공시 • Apr 28
JTEKT Corporation, Annual General Meeting, Jun 25, 2026 JTEKT Corporation, Annual General Meeting, Jun 25, 2026. 공시 • Apr 04
JTEKT Corporation to Report Fiscal Year 2026 Results on Apr 28, 2026 JTEKT Corporation announced that they will report fiscal year 2026 results on Apr 28, 2026 공시 • Dec 02
JTEKT Corporation to Report Q3, 2026 Results on Feb 03, 2026 JTEKT Corporation announced that they will report Q3, 2026 results on Feb 03, 2026 공시 • Sep 02
JTEKT Corporation to Report Q2, 2026 Results on Oct 31, 2025 JTEKT Corporation announced that they will report Q2, 2026 results on Oct 31, 2025 공시 • Jun 27
JTEKT Corporation to Report Q1, 2026 Results on Jul 31, 2025 JTEKT Corporation announced that they will report Q1, 2026 results on Jul 31, 2025 공시 • Apr 25
JTEKT Corporation, Annual General Meeting, Jun 25, 2025 JTEKT Corporation, Annual General Meeting, Jun 25, 2025. 공시 • Mar 01
JTEKT Corporation to Report Fiscal Year 2025 Results on Apr 25, 2025 JTEKT Corporation announced that they will report fiscal year 2025 results on Apr 25, 2025 공시 • Feb 01
JTEKT Corporation (TSE:6473) announces an Equity Buyback for 27,000,000 shares, representing 7.87% for ¥34,000 million. JTEKT Corporation (TSE:6473) announces a share repurchase program. Under the program, the company will repurchase up to 27,000,000 shares, representing 7.87% of its issued share capital, for ¥34,000 million. The purpose of the buyback is to enhance shareholder returns. The program will expire on February 28, 2025. As of December 31, 2024, the company had shares in issue (excluding treasury shares) and 249,086 shares in treasury. 공시 • Jan 03
JTEKT Corporation to Report Q3, 2025 Results on Jan 31, 2025 JTEKT Corporation announced that they will report Q3, 2025 results on Jan 31, 2025 New Risk • Nov 01
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 1.2% Last year net profit margin: 2.5% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (278% cash payout ratio). Profit margins are more than 30% lower than last year (1.2% net profit margin). Reported Earnings • Nov 01
Second quarter 2025 earnings released: JP¥13.36 loss per share (vs JP¥23.70 profit in 2Q 2024) Second quarter 2025 results: JP¥13.36 loss per share (down from JP¥23.70 profit in 2Q 2024). Revenue: JP¥454.4b (down 4.6% from 2Q 2024). Net loss: JP¥4.58b (down 156% from profit in 2Q 2024). Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Auto Components industry in Germany. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Upcoming Dividend • Sep 20
Upcoming dividend of JP¥15.00 per share Eligible shareholders must have bought the stock before 27 September 2024. Payment date: 27 November 2024. Payout ratio is a comfortable 34% and this is well supported by cash flows. Trailing yield: 2.8%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (3.3%). 공시 • Aug 28
JTEKT Corporation to Report Q2, 2025 Results on Oct 31, 2024 JTEKT Corporation announced that they will report Q2, 2025 results on Oct 31, 2024 Valuation Update With 7 Day Price Move • Aug 07
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to €5.55, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 8x in the Auto Components industry in Germany. Total loss to shareholders of 24% over the past three years. Reported Earnings • Aug 01
First quarter 2025 earnings released: EPS: JP¥31.53 (vs JP¥43.69 in 1Q 2024) First quarter 2025 results: EPS: JP¥31.53 (down from JP¥43.69 in 1Q 2024). Revenue: JP¥464.1b (up 4.1% from 1Q 2024). Net income: JP¥10.8b (down 28% from 1Q 2024). Profit margin: 2.3% (down from 3.4% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Auto Components industry in Germany. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Declared Dividend • Jul 11
Final dividend of JP¥15.00 announced Shareholders will receive a dividend of JP¥15.00. Ex-date: 27th September 2024 Payment date: 27th November 2024 Dividend yield will be 236%, which is higher than the industry average of 2.3%. Sustainability & Growth Dividend is well covered by both earnings (31% earnings payout ratio) and cash flows (14% cash payout ratio). The dividend has increased by an average of 4.1% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 53% over the next 3 years, which should provide support to the dividend and adequate earnings cover. 공시 • Jun 22
