Worth reading
69In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Deterioration
Direction inferred from the company’s description.Scale
14
Contracts (out of 438 reviewed)Wording
Avoiding a definitive answer
How definitive the wording is.Decision and Details
National Research and Development Agency, Japan Aerospace Exploration Agency (JAXA)Suspension of competitive bidding eligibility imposed on IHI Aerospace Co., Ltd.
Decision2 June 2026
Period Covered5 months
ImplementationImplemented for 5 months from 2 June 2026 (already imposed)
Going forwardThe company will fully cooperate with JAXA's investigation, identify the root causes, and implement measures to prevent recurrence and other measures. If an impact on financial results is expected, it will be disclosed promptly.
Quantity / scale14 of the 438 contracts reviewed (13 contracts for maintenance of equipment and facilities, and 1 contract for procuring parts)
Reason
The company submitted reports stating that work required under the contracts had been completed, despite some of that work remaining unfinished, and billed costs based on those reports.
Impact on Business Performance
Currently under review. If an impact is expected, it will be disclosed promptly. The company has determined that there is no impact on product quality.
| Item | Details |
|---|---|
| Matter Covered | Suspension of competitive bidding eligibility imposed on IHI Aerospace Co., Ltd. |
| Decision-Making Body | National Research and Development Agency, Japan Aerospace Exploration Agency (JAXA) |
| Decision Date | 2 June 2026 |
| Implementation Date | Implemented for 5 months from 2 June 2026 (already imposed) |
| Period Covered | 5 months |
| Quantity / scale | 14 of the 438 contracts reviewed (13 contracts for maintenance of equipment and facilities, and 1 contract for procuring parts) |
| Impact on Business Performance | Currently under review. If an impact is expected, it will be disclosed promptly. The company has determined that there is no impact on product quality. |
| Reason | The company submitted reports stating that work required under the contracts had been completed, despite some of that work remaining unfinished, and billed costs based on those reports. |
| Future plans | The company will fully cooperate with JAXA's investigation, identify the root causes, and implement measures to prevent recurrence and other measures. If an impact on financial results is expected, it will be disclosed promptly. |
Items this document does not state (3)
AmountGoverning RuleRelated previous disclosures
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.The company submitted reports stating that incomplete work had been completed and billed costs based on those reports.
How to read this page
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