View source for Company:IHI Corporation

{{Short description|Manufacturing company in Japan}}
{{Infobox company
| image = Toyosu IHI Building, at Toyosu, Koto, Tokyo (2019-01-01) 03.jpg
| name = IHI Corporation
| logo = IHI logo.svg
| logo_size = 150px
| native_name = 株式会社IHI
| type = [[Finance:Public company|Public]] KK
| traded_as = {{tyo|7013}}
| foundation = {{Start date and age|1853|12|05|df=y}}
| location = Toyosu IHI Building, [[Place:Tokyo|Tokyo]], {{wipe|Japan}}
| key_people = {{ubl|{{ill|Tsugio Mitsuoka|jp|満岡次郎}} (chairman)|{{ill|Hiroshi Ide|jp|井手博}}{{wbr}}&nbsp;(president and CEO)}}
| industry = [[Engineering:Heavy equipment|Heavy equipment]]
| products = Space development<br />[[Engineering:Jet engine|Jet engine]]s<br />Diesel engines<br />[[Engineering:Gas engine|Gas engine]]s<br />Industrial machinery<br />Bridge & steel structures<br />Energy systems<br />etc
| revenue = {{loss}}[[Finance:Japanese yen|¥]]1486.33 billion (2016)<ref name=FY>[https://www.ihi.co.jp/var/ezwebin_site/storage/original/application/c11f77ca39fbf5e6a5c58047baf38003.pdf CONSOLIDATED FINANCIAL REPORT FOR THE FISCAL YEAR ENDED MARCH 31, 2017] ''www.ihi.co.jp'' accessed 30 May 2021</ref>
| operating_income = {{profit}}¥47.39 billion (2016)<ref name=FY/>
| net_income = {{profit}}¥5.25 billion (2016)<ref name=FY/>
| assets = {{loss}}¥1692.83 billion (2016)<ref name=FY/>
| equity = {{profit}}¥309.99 billion (2016)<ref name=FY/>
| num_employees = 26,618 (2013)
| owner = DKB Group
| parent = Dai-ichi Life (3.49%)
| homepage = {{URL|https://www.ihi.co.jp/en/|ihi.co.jp}}
}}

{{Nihongo|'''IHI Corporation'''|株式会社IHI|Kabushiki-gaisha IHI}}, formerly known as {{Nihongo|'''Ishikawajima-Harima Heavy Industries Co., Ltd.'''|石川島播磨重工業株式会社|Ishikawajima Harima Jūkōgyō Kabushiki-gaisha}} is a Japanese engineering corporation headquartered in [[Place:Tokyo|Tokyo]], {{wipe|Japan}} that produces and offers ships, [[Engineering:Launch vehicle|space launch vehicles]], [[Engineering:Aircraft engine|aircraft engine]]s, [[Engineering:Marine propulsion|marine]] diesel engines, gas turbines, [[Engineering:Gas engine|gas engine]]s, railway systems, [[Engineering:Turbocharger|turbocharger]]s for [[Engineering:Car|automobiles]], plant engineering, industrial machinery, [[Chemistry:Power station|power station]] boilers and other facilities, suspension bridges and other structures.<ref>{{Cite web|author=I. H. Corporation|title=Products｜IHI Corporation|url=https://www.ihi.co.jp/en/products/index.html|access-date=2020-07-29|website=IHI Corporation|language=en}}</ref>

IHI is listed on the Tokyo Stock Exchange Section 1.

