TSE:7013Machinery
IHI Corporation TSE 7013 Valuation Check After JAXA Bid Suspension For IHI Aerospace
IHI (TSE:7013) is back in focus after its subsidiary, IHI Aerospace, received a five month suspension from bidding on Japan Aerospace Exploration Agency contracts following improper cost claims. This development has put a spotlight on compliance risks and visibility of future aerospace orders.
See our latest analysis for IHI.
Against this backdrop, IHI’s share price has been under pressure in recent weeks, with a 30 day share price return of down 11.7% and a 90 day share price return of down...