NSK Ltd.: SWOT Analysis & Company Profile by BusinessReview

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Business Review’s NSK Ltd. contains a company overview, key facts, locations and subsidiaries, news and events as well as a SWOT analysis of the company.

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									NSK Ltd.

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NSK Ltd.: SWOT Analysis & Company
Profile


Reference code: BRIG020CP10-Q4

Published: Jan 2011




Business Review
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NSK Ltd. - SWOT Profile                                                             Page 1
NSK Ltd.

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NSK Ltd. - Company Overview

NSK Ltd. (NSK) is one of the leading bearing suppliers in the world. The company is engaged in manufacturing of
automotive products, precision machinery and parts, mecha-tronic products and bearings. NSK offers wide range of ball
bearings and general industrial bearings, hub units, needle bearings, steering systems, electric steering systems and
automatic transmission parts, ball screws, linear guides, XY tables, mega-torque motors and others. The company
operates its business through four business segments namely, Industrial Machinery Bearings, Automotive Products,
Precision Machinery and Parts, and Others. The company sells its products worldwide through a network of 70 sales
offices in 25 countries and operates 37 manufacturing sites in 12 countries. NSK is headquartered in Tokyo, Japan.


Financial Performance

The company reported revenue of JPY 587,572.0 million during the fiscal year ended March 2010. The company's
revenue declined at a compounded rate of 12.76% during the period 2008-2010 with a year on year decline of 9.27% over
fiscal year 2009. During the fiscal year 2010, its operating margin was 1.71% as against the operating margin of 2.31% in
fiscal year 2009. During the fiscal year 2010, the company registered a net margin of 0.81% as against the net margin of
0.71% in the fiscal year 2009.




NSK Ltd. - Key Facts

NSK Ltd., Key Facts

                                  1-6-3 Nissei Building, Ozaki,
                                  Shinagawa-ku, , 141-8560,         Ticker Symbol, Stock          6471 (The Tokyo Stock
Corporate Address:
                                                                    Exchange                      Exchange)
                                  Japan


Telephone                         + 81 3 37797111                   No. of Employees              25,207



Fax                               + 81 3 37797442                   Financial Year End            March



URL                               www.nsk.com                       Revenue (in JPY Million)      587,572.00



Industry                          Industrial Goods and Machinery Revenue (in USD Million)         6,276.14

                                  Australia, China, Hong Kong Special Administrative Region of China, India, Indonesia, Japan,
                                  Malaysia, New Zealand, Republic of Korea, Singapore, Taiwan, Thailand, Vietnam, France,
Locations
                                  Germany, Italy, Netherlands, Poland, Spain, Turkey, United Kingdom, South Africa, Canada, United
                                  States, Argentina, Brazil, Mexico
Source: Annual Report, Company Website, Primary and Secondary Research




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NSK Ltd. - SWOT Profile                                                                                                   Page 2
NSK Ltd.

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NSK Ltd. - Business Description

NSK Ltd. (NSK) is engaged in manufacturing of automotive products, precision machinery and parts, mecha-tronic
products and bearings. The company provides broad range of ball bearings, roller bearings, bearing units, super precision
bearings, and other automotive products to automotive, gearboxes, electric motors, machine tools, mining & construction,
injection molding machines, and other industries. It also provides Asset Improvement Program (AIP), maintenance &
repairs, training, and troubleshooting services to its customers. As of March 31, 2010, the company employed 25,207
people.

The company operates its business through four business segments namely, Industrial Machinery Bearings, Automotive
Products, Precision Machinery and Parts, and Others.

The Industrial Machinery Bearings segment comprises bearings for a broad range of needs. Its products include miniature
bearings, super-large bearings, standard ball bearings and roller bearings. The company serves general machinery
sector, the electrical machinery and IT equipment sectors, and the aftermarket sector through this segment. During the
fiscal year 2010, the Industrial Machinery Bearings segment contributed 28.4% towards the total revenues of the
company, generating JPY 166,873 million, a decrease of 20.4% over the previous year.

The Automotive Products segment provides products to the automotive business. It supplies automotive bearings for use
in engines, chassis, drive trains and other parts of motor vehicles. It also offers automotive components, such as steering
column joints, electric power steering (EPS) systems and automatic transmission (AT) components. Its products include
hub unit bearings, needle roller bearings and steering systems. During the fiscal year 2010, the Automotive Products
segment contributed 62.4% towards the total revenues of the company, generating JPY 366,463 million, an increase of
4% over the previous year.

The Precision Machinery and Parts segment provides linear motion products such as ball screws and linear guides,
mechatronic products such as XY tables and mega torque motors, and exposure equipment for LCD panel production.
These products serve a variety of applications, such as machine tools, industrial robots, semiconductor and liquid crystal
production equipment and medical equipment. During the fiscal year 2010, the Precision Machinery and Parts segment
contributed 6% towards the total revenues of the company, generating JPY 35,089 million, a decrease of 39% over the
previous year.

The Others segment is engaged in manufacturing and selling of machinery facilities and steel balls. During the fiscal year
2010, the Others segment contributed 3.2% towards the total revenues of the company, generating JPY 19,145 million, a
decrease of 31.9% over the previous year.

The company established a global network of offices and manufacturing locations such as 113 sales offices, 63
manufacturing sites, 13 research and development centers, and seven representative offices. Its operations are classified
into four geographical segments, namely, Japan, the Americas, Europe, and Asia. During the fiscal year ended March
2010, the company generated 49% of its total revenues from Japan segment, followed by, 12% from the Americas, 17%
from Europe, and 22% from Asia.

Recently, the company completed the acquisition of a majority shareholding in Rane NSK Steering Systems (RNSS), a
manufacturer of steering systems that NSK jointly established with Rane Group in India. It also established a production
subsidiary, TBD in China. It also expanded NSK Linear Guides product line with the addition of precision-grades and
medium preload random matching products.




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NSK Ltd. - SWOT Profile                                                                                           Page 3
NSK Ltd.

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NSK Ltd. - Major Products and Services

NSK is the world's leading bearing supplier. The key products offered by the company include the following:

NSK Ltd., Major Products and Services
Products:

Bearings:

Rolling Bearings

Miniature Ball Bearings

N-series Thin-section Ball Bearings Metric and Inch Designs

N-series Crossed Roller Bearings

Needle Bearings

Ball-Screw Bearings

Cam-Followers and Roller-Followers

Thrust Needle Bearings

Spherical Roller Bearings

Cylindrical Roller Bearings

Ball Bearing Units

Triple-Sealed Bearings

Plummer Block

Hub-unit Bearings

V-ribbed Pulleys

Idler Pulleys

V-Pulleys

High-precision Ball Bearings

Precision Rolling Bearings

Precision Ceramic Angular Ball Bearings

Automotive Components:

Steering Systems

Automatic Transmission Components

Seat-belts

Built-up Hollow Composite Cam Shafts

Continuously Variable Transmission (CVT) Systems

Precision Machinery and Parts:

Linear Motion Parts

Rot
								
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