JTEKT Corporation Trading Update
Stock Performance
- JTEKT (ticker 6473.T) closed down 2.67 % during the 24‑hour period ending at 09:27 PM Central Europe on Friday 23 Feb 2026.
- Current trading price is approximately JPY 2,041 per share.
- Market capitalization stands at JPY 666.6 billion.
- Total shares outstanding: 327.1 million.
- Trading volume in the last 24 hours: JPY 2.3 billion.
- Since the close of the previous month, the share price has declined 2.16 %.
Technical Indicators
- 200‑day simple moving average: JPY 1,974.36.
- 52‑week high: JPY 2,264.5 (recorded on 31 July 2026).
- 52‑week low: JPY 1,481.5 (recorded on 31 Oct 2025).
Expansion of Constant Velocity Joint Production in India
JTEKT Corp. announced plans to expand its Constant Velocity Joint (CVJ) production capacity in India. The expansion will add approximately 0.8 million units to the existing line, increasing total capacity to around 2 million units. The upgrade is expected to be completed by August 2028.
Funding for the project will derive from a mix of internal accruals and external borrowing. Final investment figures will be confirmed by the board of directors. The expansion aligns with JTEKT’s strategy to strengthen its manufacturing presence in key growth markets, particularly in response to increasing demand from fast‑growing Indian original equipment manufacturers.
Recent Performance of Related Stocks
| Company | Ticker | 24‑hr change | Current price (JPY) | Market cap (JPY bn) | P/E ratio |
|---|---|---|---|---|---|
| Amada | 6113.T | –2.68 % | 2,301.5 | 753.8 | 22.23 |
| Tosoh | 4042.T | –1.84 % | 2,551.5 | 795.1 | 14.48 |
| Azbil | 6845.T | –0.82 % | 1,498.5 | 755.6 | 19.68 |
| Yamazaki Baking | 2212.T | +0.23 % | 3,922 | 761.6 | 18.18 |
| Sapporo Breweries | 2501.T | +0.69 % | 2,014.5 | 762 | 91.43 |
Company Profile
JTEKT Corporation, headquartered in Kariya, Japan, is a manufacturer of bearings for motor vehicles and electronic equipment. The company also produces steering systems, oil seals for automobiles, electronic control units, and machine tools. JTEKT is listed on the Tokyo Stock Exchange and was originally listed on 1 May 1949. Further information is available on the company’s website, www.jtekt.co.jp .