Slide 1: Financial results for the 3rd Quarter of fiscal year ending March 2026
1/31 1/31 Financial results for the 3rd Quarter of fiscal year ending March 2026 February 6 th, 2026 JTEKT CORPORATION
Slide 2: Overview of Financial results
Overview of Financial results 2/31 ■ Despite unfavorable exchange rate, Revenue increased YoY due to sales recovery in Japan and North America. ■ Despite the impact of U.S. tariffs and unfavorable exchange rate, Business Profit Result increased YoY due to higher revenue and cost improvement activiti
Slide 3: Agenda
Agenda 3/31 １．Results for the 3rd Quarter of fiscal year ending March 2026 P4 ２．Forecasts for Fiscal Year ending March 2026 P9 ３. Appendix P 15 JTEKT CORPORATION
Slide 4: 1-1) FY2025 Q3 Results – Consolidated performance
1-1) FY2025 Q3 Results – Consolidated performance 4/31 ■ Revenue increased YoY, supported by a sales recovery in Japan and North America, despite the unfavorable exchange rate. ■ Business profit increased YoY, driven by cost improvement activities, such as TFT activities in North America, despite ne
Slide 5: 1-2) FY2025 Q3 Results – Business profit analysis
1-2) FY2025 Q3 Results – Business profit analysis 5/31 ■ We are advancing countermeasures against U.S. tariffs, but we are currently incurring costs upfront with recovery from customers expected in the fourth quarter. ■ Business Profit increased YoY due to cost improvement activities, such as “Task
Slide 6: 1-3) FY2025 Q3 Results – by Region
1-3) FY2025 Q3 Results – by Region 6/31 ■ North America：Business Profit increased significantly due to higher revenue and effect of TFT activities. ■ Europe and China：Revenue and Business Profits declined due to tough market environment. Revenue Business Profit Unit : 100M of yen Unit : 100M of yen
Slide 7: 1-4) FY2025 Q3 Results – by Business unit
1-4) FY2025 Q3 Results – by Business unit 7/31 ■ All businesses units secured solid profitability due to contributions from cost improvement activities etc. Revenue Business profit Unit : 100M of yen Unit : 100M of yen ratio to revenue(%) 9.9 9.4 2.3 2.9 2.3 3.8 1.7 1.7 6,585 6,552 147 140 139 110 9
Slide 8: Agenda
Agenda 8/31 １．Results for the 3rd Quarter of fiscal year ending March 2026 P4 ２．Forecasts for Fiscal Year ending March 2026 P9 ３. Appendix P 15 JTEKT CORPORATION
Slide 9: 2-1) FY2025 Forecast – Consolidated performance
2-1) FY2025 Forecast – Consolidated performance 9/31 ■ Due to updated foreign exchange rates assumptions, our forecast of Revenue and Profit at all levels have been revised upward, resulting in increased profits from the previous year. Unit：100M of yen FY2025 Forecast FY2024 FY2025 FY2025 Change Cha
Slide 10: 2-2) FY2025 Forecast – Business profit analysis
2-2) FY2025 Forecast – Business profit analysis 10/31 ■ Despite the risk of delayed recovery of U.S. tariffs from customers、we secured profit at the same level as the previous fiscal year by effects of cost improvement activities , such as “Task Force Team (TFT)” activities in North America and stru
Slide 11: 2-3) FY2025 Forecast – by Region
2-3) FY2025 Forecast – by Region 11/31 ■ Europe and China：Revenue and Business Profits are expected to decline. ■ Japan and North America and Asia ＆ Others：Revenue and Business Profits are expected to increase. Revenue Business profit Unit : 100M of yen Unit : 100M of yen ratio to revenue(%) 10.1 8.
