Financial Information: Annual Report 2005

	NSK Group

THE AMERICAS NSK AMERICAS, INC. 4200 Goss Road, Ann Arbor, MI 48105-2779, U.S.A. +1-734-913-7500 Control of American subsidiaries and affiliates 100.00%   NSK CORPORATION 4200 Goss Road, Ann Arbor, MI 48105-2779, U.S.A. +1-734-913-7500 Manufacture of bearings and sales of bearings, automotive components and precision machinery & parts 100.00%   Ann Arbor Plant 5400 South State Road, Ann Arbor, MI 48108-9754, U.S.A. +1-734-996-4400   Clarinda Plant 1100 North 1st Street, Clarinda, IA 51632-1981, U.S.A. +1-712-542-5121   Franklin Plant 3400 Bearing Drive, Franklin, IN 46131-9660, U.S.A. +1-317-738-5000   Liberty Plant 1112 East Kitchel Road, Liberty, IN 47353-8985, U.S.A. +1-765-458-5000   NSK PRECISION AMERICA, INC. 3400 Bearing Drive, Franklin, IN 46131, U.S.A. +1-317-738-5000 Manufacture and sales of precision machinery & parts 100.00%   NSK LATIN AMERICA, INC. 2500 NW 107th Avenue, Suite 300, Miami, FL 33172, U.S.A. +1-305-477-0605 Sales of bearings, automotive components and precision machinery & parts 100.00%   NSK STEERING SYSTEMS AMERICA, INC. 110 Shields Drive, Bennington, VT 05201-8309, U.S.A. +1-802-442-5448 Manufacture and sales of automotive components 100.00%   NSK-AKS PRECISION BALL COMPANY 1100A North 1st Street, Clarinda, IA 51632-1983, U.S.A. +1-712-542-6515 Manufacture and sales of steel balls 60.00%   NSK-WARNER U.S.A., INC. 3001 West Big Beaver, Suite 412 Troy, MI 48084, U.S.A. +1-248-822-8888 Sales and technical services of automotive components 50.00%   NSK CANADA INC. 5585 McAdam Road, Mississauga, Ontario, L4Z 1N4, Canada +1-905-890-0740 Sales of bearings, automotive components and precision machinery & parts 100.00%   NSK RODAMIENTOS MEXICANA, S.A. DE C.V. Minas Palacio No.42-6, Col. San Antonio Zomeyucan, Naucalpan de Juarez, C.P. 53750, Estado de Mexico, Mexico +52-55-5301-2741 Sales of bearings, automotive components and precision machinery & parts 100.00%   NSK BRASIL LTDA. Rua 13 de Maio 1633-14º Andar-Bela Vista-CEP 01327-905 Sao Paulo, SP, Brazil +55-11-3269-4786 Manufacture of bearings; sales of bearings and precision machinery & parts 100.00%   Suzano Plant Av. Vereador Joao Batista Fitipaldi, 66, CEP 08685-000, Vila Maluf, Suzano, SP, Brazil +55-11-4741-4090   NSK ARGENTINA S.R.L. Garcia del Rio 2477 Piso 7 Oficina “A” (1429) Buenos Aires - Argentina +54-11-4704-5100 Sales of bearings, automotive components and precision machinery & parts 100.00%

