Tokyo, Japan, March 23, 2007 - NSK Ltd. (NSK; Headquarters: Tokyo, Japan; President and CEO: Seiichi Asaka) is pleased to announce that it won the Machinery Component Award at the 4th MONODZUKURI Innovative Component Awards. These awards are organized by Nikkan Kogyo Shimbun, Ltd., (Nikkan), a Japanese newspaper publisher, and sponsored by both the Ministry of Economy, Trade and Industry and the Japan Chamber of Commerce and Industry.