
Tokyo, Japan, January 17, 2013 — NSK Ltd. (NSK; Headquarters: Tokyo, Japan; President and CEO: Norio Otsuka) announced today that it has developed a high durability, high rigidity, slideable intermediate shaft for column-type electronic power steering (EPS) for automobiles in the ever-expanding emerging markets.It provides a superior handling “feel” and improved durability on rough roads.
NSK is targeting 10 billion yen in global annual sales as it expands the application of this product across a wide range of automobiles, mainly in emerging markets.