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JTEKT (6473) investor relations material
JTEKT Q4 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Revenue increased 2.2% year-over-year to ¥1,924.9B, driven by FX effects, sales recovery in Japan and North America, and steady personal consumption and capital investment despite global uncertainties.
Business profit rose 16.5% year-over-year to ¥75.6B, supported by cost improvements and recovery initiatives.
Operating profit declined 35.4% year-over-year to ¥24.8B due to higher other expenses.
Profit for the period attributable to owners fell 12.7% year-over-year to ¥11.9B, impacted by restructuring costs in Europe and the U.S.
Comprehensive income surged to ¥66.6B from ¥2.7B, mainly due to significant gains in other comprehensive income.
Financial highlights
Gross profit improved to ¥297.0B from ¥281.3B year-over-year.
Earnings per share dropped to ¥37.62 from ¥40.36 in the prior year.
Free cash flow improved to ¥1,544B.
Cash and cash equivalents at year-end increased to ¥137.6B from ¥119.1B.
Operating cash flow was ¥108.5B, up from ¥80.2B year-over-year.
Outlook and guidance
FY2026/FY2027 revenue forecasted at ¥1,880B, down 2.3% year-over-year.
Business profit expected to rise 18.9% to ¥90.0B, with operating profit up 201.8% to ¥75.0B.
Profit for the period projected to surge 317.6% to ¥50.0B; EPS forecasted at ¥157.07.
Annual dividend per share forecasted at ¥70, up ¥10, with a payout ratio of 44.6%.
Exchange rate assumptions: ¥155/USD and ¥180/EUR.
- Profit more than doubled year-over-year, with higher dividends and raised full-year guidance.6473
Q3 20263 Feb 2026 - Strong profit growth and higher revenue drive a cautious but upwardly revised outlook.6473
Q2 20265 Nov 2025 - Business profit surged 63.8% year-over-year despite a 2.0% revenue decline.6473
Q1 202631 Jul 2025 - Profits fell sharply, only Machine tools grew, and the dividend forecast was raised.6473
Q2 202513 Jun 2025 - Revenue up, profit down; full-year outlook steady amid cost and inflation risks.6473
Q1 202513 Jun 2025 - Profits fell sharply despite stable revenue, prompting a strategic shift to solution businesses.6473
Q4 20256 Jun 2025 - Profits fell sharply and forecasts were cut, but a large share buyback was announced.6473
Q3 20255 Jun 2025
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