Slide 12: 2-4) FY2025 Forecast – by Business unit
2-4) FY2025 Forecast – by Business unit 12/31 ■ Industrial ＆ Bearings：Despite lower revenue, business profit expected to increase due to effects of structural reforms in Europe and North America. Revenue Business profit ratio to revenue(%) Unit : 100M of yen Unit : 100M of yen 10.4 9.9 8,957 8,845 3
Slide 13: 2-5) Return to shareholders
2-5) Return to shareholders 13/31 ■ Keep expanding shareholder returns in line with the 2 nd period of Mid-term Plan. FY2025 Expected ・・・ Annual Dividend per share：60 yen (DOE 2.5%) 100 2.5 3.0 2.2 80 1.6 1.7 2.0 1.0 1.1 60 Unit : yen per share DOE(%) 60 50 1.0 36 30 0.0 Upper row Year-end40 dividen
Slide 14: Agenda
Agenda 14/31 １．Results for the 3rd Quarter of fiscal year ending March 2026 P4 ２．Forecasts for Fiscal Year ending March 2026 P9 ３. Appendix P 15 JTEKT CORPORATION
Slide 15: 3-1) Management indicators
3-1) Management indicators 15/31 Cash Flow statement Capital Efficiency Indicators Upper row Cash flows from operating activities (%) ROE ROA ROIC Lower row Cash flows from investing activities Unit：100M of yen 5.9 FCF 1,544 5.4 5.1 5.0 5.5 5.3 782 831 802 798 3.8 670 261 224 3.5 3.3 417 43 2.6 2.4
Slide 16: 3-2) Management indicators
3-2) Management indicators 16/31 Capital expenditures Depreciation & amortization R&D expenses Upper row Jan-Mar Unit：100M of yen Unit：100M of yen Ratio to Revenue(%) Unit：100M of yen Lower row Apr-Dec 969 3.3 3.1 3.1 3.1 3.0 800 394 723 717 710 694 651 669 623 213 589 580 169 190 184 185 558 175 51
Slide 17: 3-3) Management indicators
3-3) Management indicators 17/31 Inventories Interest-bearing debt / Cash reserves Inventory turnover month Unit : 100M of yen Left bar Interest-bearing debt NET DE ratio Right bar Cash reserves Unit : 100M of yen 1.7 1.7 1.6 1.7 1.7 0.22 0.20 2,747 0.16 0.15 2,670 0.09 2,577 2,475 2,290 2,617 2,551
Slide 18: 3-4-1) Financial statements
3-4-1) Financial statements 18/31 Unit：100M of yen Assets Liabilities and equity FY2025 Liabilities FY2025 Assets FY2024 Change FY2024 Change Q3 and equity Q3 Cash and cash Trade and other 1,190 1,304 +114 3,796 3,679 -116 equivalents payables Trade and other Interest-bearing 3,682 3,432 -249 2,404
Slide 19: 3-4-2) Financial statements
3-4-2) Financial statements 19/31 Consolidated Profit and Loss statement Consolidated Cash Flow statement Unit : 100M of yen Unit : 100M of yen FY2024 FY2025 FY2024 FY2025 Change Change Q3 Q3 Q3 Q3 Cash flows from Revenue 13,850 14,033 +182 operating activities 587 798 +211 Cash flows from Business
Slide 20: 3-5-1) Performance comparison – FY2025 Q3 Results (by Region)
3-5-1) Performance comparison – FY2025 Q3 Results (by Region) 20/31 * Including the impact of the sale of the NRB business in Europe・・・ Revenue：-73 Business Profit：＋12 Unit: 100M of yen FY2024 FY2025 Foreign FY2025 Change excluding Region change Q3 Q3 Q3 exchange foreign exchange (excluding FX) Japa
Slide 21: 3-5-2) Performance comparison – FY2025 Q3 Results (by Business unit)
3-5-2) Performance comparison – FY2025 Q3 Results (by Business unit) 21/31 * Including the impact of the sale of the NRB business in Europe ・・・ Revenue：-73 Business Profit：＋12 Unit: 100M of yen FY2024 FY2025 Foreign FY2025 Change excluding Business unit change Q3 Q3 Q3 exchange foreign exchange (exc
Slide 22: 3-6-1) Quarterly result trend – by Region
3-6-1) Quarterly result trend – by Region 22/31 Unit : 100M of yen Q1 Q2 Q3 Q4 FY2024 Revenue Business profit Revenue Business profit Revenue Business profit Revenue Business profit Japan 1,727 39 2.3% 1,821 97 5.3% 1,875 61 3.3% 1,965 63 3.2% North America 1,288 3 0.3% 1,102 -38 -3.5% 1,102 -22 -2.
