- Business
- JTEKT Corporation manufactures and sells steering systems, driveline components, bearings, machine tools, electronic control devices, and home accessory equipment. The company produces electric power steering (EPS) systems, steer-by-wire technologies, constant velocity joints (CVJs), needle roller bearings under the KOYO brand, precision grinding machines, and fluid power systems including compressors and heat treatment furnaces; it also offers motion controllers, IoE solutions for production efficiency, and advanced manufacturing equipment for automotive, industrial, and aerospace applications. JTEKT operates globally with production facilities and sales networks in North America, Europe, Asia, and other regions, serving major automotive manufacturers and industrial clients.
Founded in 2006 through the merger of Koyo Seiko Co., Ltd. (established 1921) and Toyoda Machine Works, Ltd., the company maintains its headquarters in Kariya, Aichi Prefecture, Japan, with key subsidiaries including JTEKT North America, JTEKT Machine Systems Corporation, JTEKT Fluid Power Systems Corporation, and JTEKT Precision Bearing Corporation.
In recent developments, JTEKT unified all business brands including KOYO and TOYODA under JTEKT in 2022, enhancing global operational efficiency; integrated Koyo Machinery USA into JTEKT Machinery operations in late 2025 as part of its brand unification initiative; established a CN laboratory at its head office in June 2024; reached an agreement in December 2024 to transfer its European needle roller bearings business to financial investor Aequita; and formulated the "2030 Environmental Action Plan" in October 2025 while receiving the highest A rating in CDP 2024's climate change category. JTEKT India approved capacity expansion for CVJ forging parts in 2024, targeting 1.4 million units with a new Gujarat facility slated for completion by early 2028. These moves reflect strategic expansions in high-growth areas like electrification and sustainability amid restructuring select operations.