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JTEKT adds structural reforms to achieve medium-term business plan targets
JTEKT adds structural reforms to achieve medium-term business plan targets Aiming to achieve targets in the “second-phase medium-term business plan” for the period through fiscal year 2026, JTEKT Corporation (JTEKT) will start additional structural reforms. JTEKT will improve capital efficiency by decreasing the number of its subsidiaries from the present 114 to around 100 through the consolidation or closure of bases and reducing the invento...
News Updated at: 2025/05/15
JTEKT develops integrated gear bearing JIGB
JTEKT develops integrated gear bearing JIGB JTEKT Corporation (JTEKT) announced that it has developed the JIGB (JTEKT Integrated Gear Bearing). This product integrates a gear and bearing, which are conventionally assembled as separate components due to different functional requirements, for use in automotive or industrial machinery applications. The inner raceway integrated type adds a bearing raceway to the outer diameter of the gear shaft, inte...
News Updated at: 2025/04/14
Jtekt concludes agreements to transfer shares in three NRB subsidiaries in Europe
Jtekt concludes agreements to transfer shares in three NRB subsidiaries in Europe Jtekt Corporation (Jtekt) announced that it has concluded a definitive agreement with a German-based financial investor AEQUITA to transfer its needle roller bearings (NRB) business in Europe, including all shares of Jtekt’s three consolidated subsidiaries engaged in the manufacture and sale of NRBs in Europe. As a part of the company’s second mid-term managemen...
News Updated at: 2025/03/03
Seven Toyota Group parts suppliers’ April-December 2024 financial results: six see revenue decrease
market is likely to continue. Toyoda Gosei Co., Ltd. (Toyoda Gosei) plans to reorganize its structure in the Chinese market. For the fiscal year that ends in March 2025 (FY 2024), Denso has increased its sales outlook, Toyoda Gosei has increased its sales, operating profit, and net profit outlook, JTEKT Corporation has raised its sales and operating profit outlook, and Toyota Industries, which expects an increase in financial revenue, has raised...
News Updated at: 2025/02/03
JTEKT accelerating DX utilization to improve efficiency in launching production facilities
JTEKT accelerating DX utilization to improve efficiency in launching production facilities JTEKT Corporation (JTEKT) is accelerating digital transformation (DX). The company will connect development through production processes for automotive parts with digital technology, aiming to halve the lead time required for launching production facilities by the end of this year. JTEKT has been going through a transformation to a provider of “solutions ...
News Updated at: 2025/01/10
JTEKT to transfer needle roller bearing business in Europe
JTEKT to transfer needle roller bearing business in Europe JTEKT Corporation (JTEKT) announced that it has concluded a basic agreement with AEQH32 GmbH, a subsidiary of the German investment company, AEQUITA SE & Co. KGaA, for business transferring of JTEKT’s needle roller bearing (NRB). The transfer is a part of the restructuring of JTEKT’s global framework, which includes three of its consolidated subsidiaries conducting manufacturing and s...
News Updated at: 2024/12/25
JTEKT develops electrically controlled oil shared torque-controlled coupling for Subaru Crosstrek
JTEKT develops electrically controlled oil shared torque-controlled coupling for Subaru Crosstrek JTEKT Corporation (JTEKT) announced that it has developed a new electronically controlled intelligent torque-controlled coupling (ITCC), for the Subaru Crosstrek e-BOXER. The newly developed product was designed to be installed inside a transmission for the e-BOXER model. Compared to conventional oil sealed type, its length is reduced by 25%. Also, b...
News Updated at: 2024/12/24
J-QuAD DYNAMICS to develop new ADAS utilizing AI for smooth vehicle control
J-QuAD DYNAMICS to develop new ADAS utilizing AI for smooth vehicle control J-QuAD DYNAMICS Inc. (J-QuAD DYNAMICS, Chuo Ward, Tokyo), an integrated vehicle control software joint venture among four Toyota Group companies (Denso Corporation, Aisin Corporation, ADVICS Co., Ltd., and JTEKT Corporation), will develop a new advanced driver assistance system (ADAS) that utilizes artificial intelligence (AI). The company will combine a conventional rule...
News Updated at: 2024/12/17
JTEKT develops evaluation machine for roller bearings
JTEKT develops evaluation machine for roller bearings JTEKT Corporation (JTEKT) announced that it has developed a new design core system and evaluation machine for roller bearings. With extended model-based development (MBD), this has reduced design review time to one fourth of the conventional method and improve reliability of the evaluation machine. By shortening development and production lead times, JTEKT is aiming to increase orders for bear...
News Updated at: 2024/12/02
Stellantis presents Abarth 600e
ration in approximately 6.24 seconds, and the Scorpionissima with 0 to 100 acceleration in 5.85 seconds. They are offered three driving modes, and a battery range of up to 334 km (WLTP). Each model features Michelin Pilot Sport EV tires, Alcon 380 mm brakes with four-piston monobloc calipers, and a JTEKT Torsen limited-slip differential for enhanced handling, traction, and braking. Suspension stiffness and the chassis are reinforced with a rear a...