EUROPE NSK EUROPE LTD. Belmont Place, Belmont Road, Maidenhead, Berkshire SL6 6TB, U.K. +44-1628-509800 Control of European subsidiaries and affiliates 100.00%   NSK UK LTD. Northern Road, Newark, Nottinghamshire, NG24 2JF, U.K. +44-1636-605123 Sales of bearings, automotive components and precision machinery & parts 100.00%   NSK BEARINGS EUROPE LTD. Northern Road, Newark, Nottinghamshire, NG24 2JF, U.K. +44-1636-605123 Manufacture and sales of bearings 100.00%   Peterlee Plant 3 Brindley Road, South West Industrial Estate, Peterlee, Co. Durham, SR8 2JD, U.K. +44-191-586-6111   Peterlee (Forge) Plant Davy Drive, North West Industrial Estate, Peterlee, Co. Durham, SR8 2PW, U.K. +44-191-518-0777   NSK STEERING SYSTEMS EUROPE LTD. Gallagher Business Park, Silverstone Drive, Rowley’s Green, Coventry, Warwickshire, CV6 6PA, U.K. +44-24-76-588588 Manufacture and sales of automotive components 100.00%   Peterlee Plant 6/7 Doxford Drive, South West Industrial Estate, Peterlee, Co. Durham, SR8 2RL, U.K. +44-191-518-6400   NSK PRECISION UK LTD. Northern Road, Newark, Nottinghamshire, NG24 2JF, U.K. +44-1636-605123 Manufacture of precision machinery & parts 100.00%   AKS PRECISION BALL EUROPE LTD. Davy Drive, North West Industrial Estate, Peterlee, Co. Durham, SR8 2PP, U.K. +44-191-587-0000 Manufacture and sales of steel balls 40.00%   NSK EUROPA HOLDING GMBH Harkortstrasse 15, 40880 Ratingen, Germany +49-2102-4810 Holding company of NSK DEUTSCHLAND GMBH, NEUWEG FERTIGUNG GMBH and NSK PRECISION EUROPE GMBH 100.00%   NSK DEUTSCHLAND GMBH Harkortstrasse 15, 40880 Ratingen, Germany +49-2102-4810 Sales of bearings and automotive components 100.00%   NSK PRECISION EUROPE GMBH Harkortstrasse 15, 40880 Ratingen, Germany +49-2102-4810 Sales of precision machinery & parts 100.00%   NEUWEG FERTIGUNG GMBH Ehinger Strasse 5, D-89597 Munderkingen, Germany +49-7393-540 Manufacture of bearings 100.00%   NSK FRANCE S.A.S Quartier de l’Europe, 2 Rue Georges Guynemer,78283 Guyancourt Cedex, France +33-1-30-57-39-39 Sales of bearings and precision machinery & parts 100.00%   NSK ITALIA S.P.A. Via Garibaldi 215, 20024 Garbagnate Milanese (Milano), Italy +39-02995191 Sales of bearings and precision machinery & parts 100.00%   INDUSTRIA CUSCINETTI S.P.A. Via Giotto 4, I-10080, S. Benigno C. se (Torino), Italy +39-0119824811 Manufacture and sales of bearings 36.19%   NSK SPAIN S.A. C/Tarragona 161, 08014, Barcelona, Spain +34-93-433-5775 Sales of bearings and precision machinery & parts 100.00%   NSK EUROPEAN DISTRIBUTION CENTRE B.V. De Kroonstraat 38, 5048 AP Tilburg, Netherlands +31-13-4647647 Warehousing and distribution of bearings and automotive components 100.00%   NSK ISKRA S.A. Ul. Jagiellonska 109, 25-734 Kielce, Poland +48-41-367-0505 Manufacture and sales of bearings 93.21%   ISKRA HOLDING SP. Z O. O. Ul. Jagiellonska 109, 25-734 Kielce, Poland +48-41-345-4453 Control of non-core businesses of NSK ISKRA S.A. 100.00%   NSK NEEDLE BEARING POLAND SP. Z O. O. Ul. Jagiellonska 109, 25-734 Kielce, Poland +48-41-345-2469 Manufacture and sales of bearings 98.55%   NSK STEERING SYSTEMS EUROPE (POLSKA) SP. Z O. O. Ul. Mariana Jachimowicza 17, 58-306 Walbrzych, Poland +48-74-664-4102 Manufacture of automotive components 100.00%   AKS PRECISION BALL POLSKA SP. Z O. O. Ul. Przemyslowa 12, 58-130 Zarow, Poland +48-74-649-9200 Manufacture and sales of steel balls 34.50%   NSK BEARINGS MIDDLE EAST TRADING CO., LTD. Yali Mahallesi, Fevzi Cakmak Caddesi, Caglar Apartman No. 11/4, Maltepe 34844, Istanbul, Turkey +90-216-442-7106 Sales of bearings and precision machinery & parts 100.00%

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