JTEKT Corporation revised earnings guidance for the year ending March 31, 2023 . For the year, the company revised revenue of $1,700,000 million compared to previously expected $1,600,000 million. Basic earnings per share of $72.89 compared to previously expected $72.89.

Profit attributable to owners of the parent company of $25,000 million compared to previously expected $25,000 million. Business profit $60,000 million compared to previously expected $60,000 million.