Jtekt revises full-year revenue forecast upwards

Jtekt Corporation announced revised consolidated financial forecasts for the fiscal year ending March 31, 2026. The company now anticipates revenue of JPY 1,840,000 million, an increase of JPY 70,000 million from the previously announced forecast of JPY 1,770,000 million. Business profit, operating profit, and profit before income taxes remain unchanged at JPY 60,000 million, JPY 50,000 million, and JPY 45,000 million, respectively. Profit attributable to owners of the parent company also remains at JPY 20,000 million, with basic earnings per share at JPY 62.83.

The revisions are attributed to second-quarter results, changes in assumed foreign exchange rates, and recent market conditions. The company's exchange rate assumption for the third quarter onwards is JPY 145 to the US dollar and JPY 170 to the euro.

For the six months ended September 30, 2025, Jtekt reported a 1.3% year-on-year revenue increase to JPY 930,175 million, with business profit up 29.3% to JPY 33,168 million and profit attributable to owners of the parent company up 95.2% to JPY 12,163 million. The company will not change its forecasted cash dividends for the current quarter.