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Home | Investors | Financial information | Annual Report 2007

Annual Report 2007

90th Anniversary

NSK Ltd. was established in 1916 to take over the business of Nippon Seiko Limited Partnership Company which had been founded in 1914. It commenced business in Osaki-machi, Ebara-gun, Tokyo (now Osaki, Shinagawa-ku, Tokyo) as Japan’s first manufacturer of bearings. Throughout its history, NSK has contributed to the reduction of energy loss and the advancement of industries throughout the world. On November 8, 2006, NSK marked the 90th anniversary of its establishment.
This is a brief history of NSK’s production and technology development activities over the past nine decades, together with a few highlights.
90 Years of Production History
  Establishment and Development —1916–1920s
  1916 Establishment of NSK
Japan's first bearing manufacturer is established in what is now Osaki, Shinagawa-ku, Tokyo
  1917–1919 Expansion of product range
NSK develops series of standard ball bearings and begins to manufacture cylindrical roller bearings and tapered roller bearings
  1925 Exclusive focus on bearing production
NSK reviews its product range and establishes an organization exclusively focused on bearing production
  From Wartime Operation to Postwar Reconstruction —1930s–1950s
  1934–1942 New plants built to expand production capability
Tamagawa Plant* (Tokyo, 1934), Fujisawa Plant (Kanagawa, 1937),
Steelmaking Plant* (Kanagawa, 1940), Specialized Machine Plant* (Tokyo, 1942)
  1945–1953 Postwar resumption of operations, expansion of production
Permission to resume operations (1945), designation as important plants (1947, 1948): Tamagawa*, Fujisawa, Osaki* Plants reopened (1950), Nishi Nippon Seiko (now Otsu Plant) established (Shiga, 1953)
  1948–1959 Responding to postwar reconstruction development and demand
for new products

