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Producer Manufacturing

NSK Ltd.

Business Summary

NSK Ltd. engages in the manufacture and sale of bearings, automotive products, precision machinery, and mechatronic products. It operates through the following segments: Industrial Machinery, Automotive, and Others. The Industrial Machinery segment produces and sells industrial machinery bearings, ball screws, and linear guides. The Automotive segment manufactures and sells bearings for car and automotive component manufacturers, steering columns, and automatic transmission components. The Others segment deals with the production and sale of steel balls, machinery and equipment. The company was founded by Korekiyo Takahashi and Takehiko Yamaguchi in 1914 and is headquartered in Tokyo, Japan.

Financial Highlights

Mar 2022 JPYUSD
Revenue865,166M7,699.07M
Gross Profit169,726M1,510.38M
Operating income25,002M222.49M
Income before tax25,731M228.97M
Net income16,587M147.60M
EBITDA81,560M725.79M
Diluted EPS32.250.28
Dividends Per Share250.22
Total Assets1,234.55B10,171.37M
Total liabilities597,090M4,919.38M
Total equity617,801M5,090.01M
Operating cash flow22,733M202.30M
Currency in JPYCurrency in USD

Historical Data

 Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022
Revenue 1,020.33B 991,365M 831,034M 747,559M 865,166M
Gross Profit 230,467M 217,114M 148,671M 121,027M 169,726M
Operating income 93,827M 77,774M 23,285M 816M 25,002M
Income before tax 97,248M 79,229M 24,065M 1,813M 25,731M
Net income 69,312M 55,810M 17,412M 355M 16,587M
EBITDA 140,612M 126,575M 77,211M 55,343M 81,560M
Diluted EPS 130.96 107.23 33.90 0.69 32.25
Dividends Per Share 40 40 30 20 25
Total Assets 1,092.31B 1,086.45B 1,029.88B 1,167.49B 1,234.55B
Total liabilities 531,293M 526,051M 503,362M 594,067M 597,090M
Total equity 537,175M 536,676M 505,505M 554,375M 617,801M
Operating cash flow 83,746M 92,617M 72,387M 53,842M 22,733M
 Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022
Revenue 9,206.13M 8,939.69M 7,643.39M 7,048.62M 7,699.07M
Gross Profit 2,079.41M 1,957.83M 1,367.39M 1,141.14M 1,510.38M
Operating income 846.56M 701.33M 214.16M 7.69M 222.49M
Income before tax 877.43M 714.45M 221.33M 17.09M 228.97M
Net income 625.37M 503.27M 160.14M 3.34M 147.60M
EBITDA 1,268.69M 1,141.39M 710.14M 521.82M 725.79M
Diluted EPS 1.18 0.96 0.31 0.00 0.28
Dividends Per Share 0.36 0.36 0.27 0.18 0.22
Total Assets 10,270.89M 9,815.74M 9,539.93M 10,565.59M 10,171.37M
Total liabilities 4,995.70M 4,752.68M 4,662.70M 5,376.17M 4,919.38M
Total equity 5,051.00M 4,848.67M 4,682.55M 5,016.96M 5,090.01M
Operating cash flow 755.60M 835.17M 665.77M 507.66M 202.30M

Valuation Measures

Mar 2022
PER22.75
ROA1.38%
ROE2.83%
Operating margin2.88%
Profit margin1.91%

Key executives

  • President, CEO & Representative Director: Toshihiro Uchiyama
  • Chief Financial Officer, Director & Executive VP: Saimon Nogami
  • GM-Technology & Development, Head-Technology: Nobuo Goto
  • Executive Officer & General Manager-ICT: Hiroyuki Tsugimoto
  • Executive Officer & GM-Personnel Management: Hidenori Oka

Shareholders

  • NSK Ltd. (5.9%)
  • Meiji Yasuda Life Insurance Co. (5.0%)
  • Nomura Asset Management Co., Ltd. (4.1%)
  • Fukoku Mutual Life Insurance Co. (Investment Portfolio) (4.0%)
  • Nippon Life Insurance Co. (3.9%)
  • Mizuho Financial Group, Inc. (3.3%)
  • Nikko Asset Management Co., Ltd. (3.2%)
  • Sumitomo Mitsui Trust Asset Management Co., Ltd. (2.8%)
  • Asset Management One Co., Ltd. (2.7%)
  • The Vanguard Group, Inc. (1.9%)

Contact Details

  • Website:http://www.nsk.com/jp/
  • Address: Nissei Building, 1-6-3 Ohsaki, Tokyo, 141-8560, Japan
  • Phone: +81.3.3779.7111

Related Companies

  • Mitsubishi Materials Southeast Asia Co., Ltd.
  • MMC Electronics Lao Co. Ltd.
  • MMC Shanghai Co., Ltd.
  • MC Electronics (HK) Ltd.
  • MMC Hardmetal Poland Sp zoo
  • NSK Pension Trustee Ltd.
  • Nsk Pension Fund
  • NSK Asean & Oceania Pte Ltd.
  • NSK Bearings India Pvt Ltd.
  • Nsk Board Incentive Plan
  • Luvata Oy (FI)
  • NSK Employee Incetive Plan
  • NSK Investment Co. Ltd. (Shanghai Branch)
  • NSK China Sales Co. Ltd.
  • NSk do Brasil Industria & Comercio de Rolamentos Ltda.
  • NSK Asia Pacific Technology Center (Thailand) Co. Ltd.
  • NSK-Yagi Precision Forging (Zhangjiagang) Co. Ltd.
  • PT NSK Indonesia
  • PT Timur Raya Alam Damai
  • NSK Vietnam Co. Ltd.
  • NSK India Sales Co. Pvt Ltd.
  • PT NSK-Warner Indonesia
  • NSK South Africa Pty Ltd.
  • Shenyang NSK Co. Ltd.
  • Zhangjiagang NSK Precision Machinery Co. Ltd.
  • Suzhou NSK Bearings Co. Ltd.
  • NSK Bearings Manufacturing Mexico SA de CV
  • NSK Hong Kong Ltd.
  • Shenyang NSK Precision Co. Ltd.
  • NSK Steering Systems Dongguan Co. Ltd.

Competitors

  • SKF AB Class B
  • Timken Company
  • TBI MOTION TECHNOLOGY CO LTD
Last Updated on 18 May, 2022

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