Jtekt India Limited — Important, 14-07-2025: Updates

JTEKT India's latest sustainability report reveals a forced recall of 5,540 Alto model steering gears due to a critical mechanical failure, a key quality concern. While the company is committed to carbon neutrality by 2050 and invests in green initiatives, its FY25 data shows an increase in total GHG emissions and reliance on non-renewable energy. Positively, the company reported no fines or disciplinary actions, improved accounts payable days to 56, and significantly boosted domestic sourcing to 90% of inputs. Safety incidents for workers increased, but robust corrective actions are in progress, signaling ongoing operational refinements.