JTEKT (6473) Q4 2025 earnings summary

Executive summary

• Revenue declined 0.4% year-over-year to 1,884,397 million yen, with business profit down 10.9% to 64,938 million yen and profit attributable to owners of the parent down 65.9% to 13,713 million yen.

• Despite global economic growth, uncertainties increased due to stagnant auto production in Japan and economic stagnation in Europe and China; company focused on transformation into a solution provider and implemented its Second Medium-Term Business Plan.

• Key initiatives included strengthening solution creativity, competitiveness, global structure, human capital, carbon neutrality, and shareholder returns.

Financial highlights

• Operating profit fell 38.2% year-over-year to 38,452 million yen; profit before income taxes dropped 57.4% to 30,876 million yen.

• Basic earnings per share decreased to 40.36 yen from 117.37 yen year-over-year.

• Cash flows from operating activities dropped to 80,238 million yen from 154,461 million yen; cash and cash equivalents at year-end were 119,060 million yen, down from 167,019 million yen.

• Annual dividend per share increased to 50.00 yen (from 36.00 yen), with a payout ratio of 123.9%.

Outlook and guidance

• Fiscal year ending March 31, 2026 forecast: revenue 1,770 billion yen (down 6.1%), business profit 60 billion yen (down 7.6%), operating profit 50 billion yen (up 30%), profit attributable to owners of parent 20 billion yen (up 45.8%), and basic EPS 62.83 yen.

• Dividend forecast for FY2026 is 60.00 yen per share.

• Focus on building a solution business platform and cost reduction, especially in North America.