KK JTEKT

6473

Equity

ISIN JP3292200007 / Valor 762346

Tokyo Stock Exchange (2024-12-25)

JPY 1,137.50+0.22%

KK JTEKT
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About company

KK JTEKT, known by its Valor number 762346, is a publicly traded company. The stock of the company is available through the stock provider Tokyo Stock Exchange. As of 25.12.2024, the current price of the stock is JPY 1137.5. The latest price change for this stock is 0.22%, which reflects the market’s response to various factors such as company performance, industry trends, and global economic conditions. The company has been evaluated by users of Umushroom, and has received a rating of 0.00 stars.

Summarized from source with an LLMView SourceSector: Industrials

Revenue Growth

KK JTEKT's revenue for the fiscal year ended March 2024 increased significantly to 1,891.5 billion yen, up from 1,678.1 billion yen in the previous fiscal year. This growth was driven by the easing impact of COVID-19, recovery from semiconductor shortages, and favorable exchange rates.

Business Profit

KK JTEKT reported a business profit of 72.8 billion yen for the fiscal year ended March 2024, an increase from 62.6 billion yen in the previous year. The increase in business profit was attributed to higher revenue, steady cost reduction activities, and favorable exchange rates, despite investments in future growth areas such as human resources and R&D.

Regional Performance

KK JTEKT saw sales increases in all regions except China for the fiscal year ended March 2024. Profit increased in Japan, North America, and Asia & Others due to favorable exchange rates and cost reduction activities. However, sales in China decreased, impacting overall regional performance.

Dividends

For the fiscal year ended March 2024, KK JTEKT declared a year-end dividend of 20 yen per share, bringing the total annual dividend to 36 yen per share. The company also announced an expected dividend of 30 yen per share for the fiscal year ending March 2025, with an interim dividend of 15 yen and a year-end dividend of 15 yen.

Future Outlook

Looking ahead to the fiscal year ending March 2025, KK JTEKT forecasts revenue of 1,930 billion yen and a business profit of 75 billion yen. Despite an uncertain market environment, the company plans to continue its cost reduction activities and make necessary investments for future growth, including in HR, R&D, and IT.

Summarized from source with an LLMView Source

Key figures

-5.13%1Y

13.4%3Y

-13.0%5Y

Performance

35.6%1Y

32.5%3Y

37.5%5Y

Volatility