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JTEKT ( (JP:6473) ) just unveiled an announcement.
JTEKT Corporation has revised its full-year financial forecast for the fiscal year ending March 31, 2025. The company expects higher revenue and business profit due to positive market conditions and inflation adjustments. However, anticipated restructuring costs in its European bearings business have led to a projected decrease in profit before income taxes and profit attributable to owners.
More about JTEKT
JTEKT Corporation is a Japanese company listed on the Tokyo and Nagoya stock exchanges, primarily engaged in the manufacturing industry, focusing on automotive components, bearings, and machine tools.
YTD Price Performance: -0.34%
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $2.51B
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