JTEKT Corporation
Financial Summary for the Six-Month Period Ended March 2027 (IFRS) (Consolidated)
Consolidated results for the second quarter of the fiscal year ending March 2027: revenue 970,788 million yen (up 4.4% YoY), segment profit 50,684 million yen (up 52.8% YoY), operating profit 36,049 million yen, and net income attributable to owners of parent 21,751 million yen, all at high levels. Full-year forecast has been revised. Changes to the scope of consolidation were made, including additions and exclusions of JTEKT EUROPE S.A.S. and JTEKT TORSEN HOLDINGS S.A.
Key Figures
- Revenue: 970,788 million yen (Up 4.4% YoY)
- Segment profit: 50,684 million yen (Up 52.8% YoY)
- Operating profit: 36,049 million yen (Up 38.4% YoY)
AI要約
Performance Summary
Revenue increased 4.4% year-on-year to 970,788 million yen. Segment profit rose substantially to 50,684 million yen, and operating profit increased to 36,049 million yen, maintaining a profit-growth trend. Net income attributable to owners of parent for the interim period was 21,751 million yen, a 78.8% increase. All segments — Automotive, Industrial Machinery & Bearings, and Machine Tools — showed solid performance. Foreign exchange effects, cost improvements and structural reforms contributed to results. There were changes to the scope of consolidation during the interim period (additions and exclusions of subsidiaries).
Outlook and Capital Policy
The company announced a revision to its full-year earnings forecast. Foreign exchange assumptions are JPY 157 per USD and JPY 182 per EUR; however, from the third quarter onward assumptions of JPY 157 per USD and JPY 180 per EUR are applied. Interim cash flow was solid: operating cash flow increased while investing cash flow decreased due to acquisition of tangible fixed assets. As a significant change in the scope of consolidation, JTEKT EUROPE S.A.S. and JTEKT TORSEN HOLDINGS S.A. were excluded.
Revenue Trend
Operating Profit Trend
JTEKT Corporation
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