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Jtekt Corp (6473.T)

6473.T on Tokyo Stock Exchange

1,667JPY
26 Jul 2017
Change (% chg)

¥21 (+1.28%)
Prev Close
¥1,646
Open
¥1,666
Day's High
¥1,677
Day's Low
¥1,657
Volume
1,306,200
Avg. Vol
1,487,653
52-wk High
¥2,000
52-wk Low
¥1,294

Latest Key Developments (Source: Significant Developments)

JTEKT to set up electric power steering manufacturing unit in Morocco
Wednesday, 28 Jun 2017 02:33am EDT 

June 28 (Reuters) - JTEKT Corp <6473.T> ::* Says it plans to set up a wholly owned electric power steering system manufacturing unit in Morocco, named as Jtekt Automotive Morocco S.A.S.(Jamo), with investment amount of about 3.1 billion yen .  Full Article

Jtekt announces decision of Korea Fair Trade Commission
Monday, 26 Jun 2017 01:11am EDT 

June 26(Reuters) - Jtekt Corp <6473.T>:Says it received corrective action order and 533 million won (about 52 million yen)surcharge order from Japan Fair Trade Commission on June 26 (Korea local time), due to violation of the monopoly regulation and fair trade related laws.Says it is expected to be exempted from the charges.  Full Article

Jtekt offers takeover bid for Fuji Kiko shares
Friday, 28 Apr 2017 03:42am EDT 

April 28 (Reuters) - Fuji Kiko Co Ltd <7260.T>:* Says Jtekt Corp <6473.T> offered a takeover bid for 35.3 million shares (or no less than 17.6 million shares) .* Offered purchase price at 740 yen per share, or 26.1 billion yen in total .* Says Jtekt Corp aims to hold 100 percent voting power of the company .  Full Article

Sona Koyo agrees to sell 49.9 mln shares to JTEKT Corp
Wednesday, 1 Feb 2017 05:43am EST 

Sona Koyo : says Sona Autocomp has agreed to sell 49.9 million shares of co to JTEKT Corp .says deal at offer price of INR 84.00 per equity share.  Full Article

R&I affirms Jtekt's rating at "A" and announces stable outlook – R&I
Tuesday, 15 Nov 2016 01:20am EST 

Jtekt Corp <6473.T> : Rating and Investment Information, Inc. (R&I) affirmed the company's rating at "A" – R&I .Rating outlook stable– R&I.  Full Article

JTEKT announces change of chairman
Thursday, 3 Mar 2016 03:00am EST 

JTEKT Corp:Appoints Seiichi Sudo as new chairman of the board of the co to replace Atsushi Niimi, effective on June 28.  Full Article

JTEKT raises consolidated full-year outlook and year-end dividend forecast for FY 2016
Friday, 30 Oct 2015 12:20am EDT 

JTEKT Corp:Says the company increased the consolidated full-year outlook for revenue to 1,410,000 mln yen from 1,370,000 mln yen, for the fiscal year ending March 31, 2016.Operating profit forecast increased to 82,000 mln yen from 78,000 mln yen.Ordinary profit forecast increased to 85,000 mln yen from 80,000 mln yen.Net profit forecast increased to 53,000 mln yen from 49,000 mln yen.Earnings per share increased to 154.53 yen from 142.86 yen.FY 2016 revenues of 1,421.82 billion yen, net income of 54.85 billion yen – Thomson Reuters I/B/E/S.Comments the improved sales due to the yen devaluation as the main reason for the forecast.To issue a mid-year dividend of 21 yen per share to all the shareholders of record as of Sep. 30, for the fiscal year ending March 2016.Payment date Nov. 30.Says the dividend is above latest forecast of 17 yen per share.Says it raised the year-end dividend forecast to 21 yen per share from 17 yen per share for the fiscal year ending March 2016.  Full Article

R&I affirms JTEKT Corp's rating at "A" and announces stable outlook
Thursday, 29 Oct 2015 02:00am EDT 

JTEKT Corp:R&I affirms JTEKT Corp's rating at "A" and announces stable outlook.  Full Article

BRIEF- Jtekt acquires shares of Sona Koyo Steering Systems for 14.8 bln yen

* Says it acquired 50.4 percent stake in India-based firm Sona Koyo Steering Systems Ltd for 14.8 billion yen in total