IHI Corporation
IHI Corporation (JPX: 7013) is trading at ¥2,692.50, about ₹1,643 at today's JPY/INR rate, as of 30 Sep 2026, 2:30 AM ET, up 0.69% today. Indian residents can buy IHI from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
¥2,643.00
Today's high
¥2,714.50
52 week low
¥2,245.00
52 week high
¥4,698.00
7013 opened at ¥2,705.00, closed previously at ¥2,674.00, and has traded between ¥2,245.00 and ¥4,698.00 over the past 52 weeks.
About
IHI Corporation, headquartered in Tokyo, Japan, is a diversified heavy industry manufacturer with global operations spanning several critical sectors. The company's business activities are broadly categorized into resources, energy, and environmental solutions; social infrastructure and offshore facilities; industrial systems and general-purpose machinery; and aerospace, space, and defense. In the energy and environmental sector, IHI focuses on carbon reduction technologies, manufactures gas and diesel engines for both terrestrial and marine applications (including high-speed vessels), and develops and constructs liquefied natural gas (LNG) receiving terminals and storage facilities, as well as equipment for various industrial plants. The company undertakes the construction of complex processing plants for natural gas liquefaction, oil refining, petrochemicals, and LPG. It is also active in the nuclear industry, developing fuel cycle systems and supplying essential components for boiling and pressurized water reactors. Its infrastructure endeavors include building bridges and steel structures, manufacturing water gates for rivers and dams, and providing concrete construction materials. IHI delivers advanced technological solutions such as 3D laser radar and X-ray inspection systems, environmental monitoring devices, disaster prevention equipment, oil leak detectors, and sophisticated vibration control and seismic isolation flooring systems. The company specializes in tunneling machinery, including shield tunneling machines and automated segment assembly systems, alongside comprehensive transportation solutions. Within its offshore facilities segment, IHI supplies LPG/LEG storage tanks, floating production, storage, and offloading (FPSO) units for LNG/LPG, and large-scale marine structures like semi-submersible rigs and mega-floats. Furthermore, the company engages in real estate activities, encompassing property leasing, sales, and residential development. A vast array of industrial machinery and equipment is also manufactured, including compressors, cryogenic solutions, logistics and materials handling systems, steelmaking equipment, marine machinery, vehicle turbochargers, various separators, lubrication systems, pulp and paper machinery, agricultural machinery, parking systems, boilers, and other essential life-support equipment. It extends its expertise to factory optimization, heat treatment, and surface engineering solutions. In the aerospace and defense domains, IHI provides aero engines, air traffic control systems, and comprehensive rocket and space exploration technologies. Established in 1853, the company was originally known as Ishikawajima-Harima Heavy Industries Co., Ltd., before rebranding as IHI Corporation in 2007.
Key statistics
Avg. volume
14.32M
Market cap
¥2.85T
P/E Ratio
14.07
Price-to-sales ratio
1.70
Enterprise value
¥3.66T
Free cash flow yield
0.89%
Debt-to-equity ratio
0.70
Return on equity
24.68%
ROIC
8.86%
Beta
0.88
Dividend yield
0.80%
Last dividend
¥20.00
Financial overview
Revenue
¥1.64T
Earnings per share
¥151.88
Free cash flow
¥29.59B
Net profit margin
12.08%
Gross margin
23.45%
EBITDA
¥281.37B
Revenue growth
1.02%
Similar securities
This is not an investment recommendation
How to buy IHI from India
Indian residents can buy IHI shares through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name with Interactive Brokers.
Open a Paasa account
Complete digital KYC with your PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds under LRS
Transfer INR from your Indian bank account. Your bank reports the remittance under the RBI's Liberalised Remittance Scheme and converts it to US dollars and then to JPY.
Search for IHI and place an order
Find IHI by name or by its ticker, 7013, and choose an order type. The Tokyo Stock Exchange typically trades in units of 100 shares. IHI trades 5:30 am – 12:00 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your IHI position in JPY and INR, and use Paasa's capital-gains and dividend statements when you file your Indian return.
Read the full guide: how to invest in IHI from India
Trading and taxes when buying IHI from India
Trading and limits
- Trading hours
- 9:00 am – 3:30 pm JST
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- Dividends
- Slab rateDividends are taxed at your slab rate in India. Japan withholds a preferential 10% on dividends for Indian residents under the India–Japan DTAA rather than the higher domestic rate, and the tax withheld can be claimed as a foreign tax credit in India. IHI’s current yield is 0.80%.Dividend tax explained
- Estate or inheritance tax
- May applyJapan levies inheritance tax on Japan-located assets such as direct stocks, with an exemption of ¥30 million plus ¥6 million per statutory heir.Estate tax explained
Custody. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
FAQs
Can Indian residents buy IHI stock?
Yes. IHI (7013) has been listed on the Tokyo Stock Exchange since 2000, in the Industrial - Machinery industry, and Indian residents can buy it through Paasa. You fund the account from your Indian bank under the RBI's Liberalised Remittance Scheme and the money is converted to US dollars and then to JPY. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
How much does one IHI share cost in rupees?
One IHI share is ¥2,692.50 — about ₹1,643 at a JPY/INR rate of 0.6103 on 29 Sep 2026. Both the IHI price and the rupee rate move during the day, so the rupee cost changes with them.
What are the LRS and TCS rules for buying IHI from India?
Remit up to $250,000 per financial year under the RBI's Liberalised Remittance Scheme (LRS). Banks collect 20% tax at source on LRS remittances above ₹10 lakh in a financial year; the TCS is adjustable against your income-tax liability. FX and the LRS declaration are handled by your bank when you fund your account.
What is the minimum I can buy of IHI?
The Tokyo Stock Exchange typically trades in units of 100 shares.
How are gains on IHI shares taxed in India?
Japan generally does not levy capital gains tax on non-resident individual investors, so the tax is an India-side one. Gains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. The gain is computed in rupees using the JPY/INR rate on the purchase and the sale date, so the rupee move counts alongside the IHI price. Paasa issues a capital-gains statement for your return.
Does IHI pay a dividend, and how is it taxed in India?
Yes. IHI pays a dividend and the current yield is 0.80%; the last declared dividend was ¥20.00 per share, about ₹12.21. Dividends are taxed at your slab rate in India. Japan withholds a preferential 10% on dividends for Indian residents under the India–Japan DTAA rather than the higher domestic rate, and the tax withheld can be claimed as a foreign tax credit in India. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.
When can I trade IHI from India?
The Tokyo Stock Exchange trades 5:30 am – 12:00 pm IST in Indian time. It also halts for lunch, 8:00 am – 9:00 am IST. Orders can only execute during that window.
Is there estate or inheritance tax on IHI shares held from India?
Japan levies inheritance tax on Japan-located assets such as direct stocks, with an exemption of ¥30 million plus ¥6 million per statutory heir. It applies to your overall holdings in that jurisdiction rather than to any one position.
Do I have to declare IHI shares in my Indian tax return?
Yes. Foreign shares held on 31 March must be reported in Schedule FA of your Indian income-tax return. Paasa gives you a Schedule FA-ready statement listing your IHI holding, its cost and its closing value.
How do I sell IHI and bring the money back to India?
You sell during market hours (5:30 am – 12:00 pm IST) and the proceeds settle in JPY in your Paasa account. From there you can hold the balance, reinvest, or repatriate. Funds can be withdrawn in any currency to any bank account in your own name. Whether the sale is short- or long-term is decided by the 24-month holding period.