Fiscal Year 2025 (FY Ending March 2026) Financial Results Briefing: “Medium- to Long-Term Direction” and “Business Overview – Roadmap Toward Medium to Long Term”

Medium- to Long-Term Direction

Following business portfolio reforms after the COVID-19 shock, IHI will transition to a stage of sustainable high growth from FY2026. Toward 2040, to support safety, security, and prosperous living worldwide, the company will tackle critical issues at industrial and national levels and clarify its value creation processes. Centered on three business domains—Aerospace, Energy, and Infrastructure—IHI will strengthen its technology and human resource strategies to enhance competitiveness in global markets.

Business Overview and Roadmap

Over the next three years (FY2026–28), IHI will focus on proactive investments and strengthening its financial base, targeting an operating profit margin of 10–13%, cumulative operating cash flow of ¥350 billion, and cumulative investments of ¥650 billion. Between FY2029–31, the company aims to achieve an operating profit margin above 13% and cumulative operating cash flow exceeding ¥700 billion, enhancing shareholder returns through expanded operating cash flow. For FY2032–34, the targets are an operating profit margin exceeding 15% and cumulative operating cash flow over ¥1 trillion, realizing sustainable growth and improved cash generation capabilities.