Losses of 24.4 billion yen (consolidated, other expenses), 28.6 billion yen (allowance for doubtful accounts), and 32.2 billion yen (extraordinary losses) expected due to the transfer of the European automotive business. Full-year earnings guidance revised to operating income of 22.0 billion yen (60.0% decrease from previous forecast).<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","meta":{"Ticker":"","DATE":"","longName":"","company_name_ja":"","fullTimeEmployees":0,"address":"","phone":"","website":"","industry":"","sector":"","regularMarketPrice":0,"financialCurrency":"","marketCap":0,"fiftyTwoWeekLow":0,"fiftyTwoWeekHigh":0,"epsTrailingTwelveMonths":0,"epsForward":0,"bookValue":0,"totalRevenue":0,"OperatingIncome":0,"operatingMargins":0,"NetIncome":0,"profitMargins":0,"ebitda":0,"trailingPE":0,"forwardPE":0,"priceToBook":0,"returnOnEquity":0,"recommendationMean":0,"recommendationKey":"","targetMeanPrice":0,"numberOfAnalystOpinions":0,"analyst_earnings_data":"","dividendRate":0,"dividendYield":0,"payoutRatio":0,"totalEsg":0,"environmentScore":0,"socialScore":0,"governanceScore":0,"title":"","providerPublishTime":"","link":"","longBusinessSummary":"","longBusinessSummary_ja":"","quarterly_revenue":0,"quarterly_net_income":0,"quarterly_operating_profit":0,"enterprise_value":0,"company_officer_1_name":"","company_officer_1_title":"","company_officer_2_name":"","company_officer_2_title":"","company_officer_3_name":"","company_officer_3_title":"","company_officer_4_name":"","company_officer_4_title":"","company_officer_5_name":"","company_officer_5_title":"","company_officers_update_time":"","get_dividend_history_year1":0,"get_dividend_history_year2":0,"get_dividend_history_year3":0,"get_dividend_history_year4":0,"get_dividend_history_year5":0,"get_dividend_history_year6":0,"get_dividend_history_year7":0,"get_dividend_history_year8":0,"get_dividend_history_year9":0,"get_dividend_history_year10":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"jir_stock_code":"6473","jir_company_name":"JTEKT Corporation","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-03-19","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/03\/6473-20260319-01.pdf","jir_short_summary":"Losses of 24.4 billion yen (consolidated, other expenses), 28.6 billion yen (allowance for doubtful accounts), and 32.2 billion yen (extraordinary losses) expected due to the transfer of the European automotive business. Full-year earnings guidance revised to operating income of 22.0 billion yen (60.0% decrease from previous forecast).","jir_summary":"### Regarding the Recording of Other Expenses and Extraordinary Losses\nIn the consolidated financial statements for the fiscal year ending March 2026, a loss of 24.4 billion yen (other expenses) related to the transfer of the European automotive business is expected to be recorded. Additionally, in the non-consolidated financial statements, an allowance for doubtful accounts of 28.6 billion yen (non-operating expenses) is anticipated due to the financial deterioration of European subsidiaries, along with extraordinary losses of 32.2 billion yen related to the transfer. These items pertain to the transfer of the European automotive business and are expected to have a limited impact on the consolidated financial results.\n\n### Regarding the Revision of Earnings Guidance\nThe full-year consolidated earnings guidance for the fiscal year ending March 2026 has been revised: revenue remains unchanged at 1.88 trillion yen, and operating profit has been upwardly revised to 680 billion yen (a 4.6% increase from the previous forecast). Conversely, operating income is significantly revised downward to 220 billion yen (a 60.0% decrease from the previous forecast), ordinary income to 220 billion yen (a 60.0% decrease), and net income attributable to owners of parent to 100 billion yen (a 60.0% decrease). These revisions reflect losses related to the transfer of the European automotive business and expenses associated with business structure reforms.","jir_financial_highlights":"Other Expenses (Consolidated Financial Statements): 24.4 billion yen (Unknown)\nAllowance for Doubtful Accounts (Non-Consolidated Financial Statements): 28.6 billion yen (Unknown)\nExtraordinary Losses (Non-Consolidated Financial Statements): 32.2 billion yen (Unknown)\nRevenue (Full-Year Consolidated Earnings Guidance): 1,880 billion yen (0.0% from previous forecast)\nOperating Profit (Full-Year Consolidated Earnings Guidance): 68.0 billion yen (+4.6% from previous forecast)\nOperating Income (Full-Year Consolidated Earnings Guidance): 22.0 billion yen (60.0% decrease from previous forecast)\nOrdinary Income (Full-Year Consolidated Earnings Guidance): 22.0 billion yen (60.0% decrease from previous forecast)\nNet Income Attributable to Owners of Parent (Full-Year Consolidated Earnings Guidance): 10.0 billion yen (60.0% decrease from previous forecast)\nBasic Earnings per Share (Full-Year Consolidated Earnings Guidance): 31.41 yen (Unknown)","jir_category":"","jir_hashtags":"#JTEKTCorporation, #EarningsGuidanceRevision, #JapaneseStocks","jir_key_figures":"Consolidated loss related to transfer of European automotive business: 24.4 billion yen\nAllowance for doubtful accounts (Non-Consolidated): 28.6 billion yen\nExtraordinary losses (Non-Consolidated): 32.2 billion yen\nOperating Income (Revised Forecast): 22.0 billion yen (60.0% decrease from previous forecast)\nNet Income Attributable to Owners of Parent (Revised Forecast): 10.0 billion yen (60.0% decrease from previous forecast)","jir_meta_title":"JTEKT Corporation Revises Fiscal Year March 2026 Earnings Guidance to Operating Income of 22.0 Billion Yen, Down 60%","jir_meta_description":"JTEKT Corporation has revised its fiscal year ending March 2026 operating income guidance downward to 22.0 billion yen, a 60% decrease from the previous forecast, due to expected total losses of 85.2 billion yen related to the transfer of its European automotive business.","jir_og_title":"JTEKT Significantly Revises Fiscal Year March 2026 Earnings Guidance","jir_og_description":"Operating income guidance revised down 60% following total loss recognition of 85.2 billion yen from transfer of European automotive business.","jir_og_image_url":"\/assets\/og\/company-financial_summary.jpg","jir_chart_data_collection":"[]","ir_related_company":7814,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"financial_summary","footnotes":""},"sector":[],"importance":[],"class_list":["post-35438","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n