IHI Corporation ( (IHICF) ) has released its Q1 earnings. Here is a breakdown of the information IHI Corporation presented to its investors.
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IHI Corporation, a prominent player in the industrial sector, is known for its diverse operations spanning aero engines, space, defense, and industrial machinery. The company is listed on the Tokyo Stock Exchange and is recognized for its strategic focus on growth and development in various high-demand sectors.
In its latest earnings report for the quarter ending June 30, 2025, IHI Corporation reported a decline in revenue and profits compared to the same period last year. Despite a 29.1% increase in orders received, revenue decreased by 3.0% to ¥337.7 billion, and profit attributable to owners of the parent fell by 37.6% to ¥11.6 billion. The company attributed these declines to yen appreciation and increased SG&A expenses.
Key financial metrics showed a decrease in operating profit by 12.3% to ¥20.8 billion and a significant drop in profit before tax by 36.2% to ¥20.2 billion. The company also announced a strategic move to conduct a 7-for-1 stock split, aimed at making its shares more accessible to investors. Additionally, IHI completed the transfer of its Materials Handling System Business, expecting a gain of approximately ¥16.0 billion.
Looking ahead, IHI Corporation remains committed to enhancing its production capacity and expanding its presence in the aero engines, defense, and space sectors. The company is also focusing on clean energy initiatives to support carbon neutrality goals. Despite the current economic uncertainties, IHI aims to achieve sustainable growth by strategically reallocating resources to high-potential business areas.