An update from JTEKT ( (JP:6473) ) is now available.
JTEKT Corporation has revised its full-year financial forecasts for the fiscal year ending March 31, 2025, reflecting an expected increase in revenue and profits. The revisions are attributed to successful cost improvements, recovery from customers for cost increases, and tax benefits from improved profitability in India and tax refunds in the United States, indicating a positive outlook for the company’s financial performance.
More about JTEKT
JTEKT Corporation is a company listed on the Tokyo and Nagoya stock exchanges, known for its operations in the manufacturing industry. The company specializes in producing automotive components, bearings, and machine tools, with a focus on enhancing its market presence through technological innovation and strategic business improvements.
YTD Price Performance: -8.39%
Technical Sentiment Signal: Buy
Current Market Cap: $2.13B
See more data about 6473 stock on TipRanks’ Stock Analysis page.