Date: 2013-07-31

NSK Holds Ground-Breaking Ceremony for Independent Research and Development Body in China (Pic)

NSK Ltd. (NSK; Headquarter: Tokyo, Japan; President and CEO: Seiichi Asaka) celebrated the start of construction of NSK (China) Research and Development Co., Ltd. (Kunshan City, Suzhou Province; hereinafter NSK China R&D) with a ground-breaking ceremony, held on July 8, 2008. Attendees included President Asaka, Vice-President Hisashi Machida, President and CEO of NSK China Shinichiro Takahashi, and numerous local officials and dignitaries. The facility is scheduled for completion during the summer of 2009.

NSK, a leading bearing manufacturer in Japan, seeks to maintain its position as the top bearing manufacturer in the rapidly-developing Chinese market, and to develop a strong overall framework which combines production, sales and technology. The company aims to accelerate its business in China, with plans to expand its Chinese business scale to 100 billion yen in 2010.

The current China Technology Division was originally developed in December 2003, serving as a technology base for NSK

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