== History ==
* 1853 – establishment of Ishikawajima Shipyard by Mito Domain under the order from Edo Shogunate, who faced Perry Expedition and the subsequent pressure to compete with Great Powers, in Ishikawajima, Chuo district of Tokyo.
* 1854 - 1856: construction of the [[Engineering:Japanese warship Asahi Maru|Japanese warship Asahi Maru]] at Ishikawajima shipyard.
* 1889 – incorporation of Ishikawajima Shipyard as Ishikawajima Shipbuilding & Engineering Co., Ltd.
* 1907 – establishment of Harima Dock Co., Ltd.
* 1929 – spinoff of Harima's automobile section as Ishikawajima Automotive Works (later [[Company:Isuzu|Isuzu]] through a series of mergers)
* 1960 – establishment of '''Ishikawajima-Harima Heavy Industries Co., Ltd.''' through a merger of Ishikawajima and Harima
* 1995 – IHI and Sumitomo Heavy Industries merged a warship business and established Marine United Ltd. The Uraga Dock Company was the origin in the shipbuilding of Sumitomo Heavy Industries. It was made by Enomoto Takeaki. However, Sumitomo Heavy Industries moved Uraga Dock to Yokosuka in 2003. IHI moved a shipbuilding section to Marine United in 2002 and changed its name to '''IHI Marine United Ltd'''. IHI Marine United became the subsidiary of IHI in 2006.
* 2000 – purchased Nissan Motor’s Aerospace and Defense Divisions and established '''IHI Aerospace Co., Ltd.'''
* 2007 – name changed to IHI Corporation.
* 2008 – [https://www.hauzertechnocoating.com/en/ Hauzer Techno Coating] joins IHI Corporation as [[Physics:Physical vapor deposition|PVD coating]] machine manufacturer 
* 2012 – IHI Corporation acquires [https://www.ionbond.com/ Ionbond], provider of innovative coating services 
* 2013 – established Japan Marine United Corporation, merging its ship building unit, Marine United Inc., with Universal Shipbuilding Corp. of [[Company:JFE Holdings|JFE Holdings]] after discussion started in April 2008<ref>{{cite web |url=https://www.bloomberg.com/news/2012-01-30/jfe-ihi-to-merge-shipbuilding-units-to-survive-competition-1-.html |title=JFE, IHI to Merge Shipbuilding Units to Survive Competition |first=Masumi |last=Suga |date=20 January 2012|publisher=Bloomberg}}</ref>
* 2016 – sold all shares of wholly owned IHI Construction Machinery Limited to Kato Works Company Limited.<ref>{{cite web | url=https://www.ihi.co.jp/en/all_news/2016/industrial_general_machine/2016-10-25/index.html | title=IHI Agrees to Transfer IHI Construction Machinery Shares to Kato Works｜Industrial Systems and General-purpose Machinery｜2016FY｜News｜IHI Corporation }}</ref>
* 2018 – IHI halts manufacturing nuclear reactor parts to focus on aircraft parts,<ref>[https://asia.nikkei.com/Editor-s-Picks/Japan-Update/IHI-to-shift-output-from-reactor-components-to-plane-parts IHI-to-shift-output-from-reactor-components-to-plane-parts]</ref> leaving Japan Steel Works as the sole Japanese supplier of reactor parts.

==Businesses==

===Energy and resources===
* Energy systems<ref>{{cite web|url=http://www.ihi.co.jp/en/products/energy_systems/index.html|title=Energy Systems|publisher=IHI|access-date=2015-04-11|url-status=dead|archive-url=https://web.archive.org/web/20150515113344/http://www.ihi.co.jp/en/products/energy_systems/index.html|archive-date=2015-05-15}}</ref>
* Process plants<ref>{{cite web|url=http://www.ihi.co.jp/en/products/storage_pharmaceutical_processplants/index.html|title=Storage Plants & Process Plants & Pharmaceutical Plants|publisher=IHI|access-date=2015-04-11}}</ref>
* Energy storage<ref>{{cite web|url=http://www.ihi-energystorage.com|title=Energy Storage |publisher=IHI|access-date=2016-03-01}}</ref>

===Gas turbines===
* LM2500<ref>[http://www.ihi.co.jp/en/products/resources_energy_environment/gas_turbine/ gas_turbine] ''www.ihi.co.jp''</ref>
* LM6000

===Aircraft engines===
IHI develops, manufactures, and maintains [[Engineering:Aircraft engine|aero engines]], either by joint projects of which partners include GE Aviation, Pratt & Whitney, and [[Company:Rolls-Royce Holdings|Rolls-Royce Holdings]], or the company itself.<ref>[https://www.ihi.co.jp/en/products/aeroengine_space_defense/aircraft_engines/ aircraft_engines] ''www.ihi.co.jp''</ref>

