NSK Ltd
TSE:6471
NSK Ltd
NSK Ltd., a prominent name in the world of motion and control technology, has its origins rooted firmly in the metropolis of Tokyo, where it was founded in 1916. This house of innovation made its mark by being the first Japanese company to manufacture ball bearings, a fundamental component that quietly powers many of the mechanical movements in our daily lives. Over the decades, NSK evolved into a powerhouse by expanding its expertise beyond bearings into other domains of precision machinery and parts. The company's meticulous attention to quality and continuous pursuit of innovation propels its operations, making it a formidable player not only within Japan but across the global industrial landscape.
NSK's primary revenue streams flow from its vast array of mechanical products divided mainly into industrial machinery and automotive sectors. In the industrial sphere, NSK's bearings, linear motion products, and mechatronic solutions are integral to enhancing the efficiency and reliability of manufacturing systems. In the automotive market, the company supplies a comprehensive lineup of steerable systems, electrifying drive and control mechanisms, ensuring modern vehicles are safe and efficient. By strategically aligning with the future trends like electric vehicles and automation, NSK not just keeps its financial wheels turning but also gears up for sustained growth, flourishing at the intersection of tradition and technology.
NSK Ltd., a prominent name in the world of motion and control technology, has its origins rooted firmly in the metropolis of Tokyo, where it was founded in 1916. This house of innovation made its mark by being the first Japanese company to manufacture ball bearings, a fundamental component that quietly powers many of the mechanical movements in our daily lives. Over the decades, NSK evolved into a powerhouse by expanding its expertise beyond bearings into other domains of precision machinery and parts. The company's meticulous attention to quality and continuous pursuit of innovation propels its operations, making it a formidable player not only within Japan but across the global industrial landscape.
NSK's primary revenue streams flow from its vast array of mechanical products divided mainly into industrial machinery and automotive sectors. In the industrial sphere, NSK's bearings, linear motion products, and mechatronic solutions are integral to enhancing the efficiency and reliability of manufacturing systems. In the automotive market, the company supplies a comprehensive lineup of steerable systems, electrifying drive and control mechanisms, ensuring modern vehicles are safe and efficient. By strategically aligning with the future trends like electric vehicles and automation, NSK not just keeps its financial wheels turning but also gears up for sustained growth, flourishing at the intersection of tradition and technology.
Revenue: First half sales were JPY 397.6 billion, achieving the company’s May forecast.
Operating Income: Operating income for the first half was JPY 9.7 billion, hitting the target but including JPY 2 billion in one-time expenses.
Guidance Cut: Full-year guidance was revised down to JPY 790 billion in sales and JPY 22 billion operating income due to expected lower volumes in Industrial Machinery and Automotive in the second half.
Dividend: Dividend plans remain unchanged at JPY 17 interim and JPY 34 annual per share.
Segment Performance: Industrial Machinery showed a moderate recovery in machine tools but faced continued weakness in wind power and semiconductors; Automotive volumes declined 3.8% year-on-year.
Profitability Initiatives: Cost reduction and price increases offset inflation, and progress is being made on structural reforms and the MTP2026 profitability plan.