JTEKT Corporation to Report Q1, 2025 Results on Jul 31, 2024 JTEKT Corporation announced that they will report Q1, 2025 results on Jul 31, 2024 공시 • Apr 28
JTEKT Corporation, Annual General Meeting, Jun 25, 2024 JTEKT Corporation, Annual General Meeting, Jun 25, 2024. Reported Earnings • Apr 26
Full year 2024 earnings released: EPS: JP¥117 (vs JP¥99.94 in FY 2023) Full year 2024 results: EPS: JP¥117 (up from JP¥99.94 in FY 2023). Revenue: JP¥1.89t (up 13% from FY 2023). Net income: JP¥40.3b (up 17% from FY 2023). Profit margin: 2.1% (up from 2.0% in FY 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.2% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Auto Components industry in Germany. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥20.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 24 May 2024. Payout ratio is a comfortable 23% and this is well supported by cash flows. Trailing yield: 2.6%. Lower than top quartile of German dividend payers (4.9%). Lower than average of industry peers (2.9%). 공시 • Mar 02
JTEKT Corporation to Report Fiscal Year 2024 Results on Apr 26, 2024 JTEKT Corporation announced that they will report fiscal year 2024 results on Apr 26, 2024 Reported Earnings • Feb 04
Third quarter 2024 earnings released: EPS: JP¥38.77 (vs JP¥17.78 in 3Q 2023) Third quarter 2024 results: EPS: JP¥38.77 (up from JP¥17.78 in 3Q 2023). Revenue: JP¥489.6b (up 17% from 3Q 2023). Net income: JP¥13.3b (up 118% from 3Q 2023). Profit margin: 2.7% (up from 1.5% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.9% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Auto Components industry in Germany. Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Buy Or Sell Opportunity • Jan 23
Now 22% overvalued after recent price rise Over the last 90 days, the stock has risen 1.3% to €8.10. The fair value is estimated to be €6.63, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 9.2% in 2 years. Earnings are forecast to grow by 13% in the next 2 years. 공시 • Nov 30
JTEKT Corporation to Report Q3, 2024 Results on Feb 02, 2024 JTEKT Corporation announced that they will report Q3, 2024 results on Feb 02, 2024 Reported Earnings • Nov 02
Second quarter 2024 earnings released: EPS: JP¥23.71 (vs JP¥26.54 in 2Q 2023) Second quarter 2024 results: EPS: JP¥23.71 (down from JP¥26.54 in 2Q 2023). Revenue: JP¥476.6b (up 10% from 2Q 2023). Net income: JP¥8.13b (down 11% from 2Q 2023). Profit margin: 1.7% (down from 2.1% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Auto Components industry in Germany. Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Sep 21
Upcoming dividend of JP¥16.00 per share at 2.1% yield Eligible shareholders must have bought the stock before 28 September 2023. Payment date: 27 November 2023. Payout ratio is a comfortable 22% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (2.6%). 공시 • Aug 31
JTEKT Corporation to Report Q2, 2024 Results on Oct 31, 2023 JTEKT Corporation announced that they will report Q2, 2024 results on Oct 31, 2023 Reported Earnings • Jul 30
First quarter 2024 earnings released: EPS: JP¥43.69 (vs JP¥9.13 in 1Q 2023) First quarter 2024 results: EPS: JP¥43.69 (up from JP¥9.13 in 1Q 2023). Revenue: JP¥445.7b (up 20% from 1Q 2023). Net income: JP¥15.0b (up 378% from 1Q 2023). Profit margin: 3.4% (up from 0.8% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Auto Components industry in Germany. Over the last 3 years on average, earnings per share has increased by 87% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth. 공시 • Jun 29
JTEKT Corporation to Report Q1, 2024 Results on Jul 28, 2023 JTEKT Corporation announced that they will report Q1, 2024 results on Jul 28, 2023 Reported Earnings • Jun 28
Full year 2023 earnings released: EPS: JP¥99.94 (vs JP¥60.30 in FY 2022) Full year 2023 results: EPS: JP¥99.94 (up from JP¥60.30 in FY 2022). Revenue: JP¥1.68t (up 18% from FY 2022). Net income: JP¥34.3b (up 66% from FY 2022). Profit margin: 2.0% (up from 1.4% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.5% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Auto Components industry in Germany. Over the last 3 years on average, earnings per share has increased by 86% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Reported Earnings • Apr 30
