NSK Ltd.
Corporate Communications Department
Notice Concerning Completion of Share Acquisition (transfer to Consolidated Subsidiary)
NSK Ltd. (hereinafter referred to as "NSK") hereby announces that it has completed today, the acquisition of share of NSK Steering & Control, Inc. ("NS&C"), currently an equity-method affiliate of NSK, held by Japan Industrial Solutions III Investment Limited Partnership (“JIS”), as previously announced in the "Notice Concerning Equity-Method Affiliates (transfer to Consolidated Subsidiary)" dated May 12, 2025, and thereby, completed the conversion of NS&C into a consolidated subsidiary.
The impact of the transaction on the consolidated financial results is currently under assessment. NSK will promptly notify of any matters that need to be announced in the future.
This document is an English convenience translation of a document that was originally prepared in the Japanese language and is provided for convenience purpose only. NSK makes no representation or warranty that this document is a complete or accurate translation of the original Japanese text, and it is not intended to be relied upon. In the event that there is a discrepancy between the Japanese and English versions, the Japanese version shall prevail. This document is not intended and should not be construed as an inducement to purchase or sell stock in NSK. |