JTEKT Corporation (JP:6473)
:6473
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JTEKT
(6473)
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Rating:63Neutral
Price Target:
¥1,715.00
▼(-4.88% Downside)
Action:DowngradedDate:02/05/26
The score is primarily constrained by thin/volatile profitability and uneven free cash flow despite strong recent revenue growth and a solid balance-sheet profile. Technicals are supportive with an uptrend across major moving averages, while valuation is mixed—an attractive dividend yield but a P/E that looks high relative to earnings and cash-flow quality.
Positive Factors
Diversified product mix
Operating across bearings, steering systems and machine tools gives JTEKT diversified end markets and revenue streams. This reduces reliance on any single segment, supports cross-selling, and preserves durable order flow from both automotive OEMs and industrial customers over multiple cycles.
Negative Factors
Thin, volatile margins
Persistent low EBIT and net margins limit internal reinvestment and buffer against downturns. Profitability sensitivity to costs and volumes means earnings can swing materially across reporting periods, reducing predictability of sustainable cash returns to shareholders.
Read all positive and negative factors
Positive Factors
Negative Factors
Diversified product mix
Operating across bearings, steering systems and machine tools gives JTEKT diversified end markets and revenue streams. This reduces reliance on any single segment, supports cross-selling, and preserves durable order flow from both automotive OEMs and industrial customers over multiple cycles.
Read all positive factors
JTEKT (6473) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥561.86B
Dividend Yield3.18%
Average Volume (3M)1.13M
Price to Earnings (P/E)15.0
Beta (1Y)1.26
Revenue Growth0.44%
EPS Growth-11.36%
CountryJP
Employees45,717
SectorConsumer Cyclical
Sector Strength84
IndustryAuto - Parts
Share Statistics
EPS (TTM)28.86
Shares Outstanding318,608,100
10 Day Avg. Volume1,122,470
30 Day Avg. Volume1,129,163
Financial Highlights & Ratios
PEG Ratio-0.43
Price to Book (P/B)0.51
Price to Sales (P/S)0.20
P/FCF Ratio-47.53
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)135.08
Revenue Forecast (FY)¥1.93T
JTEKT Business Overview & Revenue Model
Company Description
JTEKT Corporation manufactures and sells steering systems, driveline components, bearings, machine tools, electronic control devices, home accessory equipment, etc. It offers steering systems, such as electric power steering, hydraulic power steer...
How the Company Makes Money
JTEKT primarily makes money by manufacturing and selling (1) steering systems, (2) bearings, and (3) machine tools and related equipment/services to automotive OEMs, automotive parts suppliers, and industrial customers. In steering, revenue is gen...
JTEKT Financial Statement Overview
Summary
Income Statement
64
Positive
Balance Sheet
72
Positive
Cash Flow
48
Neutral
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 1.90T | 1.88T | 1.89T | 1.68T | 1.43T | 1.25T |
| Gross Profit | 294.81B | 315.62B | 317.75B | 285.11B | 235.83B | 198.67B |
| EBITDA | 147.82B | 135.27B | 143.88B | 121.14B | 107.62B | 78.97B |
| Net Income | 25.11B | 13.71B | 40.26B | 34.28B | 20.68B | 800.00M |
Balance Sheet | ||||||
| Total Assets | 1.59T | 1.57T | 1.63T | 1.44T | 1.39T | 1.29T |
| Cash, Cash Equivalents and Short-Term Investments | 130.46B | 119.06B | 167.02B | 123.85B | 124.25B | 118.64B |
| Total Debt | 243.90B | 248.36B | 250.84B | 263.34B | 268.50B | 291.49B |
| Total Liabilities | 775.23B | 787.92B | 805.74B | 740.62B | 726.04B | 706.21B |
| Stockholders Equity | 777.45B | 745.04B | 788.98B | 667.23B | 624.01B | 550.91B |
Cash Flow | ||||||
| Free Cash Flow | 12.39B | -8.06B | 95.72B | 22.50B | 24.36B | 36.51B |
| Operating Cash Flow | 101.35B | 80.24B | 154.46B | 78.28B | 67.04B | 91.76B |
| Investing Cash Flow | -84.32B | -75.94B | -71.35B | -52.11B | -25.27B | -52.52B |
| Financing Cash Flow | -43.46B | -52.08B | -47.22B | -28.71B | -43.53B | -57.96B |
JTEKT Technical Analysis
Positive
1803.00
Price Trends
1822.77
Negative
1766.42
Negative
1556.34
Positive
Market Momentum
-23.09
Negative
52.25
Neutral
91.73
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:6473, the sentiment is Positive. The current price of 1803 is above the 20-day moving average (MA) of 1692.57, below the 50-day MA of 1822.77, and above the 200-day MA of 1556.34, indicating a neutral trend. The MACD of -23.09 indicates Negative momentum. The RSI at 52.25 is Neutral, neither overbought nor oversold. The STOCH value of 91.73 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:6473.
JTEKT Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
75 Outperform | ¥499.02B | 7.76 | 8.58% | 2.62% | 1.44% | -0.92% | |
74 Outperform | ¥520.01B | 11.33 | ― | 2.60% | 1.06% | -5.99% | |
68 Neutral | ¥572.67B | 28.26 | ― | 3.52% | 1.43% | 83.34% | |
67 Neutral | ¥5.32T | 10.20 | 6.98% | 2.98% | 2.41% | 11.03% | |
63 Neutral | ¥561.86B | 15.03 | 3.35% | 3.18% | 0.44% | -11.36% | |
61 Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% | |
54 Neutral | ¥1.69T | 14.23 | 8.34% | 2.03% | 4.33% | 524.86% |
* Consumer Cyclical Sector Average
JP:6473
JTEKT
1,765.00
853.48
93.63%
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JTEKT Corporate Events
JTEKT Takes ¥50bn Hit on European Auto Exit, Slashes Profit Outlook
Mar 19, 2026
JTEKT Corporation will book substantial one-off charges in fiscal 2025–26 linked to the transfer of its European automotive business, including a ¥24.4 billion loss on the divestment at the consolidated level and a ¥32.2 billion ex...
JTEKT Raises Expected Gain as Toyota Industries Tender Offer Price Is Increased
Mar 9, 2026
JTEKT announced an update to its previously disclosed plan to participate in a tender offer for all Toyota Industries Corporation shares it holds, following changes to the expected purchase price and offer period. The revised tender offer terms ra...
JTEKT to Transfer Loss-Making European Automotive Business in Strategic Restructuring
Feb 27, 2026
JTEKT has signed a basic agreement to transfer its European automotive business for OEM customers, including all shares of seven consolidated subsidiaries such as JTEKT EUROPE S.A.S., to Germany-based investment vehicle LEO III.-VV25-A GmbH, advis...
JTEKT to Tender Entire Toyota Industries Stake, Booking ¥34.1 Billion Extraordinary Gain
Feb 3, 2026
JTEKT Corporation has resolved to tender all 2,002,625 shares it holds in Toyota Industries Corporation into a tender offer launched by Toyota Fudosan, in line with its Second Medium-Term Business Plan to reduce policy-held listed shares. The dive...
JTEKT Raises Full-Year Profit Forecast on Weaker Yen and Stronger Margins
Feb 3, 2026
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 rev...
JTEKT Delivers Strong Profit Rebound and Raises Dividend on Stable Revenue
Feb 3, 2026
JTEKT Corporation reported a modest 1.3% year-on-year increase in revenue to ¥1.40 trillion for the nine months ended December 31, 2025, but achieved a sharp rebound in profitability, with business profit up 34.1%, profit before income taxes ...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.