JTEKT Corp - Company Profile
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JTEKT Corp (JTEKT) is an equipment company that manufactures and commercializes power steering systems. The company designs, develops, and markets automotive components, bearings, and machine tools. The company's product offerings include steering systems, bearings, chassis-related parts, unit products and precision machinery, gear skiving centers and self-manufacturing control systems, among others. It offers products and services in automotive, railway, aerospace, construction machinery, steel, aviation, agricultural machinery, and wind power generation sectors in Asia Pacific, South America, North America, Europe, and other regions. The company has manufacturing plants, sales offices, and other facilities across the world. JTEKT is headquartered in Osaka, Japan.
Headquarters
Japan
Address
1-1, Asahi-Machi, Kariya-Shi, Aichi, 448-8652
Website
www.jtekt.co.jp
Telephone
81 566 257211
No of Employees
46,053
Industry
Automotive
Ticker Symbol & Exchange
6473 (TYO)
Revenue (2022)
$12.4B
17.5%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
65.7%
(2022 vs 2021)
Market Cap*
$3.2B
Net Profit Margin (2022)
XYZ
40.7%
(2022 vs 2021)
* As of and is in US$
JTEKT Corp premium industry data and analytics
Products and Services
| Products | Brands |
|---|---|
| Automotive Components | Koyo |
| Steering system | Toyoda |
| Drive line | JTEKT |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | New Products/Services | In March, the company launched a new ONI BEARING for bottom brackets. |
| 2023 | Financing Agreements | In December, JTEKT North America invested US$48.4 million to expand its manufacturing operation in Greenville, South Carolina, the US. |
| 2023 | Contracts/Agreements | In November, JTEKT North America Corporation signed a virtual power purchase agreement with Greenalia under which Greenalia will build a new solar power plant in Texas. |
Competitor Comparison
| Key Parameters | JTEKT Corp | ZF Friedrichshafen AG | MinebeaMitsumi Inc | Proterial Ltd | NSK Ltd |
|---|---|---|---|---|---|
| Headquarters | Japan | Germany | Japan | Japan | Japan |
| City | Kariya-Shi | Friedrichshafen | Kitasaku-Gun | Koto-Ku | Shinagawa-Ku |
| State/Province | Aichi | Baden-Wurttemberg | Nagano | Tokyo | Tokyo |
| No. of Employees | 46,053 | 151,895 | 87,752 | 26,496 | 29,882 |
| Entity Type | Public | Private | Public | Private | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Kazuhiro Sato | Director; President | Executive Board | 2020 | 66 |
| Makoto Sano | Chief - Production Support Unit; Director | Executive Board | - | - |
| Shinji Kato | Director; Senior Executive Officer | Executive Board | 2021 | 63 |
| Kazuhisa Makino | Senior Executive Officer; Director | Executive Board | 2021 | 64 |
| Takumi Matsumoto | Director; Senior Executive Officer | Executive Board | 2021 | 61 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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