Full year 2023 earnings released: EPS: JP¥99.94 (vs JP¥60.30 in FY 2022) Full year 2023 results: EPS: JP¥99.94 (up from JP¥60.30 in FY 2022). Revenue: JP¥1.68t (up 18% from FY 2022). Net income: JP¥34.3b (up 66% from FY 2022). Profit margin: 2.0% (up from 1.4% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Auto Components industry in Germany. Over the last 3 years on average, earnings per share has increased by 86% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥11.00 per share at 2.3% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 24 May 2023. Payout ratio is a comfortable 25% and this is well supported by cash flows. Trailing yield: 2.3%. Lower than top quartile of German dividend payers (4.7%). In line with average of industry peers (2.5%). Reported Earnings • Feb 05
Third quarter 2023 earnings released: EPS: JP¥17.78 (vs JP¥9.80 in 3Q 2022) Third quarter 2023 results: EPS: JP¥17.78 (up from JP¥9.80 in 3Q 2022). Revenue: JP¥420.3b (up 18% from 3Q 2022). Net income: JP¥6.10b (up 81% from 3Q 2022). Profit margin: 1.5% (up from 0.9% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Auto Components industry in Germany. Over the last 3 years on average, earnings per share has increased by 79% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. 공시 • Feb 03
JTEKT Corporation Provides Consolidated Earnings Guidance for the Year Ending March 31, 2023 JTEKT Corporation provided consolidated earnings guidance for the year ending March 31, 2023. For the period, the company expected revenue of JPY 1,700,000 million, business profit of JPY 60,000 million, profit attributable to owners of the parent company of JPY 25,000 million and basic earnings per share of JPY 72.89. 공시 • Nov 27
JTEKT Corporation to Report Q3, 2023 Results on Feb 03, 2023 JTEKT Corporation announced that they will report Q3, 2023 results on Feb 03, 2023 Board Change • Nov 16
High number of new and inexperienced directors There are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. 4 experienced directors. No highly experienced directors. Independent Outside Director Iwao Okamoto is the most experienced director on the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Reported Earnings • Oct 30
Second quarter 2023 earnings released: EPS: JP¥26.54 (vs JP¥3.04 in 2Q 2022) Second quarter 2023 results: EPS: JP¥26.54 (up from JP¥3.04 in 2Q 2022). Revenue: JP¥432.9b (up 35% from 2Q 2022). Net income: JP¥9.10b (up JP¥8.06b from 2Q 2022). Profit margin: 2.1% (up from 0.3% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Auto Components industry in Germany. Over the last 3 years on average, earnings per share has increased by 66% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings. 공시 • Oct 29
JTEKT Corporation Revises Earnings Guidance for the Year Ending March 31, 2023 JTEKT Corporation revised earnings guidance for the year ending March 31, 2023 . For the year, the company revised revenue of $1,700,000 million compared to previously expected $1,600,000 million. Basic earnings per share of $72.89 compared to previously expected $72.89. Profit attributable to owners of the parent company of $25,000 million compared to previously expected $25,000 million. Business profit $60,000 million compared to previously expected $60,000 million. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥11.00 per share Eligible shareholders must have bought the stock before 29 September 2022. Payment date: 28 November 2022. Payout ratio is a comfortable 34% and the cash payout ratio is 87%. Trailing yield: 2.2%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (3.7%). 공시 • Aug 28
JTEKT Corporation to Report Q2, 2023 Results on Oct 28, 2022 JTEKT Corporation announced that they will report Q2, 2023 results on Oct 28, 2022 Board Change • Aug 01
High number of new and inexperienced directors There are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. 4 experienced directors. No highly experienced directors. Independent Outside Director Iwao Okamoto is the most experienced director on the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Reported Earnings • Jul 31
First quarter 2023 earnings released: EPS: JP¥9.13 (vs JP¥16.70 in 1Q 2022) First quarter 2023 results: EPS: JP¥9.13 (down from JP¥16.70 in 1Q 2022). Revenue: JP¥371.7b (up 8.0% from 1Q 2022). Net income: JP¥3.13b (down 45% from 1Q 2022). Profit margin: 0.8% (down from 1.7% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 15%, compared to a 10% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. 공시 • Jun 04
