Automotive

NSK Ltd.

Company Profile Analysis

ESOMAR 23 Corporate BadgeISO Certifications Badge
NSK Ltd. - Automotive showcase

Year Founded & Workforce

1913-12-31

140,000 Employees

Industry

AutomotiveB2BB2C

Services

N

NSK Ltd. Overview

Company Headquarters: Japan

Founded: 1914

Workforce: ~140,000

Company Working: NSK Ltd. is a global manufacturer and distributor of industrial machinery bearings, automotive goods, and precision machinery and parts. Its products include ball bearings, roller bearings, bearing units, super precision bearings, bearings for the steel industry, mining and construction, papermaking machines, pumps and compressors, and bearings for special environments, such as sanitary, corrosive, vacuum, clean, high-temperature, non-magnetic requirements, and dust-contaminated environments; and bearings for special environments, such as sanitary, corrosive, vacuum, clean, high-temperature, non-magnetic requirements, and dust contaminated environments. Automotive products include chassis components such as electric power steering, steering column and intermediate shafts, and hub unit bearings; power train components such as engine parts and electrical accessories; and drive train components such as automatic and manual transmission, motorcycle and all-terrain vehicle products, and half toroidal CVT POWERT.

It also sells precision machine parts such as ball screws, linear guides, monocarriers, XY tables, and spindles, as well as accessories such as ball screw support bearings, air bearings, and clean grease, as well as support units for heavy and light loads, machine tools, and tiny equipment. Furthermore, the company sells industrial machinery bearings and automotive components, as well as manages and rents real estate properties. It also provides megatorque motors, recruitment services, maintenance and repair services, design, development, sales, and maintenance services for computer systems and networks, insurance agency services, and sells industrial machinery bearings and automotive components. Agriculture, automotive, cement, food processing machinery, industrial motor, gearbox, injection moulding machine, machine tool, medical device, mining and construction, motorcycle, office equipment, palm oil, papermaking machinery, pump and compressor, railway, semiconductor, steel, sugar, and wind turbine industries are among the industries that it serves.

Strategy

Based on its position as an OEM and first tier supplier, NSK has announced its foray into the Independent Automotive Aftermarket (IAM). NSK has designed a systematic aftermarket approach strategy to help the company increase market share as rapidly as possible, while also ensuring that its partners and garage owners become more profitable, efficient, and successful. In terms of overall business growth, NSK aims to maximize sales opportunities coupled with strengthening its supply structure. The company aims to continue its investment in technological advancements for sustainable growth.

Company Snapshot

$8,424.8M

Revenue

140,000

Employees

1913-12-31

Founded

Japan

Headquarters

SWOT Analysis

Strengths

  • Strong Revenue Growth
  • Robust growth in home appliances segment
  • Strong demand for semiconductors

Weaknesses

  • Declining Sales prices
  • Industrial Machinery Bearings and Precision Machinery and Parts sales were affected in 2020
  • Automotive components witnessed weak demand

Opportunities

  • Scope for investment in automated, connected, and electrified technologies in the vehicles
  • Collaboration and partnership with strategic players

Threats

  • Exchange rate fluctuations

Key Developments

DateApproachDevelopment
December 2019Product EnhancementThe third version of NSK's in-wheel motor is the first of its kind in the world, with a complete package that includes the motor, inverter, and wireless charging unit. The W-IWM is a novel wireless in-wheel motor (W-IWM) for the electric vehicle (EV) industry that can charge from road coils while in motion. NSK, the Fujimoto Laboratory at the University of Tokyo's Graduate School of Frontier Sciences, Bridgestone Corporation, ROHM Co Ltd, and Toyo Electric Mfg Co Ltd collaborated on the development of the latest unit.

Product Offering

  • NSK Ltd.
    • In-Wheel Motor

Financial Performance

A plan for every need

Forecast+

Get unlimited access to forecasts, charts, and company data across every research report on Wantstats.

USD200/mo

About the Author

Wantstats Research Team

Wantstats' research desk profiles NSK Ltd. as part of our ongoing coverage of the Automotive sector, drawing on public company data, filings, and market intelligence.

Powering the world's best teams.
From next-gen startups to established enterprises.

Google logo
Amazon logo
Microsoft logo
Intel logo
Neste logo
McKinsey & Company logo
Deloitte logo
Accenture logo
Oracle logo
PWC logo
EY logo
Honeywell logo

See our work in action

Start your data driven journey with us!

Book a Demo Now

What our clients say

Trusted by forward-thinking businesses
for data-driven intelligence

Noah Malgeri
Noah Malgeri

Co-Founder, Mojave Rail Fabrication Limited

This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.
Michael Robert

Manager, JavolVision

Thanks, I am so happy that we worked together. Maybe we still can work together in the future.
Joseph Aguayo
Joseph Aguayo

Sales Operations & Pricing Manager, Intel

Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.
Bong Lau

Sales Leader, Bamberg

We bought your "2025 report" in 2020. Everything is fine and very good.
Peter Groot Koerkamp
Peter Groot Koerkamp

Account and Business Manager, EFS-Holland BV

Thanks for sending the report it gives us a good global view of the Betaïne market.
Younghwan Choi
Younghwan Choi

Senior Retail Manager, LG Chem

We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.
Mark Irwin

Management Consultant, Level 21

I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Rob Kooiker

Group Product Manager HVAC & Fire Protection GMA, Rockwool

I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.
Noah Malgeri
Noah Malgeri

Co-Founder, Mojave Rail Fabrication Limited

This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.
Michael Robert

Manager, JavolVision

Thanks, I am so happy that we worked together. Maybe we still can work together in the future.
Joseph Aguayo
Joseph Aguayo

Sales Operations & Pricing Manager, Intel

Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.
Bong Lau

Sales Leader, Bamberg

We bought your "2025 report" in 2020. Everything is fine and very good.
Peter Groot Koerkamp
Peter Groot Koerkamp

Account and Business Manager, EFS-Holland BV

Thanks for sending the report it gives us a good global view of the Betaïne market.
Younghwan Choi
Younghwan Choi

Senior Retail Manager, LG Chem

We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.
Mark Irwin

Management Consultant, Level 21

I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Rob Kooiker

Group Product Manager HVAC & Fire Protection GMA, Rockwool

I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.

NSK Ltd.

Starting from
$4,950