Medium - term management plan
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IHI Corporation (IHICY) Q3 2026 Earnings Call Prepared Remarks Transcript
Seeking Alpha· 2026-02-16 22:27
Financial Performance - Orders reached JPY 1,364.8 billion, marking a record high for Q3, driven by increasing demand in the nuclear energy sector and other areas [2] - Revenue decreased to JPY 1,129.3 billion compared to the previous fiscal year, attributed to the completion of large projects and business divestitures, including material handling systems [2] - Operating profit remained stable at JPY 102.5 billion, consistent with the previous year's record high despite the decline in revenue [2] - Profit attributable to owners of the parent reached a record high due to improvements in equity method investment income, including contributions from Japan Marine United and others [2] Future Outlook - The company is revising its order forecast upward by JPY 90 billion, anticipating continued demand growth in the nuclear energy and other sectors [3] - This fiscal year marks the final year of the medium-term management plan, with expectations to achieve record highs in orders, revenue, operating profit, and profit attributable to owners of the parent [3] - The company aims to complete structural reforms this year to prepare for the next fiscal year [3]