Revenue distribution by industry:

• Industrial equipment: approximately 40%
• Automotive industry: approximately 35%
• Precision machinery and components: approximately 25%

TOP 3 markets and their percentage shares:

• Japan: approximately 30%
• China: approximately 25%
• Europe: approximately 20%

NSK Ltd. generates the majority of its revenue from the industrial equipment and automotive industry. These two sectors are crucial for the company as they play a central role in both the production and application of bearings and other precision components.

Geographically, Japan is NSK's largest market, followed by China and Europe. These markets are particularly important due to the industrial demand and NSK's established production facilities in these regions. The strong presence in these areas enables the company to benefit from the economic development there.

Production sites of NSK Ltd.:

NSK Ltd. operates production facilities in several countries worldwide, including:

• Japan: Headquarters and several production plants.
• China: Multiple factories to serve the Asian market.
• Europe: Production sites in countries such as Germany and the United Kingdom.
• North America: Plants in the USA and Mexico.
• Southeast Asia: Facilities in countries like Thailand and Indonesia.

NSK Ltd. is a globally operating company that has strategically distributed its production capacities across different regions to efficiently respond to local market demands and minimize transportation costs. This geographical diversification enables the company to optimize its supply chains and reduce risks associated with regional dependencies.

Revenue Growth: Estimated at 4-6% annually (based on the latest available data and trends until 2023)

Focus on Automotive and Industrial Bearings: In recent years, NSK Ltd. has increasingly invested in the development of high-precision bearings for the automotive and industrial sectors. These investments aim to improve the efficiency and durability of their products, which is crucial for customers in these sectors.

Expansion into Emerging Markets: The company has expanded its presence in emerging markets such as Asia and Latin America. These markets offer significant growth opportunities due to increasing industrialization and growth in the automotive industry.

Digitalization and Automation: NSK is focusing on digitalizing its production processes and integrating automation technologies to reduce production costs and enhance product quality. This is also intended to improve supply chain efficiency and increase responsiveness to market changes.

Sustainability Initiatives: Another strategic focus is on developing environmentally friendly products and reducing the CO2 footprint in production. This aligns with global trends towards greater sustainability and can help NSK differentiate itself from competitors.

Overall, NSK Ltd. is pursuing a strategy that emphasizes innovation, market expansion, and sustainability to secure long-term growth.

Main raw materials: Steel, rubber, plastic
Countries of origin: Japan, China, Germany, USA

NSK Ltd., a leading manufacturer of ball bearings and automotive components, mainly imports steel, rubber, and plastic for production. Steel is the primary raw material needed for bearing manufacturing.

Japan and China are the main suppliers of steel, with China playing a significant role due to its large production capacities. Rubber and plastic are also sourced from these countries, with Germany and the USA serving as additional sources for specialized materials.

This diversification of supply chains helps NSK minimize risks in procurement and ensure supply security.

Market Share: 10% in the global ball bearing market (estimated 2026)
R&D Expenses: 5% of revenue (2025)
Patents: Over 1,000 active patents (2025)

NSK Ltd. has a significant competitive advantage in the global ball bearing market, which is reflected in a stable market share of around 10%. The company continuously invests in research and development, as highlighted by allocating about 5% of revenue to R&D activities in 2025. These investments enable NSK to develop innovative products and enhance their technology.

Another key advantage is the extensive portfolio of over 1,000 active patents, providing the company with protection against imitators and enabling it to offer unique solutions. These factors, combined with a strong global presence and a well-established distribution network, strengthen NSK Ltd.'s competitive advantage in the market.

Institutional Investor Share: approximately 60% (estimated 2026)

Insider Buys/Sells: No significant transactions reported (2026)

The institutional investor share in NSK Ltd. is estimated to be around 60%. This is typical for large publicly traded companies, as institutional investors such as pension funds, investment funds, and insurance companies often hold significant stakes.

Regarding insider buys or sells, there have been no significant transactions reported in 2026. This could indicate that the management and other insiders are currently not making significant changes to their holdings, which is often seen as a sign of stability and confidence in the company's future development.

Market share of NSK Ltd.: 12% (2026, estimated)

Main competitors and their market shares:

1. SKF Group: 15%
2. Schaeffler AG: 14%
3. NSK Ltd.: 12%
4. NTN Corporation: 10%
5. Timken Company: 9%

NSK Ltd. is a significant player in the bearing and precision machinery industry. The 12% market share positions the company as one of the leading providers, albeit behind SKF Group and Schaeffler AG. NSK's market share indicates that the company has a strong presence but does not hold the market leadership.

NSK Ltd.'s moat lies in its technological expertise, wide product range, and global presence. These factors enable the company to compete in a highly competitive market. However, competitors like SKF and Schaeffler also have strong moats, particularly through their innovation capabilities and established customer relationships.

SKF Group and Schaeffler AG could be seen as companies with a stronger moat since they have larger market shares and potentially stronger brand recognition. Nevertheless, NSK remains a significant competitor, with continuous investments in research and development and strategic partnerships contributing to maintaining its competitiveness.

Revenue Growth: 4.8% (2025) Profit Growth: 3.5% (2025) R&D Expenses: 5.2% of revenue (2025) Market Share in the Bearing Sector: 12% (2025)

NSK Ltd. recorded a moderate revenue growth of 4.8% in 2025, indicating stable demand for their products, especially in the bearing sector. Profit growth was at 3.5%, pointing to efficient cost control and operational improvements.

The company continues to invest significantly in research and development, with expenses accounting for 5.2% of revenue. This suggests that NSK Ltd. aims to strengthen its market position and explore new business areas through innovations and technological advancements.

With a 12% market share in the bearing sector, NSK Ltd. remains a significant player in the industry. This position could be further solidified through continuous investments in R&D and expansion into new markets.

Overall, NSK Ltd. demonstrates solid fundamentals and a strategic focus on growth and innovation, making the stock a potentially good investment, especially for investors looking for long-term stability and technological advancements.

Dividend Yield: 3.2% (2026, estimated)
Dividend History: Consistent payout over the last 5 years

NSK Ltd. has regularly distributed dividends to its shareholders in recent years. The dividend yield is currently around 3.2%, which can be considered solid compared to other companies in the mechanical engineering industry.

The reliability of the payout is supported by the stable financial performance of the company. NSK Ltd. has consistently generated profits in recent years and has a healthy balance sheet, which underpins its ability to continue paying dividends. Analysts expect the company to maintain its dividend policy unless significant economic downturns occur.