kabutan

IHI, 2% Increase in Net Income, Update Record High for Third Consecutive Term, Dividend Effectively Increased

Fri May 8, 2026 1:00 pm JST Earnings

7013 IHI Corporation 【IFRS】

Earnings Report

IHI Corporation <7013> [TSE Prime] announced its financial results (based on IFRS) in the afternoon session on May 8th (13:00). The consolidated net income for the fiscal year ended March 2026 expanded to 42.8% from the previous period to 160 billion yen, exceeding the previous forecast of 125 billion yen. For the fiscal year ending March 2027, the consolidated net income is expected to grow by 2.5% to 165 billion yen, marking the third consecutive term of record-high profits. This will be the third consecutive term of revenue growth.

At the same time, the annual dividend for this fiscal year is 23 yen, taking into account the previous year's forward stock split, this dividend represents an actual increase of 15.0%.

In the most recent three-month period, from January to March (4Q), the consolidated net income surged 2.1 times that of the same period last year, reaching 75.9 billion yen. The operating profit margin significantly improved from 8.4% in the same period last year to 12.3%.

Kabutan News

Actual Results

Historical Performance
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2024 1,322,591 -70,138 -72,280 -68,214 -64.4 14.29 May 8, 2024 IFRS
Mar, 2025 1,626,831 143,517 138,488 112,740 106.4 17.14 May 8, 2025 IFRS
Mar, 2026 1,643,402 165,534 185,490 160,992 151.9 20 May 8, 2026 IFRS
YoY +1.0% +15.3% +33.9% +42.8% +42.7%

Full Year Results vs. Previous Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2026 Guidance 1,640,000 160,000 145,000 125,000 117.9 20 Nov 6, 2025 IFRS
Mar, 2026 Results 1,643,402 165,534 185,490 160,992 151.9 20 May 8, 2026 IFRS
Revision Rate +0.2% +3.5% +27.9% +28.8% +28.8%

Current Period Guidance

H1 Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Apr - Sep, 2025 713,651 69,449 74,709 55,912 52.8 10 Nov 6, 2025 IFRS
Apr - Sep, 2026 Guidance ー ー ー ー － 11.50 May 8, 2026 IFRS
YoY － － － － －

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2025 1,626,831 143,517 138,488 112,740 106.4 17.14 May 8, 2025 IFRS
Mar, 2026 1,643,402 165,534 185,490 160,992 151.9 20 May 8, 2026 IFRS
Mar, 2027 Guidance 1,830,000 240,000 230,000 165,000 155.6 23 May 8, 2026 IFRS
YoY +11.4% +45.0% +24.0% +2.5% +2.5%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jan - Mar, 2025 476,841 40,054 23,872 35,950 33.9 8.4 May 8, 2025 IFRS
Apr - Jun, 2025 337,791 20,889 20,225 11,601 11.0 6.2 Aug 6, 2025 IFRS
Jul - Sep, 2025 375,860 48,560 54,484 44,311 41.8 12.9 Nov 6, 2025 IFRS
Oct - Dec, 2025 415,688 33,087 44,265 29,102 27.5 8.0 Feb 10, 2026 IFRS
Jan - Mar, 2026 514,063 62,998 66,516 75,978 71.7 12.3 May 8, 2026 IFRS
YoY +7.8% +57.3% +178.6% +111.3% +111.3%

Related Articles