JTEKT ( (JP:6473) ) has provided an update.
JTEKT Corporation reported a decline in its financial performance for the fiscal year ended March 31, 2025, with a decrease in revenue by 0.4% and a significant drop in profit before income taxes by 57.4% compared to the previous year. Despite the downturn, the company plans to increase its annual dividends per share, reflecting a commitment to shareholder returns. The forecast for the upcoming fiscal year indicates further challenges with expected declines in revenue and business profit, although an increase in operating profit is anticipated.
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 primarily focuses on producing automotive components, bearings, and machine tools, serving a global market with a significant presence in the automotive sector.
YTD Price Performance: -2.61%
Technical Sentiment Signal: Buy
Current Market Cap: $2.13B
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