The use of high tensile steel plates is increasing in the fabrication of ship and offshore structures. In usual, plate element contributes to inplane stiffness against the action of inplane load. If the plate element has local corrosion, its load carrying capacity under inplane load is expected to be reduced. Until now, however, the research report concerned with this topic has not seen. In this study, a basic study which clarifies the influence of local corrosion on the ultimate collapse strength of plate element subjected to axial compression is carried out by using elasto-platic large deformation finite element analysis. In particular, influence of corrosive area, corrosive thickness and slenderness ratio of dented plate is investigated.