ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronEye IconIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintSite TitleTitle ChevronIcon Twitter
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. The company was founded by Korekiyo Takahashi and Takehiko Yamaguchi in February 1914 and is headquartered in Tokyo, Japan.

Financial Highlights

Mar 2020 JPYUSD
Revenue831,034M7,643.39M
Gross Profit148,671M1,367.39M
Operating income23,285M214.16M
Income before tax24,065M221.33M
Net income17,412M160.14M
EBITDA77,211M710.14M
Diluted EPS33.900.31
Dividends Per Share300.27
Total Assets1,029.88B9,539.93M
Total liabilities503,362M4,662.70M
Total equity505,505M4,682.55M
Operating cash flow72,387M665.77M
Currency in JPYCurrency in USD

Historical Data

 Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020
Revenue 975,319M 949,170M 1,020.33B 991,365M 831,034M
Gross Profit 214,234M 207,782M 230,467M 217,114M 148,671M
Operating income 89,526M 78,715M 93,827M 77,774M 23,285M
Income before tax 87,208M 63,617M 97,248M 79,229M 24,065M
Net income 65,719M 45,560M 69,312M 55,810M 17,412M
EBITDA 132,574M 122,069M 140,612M 126,575M 77,211M
Diluted EPS 121.30 86.03 130.96 107.23 33.90
Dividends Per Share 34 38 40 40 30
Total Assets 1,032.37B 1,043.95B 1,092.31B 1,086.45B 1,029.88B
Total liabilities 553,499M 558,940M 531,293M 526,051M 503,362M
Total equity 454,661M 461,350M 537,175M 536,676M 505,505M
Operating cash flow 108,622M 67,936M 83,746M 92,617M 72,387M
 Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020
Revenue 8,121.95M 8,765.27M 9,206.13M 8,939.69M 7,643.39M
Gross Profit 1,784.03M 1,918.79M 2,079.41M 1,957.83M 1,367.39M
Operating income 745.52M 726.90M 846.56M 701.33M 214.16M
Income before tax 726.22M 587.48M 877.43M 714.45M 221.33M
Net income 547.27M 420.73M 625.37M 503.27M 160.14M
EBITDA 1,104.00M 1,127.26M 1,268.69M 1,141.39M 710.14M
Diluted EPS 1.01 0.79 1.18 0.96 0.31
Dividends Per Share 0.28 0.35 0.36 0.36 0.27
Total Assets 9,185.23M 9,368.70M 10,270.89M 9,815.74M 9,539.93M
Total liabilities 4,924.58M 5,016.06M 4,995.70M 4,752.68M 4,662.70M
Total equity 4,045.20M 4,140.26M 5,051.00M 4,848.67M 4,682.55M
Operating cash flow 904.54M 627.36M 755.60M 835.17M 665.77M

Valuation Measures

Mar 2020
PER20.41
ROA1.64%
ROE3.34%
Operating margin2.80%
Profit margin2.09%

Key executives

  • President, CEO & Representative Director: Toshihiro Uchiyama
  • Chief Financial Officer, Director & SEVP: Saimon Nogami
  • GM-Technology Development & Head-Technology: Nobuo Goto
  • Managing Executive Officer: Hiroya Miyazaki
  • Manager-Core Technology R&D Center: Nobuaki Mitamura

Shareholders

  • NSK Ltd. (5.9%)
  • Meiji Yasuda Life Insurance Co. (5.0%)
  • Nippon Life Insurance Co. (4.9%)
  • Nomura Asset Management Co., Ltd. (4.9%)
  • Fukoku Mutual Life Insurance Co. (Investment Portfolio) (4.0%)
  • Asset Management One Co., Ltd. (3.4%)
  • Mizuho Financial Group, Inc. (3.3%)
  • The Vanguard Group, Inc. (2.2%)
  • Toyota Motor Corp. Pension Fund (1.9%)
  • Nikko Asset Management Co., Ltd. (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

  • Nsk Pension Fund
  • NSK Asean & Oceania Pte Ltd.
  • NSK Bearings India Pvt Ltd.
  • Nsk Board Incentive Plan
  • 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.
  • NSK (China) Research & Development Co. Ltd.
  • Taiwan NSK Technology Co. Ltd.
  • Hefei NSK Co. Ltd.
  • NSK Steering Systems America, Inc.
  • Nsk Business Association
  • NSK Friendly Service Ltd.
  • NSK Human Resources Service Ltd.

Competitors

  • KYB Corporation
  • Timken Company
  • GMB KOREA Corp.
  • TBI MOTION TECHNOLOGY CO LTD
  • SKF AB Class B
Last Updated on 24 Sep, 2020

You have {{numberArticlesLeft}} free article{{numberArticlesLeft-plural}} left this monthThis is your last free article this month

Stay ahead with our exclusives on Asia;
the most dynamic market in the world.

Stay ahead with our exclusives on Asia

Get trusted insights from experts within Asia itself.

Get trusted insights from experts
within Asia itself.

Try 1 month for $0.99

You have {{numberArticlesLeft}} free article{{numberArticlesLeft-plural}} left this month

This is your last free article this month

Stay ahead with our exclusives on Asia; the most
dynamic market in the world
.

Get trusted insights from experts
within Asia itself.

Try 3 months for $9

Offer ends July 31st

Your trial period has expired

You need a subscription to...

  • Read all stories with unlimited access
  • Use our mobile and tablet apps
See all offers and subscribe

Your full access to the Nikkei Asian Review has expired

You need a subscription to:

  • Read all stories with unlimited access
  • Use our mobile and tablet apps
See all offers
NAR on print phone, device, and tablet media