JTEKT, Last Fiscal Year Net Income Revised Upward by 2.6 times

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Wed Apr 23, 2025 10:30 am JST Revision

6473 JTEKT Corporation 【IFRS】

Guidance Update Report

JTEKT Corporation <6473> [TSE Prime] announced a performance revision in the morning on April 23rd (10:30). The consolidated net income for the fiscal year ending March 2025 has been revised upward 2.6 times, from the previous forecast of 5 billion yen to 13 billion yen (compared to 40.2 billion yen in the previous period), and the declining rate is expected to decrease from 87.6% to 67.7%.

Based on the upwardly revised full-year plan announced by the company, our calculation indicates that the October to March period (2H) consolidated net income has been revised upward from an expected loss of 1.23 billion yen to a profit of 6.76 billion yen (compared to a profit of 17.1 billion yen in the same period of the previous year), turning to a profit.

Kabutan News

Guidance Update

Second Half Update

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Oct - Mar, 2024 Prev	941,521	ー	7,501	-1,231	-3.9	25	Jan 31, 2025	IFRS
Oct - Mar, 2024 New	961,521	ー	10,501	6,769	19.9	25	Apr 23, 2025	IFRS
Revision Rate	+2.1%	－	+40.0%	－	－

Full Year Update

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2025 Prev	1,860,000	ー	27,000	5,000	15.7	50	Jan 31, 2025	IFRS
Mar, 2025 New	1,880,000	ー	30,000	13,000	38.3	50	Apr 23, 2025	IFRS
Revision Rate	+1.1%	－	+11.1%	+160.0%	+143.5%

Current Period Guidance

Second Half Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Oct - Mar, 2023	969,273	27,573	30,996	17,143	50.0	20	Apr 26, 2024	IFRS
Oct - Mar, 2024 Guidance	961,521	ー	10,501	6,769	19.9	25	Apr 23, 2025	IFRS
YoY	-0.8%	－	-66.1%	-60.5%	-60.1%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2023	1,678,146	49,325	55,889	34,276	99.9	30	Apr 27, 2023	IFRS
Mar, 2024	1,891,504	62,196	72,513	40,257	117.4	36	Apr 26, 2024	IFRS
Mar, 2025 Guidance	1,880,000	ー	30,000	13,000	38.3	50	Apr 23, 2025	IFRS
YoY	-0.6%	－	-58.6%	-67.7%	-67.4%