JTEKT Corporation was established in January 2006 through the merger of Koyo Seiko Co., Ltd., a world-class bearing manufacturer, and Toyoda Machine Works, Ltd., a machine tool manufacturer excelling in world-leading machining technologies. Combining the most advanced technologies and the manufacturing passion of both companies, today JTEKT manufactures innovative products that satisfy the most demanding customers all over the world.
With activities focused on four major product technologies: bearings, steering systems, driveline components and machine tools, JTEKT aims at meeting the high expectations of its customers and winning the trust of society. The highest business standards and a firm technological base, combined with advanced engineering capabilities are JTEKT’s bedrock for growth and innovation. JTEKT’s ambition is to be among the world's top 10 automotive parts suppliers in all four product categories and is presently the leading steering systems manufacturer in Japan and No. 2 globally. Through consistently high levels of product quality and performance, JTEKT has earned the respect and trust of automakers and industrial manufacturers around the world. JTEKT is also the first steering manufacturer to develop electric and hydroelectric power steering systems.
Headquartered in Nagoya, Japan JTEKT employs more than 43,000 people in 27 countries and reported sales of $12.6 billion in 2013.