NSK Ltd.

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NSK Ltd.
Native name
日本精工株式会社
Public
Traded as TYO: 6471
Nikkei 225 Component
ISIN JP3720800006
Industry Machinery
Founded Tokyo (November 8, 1916; 99 years ago (1916-11-08))
Founder Takehiko Yamaguchi
Takahashi Korekiyo
Headquarters Ōsaki, Shinagawa-ku, Tokyo, 141-8560, Japan
Key people
Norio Otsuka
(Chairman)
Toshihiro Uchiyama
(President and CEO)
Products
  • Rolling bearings
  • Automotive bearings
  • Linear components
  • Automotive steering systems
Revenue

Increase JP¥ 974.9 billion (FY 2014)

(US$ 8.12 billion) (FY 2014)
Increase JP¥ 97.3 billion (FY2014)

Increase JP¥ 61.9 billion billion (FY 2014)

(US$ 515.8 million) (FY 2014)
Total assets Increase ¥1.1 trillion (FY2014)
Total equity Increase ¥456 billion (FY2014)
Number of employees
31,088 (as of March 31,2015)
Website Official website
Footnotes / references
[1][2][3][4]

NSK Ltd. (日本精工株式会社 Nippon Seikō Kabushiki-gaisha?, Japanese Precision Company) is one of the most prominent manufacturers of bearings globally and the largest in Japan.

NSK produces a wide range of industrial bearings, linear motion products, automotive bearings & modules as well as automotive steering systems. NSK´s products and solutions are sold globally through NSK´s own sales network.

The company is listed on the Tokyo Stock Exchange, is a component of the Nikkei 225 stock index[5] and has over 130 overseas operations in 26 countries.[6]

Company background & milestones[edit]

  • 1916: NSK Ltd. is established in Tokyo, Japan
  • 1960’s:
    • Opening of first NSK Sales Offices in Ann Arbor, Michigan USA and Düsseldorf, Germany
  • 1970’s:
    • Opening of production plants in São Paulo, Brazil, North America, UK and Asia
  • 1990’s:
    • Purchase of the UPI Group including RHP (UK) and Neuweg (Germany)
    • Further opening of Sales Offices & Production Plants in UK, Germany & Switzerland
  • 2000’s:
    • Finalisation of Fujisawa Research & Development Centre in Japan
    • Opening of the Technology Centre in Germany
  • 2010’s:
    • Further expansion of the Technology Centre in Germany
    • Opening of the Steering Test Centre in Germany and further expansion of European plants

Present day business[edit]

More than 31,000 employees form a worldwide technology network consisting of over 60 production plants. Approximately three million new bearings are manufactured per day (from miniature bearings with a one-millimetre bore to bearings with a diameter of five meters).

The company invested more than $89 million in research and development as per March 2015. The Group has its own research and development centres on every continent.

Industries: Automotive OEMs and first tier suppliers as well as manufacturers of: electric motors; domestic appliances; wind turbines; gear boxes; pumps and compressors; machine tools; injection moulding machines; and suppliers to steel, cellulose and paper industries; printing industry; food and drink industry; mining and extraction technology; semiconductors and medicine; handling and automation; energy supply industry.

NSK Europe Ltd.[edit]

NSK Europe Ltd. is a wholly owned subsidiary company of NSK Ltd. and is registered in England & Wales. It has over 3,500 employees in Europe and has a turnover of more than 1,000 million Euro.

  • 1963 Establishment of the first European NSK Sales Office in Düsseldorf, Germany
  • 1970s Opening of the NSK office in Guyancourt, France and of the Production Plant in Peterlee, UK
  • 1990s
    • Acquisition of UPI group including production plants in England, Germany and Switzerland
    • Opening of first European Technology Centre (ETC) in Newark, UK
    • Foundation of NSK-RHP Europe and the establishment of NSK-RHP sales companies
  • 2000s
    • Renaming of NSK-RHP to NSK
    • Establishment of a plant for Electric Power Steering System in Poland
    • Acquisition of a major bearing manufacturer in Poland
  • 2010s
    • Further expansion of the Technology Centre & opening of the Steering Test Centre in Germany.
    • Further expansion of European plants.

Business units & products[edit]

Industrial Bearings & Linear Components[edit]

Ball Bearings, Cylindrical Roller Bearings, Tapered Roller Bearings, Spherical Roller Bearings, Thrust Bearings, Super Precision Bearings, Ball Screws, Linear Guides and other Linear Products, including a wide range of Mechatronic and Precision products.

Automotive bearings & modules[edit]

Wheel Hub Bearings, Taper and Needle Bearings for Transmission, Integral Shaft Bearings for Water Pump, Magnetic Clutch Bearings for A/C Compressor

Steering systems[edit]

Manual /Electrical Adjust Steering Columns with integrated Energy Absorption Systems, Manual/ Electric Rake and Reach Adjustment; Electrically Power Assisted Steering Systems (EPAS) with integrated Energy Absorption Systems; Steering Columns and Steering Gears with Electrical Power Assist; Mechanical Steering Gears with tie rods; Intermediate Shafts (Slidable/Collapsible with Energy Absorb Capability), Universal (Constant Velocity) Joints, Noise Isolating Steering Joints

Gallery[edit]

The first NSK plant in Japan in 1916 
NSK Offices in Ratingen, Germany 
NSK plant in Poland 

References[edit]

  1. ^ "Corporate Profile". NSK. Retrieved September 10, 2015. 
  2. ^ Martin C Timbrell; Diana L Tweedie (1998). Directory of Multinationals: K-Z. Waterlow. ISBN 978-0-333-67464-2. 
  3. ^ "Company Snapshot". Bloomberg L.P. Retrieved September 10, 2015. 
  4. ^ "Financials". Bloomberg L.P. Retrieved September 10, 2015. 
  5. ^ "Components:Nikkei Stock Average". Nikkei Inc. Retrieved September 10, 2015. 
  6. ^ "Company Profile". Hoover's. Retrieved September 10, 2015. 

External links[edit]