Slide 23: 3-6-2) Quarterly result trend – by Business unit
3-6-2) Quarterly result trend – by Business unit 23/31 Unit : 100M of yen Q1 Q2 Q3 Q4 FY2024 Revenue Business profit Revenue Business profit Revenue Business profit Revenue Business profit Steering Systems 2,212 23 1.0% 2,133 57 2.7% 2,239 30 1.3% 2,372 164 6.9% Drivelines 1,099 27 2.5% 1,030 14 1.4
Slide 24: 3-7-1) Automotive Revenue by Customer
3-7-1) Automotive (Steering/Drivelines) Revenue by Customer 24/31 Global 15.6% Revenue by major customer Unit : 100M of yen FY2024 Q3 FY2025 Q3 6,013 1,203 +345 FY2024 Q3 Toyota Group 6,358 1,272 (+5.7%) 9,788 703 +34 Other Japanese (100M of yen) Nissan 736 (+4.8%) 23.0% Toyota Group 61.4% Mazda 422
Slide 25: 3-7-2) Industrial & Bearings Revenue by Industry
3-7-2) Industrial & Bearings Revenue by Industry 25/31 After-market 14.9% Revenue in industry Unit : 100M of yen 15.7% by 6 priority industries FY2024 Q3 FY2025 Q3 FY2024 Q3 3,580 2,626 60.2% Steel 111 -3 Industry (-2.9%) 億円 (100M of yen) 108 25.3%25.2% Automobiles 59.8% 96 +6 Agricultural 102 (+5.9
Slide 26: 3-8-1) Business profit analysis – Steering Systems / Drivelines
3-8-1) Business profit analysis – Steering Systems / Drivelines 26/31 Unit : 100M of yen +36 147 110 +77 Steering -6 -5 Systems -11 -43 -11 FY2024 Foreign Sales Inflation U.S. Sales Cost Expense FY2025 Q3 exchange volume Impact Tariff price Improvement etc. Q3 +42 +7 99 +34 52 ＋0 -8 Drivelines -20 -
Slide 27: 3-8-2) Business profit analysis – Industrial & Bearings / Machine tools
3-8-2) Business profit analysis – Industrial & Bearings / Machine tools 27/31 Unit : 100M of yen +26 96 +28 60 +0 +3 Industrial -2 & -12 -7 Bearings FY2024 Foreign Sales Inflation U.S. Sales Cost Expense FY2025 Q3 exchange volume Impact Tariff price Improvement etc. Q3 +17 +0 +0 +3 140 139 -4 -3 -14
Slide 28: 3-9-1) Performance comparison – FY2025 Forecasts (by Region)
3-9-1) Performance comparison – FY2025 Forecasts (by Region) 28/31 * Including the impact of the sale of the NRB business in Europe・・・ Revenue：-114 Business Profit：＋13 Unit: 100M of yen Foreign FY2025 Change excluding Region FY2024 FY2025 Change exchange (excluding FX) foreign exchange Japan 7,390 7
Slide 29: 3-9-2) Performance comparison – FY2025 Forecasts (by Business unit)
3-9-2) Performance comparison – FY2025 Forecasts (by Business unit) 29/31 * Including the impact of the sale of the NRB business in Europe・・・ Revenue：-114 Business Profit：＋13 Unit: 100M of yen Foreign FY2025 Change excluding Business unit FY2024 FY2025 Change exchange (excluding FX) foreign exchange
Slide 30: 3-10) Profit trends
3-10) Profit trends 30/31 Revenue Unit：100M of yen Business Profit for Profit the period * 18,915 18,843 18,800 (*) Profit attributable to owners of the parent company 16,781 15,208 13,999 14,411 14,188 14,284 13,183 12,462 819 813 774 717 728 626 649 650 486 475 496 423 402 375 342 272 250 206 159
Slide 31: Thank You
31/31 Thank You J-Nyan TEK-NYAN 【Note on forward-looking statements】 This report contains forward-looking statements pertaining to forecasts, plans and strategies. These forward-looking statements include risks, uncertainties and other factors, and actual results and business results may differ from