IHI Corporation was quoted in the ¥2,800 range on the after-hours PTS market. In its latest results, sales for the first quarter of the fiscal year ending March 2027 rose 10.9% year on year to ¥374.5 billion, while operating profit increased 250.5% to ¥73.2 billion, with a gain on the transfer of real estate contributing to earnings.
IHI Corporation's after-hours PTS transaction price was in the ¥2,800 range (¥2,800, up ¥3), a slight increase from the TSE closing price. The previous day's closing price was ¥2,809, with an opening price of ¥2,800, a high of ¥2,822, a low of ¥2,772.5, trading volume of approximately 7.524 million shares, and trading value of approximately ¥21.067 billion.
According to the earnings report for the first quarter of the fiscal year ending March 2027, sales rose 10.9% year on year to ¥374.5 billion, while operating profit increased 250.5% to ¥73.2 billion. A gain of approximately ¥40 billion on the transfer of real estate contributed to earnings. Growth in the aircraft engine and nuclear power businesses also boosted results, and the full-year forecast was revised upward.
As future earnings checkpoints, the company identified expansion in aircraft engine maintenance and parts sales, as well as rising demand for defense and nuclear power, and stated that it plans to pursue growth investments. It also pointed to risk factors including the risk of fewer order opportunities, increased funding burdens resulting from higher inventories, and changes in borrowing terms.
The company signed an agreement to transfer ILM to Toyota Industries Corporation and is expected to improve capital efficiency by concentrating resources on growth areas, while proceeding with the recovery of funds through real estate sales. The transfer of part of the real estate in Koto-ku, Tokyo, has also been completed, and securing funds may contribute to stabilizing the financial base.