Strengthen business expansion Aiming for further growth in automotive industry

Strategic investments in Asia(China, India and the ASEAN)

Newly develop our business into emerging regions in Asia	Improve profitability through local production
Strengthen ability to respond to local needs	Respond to increase in automotive production of Japanese and European manufacturers

Reinforce business expansion in
automotive business in Asia

production sites (bearings) Production sites (steering systems) Sales sites

Region	Project	Target
China	Expand and strengthen the 3rd building in Kunshan plant	Respond to increasing demand for hub unit bearings
	Establish NSK-Yagi pre-processing joint venture	Stregthen pre-processing ability of bearings
	Wholly own Timken-NSK(Completed)	Expand sales of tapered roller bearings
	Establish a joint venture of Hangzhou NSK and Mantatsu EPS	Capture demand for EPS from local automotive manufacturers
India	Establish a plant of joint venture; NSK-ABC bearings Ltd.	Respond to growing Indian market
	Establish an EPS plant	Develop our business to respond to needs for EPS in India
	Establish a sales company	Increase local sales in India
ASEAN	Establish the 2nd building in NBMT(Thailand) plant(Completed)	Respond to growing demand for bearings in Thailand
	Establish the 2nd building in SNSS(Thailand) plant	Expand in-house manufacturing of steering parts
	Expand plant in NSK Indonesia	Respond to sales expansion of motorcycle bearings
	Establish a sales company in Vietnam	Increase local sales in Vietnam