Notice Regarding Transfer of Fixed Assets and Recognition of Transfer Gain

Overview of Fixed Asset Transfer

IHI Corporation has decided, based on the Group Management Policy 2023, to transfer its ownership interests in buildings and land located in Koto-ku, Tokyo, with the aim of improving capital efficiency and securing funds for investment in growth businesses. The transfer will be conducted in two phases in March 2026 and March 2027, with total transfer gains expected to be approximately 17.5 billion yen. The transferee is a domestic general business corporation and is not a related party.

Impact on Performance and Future Policy

In the consolidated financial statements for the fiscal year ending March 2026, special gains of approximately 8.7 billion yen and approximately 8.8 billion yen are expected to be recorded as gain on sale of fixed assets for the fiscal years ending March 2026 and March 2027, respectively. There is no change to the full-year consolidated earnings guidance for the fiscal year ending March 2026. Going forward, the company intends to proceed with planned asset sales to strengthen its financial base and improve capital efficiency.