TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
IHI ( (JP:7013) ) has issued an update.
IHI Corporation has announced the transfer of all shares of its subsidiary, Meisei Electric Co., Ltd., to Nohmi Bosai Ltd. This strategic move aims to leverage synergies between the companies to enhance the growth and competitiveness of Meisei in the expanding disaster prevention market. The transfer is expected to strengthen Meisei’s capabilities in developing next-generation disaster prevention systems and expanding its market reach, particularly overseas.
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, manufacture, and maintenance of equipment and software for meteorological observation, disaster prevention systems, space-related, and telecommunication industries. The company is known for its significant market share in disaster prevention systems, including meteorological measuring instruments and seismic observation systems.
Average Trading Volume: 5,443,869
Technical Sentiment Signal: Buy
Current Market Cap: Yen2596.9B
Learn more about 7013 stock on TipRanks’ Stock Analysis page.