IHI Corp ADR (IHICY)

IHI Corp ADR is a depositary receipt linked to the common stock of IHI Corporation, a Japanese industrial group headquartered in Tokyo. The underlying issuer develops engineering and manufacturing solutions in Japan and abroad across four main areas: resources, energy and environmental systems, social infrastructure, industrial systems and general-purpose machinery, and aero engines, space, and defense. Its activities include equipment and systems for power generation, ship propulsion, carbon-related and nuclear applications, bridges and water control structures, transport and logistics machinery, compressors, and other rotating equipment. The company also works on gas turbines, engines, LNG terminal systems, heavy industrial equipment, aerospace products, defense-related systems, and various electronic and information instruments. Formerly known as Ishikawajima-Harima Heavy Industries Co., Ltd., the company adopted the IHI Corporation name in 2007.

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