News Updated at: 2024/10/29
JTEKT India announces INR 2.5 billion investment for new factory in Gujarat
JTEKT India announces INR 2.5 billion investment for new factory in Gujarat JTEKT India Limited, an Indian subsidiary of JTEKT Corporation, announced that its board of directors approved the establishment of a new factory building and related infrastructure in Gujarat. The factory will be located on its existing land at State Highway No. 7, Village Jalisana, Sub-division Mandal, District Ahmedabad. The investment amount for the new plant buildin...
News Updated at: 2024/10/08
Toyoda Gosei and JTEKT to supply portable hydrogen cartridge parts to Toyota
Toyoda Gosei and JTEKT to supply portable hydrogen cartridge parts to Toyota Toyoda Gosei Co., Ltd. (Toyoda Gosei) and JTEKT Corporation (JTEKT) respectively announced that their products have been adopted for Toyota Motor Corporation’s (Toyota) “portable hydrogen cartridges”. The adopted products are Toyota Gosei’s high-pressure hydrogen tank that has applied a hydrogen storage technology developed by Toyota Gosei and Toyota, as well as ...
News Updated at: 2024/09/26
JTEKT begins mass production of low-torque tapered roller bearings
JTEKT begins mass production of low-torque tapered roller bearings JTEKT Corporation (JTEKT) announced on September 25 that it began mass-producing low-torque tapered roller bearings named LFT-V. Isuzu Motors Limited (Isuzu) adopted this product for rear differentials for the Isuzu MU-X sports utility vehicle (SUV). JTEKT optimized the shape of the resin retainer to cut the loss toque by 15% compared to conventional products. It also lowered the ...
News Updated at: 2024/09/26
Toyota-affiliated parts manufacturers to bolster operations in China
Toyota-affiliated parts manufacturers to bolster operations in China In China, where sales competition especially for new energy vehicles (NEV) is fierce, parts manufacturers affiliated with Toyota Motor Corporation (Toyota) will bolster their operations. JTEKT Corporation will expand sales of high-value-added electronic power steering (EPS) systems and ball bearings, for which demand is expected to grow in electric vehicle (EV) applications. Toy...
News Updated at: 2024/09/02
JTEKT India updates about new product development
JTEKT India updates about new product development In its annual report for FY 2023-24 (ending March 2024), JTEKT India Limited announced that it is developing a new generation CEPS (Column-Assist Electric Power Steering). At present, proto-sample development and discussion with customers for a demonstration of the vehicle are in progress. It is developing a non-guided collapse manual column to replace the current guided column keeping specificati...
News Updated at: 2024/08/30
JTEKT to increase profit ratio under new medium-term business plan
JTEKT to increase profit ratio under new medium-term business plan On August 27, JTEKT Corporation (JTEKT) announced a medium-term business plan for the period through fiscal year 2026 (ending in March 2027). While the revenue target is set at JPY 2 trillion, the same level as the FY 2023 result, JTEKT aims to increase the business profit ratio, which is calculated by subtraction of cost, SG&A expenses, etc. from revenue, from the current 3.9% to...
News Updated at: 2024/08/28
JTEKT revises upward 2025 renewable energy introduction rate target to 35%
JTEKT revises upward 2025 renewable energy introduction rate target to 35% JTEKT Corporation (JTEKT) has revised upward its global renewable energy adoption rate target for 2025 from 10% to 35%. At its main Hanazono Plant (Okazaki City, Aichi Prefecture), which manufactures electric power steering (EPS) systems and other products, JTEKT will start the verification of an aluminum melting furnace that uses “green hydrogen” derived from renewabl...
News Updated at: 2024/07/24
JTEKT India boosts R&D capabilities and expands manufacturing
JTEKT India boosts R&D capabilities and expands manufacturing In its annual report, JTEKT India, a subsidiary of JTEKT, announced that it is focusing on virtual simulation to create better first-time-right products and reduce development lead time, minimizing physical bench testing. It is expanding its protocell and enhancing testing capabilities to support local development. For the fiscal year ending March 31, 2024, its R&D expenses stood at IN...
News Updated at: 2024/07/19
JTEKT begins development of high-pressure hydrogen pressure reduction valve for hydrogen engine
JTEKT begins development of high-pressure hydrogen pressure reduction valve for hydrogen engine JTEKT Corporation (JTEKT) announced that it has begun development of a high-pressure hydrogen pressure reduction valve for hydrogen engine vehicles. The product reduces pressure of the hydrogen supplied from a valve to the appropriate pressure for the hydrogen engine. JTEKT is leveraging a core technology of its second-generation hydrogen pressure redu...
News Updated at: 2024/05/10
JTEKT sells its hydroelectric pump manufacturing site in France
JTEKT sells its hydroelectric pump manufacturing site in France JTEKT Corporation (JTEKT) has decided to sell its hydroelectric pump manufacturing business in France to ACI Groupe, as part of its European business structural reform. JTEKT is working to eliminate deficits in its European business by continuing to carry out structural reforms such as consolidation of bases and selection and concentration of businesses. The sold site is the Blois Pl...
News Updated at: 2024/04/03