Jtekt raises full-year revenue outlook on market conditions, exchange rates

Jtekt Corporation has revised its full-year consolidated earnings forecast for the fiscal year ending March 31, 2026. The company now expects revenue of 1,840,000 million yen, an increase from the previously announced 1,770,000 million yen. Business profit, operating profit, profit before income taxes, and profit attributable to owners of the parent company remain unchanged. Basic earnings per share are projected at 62.83 yen.

This revision reflects second-quarter results, updated foreign exchange rate assumptions of 145 yen to the US dollar and 169 yen to the euro (170 yen to the euro from the third quarter), and recent market trends. The interim consolidated financial results for the six months ended September 30, 2025, show revenue of 930,175 million yen, business profit of 33,168 million yen, and profit attributable to owners of the parent company of 12,163 million yen.

Total assets as of September 30, 2025, were 1,549,844 million yen, with total equity at 781,355 million yen. The company announced an annual dividend forecast of 60.00 yen per share for the fiscal year ending March 31, 2026, with a second-quarter dividend of 30.00 yen and a year-end forecast of 30.00 yen.