JTEKT Corporation to Report Q1, 2023 Results on Jul 29, 2022 JTEKT Corporation announced that they will report Q1, 2023 results on Jul 29, 2022 Reported Earnings • Apr 30
Full year 2022 earnings released: EPS: JP¥60.30 (vs JP¥2.33 in FY 2021) Full year 2022 results: EPS: JP¥60.30 (up from JP¥2.33 in FY 2021). Revenue: JP¥1.43t (up 15% from FY 2021). Net income: JP¥20.7b (up JP¥19.9b from FY 2021). Profit margin: 1.4% (up from 0.1% in FY 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 10%, compared to a 9.4% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings. Board Change • Apr 28
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 7 non-independent directors. Independent Outside Member of the Audit & Supervisory Board Takashi Yoshida was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. 공시 • Apr 08
JTEKT Corporation to Report Fiscal Year 2022 Results on Apr 28, 2022 JTEKT Corporation announced that they will report fiscal year 2022 results on Apr 28, 2022 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥8.00 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 24 May 2022. Payout ratio is a comfortable 22% and this is well supported by cash flows. Trailing yield: 1.7%. Lower than top quartile of German dividend payers (3.6%). Lower than average of industry peers (3.3%). Reported Earnings • Feb 04
Third quarter 2022 earnings: EPS in line with analyst expectations despite revenue beat Third quarter 2022 results: EPS: JP¥9.80 (down from JP¥30.31 in 3Q 2021). Revenue: JP¥357.8b (down 1.5% from 3Q 2021). Net income: JP¥3.36b (down 68% from 3Q 2021). Profit margin: 0.9% (down from 2.9% in 3Q 2021). Revenue exceeded analyst estimates by 1.2%. Over the next year, revenue is forecast to grow 8.8% compared to a 2.8% decline forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 10% per year and the company’s share price has also fallen by 10% per year. Reported Earnings • Oct 30
Second quarter 2022 earnings released: EPS JP¥3.04 (vs JP¥3.34 in 2Q 2021) The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥320.0b (down 1.5% from 2Q 2021). Net income: JP¥1.04b (down 8.8% from 2Q 2021). Profit margin: 0.3% (down from 0.4% in 2Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥8.00 per share Eligible shareholders must have bought the stock before 29 September 2021. Payment date: 30 November 2021. Trailing yield: 1.7%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (2.1%). Reported Earnings • Aug 03
First quarter 2022 earnings released: EPS JP¥16.70 (vs JP¥73.44 loss in 1Q 2021) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥344.2b (up 76% from 1Q 2021). Net income: JP¥5.73b (up JP¥30.9b from 1Q 2021). Profit margin: 1.7% (up from net loss in 1Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 64 percentage points per year, which is a significant difference in performance. Reported Earnings • Apr 30
Full year 2021 earnings released: EPS JP¥2.33 (vs JP¥11.06 loss in FY 2020) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: JP¥1.25t (down 12% from FY 2020). Net income: JP¥800.0m (up JP¥4.59b from FY 2020). Profit margin: 0.1% (up from net loss in FY 2020). The move to profitability was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 89 percentage points per year, which is a significant difference in performance. Upcoming Dividend • Mar 24
Upcoming dividend of JP¥8.00 per share Eligible shareholders must have bought the stock before 30 March 2021. Payment date: 26 June 2021. Trailing yield: 1.4%. Lower than top quartile of German dividend payers (3.3%). Lower than average of industry peers (2.0%). 공시 • Mar 04
JTEKT Corporation to Report Fiscal Year 2021 Results on Apr 28, 2021 JTEKT Corporation announced that they will report fiscal year 2021 results on Apr 28, 2021 Is New 90 Day High Low • Feb 16
New 90-day high: €9.20 The company is up 31% from its price of €7.00 on 18 November 2020. The German market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Auto Components industry, which is up 11% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €7.63 per share. Reported Earnings • Feb 04