==== In-house development ====
*Ishikawajima Ne-20
*Ishikawajima-Harima J3
*[[Engineering:Ishikawajima-Harima F3|Ishikawajima-Harima F3]]
*Ishikawajima-Harima XF5
*[[Engineering:IHI Corporation F7|IHI Corporation F7]], F7-10
* [[Engineering:IHI Corporation XF9|IHI Corporation XF9]]

==== Joint development ====

* [[Engineering:IAE V2500|IAE V2500]]
* [[Engineering:General Electric GEnx|General Electric GEnx]]
* [[Engineering:General Electric GE90|General Electric GE90]]<ref>{{Cite web|title=GE Adds Revenue-Sharing Participants for the New GEnx Jet Engine {{!}} GE Aviation|url=https://www.geaviation.com/press-release/genx-engine-family/ge-adds-revenue-sharing-participants-new-genx-jet-engine|access-date=2020-07-29|website=www.geaviation.com}}</ref>
* [[Engineering:General Electric CF34|General Electric CF34]]
* Pratt & Whitney PW1100G-JM

==== Licensed production ====

* General Electric T700
* [[Engineering:General Electric F110|General Electric F110]]

==== Parts manufacturing ====

* [[Engineering:Rolls-Royce Trent|Rolls-Royce Trent]]

===Space products===
* S-type Sounding Rocket (S-210, S-310, S-520, SS-520)
* [[Engineering:M-V|M-V Launch Vehicle]]
* [[Engineering:GX (rocket)|GX Launch Vehicle]] (Partner in Galaxy Express Corporation)
* [[Engineering:Epsilon (rocket)|Epsilon Launch Vehicle]]
* SRB-A solid rocket booster for [[Engineering:H-IIA|H-IIA]]/[[Engineering:H-IIB|H-IIB]] Launch Vehicle
* BT-4 liquid-fuelled apogee motor (used in the [[Engineering:Cygnus (spacecraft)|Cygnus]] vehicle which are launched on [[Engineering:Atlas V|Atlas V]] and [[Engineering:Antares (rocket)|Antares]] rockets)

===Ships===
Shipbuilding was the founding activity of Ishikawajima in 1853.  It remains part of IHI's business activities, although it has been diluted through several mergers with other Japanese shipbuilding companies.<ref>[https://www.ihi.co.jp/en/company/history/index.html company/history/index] ''www.ihi.co.jp''</ref>

In 1960, Ishikawajima Heavy Industries merged with Harima Shipbuilding & Engineering Company to establish the Ishikawajima-Harima Heavy Industries (IHI).
In 1995, Marine United was established jointly with Sumitomo Heavy Industries.  
In 2013, IHI Marine United was merged with Universal Shipbuilding Corporation owned by the steel company [[Company:JFE Holdings|JFE Holdings]] in order to newly establish a larger firm, Japan Marine United Corporation (JMU), of which IHI remained a shareholder.

In March 2020, Japan Marine United (with 49% of shares) agreed to merge with Imabari Shipbuilding (with 51% of shares) into a joint venture named Nihon Shipyard (NSY), covering all ship types except [[Chemistry:Liquefied natural gas|Liquefied natural gas]] (LNG) tankers.<ref>[http://www.jmuc.co.jp/press/docs/IS_Agreement_20200327_en.pdf Announcement of the conclusion of Agreement regarding Capital and Business Alliance and Establishment of Joint Venture Company] ''www.jmuc.co.jp''</ref> This agreement became effective in January 2021.
In parallel with the creation of Nihon Shipyard, Imabari Shipbuilding bought 30% of JMU's shares, while IHI and [[Company:JFE Holdings|JFE Holdings]] each kept 35% of JMU's capital. 
The merger between these two Japanese companies resulted in Nihon Shipyard becoming one of the largest marine-engineering and shipbuilding companies in the world, of which IHI remains a shareholder.

