The most recent analyst rating on (JP:7013) stock is a Buy with a Yen13800.00 price target. To see the full list of analyst forecasts on IHI stock, see the JP:7013 Stock Forecast page.

More about IHI

IHI Corporation operates in the industrial sector, focusing on the development and production of machinery and equipment. It provides a wide range of products and services, including transport machinery, and has a market focus on industrial and infrastructure solutions.

Average Trading Volume: 5,443,869

Technical Sentiment Signal: Buy

Current Market Cap: Yen2596.9B

For an in-depth examination of 7013 stock, go to TipRanks’ Overview page.

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