Third quarter 2021 earnings released: EPS JP¥30.31 (vs JP¥12.47 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥363.4b (up 4.1% from 3Q 2020). Net income: JP¥10.4b (up 143% from 3Q 2020). Profit margin: 2.9% (up from 1.2% in 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 92 percentage points per year, which is a significant difference in performance. Analyst Estimate Surprise Post Earnings • Feb 04
Revenue beats expectations Revenue exceeded analyst estimates by 6.9%. Over the next year, revenue is forecast to grow 7.1%, compared to a 9.5% growth forecast for the Auto Components industry in Germany. Is New 90 Day High Low • Jan 28
New 90-day high: €7.70 The company is up 17% from its price of €6.60 on 30 October 2020. The German market is up 19% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Auto Components industry, which is up 29% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €23.34 per share. 공시 • Dec 19
JTEKT Corporation to Report Q3, 2021 Results on Feb 02, 2021 JTEKT Corporation announced that they will report Q3, 2021 results on Feb 02, 2021 Is New 90 Day High Low • Dec 04
New 90-day low: €6.25 The company is down 2.0% from its price of €6.40 on 04 September 2020. The German market is up 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Auto Components industry, which is up 19% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €1.09 per share. Reported Earnings • Nov 19
Second quarter 2021 earnings released: EPS JP¥3.34 The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2021 results: Revenue: JP¥324.9b (down 9.7% from 2Q 2020). Net income: JP¥1.14b (up JP¥2.63b from 2Q 2020). Profit margin: 0.4% (up from net loss in 2Q 2020). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 99% per year but the company’s share price has only fallen by 22% per year, which means it has not declined as severely as earnings. Analyst Estimate Surprise Post Earnings • Nov 19
Revenue misses expectations Revenue missed analyst estimates by 13%. Over the next year, revenue is forecast to grow 7.4%, compared to a 8.1% growth forecast for the Auto Components industry in Germany. Reported Earnings • Nov 01
First half earnings released Over the last 12 months the company has reported total losses of JP¥32.5b, with earnings decreasing by JP¥42.8b from the prior year. Total revenue was JP¥1.22t over the last 12 months, down 19% from the prior year. Analyst Estimate Surprise Post Earnings • Nov 01
Semi-annual earnings released: Revenue misses expectations Semi-annual revenue missed analyst estimates by 13% at JP¥520.2b. Revenue is forecast to grow 6.1% over the next year, compared to a 3.8% growth forecast for the Auto Components industry in Germany. 공시 • Sep 03
JTEKT Corporation to Report Q2, 2021 Results on Oct 29, 2020 JTEKT Corporation announced that they will report Q2, 2021 results on Oct 29, 2020 공시 • Aug 13
JTEKT Corporation (TSE:6473) cancelled the acquisition of YUTAKA SEIMITSU KOGYO, LTD. from Toyota Motor Corporation (TSE:7203). JTEKT Corporation (TSE:6473) entered into a basic agreement to acquire YUTAKA SEIMITSU KOGYO, LTD. from Toyota Motor Corporation (TSE:7203) on July 10, 2019. JTEKT Corporation signed a contract to acquire YUTAKA SEIMITSU KOGYO, LTD. from Toyota Motor Corporation for ¥10 billion on December 4, 2019. As reported, JTEKT Corporation will acquire 2.2 million YUTAKA SEIMITSU KOGYO shares. Once the transfer is complete, all Yutaka Seimitsu operations, such as those related to drive components (namely components that relay motive power from the engine through the transmission to the wheels), gear manufacturing, and gear processing machinery, will be transferred from Toyota to JTEKT. For the fiscal year ending March 2019, YUTAKA SEIMITSU KOGYO, LTD reported net assets of ¥12 billion, total assets of ¥23.3 billion, sales of ¥47.2 billion, operating income of ¥295 million and net income of ¥76 million. The transaction was resolved by Board of JTEKT Corporation on December 4, 2019. The planned share transfer execution date is January 1, 2020. The impact of the acquisition on the JTEKT Corporation's consolidated earnings forecasts is minor. Advisory fees is estimated at ¥45 million.
JTEKT Corporation (TSE:6473) cancelled the acquisition of YUTAKA SEIMITSU KOGYO, LTD. from Toyota Motor Corporation (TSE:7203) on June 5, 2020. 공시 • Jun 22
JTEKT Corporation(TSE:6473) dropped from S&P Japan Mid Cap 100 JTEKT Corporation(TSE:6473) dropped from S&P Japan Mid Cap 100