After completion of the transfer of the European automotive business, the amount of other expenses related to the transfer has been finalized. It was announced that 15.6 billion yen will be recorded in the interim consolidated accounting period. 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It was announced that 15.6 billion yen will be recorded in the interim consolidated accounting period. See the revised earnings guidance for future outlook.","jir_summary":"### Summary of the News\nThis report is a notice regarding the finalization of expense recognition associated with the transfer of the European automotive business. In the consolidated financial statements for the fiscal year ending March 2027, the previously anticipated amount of 5.0 hundred million yen for \"Other expenses\" has been revised, and 15.6 hundred million yen will be recognized. The transfer has already been completed, and the determination was made after detailed accounting review and consultations with the auditing firm.\n\n### Outlook and Impact\nFor future outlook, please refer to the \"Notice Regarding Revision of Earnings Guidance\" published on the same date, which is expected to provide details on the impact to the financial results. The finalized accounting treatment related to the transfer may have a negative impact on this fiscal period's financial indicators.","jir_financial_highlights":"Other expenses: 15.6 hundred million yen (To be recorded in the interim consolidated accounting period of the fiscal year ending March 2027)","jir_category":"","jir_hashtags":"#OfficialJTEKTInformationExcluded","jir_key_figures":"Other expenses: 15.6 hundred million yen\nTransfer completion date: 2026-07-31 (transfer executed and completed)\nInterim consolidated accounting period: Fiscal year ending March 2027","jir_meta_title":"JTEKT Corporation: Notice Confirming Expense Recognition Related to Transfer of European Automotive Business | October 2026","jir_meta_description":"JTEKT Corporation announced that, following completion of the transfer of its European automotive business, it expects to record 15.6 billion yen in other expenses in the interim consolidated results for the fiscal year ending March 2027. Refer to upcoming revisions to earnings guidance for details.","jir_og_title":"JTEKT Corporation: Notice Confirming Expense Recognition Related to Transfer of European Automotive Business | October 2026","jir_og_description":"JTEKT Corporation has finalized the expense recognition following the completion of the European automotive business transfer. 15.6 billion yen in other expenses will be recorded. Check the revised earnings guidance for further details.","jir_og_image_url":"\/assets\/og\/company-tender_offer.jpg","jir_chart_data_collection":"[]","ir_related_company":7814,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"tender_offer","footnotes":""},"sector":[],"importance":[],"class_list":["post-136243","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n