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Producer Manufacturing

JTEKT Corp.

  • 1,120.00 JPY
  • -18.00
  • -1.58%
  • Japan
    Aug 21, 2019
  • Ticker
    TKS(6473)
  • Prev. close
    1,138
  • Market cap (JPY)
    390,659.81M
  • Market cap (USD)
    3,668.85M
  • Shares
    343.28M

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 includes the automotive components business, that produces electric and hydraulic power steering, driveshaft, propeller shaft, Torsen LSD, and couplings; and the bearing business, which manufactures ball bearings, roller bearings, bearing units, and other kinds of bearings. The Machine Tools segment includes the machine tool and mechatronics business, which offers grinding and cutting machines, control equipment, and industrial treatment furnaces. The company was founded on January 18, 1935 and is headquartered in Osaka, Japan.

Financial Highlights

Mar 2019 JPYUSD
Revenue1,520.89B13,714.75M
Gross Profit281,009M2,534.01M
Operating income66,608M600.64M
Income before tax61,034M550.37M
Net income24,663M222.40M
EBITDA134,171M1,209.89M
Diluted EPS71.900.64
Dividends Per Share440.39
Total Assets1,267.81B11,454.29M
Total liabilities696,734M6,294.74M
Total equity536,478M4,846.89M
Operating cash flow103,022M929.00M
Currency in JPYCurrency in USD

Historical Data

 Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019
Revenue 1,355.99B 1,399.98B 1,318.31B 1,441.17B 1,520.89B
Gross Profit 230,772M 249,424M 243,957M 275,419M 281,009M
Operating income 74,154M 81,923M 77,444M 81,392M 66,608M
Income before tax 66,514M 73,614M 55,443M 82,842M 61,034M
Net income 42,520M 48,672M 47,523M 49,698M 24,663M
EBITDA 131,227M 140,363M 133,553M 141,806M 134,171M
Diluted EPS 124.24 141.91 138.56 144.90 71.90
Dividends Per Share 34 42 42 43 44
Total Assets 1,126.23B 1,075.83B 1,117.85B 1,270.56B 1,267.81B
Total liabilities 626,462M 595,769M 604,942M 697,968M 696,734M
Total equity 473,494M 455,250M 487,738M 533,019M 536,478M
Operating cash flow 103,386M 110,125M 99,278M 100,033M 103,022M
 Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019
Revenue 12,343.30M 11,658.36M 12,174.16M 13,003.14M 13,714.75M
Gross Profit 2,100.66M 2,077.07M 2,252.86M 2,485.00M 2,534.01M
Operating income 675.00M 682.21M 715.17M 734.36M 600.64M
Income before tax 605.46M 613.01M 511.99M 747.45M 550.37M
Net income 387.05M 405.31M 438.85M 448.40M 222.40M
EBITDA 1,194.53M 1,168.87M 1,233.31M 1,279.46M 1,209.89M
Diluted EPS 1.13 1.18 1.27 1.30 0.64
Dividends Per Share 0.30 0.34 0.38 0.38 0.39
Total Assets 9,391.16M 9,571.91M 10,031.86M 11,947.00M 11,454.29M
Total liabilities 5,223.78M 5,300.67M 5,428.89M 6,562.93M 6,294.74M
Total equity 3,948.25M 4,050.44M 4,377.07M 5,011.93M 4,846.89M
Operating cash flow 941.10M 917.06M 916.80M 902.56M 929.00M

Valuation Measures

Mar 2019
PER18.94
ROA1.94%
ROE4.61%
Operating margin4.37%
Profit margin1.62%

Key executives

  • President & Representative Director: Tetsuo Agata
  • Representative Director & Vice President: Hiroyuki Kaijima
  • Executive Officer: Hiroshi Ii
  • Executive Officer: Yoshikazu Konishi
  • Executive Officer: Yutaka Mori

Shareholders

  • Toyota Motor Corp. (22.4%)
  • DENSO Corp. (5.3%)
  • Nomura Asset Management Co., Ltd. (4.6%)
  • Nippon Life Insurance Co. (3.2%)
  • Toyota Industries Corp. (2.2%)
  • Sumitomo Mitsui Trust Holdings, Inc. (2.2%)
  • Nikko Asset Management Co., Ltd. (2.2%)
  • Daiwa Asset Management Co. Ltd. (2.0%)
  • 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

  • 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.
  • Toyoda Koki do Brasil Industria e Comercio de Maquinas Ltda.
  • Koyo Automotive Parts (Wuxi) Co. Ltd.
  • Koyo Iberica SL
  • Koyo Kullager Scandinavia AB
  • JTEKT (China) Co. Ltd.
  • Koyo Rolamentos do Brasil Ltda.
  • JTEKT Korea Co., Ltd.
  • PT JTEKT Indonesia
  • JTEKT (Shanghai) Co. Ltd.
  • JTEKT Automotive (Foshan) Co. Ltd.
  • JTEKT Steering Systems (Xiamen) Co. Ltd.
  • Koyo Mexicana SA de CV
  • JTEKT Dalian Innovation Automotive Co. Ltd.

Competitors

  • SKF AB Class B
  • Timken Company
  • China Automotive Systems, Inc.
  • BorgWarner Inc.
  • KYB Corporation
  • Concentric AB
Last Updated on 21 Aug, 2019

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