kabutan

JTEKT, First Half Net Income Increases by 95%, Jul-Sep Net Income Turns to Profit

Fri Oct 31, 2025 3:00 pm JST Earnings

6473 JTEKT Corporation 【IFRS】

Earnings Report

JTEKT Corporation <6473> [TSE Prime] announced its financial results (based on IFRS) in the afternoon session on October 31st (15:00). The consolidated net income for the cumulative second quarter of the fiscal year ending March 2026 (April to September) expanded 12.1 billion yen, an increase 95.2% compared to the same period last year. Progress toward the full-year plan of 20.0 billion yen was 60.8%, also surpassing the five-year average of 42.8%.

Based on the first-half performance announced by the company and the full-year plan, our calculation indicates that the consolidated net income for the October to March period (second half) is expected to grow 4.7% from the same period last year, reaching 7.83 billion yen.

In the most recent three-month period, from July to September (2Q), the consolidated net income/loss turned to a profit of 5.65 billion yen (compared to a loss of 4.58 billion yen in the same period last year). However, the operating profit margin worsened from 3.2% in the same period last year to 2.6%.

Kabutan News

Actual Results

Accumulated Results 2nd Quarter
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Progress Rate vs. First Half Announce Accounting Standards
Apr - Sep, 2023 922,231 34,623 41,517 23,114 67.4 57.3 Oct 31, 2023 IFRS
Apr - Sep, 2024 918,479 25,540 19,499 6,231 18.2 63.2 Oct 31, 2024 IFRS
Apr - Sep, 2025 930,175 26,054 23,675 12,163 38.2 52.6 Oct 31, 2025 IFRS
YoY +1.3% +2.0% +21.4% +95.2% +110.3%

First Half Results vs. Previous Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Apr - Sep, 2025 Guidance ー ー ー ー － 30 Apr 25, 2025 IFRS
Apr - Sep, 2025 Results 930,175 26,054 23,675 12,163 38.2 30 Oct 31, 2025 IFRS
Revision Rate － － － － －

Guidance Update

Full Year Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2026 Prev 1,770,000 50,000 45,000 20,000 62.8 60 Apr 25, 2025 IFRS
Mar, 2026 New 1,840,000 50,000 45,000 20,000 62.8 60 Oct 31, 2025 IFRS
Revision Rate +4.0% 0.0% 0.0% 0.0% 0.0%

Current Period Guidance

Second Half Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Oct - Mar, 2024 965,918 12,912 11,377 7,482 22.0 25 Apr 25, 2025 IFRS
Oct - Mar, 2025 Guidance 909,825 23,946 21,325 7,837 24.6 30 Oct 31, 2025 IFRS
YoY -5.8% +85.5% +87.4% +4.7% +11.8%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2024 1,891,504 62,196 72,513 40,257 117.4 36 Apr 26, 2024 IFRS
Mar, 2025 1,884,397 38,452 30,876 13,713 40.4 50 Apr 25, 2025 IFRS
Mar, 2026 Guidance 1,840,000 50,000 45,000 20,000 62.8 60 Oct 31, 2025 IFRS
YoY -2.4% +30.0% +45.7% +45.8% +55.7%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jul - Sep, 2024 454,422 14,396 2,741 -4,582 -13.4 3.2 Oct 31, 2024 IFRS
Oct - Dec, 2024 466,587 9,466 9,590 3,716 10.8 2.0 Jan 31, 2025 IFRS
Jan - Mar, 2025 499,331 3,446 1,787 3,766 11.1 0.7 Apr 25, 2025 IFRS
Apr - Jun, 2025 454,794 13,526 10,323 6,510 20.5 3.0 Jul 31, 2025 IFRS
Jul - Sep, 2025 475,381 12,528 13,352 5,653 17.8 2.6 Oct 31, 2025 IFRS
YoY +4.6% -13.0% +387.1% － －

Related Articles