Reconstruction demand: bearings for rail cars, automotive bearings, large bearings for steelmaking equipment and bearings for textile machinery
New products: spinning spindle inserts, carburized bearings, large and super-large bearings, small and miniature bearings
  High-growth Period in Japan and Start of Overseas Production —1960s–1970s
  1960–1975 Product diversification, responding to motorization
Kita Nippon Seiko (now Maebashi Plant) established (Gunma, 1960): ball screw-type steering, machine tool parts [ball screws, roller guides, spindles, etc.]
NSK Torrington established (1963): needle bearings, NSK Warner K.K. established (1964): one-way clutches for AT, seatbelts* (1969)
Ishibe Plant spun off (Shiga, 1969), Saitama Plant established (1975): tapered roller bearings
  1970–1976 Start of overseas production
Bearing Plant: Australia* <1970>, Brazil <1972>, South Korea <1971>, U.S.A. <1975>, U.K. <1976>
  Expansion of Domestic Production and Evolution of Overseas Operations —1980s–1990s
  1983–1988 Expansion of domestic production
Soja Plant spun off (Gunma, 1983): automotive components [steering, CVJ]*, Fukushima Plant established (1984): small and miniature bearings
  1988–1997 Production for overseas automotive manufacturers
Franklin Plant (U.S.A.), Peterlee Plant (U.K.): hub unit bearings, now NSK Steering Systems (U.S.A., U.K.): steering columns; U.S.A., Thailand: seatbelts*
  1990–1998 Overseas expansion through M&A
Acquisition of British company, UPI (1990) and Polish company, FLT Iskra (1998)
  From Selection and Concentration to Growth —Late 1990s–mid-2000s
  1995–2006 Business restructuring—from selection and concentration to growth
Tamagawa Plant closed (1999), seatbelt* and CVJ* operations sold, European production sites restructured; acquires full ownership of NSK Torrington (2003) and Amatsuji Steel Ball Manufacturing (2006); NSK Kyushu established (Fukuoka, 1995)
  1995–2005 Accelerated expansion into Asia and China
Bearing Plant: Indonesia <1995>, Malaysia <1995>, Thailand <2002>, China [Kunshan <1997>, Hongshan <1998>, Zhangjiagang <2004>, Suzhou <2004>, Changshu <2005>]
Automotive Component Plant: [steering] Thailand <1996>, India <1997>, Dongguan <2003>, [AT components] Shanghai <2006>
  Next 10—Toward Our Centenary —2007–2016
  Beyond 2007 Growth strategies and profitability enhancement targeting ¥1 trillion in Group net sales
Expansion of production sites: second plant in Fujisawa (Kanagawa), second steering systems plant in the U.S.A., second building at automotive bearing plant in Thailand, automotive bearing plant in India
* Subsequently closed or sold    < > Start of operation
a drawing from the time of NSK’s earliest production
1916
Japan’s First Bearing Manufacturer
First Steps on the Path to Growth
Bearings are one of the staples of industry. The origins of the Japanese bearing industry, which produced 3,190 million bearings in 2006, can be traced back to the completion of the first prototype by Nippon Seiko Limited Partnership Company in 1915. Full-scale production of the bearings needed to drive the development of the Japanese machinery industry commenced with the establishment of NSK Ltd. The photograph above shows a drawing from the time of NSK’s earliest production, the starting point on the path that brought NSK to its present stage of development.
90 Years of Technological History
Introductory period
1916 Company is founded and ball bearing production starts.
1931 Japan’s first ball bearings for aircraft engines are produced.
1932 The Japanese domestic automobile industry is established; demand for domestic bearings increases.
Deployment period
1948
to 1954
Bearing demand expands rapidly during postwar reconstruction.
Late
1950s
Export contracts and technical tie-ups with overseas makers; quality and cost on equal footing with overseas makers.
1957 A method for measuring bearing sound is established; contribution towards quiet-running performance of bearings.
1959 Enters the ball-screw-type steering market. Also, enters the linear products market with ball screws and linear guides.
1961 Engineering research laboratory established.
1963 Production of needle roller bearings is launched. A railway axle bearing for Shinkansen bullet trains is developed.
1964 Production of automatic transmission components is launched.
1968 Enters the steering column market.
Growth period
1973 Manufactures bearings for continuous casting machines (outside diameter of 5m). NSK’s first original bearing grease (NS7) is developed.
1975 Enters the market for highly accurate video cassette recorder/player (VCR) bearings.
1979 Use of theoretical analysis of fatigue patterns for bearing life; enters sealed clean bearing market.
1980 Enters the mechatronics market.
1985 Heat treatment (TF) technology established. Enters the V2500 jet engine bearing market for use in civil aircraft in collaboration
with four other countries (U.S.A., U.K., Germany, Italy).
1987 The third-generation hub unit bearing (HUB3) is introduced to the automobile wheel market.
1989 Enters the electric power steering (EPS) market.
1990 Highly purified (EP) steel developed.
1996 A bearing analytical program called BRAIN is developed.
1997 A new bearing for the Shinkansen bullet trains (300 km/h capability) is introduced. The ROBUST series of ultra high-speed angular contact ball bearings for machine tools is introduced.
1999 Half-toroidal continuously variable transmission (CVT) is introduced to the market.
2000 Enters the hard disk drive (HDD) market with non-repeatable run-out (NRRO) 40 nm ball bearings.
2002 The Fujisawa Research and Development Center is completed. The HMC-B02 series of high-speed quiet-running ball screws (current BSS series) is commercialized.
2004 The HPS series of industrial machinery bearings is introduced to the market. The world’s smallest bearing is developed: bore diameter of 0.6 mm; outside diameter of 2 mm.
2005 A full complement of cylindrical roller bearings for wind turbine gearboxes is developed.
2006 Mass-production starts for the V1 series of ball screws for use in contaminated nvironments. A lightweight cold-formed hub unit bearing is developed.
an overseas plant
1948 Overseas Expansion
For the World, with the World
Wherever there are machines, there are bearings. Bearings based on common international standards are borderless products that can be used in machinery anywhere in the world. NSK began to export bearings in 1948, when Japan was still in the midst of postwar construction. Exporting would eventually lead to the establishment of sales companies and production operations outside Japan. NSK’s second overseas plant, in Suzano, Brazil, established in 1972, has contributed to Brazil’s industrial development as part of the local community for 35 years. Today NSK has 34 overseas plants in 12 countries.
a ball bearing
Nine Decades of Product Diversification
From 2 Millimeters to 6 Meters
With an outside diameter of 2 mm and inside diameter of 0.6 mm, the ball bearing can be balanced on a grain of rice (see picture on right). As a comprehensive manufacturer, NSK supplies bearings in all sizes, with outside diameters ranging from 2 mm to 6 m. Bearings are used in a wide variety of situations to provide behind-the-scenes strength in extreme conditions. Examples include ultra-fast 400,000-rpm drill bearings used in dental handpieces, and bearings used in CT scanner X-ray vacuum tubes at temperatures as high as 500ºC.
an artificial satellite
Courtesy of NASA
1918 The Year We Took to the Air
Beyond the Earth and into Space
NSK has a long history of involvement in aviation. As early as 1918 we were supplying airframe bearings. In 1931 we became the first Japanese manufacturer of bearings for aircraft engines, and in 1945 we produced the first jet engine bearings to be made in Japan. By 1985 NSK was able to participate in a five-nation project, which produced products for the V2500 engine with manufacturers from the United States, the United Kingdom, Japan, Germany and Italy. Today bearings, ball screws and linear guides manufactured by NSK look down on Earth from satellites and the International Space Station.
From 1975 to the Present
Contributing to the Environment
For the Future
NSK products help reduce energy loss. We regard environmental management as a key priority, and we have been working in this field since the establishment of our Environment Control Department in 1975. Our environmental efforts include the development of environment-friendly products, measures to combat global warming, zero-emission programs, distribution-related measures, and green procurement activities. We also provide environmental education to raise the environmental awareness of all employees. The NSK Group recognizes its responsibility to protect the environment.
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