Financial Information

Annual Report 2002

Corporate Section:

Corporate Philosophy and Corporate Profile

Financial Highlights

To Our Shareholders and Investors

Special Feature 1: The 2nd Phase of the "NSK Business Restructuring Program"

Special Feature 2: Reorganization of the Global Production System

Special Feature 3: Overview on Global Competition and Alliances

Review of Operations: Overview: NSK's Business by Product Category

Review of Operations: Bearings

Review of Operations: Automotive Components

Review of Operations: Precision Machinery and Parts

Review of Operations: Overview: NSK's Global Operations

Review of Operations: Japan

Review of Operations: The Americas

Review of Operations: Europe

Review of Operations: Asia

Research and Development Organization

Corporate Sustainability

Management

Financial Section:
Ten-Year Summary
Six-Year Segment Information
Consolidated Financial Review
Consolidated Balance Sheets
Consolidated Statements of Operations
Consolidated Statements of Shareholders' Equity
Consolidated Statements of Cash Flows
Notes to Consolidated Financial Statements
Summary of Significant Accounting Policies U.S. Dollar Amounts Securities Inventories Depreciation Short-Term Debt Income Taxes Accrued Expenses and Other Current Liabilities Long-Term Debt Retirement Benefit Plans Shareholders' Equity Research and Development Costs Commitments and Contingencies Leases Derivative Transactions Amounts Per Share Supplementary Cash Flow Information Segment Information
Report of Independent Auditors

Supplementary Information:
NSK Group
PARENT COMPANY
MAJOR GROUP COMPANIES - Japan
MAJOR GROUP COMPANIES - Americas
MAJOR GROUP COMPANIES - Europe
MAJOR GROUP COMPANIES - Africa
MAJOR GROUP COMPANIES - Asia
MAJOR GROUP COMPANIES - Oceania
Information for Investors