IHI Corporation (7013) Stock Price

IHI operates through four main business segments: Resources, Energy & Environment; Social Infrastructure; Industrial Systems & General Machinery; and Aerospace, Space & Defense. These segments support IHI's diverse range of products and services.

The Resources, Energy & Environment segment manufactures, sells, and services land-based power plants, marine engines, boilers, storage equipment, and nuclear equipment. Key affiliated companies include IHI Plant and IHI Prime Mover.

The Social Infrastructure segment handles bridges, water gates, transportation systems, shield systems, concrete building materials, and urban development projects. IHI Infrastructure System and IHI Infrastructure Construction are the primary affiliated companies.

The Industrial Systems & General Machinery segment provides vehicle turbochargers, parking systems, compressors, separation equipment, and logistics systems. IHI Transport Machinery and IHI Machinery Systems operate as affiliated companies.

The Aerospace, Space & Defense segment manufactures, sells, and services aircraft engines, rocket systems, and defense equipment systems. IHI Aerospace and IHI Aero Manufacturing are affiliated companies in this segment.

Other operations include manufacturing, sales, and service of communications equipment, electronic devices, electrical measurement instruments, and information processing equipment. IHI S-Cube and IHI Trading operate as affiliated companies.

IHI is advancing ESG management to realize a sustainable society. The company prioritizes contributing to social development through technology and building a corporate culture where diverse talent thrives. In particular, IHI is strengthening efforts to address climate change and aims to create a society where nature and technology coexist harmoniously.

IHI's medium-term management plan, "Group Management Policy 2023," outlines transformation to achieve sustained high growth. The company positions aerospace engines and rockets as growth businesses, pursuing sustainable expansion through defense business growth and space business advancement. Additionally, IHI designates the clean energy sector as a development business, focusing on building an ammonia value chain and developing new business models.

IHI maintains core businesses in resources, energy and environment; social infrastructure; and industrial systems and general machinery, aiming to generate stable cash flow. The company allocates resources to businesses with expected market growth and implements structural reforms in lower-profitability operations. This approach optimizes the business portfolio.

As part of ESG management, IHI is pursuing carbon neutrality. The company has committed to reducing greenhouse gas emissions across its entire value chain by 2050, implementing initiatives using both existing and new technologies. IHI also focuses on disaster prevention and mitigation, as well as improving quality of life.

IHI promotes the success of diverse talent and prioritizes diversity, equity, and inclusion. The company aims to build relationships where each employee understands corporate values and contributes to growth. IHI is establishing an environment where people with diverse backgrounds can succeed and expanding programs that provide broad perspectives and experience.