Approaching the Final Year of Our Mid-term Business Plan
(FY 2003 ~ FY 2005)

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Outline of our Mid-term Business Plan (FY ’03 ~ FY ’05)

NSK’s Corporate Vision Become a World Leader in Technology and QCDS (Quality, Cost, Delivery and Service) and become No.1 in Customer Satisfaction. Establish a strategically integrated global organization Strengthen group management Reinforce marketing and R&D capabilities Operating income margin: Improve to over 10% ROE: Improve to over 10% D/E ratio: Under 1.0 Strategy Map