Financial Information: Annual Report 2003

 By continuously reinforcing our four core technologies, NSK has established a “Platform of Technology” that forms the basis of product design for our bearings, automotive components, and precision machinery and parts divisions. This enables us to respond quickly to customer needs. By integrating these advanced technologies, we are strengthening our capabilities to develop next-generation products (please refer to this page).

Platform Technology Groups

The Four Core Technologies Tribology Material Engineering Analysis Technology Mechatronics Lubricants (oils, greases) Lubrication theory Life theory Surface element analysis Surface modification Bearing steel Heat treatment Ceramics High polymeric materials NSK BRAIN Simulation technology Computer analysis Linear product analysis Motor technology Sensing technology Systemization technology

	Bearings		Automotive Components				Precision Machinery and Parts
	•Electronic/IT equipment bearings •Automotive bearings •Precision bearings for machine tools •Steel mill bearings •Railway axlebox bearings •Aerospace bearings •Bearings for industrial machinery •Bearings for HDD spindles •Wheel hub unit bearings •ROBUST Series bearings •Highly functional standard roller bearings •TF Series bearings •Ceramic bearings		•Steering columns •Steering joints •Transmission-related products •Electric power assisted steering systems •Traction drive units •Pulley units with roller type one-way clutch •Roller follower •Clutch pack				•Ball screws •Linear guides •XY tables •Megatorque Motors •LCD color filter aligning equipment •Direct drive motor controller •Robot module •SPACEA™ Series bearings
				Next-generation products
	•Sensor bearings		•Electric linear actuators for automotives •Half-toroidal CVT				•Vacuum table

Sales by Business Segment		Operating Income Margin by Business Segment

Sales by Industry		Sales by Region
		(Sales are recognized by customers’ location)

Workforce by Region		Fixed Assets by Region

Sales Performance by Region (Sales are recognized by customers' location)

Capital Expenditures and Depreciation by Region

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