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NSK Ltd.

 
(Tokyo:6471)
Contact Information
NSK Ltd.
Nissei Bldg., 1-6-3 Ohsaki, Shinagawa-ku
Tokyo 141-8560, Japan
Tel. +81-3-3779-7111
Fax +81-3-3779-7431

Type: Public
On the web: http://www.nsk.com
Employees: 24,050
Employee growth: (4.1%)

NSK has bearing on the global marketplace of ball bearings. NSK's bearings are made for use in everything from aircraft engines and automobiles to machine tools and office equipment. The company has three business segments. Industrial Machinery Bearings includes bearings for machine tools, railcars, wind turbines, and construction machinery; Automotive Products includes bearings and components for steering columns, chassis, and transmission parts; and Precision Machinery and Parts includes ball screws, linear guides, and direct-drive motors used to manufacture semiconductors and LCDs. The company has over 130 overseas operations in 26 countries, with overseas sales accounting for around 43% of total sales.

Key numbers for fiscal year ending March, 2009:
Sales: $6,656.6M
One year growth: (14.4%)
Net income: $46.9M
Income growth: (89.1%)

Officers:
Chairman: Seiichi Asaka
President, CEO, and Director: Norio Otsuka
EVP and Director; HQ Head, Asia Corporate Strategy Division, HQ Head, Business Development Division, HQ, Compliance Division, HQ Finance Division, and General Affairs Department: Kazuo Matsuda

Competitors:
JTEKT
MINEBEA
NTN

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Wikipedia: NSK Ltd.
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NSK Ltd.
Type Corporation TYO: 6471
Founded Tokyo, Japan (1916)
Headquarters Tokyo, Japan
Key people Seiichi Asaka, President & CEO
Industry Machinery
Products Bearings, Automotive Parts, Precision Machinery Products
Revenue $7.7 billion (¥772 billion) in sales for year ended March 31, 2008
Employees Over 25,000 (Consolidated, as of January 1, 2009)
Website NSK Group Global Web Site

NSK Ltd. (Japanese 日本精工株式会社 Nippon Seikō Kabushiki Kaisha; TYO: 6471) inaugurated its business in November 1916 and produced the first ball bearings made in Japan. Since then, NSK Ltd. has developed a full range of bearings, which have been sold throughout the world and contributed greatly to the development of industries and the advancement of technology.

The company has used its expertise in precision machining technology, refined through years of bearing manufacturing to diversify into automotive products (steering column, EPS, etc.), precision machinery and parts (ball screw, linear slide, etc.) and mechatronic products. Since the 1960s, NSK has been aggressively developing its overseas markets in four key areas: the Americas, Europe, Asia, and Japan. At present, NSK Ltd. has 127 overseas sales operations in 25 countries, 12 global research and development centers, and operates more than 60 international manufacturing locations.

The first factory of NSK outside of Japan was founded in Brazil, in the estate of São Paulo in Suzano in the year of 1972.

NSK bought the RHP brand of bearings in 1990.

NSK has also made big developments in spherical roller bearings and on the Continuously variable transmission (CVT).

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