Trade JTEKT Corporation - 6473 CFD

JTEKT Corporation Company profile

About Jtekt Corp

JTEKT Corporation is a Japan-based company mainly engaged in the manufacture and sale of equipment parts and machine tools. The Company operates in two business segments. The Equipment Parts segment is engaged in the provision of steering products such as electric power steering systems and hydraulic power steering systems, driving products such as drive shafts, electronically controlled four-wheel drive (4WD) couplings and pressure reducing valves for fuel cell electric vehicles (FCV), bearing products such as ball bearings, roller bearings and bearing units. The Machine Tools segment is engaged in the provision of grinding equipment, cutting equipment, machining centers, control equipment and industrial heat treatment furnaces.

Financial summary

BRIEF: For the nine months ended 31 December 2021, Jtekt Corp revenues increased 16% to Y1.022T. Net income applicable to common stockholders totaled Y10.13B vs. loss of Y13.65B. Revenues reflect Industrial Machineries & other business segment increase from Y94.09B to Y228.6B. Net Income reflects Machineries & Tools segment income totaling Y5.01B vs. loss of Y7.89B, Industrial Machineries & other business segment income increase from Y385M to Y12.21B.

Equity composition

01/2006, Company name changed from Koyo Seiko Company, Ltd. All WAS are estimated. FY'05 & '06: 1Q & 3Q's WAS & o/s were estimated. FY'08 1Q, 3Q DWAS was estimated.