JTEKT (JP:6473) has released an update.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter
JTEKT Corporation has revised its full-year financial forecasts, anticipating lower revenue and profits due to recent demand trends in the automotive industry. The company also announced an increase in its dividend per share, reflecting a new policy targeting a Dividend on Equity of 2-3%. This strategic adjustment aims to provide stable returns to shareholders despite the challenging market conditions.
For further insights into JP:6473 stock, check out TipRanks’ Stock Analysis page.