- CEO
- Yoshihito Kondo
- Full Time Employees
- 43,233
- Sector
- Producer manufacturing
- Industry
- Auto parts: OEM
- Address
- 1-1, Asahi-machi Kariya AIC Japan 448-8652
- IPO Date
- May 16, 1949
- Business
- JTEKT Corporation manufactures and sells automotive and industrial components, including steering systems such as electric power steering and steer-by-wire systems, driveline components like constant velocity joints, bearings under the KOYO brand, machine tools, electronic control devices, and home accessory equipment. The company operates through four main segments: Steering, Driveline & Bearings, Machine Tools, and IoE Solutions, serving original equipment manufacturers primarily in the automotive, aerospace, energy, and precision manufacturing industries worldwide with production facilities, research centers, and sales networks across Japan, North America, Europe, Asia, and other regions. Founded in 2006 through the merger of Koyo Seiko Co., Ltd. and Toyoda Machine Works, Ltd., JTEKT maintains its head office in Kariya, Aichi Prefecture, Japan.
JTEKT offers a diverse portfolio of bearings encompassing ball bearings, roller bearings, needle roller bearings, and specialized types for automotive, industrial, and aerospace applications; steering products including hydraulic power steering, electric power steering motors and mechanisms, and advanced steer-by-wire technologies; driveline components such as starter clutch systems and propeller shafts; precision machine tools like grinding machines under the TOYODA brand and WELE MECHATRONICS; electronic controls and sensors; and IoE solutions integrating equipment, people, and information for smart manufacturing efficiency. The company targets global OEMs, Tier 1 suppliers, and industrial partners, with consolidated sales reaching 1,884,397 million yen for the fiscal year ended March 31, 2025.
In recent developments, JTEKT unified all business brands including KOYO and TOYODA under JTEKT in April 2022, established a CN laboratory at its head office premises in June 2024, and in December 2024 signed a basic agreement to transfer its European needle roller bearings business—operating four facilities in Germany, France, and the Czech Republic—to Aequita SE & Co. as part of global restructuring under its second medium-term management plan. The company formulated its 2030 Environmental Action Plan in October 2025, announced a new Mission, Vision, and Value statement, and achieved the highest A rating in the climate change category of CDP 2024. JTEKT continues to expand through subsidiaries like JTEKT India Limited's capacity investments and ongoing innovations such as high-precision grinding machines in the G series.