IHI Integrated Report
The IHI Group is moving into a new stage of growth toward 2040.
Here, the IHI Group presents its desired state and the growth strategy for achieving it.
Latest year
IHI Integrated Report 2026
(Issued October 30, 2026)
Questionnaire
To help us make future Integrated Reports clearer and easier to use, we welcome your feedback.
To Our Readers: Message from the Editorial Team
How did you find IHI Compass (IHI Integrated Report)?
Here, the editorial team would like to share the thinking behind the significant changes we have made to both the content of the report and the way it is presented.
In 2026, the IHI Group announced its “Medium-to-Longer-Term Direction (Polar Star)”. The Medium-to-Longer-Term Direction sets out the IHI Group’s desired state in 2040 and how the Group intends to create value and achieve growth toward realizing it. In communicating this direction through IHI Integrated Report 2026, we took a fresh look at who we wanted to reach, what we wanted to communicate, and how we should communicate it.
Our Integrated Report has traditionally played a role in communicating the IHI Group’s management targets, performance, and initiatives for value creation, primarily to investors. While retaining this role, we also wanted the report to communicate effectively to people in a variety of positions, including employees who will put the Medium-to-Longer-Term Direction into practice through their businesses and workplaces, as well as clients, business partners, students, and job seekers.
With this in mind, we placed particular emphasis on explaining in everyday language why the IHI Group is pursuing this direction, what the Group intends to change to realize it, and what kind of value the Group aims to create, while avoiding technical terms and expressions commonly used in integrated reporting wherever possible. We also substantially revised how information is presented, including the use of diagrams to illustrate concepts and connections between information that can be difficult to convey through text alone.
We structured the content around the Medium-to-Longer-Term Direction, enabling readers to understand, as a coherent narrative, the IHI Group’s desired state and the strategies and initiatives for achieving it.
Detailed financial information, sustainability data, and other information are provided through the respective disclosure media dedicated to these areas. By making the website the primary medium for this report, we have structured it to make related information easier to access. Going forward, we will further clarify the connections with information provided through other media, including financial results, sustainability information, and business and product information.
We named the Integrated Report “IHI Compass” to reflect its role in showing where the IHI Group stands today and the direction in which the Group is heading. The name expresses our hope that IHI Compass will serve as a compass that helps us chart our course toward the future envisioned in the Medium-to-Longer-Term Direction (Polar Star), while also helping our stakeholders understand the IHI Group’s current position and where the Group is going.
To help us achieve this, we welcome your candid feedback on how we disclose information. We will use your feedback to improve our integrated reporting and information disclosure going forward. We will also continue engaging in dialogue with our stakeholders through the Integrated Report and use the insights gained to inform our management and initiatives.
October 30, 2026
IHI Integrated Report Editorial Team
Editorial Policy
- Publication Date
- October 2026
- Scope
- IHI Corporation and its major Group companies
- Reporting Period
- This report covers fiscal 2025, which began on April 1, 2025 and ended on March 31, 2026. However, information prior to and after this period may also be included.
- Disclaimer on Forward-looking Statements
- “IHI Compass (IHI Integrated Report)” contains not only past and present facts regarding the IHI Group, but also plans and forecasts as of the report’s date of issue and future projections based on management plans and policies. These future projections are based on assumptions and judgments made in light of information available at the time they were made, and changes in conditions could cause the results of future business activities or events to differ materially from those projected. We appreciate our readers’ understanding of these points.