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Producer Manufacturing

JTEKT Corp.

Business Summary

JTEKT Corp. engages in the manufacture and sale of bearings, machine tools, driveline components, and steering products. It operates through the Machinery Parts and Machine Tools segments. The Machinery Parts segment provides steering wheels, drive train parts, and bearings. The Machine Tools segment offers machine tools, control equipment, and industrial heat treatment furnaces. The company was founded by Zenichiro Ikeda in January 1921 and is headquartered in Osaka, Japan.

Financial Highlights

Mar 2021 JPYUSD
Revenue1,246.28B11,751.05M
Gross Profit198,668M1,873.21M
Operating income15,913M150.04M
Income before tax15,089M142.27M
Net income800M7.54M
EBITDA78,969M744.58M
Diluted EPS2.330.02
Dividends Per Share160.15
Total Assets1,291.30B11,685.97M
Total liabilities706,209M6,391.03M
Total equity550,908M4,985.59M
Operating cash flow91,757M865.16M
Currency in JPYCurrency in USD

Historical Data

 Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021
Revenue 1,318.31B 1,441.17B 1,520.88B 1,418.89B 1,246.28B
Gross Profit 243,957M 275,419M 284,751M 246,225M 198,668M
Operating income 77,444M 81,392M 72,184M 37,648M 15,913M
Income before tax 55,443M 82,842M 65,261M 15,073M 15,089M
Net income 47,523M 49,698M 27,249M -3,794M 800M
EBITDA 133,553M 141,806M 136,502M 102,277M 78,969M
Diluted EPS 138.56 144.90 79.44 -11.06 2.33
Dividends Per Share 42 43 44 38 16
Total Assets 1,117.85B 1,270.56B 1,298.06B 1,244.21B 1,291.30B
Total liabilities 604,942M 697,968M 712,569M 712,659M 706,209M
Total equity 487,738M 533,019M 550,766M 499,343M 550,908M
Operating cash flow 99,278M 100,033M 104,147M 62,312M 91,757M
 Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021
Revenue 12,174.16M 13,003.14M 13,714.69M 13,050.22M 11,751.05M
Gross Profit 2,252.86M 2,485.00M 2,567.76M 2,264.64M 1,873.21M
Operating income 715.17M 734.36M 650.92M 346.26M 150.04M
Income before tax 511.99M 747.45M 588.49M 138.63M 142.27M
Net income 438.85M 448.40M 245.71M -34.89M 7.54M
EBITDA 1,233.31M 1,279.46M 1,230.91M 940.68M 744.58M
Diluted EPS 1.27 1.30 0.71 -0.10 0.02
Dividends Per Share 0.38 0.38 0.39 0.34 0.15
Total Assets 10,031.86M 11,947.00M 11,727.57M 11,525.29M 11,685.97M
Total liabilities 5,428.89M 6,562.93M 6,437.81M 6,601.44M 6,391.03M
Total equity 4,377.07M 5,011.93M 4,975.97M 4,625.47M 4,985.59M
Operating cash flow 916.80M 902.56M 939.15M 573.11M 865.16M

Valuation Measures

Mar 2021
PER484.43
ROA0.06%
ROE0.15%
Operating margin1.27%
Profit margin0.06%

Key executives

  • President & Representative Director: Kazuhiro Sato
  • Director, Executive Officer & GM-Bearing: Katsumi Yamamoto
  • Director, Executive Officer & GM-Administration: Kazuhisa Makino
  • Executive Officer: Makoto Sano
  • Director & Executive Officer: Shinji Kato

Shareholders

  • Toyota Motor Corp. (22.4%)
  • Nomura Asset Management Co., Ltd. (6.8%)
  • DENSO Corp. (5.3%)
  • Nippon Life Insurance Co. (3.2%)
  • Toyota Industries Corp. (2.2%)
  • Nikko Asset Management Co., Ltd. (2.2%)
  • Daiwa Asset Management Co. Ltd. (2.2%)
  • Sumitomo Mitsui Trust Holdings, Inc. (2.2%)
  • Resona Holdings, Inc. (1.9%)
  • Sumitomo Mitsui Financial Group, Inc. (1.8%)

Contact Details

  • Website:http://www.jtekt.co.jp
  • Address: 3-5-8 Minamisemba, Chuo-Ku, Osaka, 542-8502, Japan
  • Phone: +81.6.6271.8451

Related Companies

  • Koyo Middle East FZCO
  • PT JTEKT Indonesia Sales
  • Taiwan JTEKT Co., Ltd.
  • JTEKT Automotive Morocco SAS
  • Koyo Magnetic Bearing Co., Ltd.
  • JTEKT IT Center Akita Corp.
  • JTEKT Service Co., Ltd.
  • Toya Manufacturing Co., Ltd.
  • Tk Engineering Co., Ltd. (Aichi)
  • FORMICS Co., Ltd.
  • KOYO Steering Service Co., Ltd.
  • Tokio Seiko Corp.
  • Nippon Needle Roller Mfg. Co., Ltd.
  • Nagao Sangyo KK
  • JTEKT Malaysia Sdn. Bhd.
  • JTEKT Automotive Mexico SA de CV
  • Koyo Steering Brasil Ltda.
  • Koyo Joint (Xiamen) Industry Co. Ltd.
  • Koyo Latin America SA
  • TPA Engineering Corp.
  • JTEKT Automotive Science & Technology Center (Dalian) Co. Ltd.
  • JTEKT Automotive Argentina SA
  • Yubei Koyo Steering System Co. Ltd.
  • JTEKT Research & Development Center (Wuxi) Co., Ltd.
  • JTEKT Automotive (Thailand) Co., Ltd.
  • JTEKT Automotive (Tianjin) Co., Ltd.
  • Koyo Jico Korea Co., Ltd.
  • Koyo Lioho (Foshan) Automotive Parts Co., Ltd.
  • Koyo Bearing Dalian Co., Ltd.
  • Koyo Needle Bearings (Wuxi) Co., Ltd.

Competitors

  • SKF AB Class B
  • Timken Company
  • Fuxin Dare Automotive Parts Co Ltd Class A
  • China Automotive Systems, Inc.
  • centrotherm international AG
  • Concentric AB
  • Nanjing Iron & Steel Co., Ltd. Class A
Last Updated on 22 Oct, 2021

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