| Type | Corporation TYO: 6471 |
|---|---|
| Industry | Machinery |
| Founded | Tokyo, Japan (1916) |
| Headquarters | Tokyo, Japan |
| Key people | Seiichi Asaka, President & CEO |
| 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, including Clarinda, Iowa.
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).
NSK is a World Bearing Association (WBA) member.