Producer Manufacturing
JTEKT Corp.
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- Japanese corporate bond sales quicken on rate outlook Feb 22, 2018 See more articles on 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 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 | JPY | USD |
| Revenue | 1,520.89B | 13,714.75M |
| Gross Profit | 281,009M | 2,534.01M |
| Operating income | 66,608M | 600.64M |
| Income before tax | 61,034M | 550.37M |
| Net income | 24,663M | 222.40M |
| EBITDA | 134,171M | 1,209.89M |
| Diluted EPS | 71.90 | 0.64 |
| Dividends Per Share | 44 | 0.39 |
| Total Assets | 1,267.81B | 11,454.29M |
| Total liabilities | 696,734M | 6,294.74M |
| Total equity | 536,478M | 4,846.89M |
| Operating cash flow | 103,022M | 929.00M |
| Currency in JPY | Currency in USD |
Historical Data
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 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 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 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 | |
| PER | 18.94 |
| ROA | 1.94% |
| ROE | 4.61% |
| Operating margin | 4.37% |
| Profit margin | 1.62% |
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
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Last Updated on 23 Jan, 2020