JTEKT Raises Full-Year Profit Forecast on Weaker Yen and Stronger Margins

JTEKT ( (JP:6473) ) just unveiled an update.

JTEKT Corporation revised upward its full-year consolidated earnings forecast for the fiscal year ending March 31, 2026, citing third-quarter results, updated foreign exchange assumptions, and recent market conditions. The company now projects revenue of ¥1.88 trillion, business profit of ¥65 billion, operating profit of ¥55 billion, profit before income taxes of ¥55 billion, and profit attributable to owners of the parent of ¥25 billion, all above the previous forecast and implying double-digit percentage growth in key profit metrics and a higher earnings per share outlook of ¥78.54. While revenue is expected to be roughly in line with the prior year, the stronger profit guidance suggests improved margins and operational efficiency, supported in part by a weaker yen with new assumptions of ¥150 to the U.S. dollar and ¥173 to the euro for the full year (and even weaker rates in the fourth quarter), which should benefit JTEKT’s export-oriented business and may be viewed positively by investors and other stakeholders.

The most recent analyst rating on (JP:6473) stock is a Buy with a Yen2147.00 price target. To see the full list of analyst forecasts on JTEKT stock, see the JP:6473 Stock Forecast page.

More about JTEKT

JTEKT Corporation is a Japan-based manufacturer listed on the Tokyo and Nagoya stock exchanges, operating primarily in the automotive and industrial machinery sectors. The company supplies key components such as steering systems, bearings, driveline products, and machine tools to global automakers and industrial customers, with performance sensitive to foreign exchange movements and global manufacturing demand.

Average Trading Volume: 1,144,122

Technical Sentiment Signal: Buy

Current Market Cap: Yen579.2B

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