I rate iShares US Medical Devices ETF a buy, as its recent selloff offers an attractive entry into industry-leading medical device innovators. IHI's top holdings—Abbott Laboratories, Intuitive Surgical, and Boston Scientific—drive growth through strong fundamentals, product innovation, and exposure to secular healthcare trends. Despite higher fees (0.38%) and volatility, IHI's concentrated exposure to medical devices positions it for long-term capital appreciation over more diversified healthcare ETFs.
IHI Corporation (IHICY) Q3 2026 Earnings Call Prepared Remarks Transcript
iShares U.S. Medical Devices ETF offers targeted exposure to U.S. medical device leaders, benefiting from demographic shifts and innovation, but is highly concentrated in top holdings. Current valuation metrics (P/E 31x, P/B 4.6x) are too high; I recommend holding and waiting for a price drop before buying. Industry growth is fueled by an aging population and technological advances like AI and 3D printing, supporting a strong long-term outlook.
| Machinery Industry | Industrials Sector | Hiroshi Ide CEO | OTC PINK Exchange | 44962U107 CUSIP |
| JP Country | 26,224 Employees | 29 Sep 2026 Last Dividend | 2 Oct 2025 Last Split | - IPO Date |
IHI Corporation, once known as Ishikawajima-Harima Heavy Industries Co., Ltd., is a distinguished entity with a global presence, primarily based in Tokyo, Japan. Founded in 1853, the corporation has expanded its operations across diverse sectors including resources, energy, environment, social infrastructure and offshore facilities, industrial systems and general-purpose machinery, aero engine, space, and defense, among others. IHI Corporation is recognized for its innovative contributions to various industries, delivering cutting-edge solutions aimed at carbon reduction, energy efficiency, and advanced engineering capabilities. With its extensive portfolio, IHI Corporation proactively addresses the needs of both the present and future, underscoring its commitment to technological advancements and sustainable development.
Offers technologies and equipment geared towards reducing carbon emissions, catering to the global need for sustainable and environmentally friendly energy solutions.
Provides gas turbines and engines, alongside diesel engines for terrestrial applications and high-speed marine vehicles, emphasizing efficiency and reliability.
Delivers comprehensive solutions including LNG receiving terminals, storage tanks, and equipment for various gas-related plants, facilitating the energy sector's infrastructure development.
Constructs natural gas liquefaction, oil refining, petrochemical, LPG, and other process plants, leveraging advanced engineering to support the energy industry's processing needs.
Develops and constructs nuclear fuel cycle systems, offers components for nuclear reactors, and undertakes construction related to nuclear energy, contributing to the sustainable energy mix.
Constructs bridges, steel structures, and water gates for rivers and dams, alongside providing environmental monitoring products and disaster prevention equipment, strengthening civil infrastructure and safety.
Offers shield tunneling machines and automatic segment assembling systems, alongside transportation systems, highlighting IHI's capabilities in supporting urban development and mobility.
Provides LPG/LEG storage tanks, floating LNG/LPG production, storage, and offloading units, and designs semi-submersible rigs, showcasing expertise in maritime infrastructure and logistics.
Engages in real estate development, house development, and offers machinery for agriculture, expanding its portfolio to include urban development and agriculture support.
Provides a wide range of industrial machinery, including compressors, cryogenic products, steelmaking equipment, and materials handling systems, addressing the diverse needs of various industries.
Delivers aero engines, air traffic control systems, and rocket systems, underscoring IHI's contributions to aerospace engineering and national defense initiatives.