====IHI Marine United Tokyo shipyard====
Ships built at Tokyo:
* {{ship|JDS|Murasame|DD-101|3}}, ''Murasame''-class destroyer
* {{ship|JDS|Samidare|DD-106|3}}, ''Murasame'' class
* {{ship|JDS|Akebono|DD-108|3}}, ''Murasame'' class
* {{ship|JDS|Hiei|DDH-142|3}}, ''Haruna''-class destroyer
* {{ship|JDS|Tokiwa|AOE-423|3}}, ''Towada''-class replenishment ship
* {{ship|JDS|Asagiri|DD-151|3}}, ''Asagiri''-class destroyer
* {{ship|JDS|Amagiri|DD-154|3}}, ''Asagiri'' class
* {{ship|JDS|Umigiri|DD-158|3}}, ''Asagiri'' class
* {{ship|JDS|Sawayuki|DD-125|3}}, ''Hatsuyuki''-class destroyer
* {{ship|JDS|Isoyuki|DD-127|3}}, ''Hatsuyuki'' class
* {{ship|JDS|Matsuyuki|DD-130|3}}, ''Hatsuyuki'' class
* {{JDS|Shirane|DDH-143|3}}, ''Shirane''-class destroyer
* {{JDS|Kurama|DDH-144|3}}, ''Shirane'' class
* {{JS|Chōkai|DDG-176|3}}, Kongō-class destroyer

====IHI Marine United Yokohama shipyard====
Ships built at Yokohama:
* {{ship|JS|Makinami|DD-112|3}}, ''Takanami''-class destroyer 
* {{ship|JS|Suzunami|DD-114|3}}, ''Takanami'' class
* {{ship|JS|Hyūga|DDH-181|3}}, ''Hyūga''-class helicopter destroyer
* {{ship|JS|Ise|DDH-182|3}}, ''Hyūga'' class
* {{ship|JS|Izumo|DDH-183|3}}, ''Izumo''-class helicopter destroyer
* {{ship|JS|Kaga|DDH-184|3}}, ''Izumo'' class

====IHI Marine United Uraga shipyard====
Ships built at Uraga:
* {{ship|JS|Takanami|DD-110|3}}, ''Takanami''-class destroyer
* {{ship|JDS|Yūdachi|DD-103|3}}, ''Murasame''-class destroyer
* {{ship|JDS|Tenryū|ATS-4203|3}}, a training support vessel
* {{ship|JDS|Asuka|ASE-6102|3}}, a test ship

====IHI Amtec shipyard====
Ships built at Aioi:
* {{ship|SSTH|Ocean Arrow}}, a civilian ship

===Steel structures===
IHI Infrastructure Systems Co., Ltd., an IHI company, designs and constructs steel frame structures, bridges, and watergates.<ref>{{cite web|title=IHI Infrastructure Systems Co., Ltd.|url=https://www.ocaji.or.jp/en/about/profiles.php?id=2|access-date=3 February 2020|publisher=ocaji.or.jp|archive-date=19 April 2021|archive-url=https://web.archive.org/web/20210419095551/https://www.ocaji.or.jp/en/about/profiles.php?id=2|url-status=dead}}</ref>

==== Bridges ====
*Akashi-Kaikyo Bridge (Hyogo, Japan)
*Tatara Bridge (Hiroshima, Japan)
*Tokyo Bay Aqua-Line (Tokyo and Chiba, Japan)
*Second Bosporus Bridge (Istanbul, Turkey)
*Binh Bridge ([[Place:Hanoi|Hanoi]], Vietnam)
*Carquinez Bridge ({{wipe|California}}, U.S.A)
* Strait of Messina Bridge (Messina, Italy, Design phase completed)
*Osman Gazi Bridge (Turkey)
*Auckland Harbour Bridge lane clip-on expansions (New Zealand)
*Braila Bridge (Braila, Romania, Underconstruction. To be completed in 2022)

==References==
{{Reflist}}

==External links==
*{{in lang|ja}} [http://www.ihi.co.jp/ Official site]
*{{in lang|en}} [http://www.ihi.co.jp/en/ English part of the official site]
*{{in lang|tr}} [http://www.ihih.net/ Turkish part of Official site]
*[http://www.ihi.co.jp/imc/ IHI Marin Co., Ltd.]
*[https://web.archive.org/web/20090226205720/http://www.ihi.co.jp/ihi/ir/fact/20080331-e.pdf IHI Fact Sheet 2008]


[[Category:Aerospace companies]]
[[Category:Marine engine manufacturers]]
[[Category:Gas engine manufacturers]]

{{Sourceattribution|IHI Corporation}}