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IHI ( (JP:7013) ) has provided an announcement.
IHI Corporation has agreed to transfer 80% of the shares of its consolidated subsidiary IHI Logistics & Machinery to Toyota Industries Corporation, with the deal approved by its board and the share transfer scheduled for April 1, 2027. IHI will retain the remaining 20% stake for about five years before selling it, ensuring a transitional period during which it will support continuity of operations as the logistics business is integrated into Toyota Industries’ global logistics solutions platform.
The move is driven by rapid changes and intensifying competition in the logistics solutions market, where clients demand more sophisticated automation and labor‑saving systems amid workforce and geopolitical pressures. By combining IHI Logistics & Machinery’s comprehensive logistics engineering capabilities with Toyota Industries’ global scale and automation technologies, the transaction is expected to strengthen the subsidiary’s competitiveness, support its sustainable growth, and potentially enhance value for both companies and their customers.
The most recent analyst rating on (JP:7013) stock is a Hold with a Yen4200.00 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 is a Japanese industrial conglomerate engaged in engineering, manufacturing, and maintenance across sectors such as logistics, machinery, and industrial systems. Through its subsidiary IHI Logistics & Machinery, the group provides integrated hardware and software solutions for logistics centers, distribution facilities, and warehouses, focusing on materials handling and factory automation equipment.
Average Trading Volume: 19,537,434
Technical Sentiment Signal: Buy
Current Market Cap: Yen3108.5B
For an in-depth examination of 7013 stock, go to TipRanks’ Overview page.