Edition:
United States

IHI Corp (7013.T)

7013.T on Tokyo Stock Exchange

347JPY
24 Mar 2017
Change (% chg)

¥0 (+0.00%)
Prev Close
¥347
Open
¥346
Day's High
¥353
Day's Low
¥344
Volume
11,422,000
Avg. Vol
14,959,333
52-wk High
¥362
52-wk Low
¥191

Latest Key Developments (Source: Significant Developments)

R&I affirms Ihi 's rating to "BBB+" and changes outlook to stable from positive
Tuesday, 9 Feb 2016 01:00am EST 

Ihi Corp:Rating and Investment Information, Inc. (R&I) affirmed the company's rating at "BBB+".Rating outlook changed to stable from positive.  Full Article

Ihi lowers consolidated full-year outlook for FY 2016; cancels year-end dividend for FY 2016
Tuesday, 2 Feb 2016 01:30am EST 

Ihi Corp:Says the company lowered the consolidated full-year outlook for revenue to 1,550,000 million yen from 1,580,000 million yen for FY ending March 2016.Sees a decrease of operating profit forecast to 25,000 million yen from 50,000 million yen.Sees a decrease of ordinary profit forecast to 15,000 million yen from 38,000 million yen.Sees a decrease of net profit forecast to -30,000 million yen from 18,000 million yen.Sees a decrease of earnings per share to -19.43 yen from 11.66 yen.FY 2016 revenues of 1,584.66 billion yen, net income of 18.65 billion yen – Thomson Reuters I/B/E/S.Comments the decreased sales and increased costs are the main reasons for the forecast.Resolved to cancel the year-end dividend for FY ending March 2016.Latest dividend forecast was an 3 yen per share.  Full Article

Ihi lowers consolidated full-year profit outlook for FY 2016
Wednesday, 21 Oct 2015 02:30am EDT 

Ihi Corp:Says the company reaffirms the consolidated full-year outlook for revenue of 1,580,000 million yen, for the fiscal year ending March 31, 2016.Operating profit forecast increased to 50,000 mln yen from 75,000 mln yen.Ordinary profit forecast increased to 38,000 mln yen from 63,000 mln yen.Net profit forecast increased to 18,000 mln yen from 39,000 mln yen.Earnings per share increased to 11.66 yen from 25.27 yen.Comments profitability deteriorate in core business and increased cost are the main reasons for the forecast.  Full Article

Ihi Corp announces leadership changes
Tuesday, 13 Oct 2015 10:25am EDT 

Ihi Corp:Says Maureen Bisognano has decided to retire as IHI President and CEO at the end of the year.Says has appointed Derek Feeley, IHI's Executive Vice President, as Bisognano's successor, effective January 1, 2016.  Full Article

R&I affirmed Ihi Corp's rating at "BBB+" and outlook positive
Wednesday, 26 Aug 2015 02:00am EDT 

Ihi Corp:Rating and Investment Information, Inc. (R&I) affirmed the company's rating at "BBB+".Rating outlook positive.  Full Article

Ihi lowers consolidated mid-year and full-year outlook for FY 2016
Tuesday, 4 Aug 2015 01:00am EDT 

Ihi Corp:Says the company lowered the consolidated mid-year outlook for the FY ending March 2016.Revenue forecast of unchanged 700,000 million yen.Operating profit forecast decreased to 20,000 million yen from 32,000 million yen.Ordinary profit forecast decreased to 14,000 million yen from 23,000 million yen.Net profit that attributable to parent company shareholders forecast decreased to 6,000 million yen from 14,000 million yen.Earnings per share decreased to 3.89 yen from 9.07 yen.Says the company lowered the consolidated full-year outlook for the FY ending March 2016.Revenue forecast of unchanged 1,580,000 million yen.Operating profit forecast decreased to 75,000 million yen from 90,000 million yen.Ordinary profit forecast decreased to 63,000 million yen from 75,000 million yen.Net profit that attributable to parent company shareholders forecast decreased to 39,000 million yen from 49,000 million yen.Earnings per share decreased to 25.27 yen from 31.75 yen.FY 2015 revenues of 1,584.50 billion yen, net income of 51.73 billion yen – Thomson Reuters I/B/E/S.Comments that profitability deterioration of some construction contracts and construction process delay are the main reasons for the forecast.  Full Article

Ihi lowers consolidated full-year outlook for FY 2015
Tuesday, 28 Apr 2015 03:30am EDT 

Ihi Corp:Says the company lowered the consolidated full-year outlook for revenue to 1,455,000 million yen from 1,460,000 million yen for FY ended March 2015.Sees a decrease of operating profit forecast to 63,000 million yen from 70,000 million yen.Sees a decrease of ordinary profit forecast to 56,000 million yen from 62,000 million yen.Sees a decrease of net profit forecast to 9,000 million yen from 35,000 million yen.Sees a decrease of earnings per share to 5.83 yen from 22.68 yen.FY 2015 revenues of 1,462.87 billion yen, net income of 38.85 billion yen – Thomson Reuters I/B/E/S.Comments the profit deterioration of ocean business and costs on accident are the main reasons for the forecast.  Full Article

More From Around the Web

Photo

Toshiba to purchase IHI's stake in Westinghouse

TOKYO Toshiba Corp on Friday said it would buy 3 percent of U.S. nuclear power subsidiary Westinghouse Electric Co LLC from Japanese infrastructure firm IHI Corp for $157 million.