7013.T Stock Today: December 29 — JMU Stake Sale Gain in Jan–Mar 2026
IHI stock is in focus on December 29 as investors price the Japan Marine United changes. Imabari Shipbuilding will lift its JMU stake to 60% on January 5, cutting IHI to 20%. IHI expects a one-off gain from a 15% transfer in the January to March 2026 quarter. As of today, 7013.T trades near ¥2,808, within a 52-week range of ¥1,139.57 to ¥3,268.00. With a P/E of 22.92 and a dividend yield near 0.71%, we outline the likely impact on earnings, valuation, and trading.
JMU ownership shift and one-off gain timeline
Imabari Shipbuilding will make JMU a consolidated subsidiary on January 5 after antitrust clearances, raising its stake to 60% and lowering IHI to 20%. JFE Holdings is also part of the seller group. The step formalizes sector consolidation in Japan and clarifies future governance at JMU. Details are confirmed by Nikkei and Yahoo Finance Japan reporting Nikkei and Yahoo Japan.
IHI plans to recognize a gain from a 15% JMU stake sale in the January to March 2026 quarter. This will be a one-time tailwind, not a recurring profit source. For IHI stock, investors will weigh this gain against a reduced long-term shipbuilding exposure. Any guidance on the gain’s size and use of proceeds will be key for valuation and capital allocation views.
Today’s trading, valuation, and fundamentals
IHI shares trade around ¥2,808, up ¥18 or 0.65% today, after opening at ¥2,838. The intraday range is ¥2,799 to ¥2,854.5. Volume stands at 7,518,400 versus a 28,147,403 average, showing lighter activity into year-end. The market cap is about ¥2.967 trillion. Over 12 months, the stock is up 122.25%, with a year high of ¥3,268.00 and a year low of ¥1,139.57.
IHI stock trades at 22.92 times EPS of ¥122.15 and 5.49 times book. EV to sales is 2.18. Debt to equity is 1.07, with interest coverage near 7.93 times. Dividend yield is about 0.71% on a roughly 14% payout ratio. Return on equity is strong at 26.37%, supported by an 8.08% ROIC and improving operating cash flow trends.
Technical setup on the TSE
Short-term indicators show mixed momentum. RSI is 45, near neutral, while ADX at 14 suggests no strong trend. MACD remains below signal. Price sits around the Bollinger middle band near ¥2,877, with upper and lower at ¥3,074 and ¥2,681. Average true range is ¥93, pointing to moderate daily swings. IHI stock may continue range trading until new catalysts land.
The next earnings announcement is scheduled for February 5, 2026. We will watch any color on the JMU stake accounting, updated guidance, and capital allocation plans, including debt reduction and buybacks. Commentary on demand across aero engines, energy, and infrastructure will matter. Imabari Shipbuilding and JFE Holdings developments could also influence sentiment toward IHI stock and sector positioning.
Key risks and 2026 scenarios
Shipbuilding margins in Japan can be sensitive to steel prices, forex, and labor availability. JMU’s control shift may streamline decisions, but integration always carries execution risk. JFE Holdings, as a seller, is expected to record gains too, according to local reports. For IHI stock, less shipbuilding risk could improve quality of earnings, but it may also trim exposure if the cycle strengthens.
A one-off gain can lift FY2025 Q4 profit optics, yet it will not change core cash flow. If proceeds reduce debt or fund higher-return projects, the medium-term multiple could improve. If management keeps guidance conservative, IHI stock may track fundamentals such as ROE, backlog quality, and free cash flow, rather than the temporary 2026 boost.
Final Thoughts
For Japan investors, the JMU change clarifies ownership and timing. The key near-term takeaway is simple. IHI will book a one-time gain in the January to March 2026 quarter from a 15% stake transfer, while its holding drops to 20%. Today, price sits near ¥2,808, below the 50-day average of ¥2,922 and above the 200-day at ¥2,285, which frames support and resistance. Technicals are neutral, so fresh guidance could drive the next move. Our action plan is to watch management’s detail on the gain, debt trajectory, and capital allocation at the February 5, 2026 results. If reinvestment raises ROIC or lowers leverage, IHI stock could see a more durable rerating beyond the one-off profit.
FAQs
The transfer that makes JMU a consolidated subsidiary of Imabari Shipbuilding is scheduled for January 5, following competition law approvals. At that point, Imabari’s stake rises to 60%, while IHI’s holding falls to 20%. Market focus will then shift to the accounting and guidance timing for the one-off gain.
The gain, expected in January to March 2026, should lift quarterly profit, but it is not recurring. If IHI uses proceeds to cut debt or fund higher-return projects, the quality of earnings can improve. Clear guidance could reduce uncertainty and support IHI stock valuation multiples.
Local reports indicate JFE Holdings is part of the seller group and also plans to record gains from its JMU stake sale. The exact amounts were not disclosed in the provided materials. Investors will watch how JFE deploys proceeds and whether any follow-on moves affect supply chains and sector demand.
Two dates stand out. January 5 for the JMU transaction completion, and February 5, 2026 for IHI’s next earnings release. Management commentary on the gain size, timing, and capital allocation will be central, alongside updates on aero engines, energy projects, and infrastructure order trends.
Disclaimer:
The content shared by Meyka AI PTY LTD is solely for research and informational purposes. Meyka is not a financial advisory service, and the information provided should not be considered investment or trading advice.
