HOME | Company | Investors | Download | Contact us

Contents
Investors
TOP Message
IR Calendar
Financial Information
Presentation
FAQ
Cautionary statements
HOME | Investors | Presentation

Mid-term Business Strategy Conference

  1. Review of the Mid-term Plan (FY’03 ~ FY’05)
<< Prev  [INDEX]  Next >>
Summary
Achievements
Improving Profitability Growth Strategy
  • Completed business restructuring activities of European operations
  • Established new global management organization
  • Reinforced corporate governance structure
  • Improved financial position
    • Reduced Interest-bearing debts
    • Improved D/E ratio
  • Improved profitability of the industrial machinery bearing business
  • Expanded global sales of automotive products to Japanese and European car manufacturers
  • Reinforced business organization in China
  • Implemented the "Select and Focus" strategy
    • Acquired 100% ownership of NSK Needle Bearing
    • Withdrew from non-profitable businesses such as the seat belt business, etc.

Unfinished Tasks
  • Delayed response to environmental changes
  • Did not achieve profit targets of the Automotive Products business
  • Need to further improve profitability of the Precision Machinery & Parts business
  • Need to further improve profitability of overseas operations
  • Need to further improve global business management


Copyright 2000 - NSK Ltd. All rights reserved. Term of use