Producer Manufacturing

NSK Ltd.

In the news

Only 43% of Japanese companies to resume in China on Monday Feb 8, 2020
Japan's manufacturing slump deepens as two-thirds see profit fall Jul 30, 2019
US grants nearly 1,000 exemptions from China tariffs Dec 31, 2018
World's robot builders hit by China's capital spending slowdown Oct 30, 2018
Yaskawa foresees strong profits amid China's electric car boom Apr 13, 2018

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	JPY	USD
Revenue	865,166M	7,699.07M
Gross Profit	169,726M	1,510.38M
Operating income	25,002M	222.49M
Income before tax	25,731M	228.97M
Net income	16,587M	147.60M
EBITDA	81,560M	725.79M
Diluted EPS	32.25	0.28
Dividends Per Share	25	0.22
Total Assets	1,234.55B	10,171.37M
Total liabilities	597,090M	4,919.38M
Total equity	617,801M	5,090.01M
Operating cash flow	22,733M	202.30M
	Currency in JPY	Currency in USD

Historical Data

JPY | USD

	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 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 2018	Mar 2019	Mar 2020	Mar 2021	Mar 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
PER	22.75
ROA	1.38%
ROE	2.83%
Operating margin	2.88%
Profit margin	1.91%

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

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Competitors

SKF AB Class B
Timken Company
TBI MOTION TECHNOLOGY CO LTD

Last Updated on 18 May, 2022