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Jtekt Corp. Country: Japan
1, Asahimachi 1-chome, Kariya, Aichi Pref. 448-8652, Japan. Phone +81-566-25-5171.
www.jtekt.co.jp Brands: Toyoda, Koyo
Listed: Tokyo Exchange, Code 6473
Grinders, machining centers, special-purpose machine tools (largely automotive). Formed 2006 in merger of Koyo Seiko Co. Ltd. and Toyoda Machine Works, Ltd., both approx. one-quarter owned by Toyota Motor. Main products are automotive steering systems (world's 2d largest producer), driveline components, bearings.
Values in Millions
Fiscal Year Ended Mar. 2010 Change Mar. 2009 Change Mar. 2008
Total Consolidated Revenue, ¥ 769,682.0 -24% 1,017,071.0 -12% 1,157,594.0
M-T Revenue, ¥ 138,542.8 -24% 183,072.8 5% 173,639.1
Net Profit (Loss), ¥ (19,413.0) (11,954.0) -128% 43,446.0
U.S. $ Conversion Factor 0.01078 0.01000 0.00878
Total Consolidated Revenue, $ 8,297.2 -18% 10,170.7 0% 10,163.7
M-T Revenue, U.S. $ 1,493.5 -18% 1,830.7 20% 1,524.6
Net Profit (Loss), U.S. $ (209.3) (119.5) -131% 381.5
Financial Notes:
'M-T Revenue' is estimated at 18% of total consolidated revenue in yen, based on report from previous year.