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HOME |Investors | Presentation | Financial Conference for the Results of the First Half of Fiscal 2003

Financial Conference for the Results
of the First Half of Fiscal 2003

NSK's Global Approach to the
Needle Bearing Business

1963 Start production at a joint venture company with The Torrington Company
(NSK's sales and production were restricted to Japan)
2000- Our major Japanese customers begin transfer of production to overseas production sites
(Global expansion of our needle bearing business becomes vital)
2003 The Timken Company acquires Torrington
NSK gets the opportunity to acquire full control of the needle bearing business
NSK takes full control of the needle bearing business,
eliminating all restrictions and making global expansion possible
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