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Financial Information:
Annual Report 2005
Since opening its first overseas
manufacturing facility in Brazil in the early 1970s, NSK has steadily expanded
its global manufacturing network. The Company today has manufacturing operations
in the Americas, Europe and Asia, providing a global reach that allows the
Company to optimize production and ensure procurement from the most appropriate
location. NSK is also strengthening its global R&D network by setting
up technical centers around the world. Backed by 124 sales bases in 24 countries
(as of July 2005), NSK has the ability to respond swiftly to customer needs.
Global Operations Network
| Net
Sales by Region (FY04) (Based on customer location) |
Fixed Assets by Region
(FY04) |
Workforce by Region
(FY04) |
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 Japan
Sales of industrial machinery bearings were strong,
mainly supported by rising capital expenditures. In automotive products,
sales of electric power steering (EPS) systems and automatic transmission
components increased, while needle roller bearings and hub unit bearings
also posted strong sales. Demand for precision machinery and parts from
the machine tool industry remained strong throughout the year, leading
to a substantial recovery in sales. |
 The
Americas
A buoyant market in Brazil and a recovery in
the U.S. lead to stronger sales of industrial machinery bearings to the
aftermarket. Sales of automotive products also increased on the back
of strong demand from Japanese automakers based in the region. Recovery
in demand for our precision machinery and parts from semiconductor production
equipment manufacturers also contributed to increased sales. |
 Europe
Sales of automotive products were robust, primarily reflecting
a marked increase in sales of automotive bearings, a direct result of
intensive marketing activities. Sales of industrial machinery bearings
and precision machinery and parts also increased on the back of efforts
to boost sales and overall recovery in the European economy. |
 Asia
Sales of industrial machinery bearings were strong in
China, while demand for automotive products was healthy in Thailand.
There was also a significant rise in sales of precision machinery and
parts to the semiconductor and liquid crystal display (LCD) production
equipment sectors in Taiwan and South Korea. |
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