Consumer Vehicles and Parts

NSK Ltd.

NSK Ltd Completes Acquisition of NSK Steering & Control, Inc.

NSK reports 0.8% sales growth and 77.5% net income surge in FY2025

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NSK Ltd. plans to withdraw production from its Peterlee site in the UK as part of a corporate reorganization due to profitability challenges. Formal consultations with unions have begun, potentially affecting around 350 employees. NSK aims to complete the closure by March 2027 and will provide support measures for affected staff. The full impact on business performance is yet to be determined.

Reuters

NSK Plans Withdrawal of Production from Peterlee Site

NSK Ltd. (OTCMKTS:NPSKY) reached a new 52-week high of $11.09, closing at $11.08 with a trading volume of 12,990 shares. The stock rose 10.8% from a previous close of $10.00. NSK has a market cap of $2.71 billion, a PE ratio of 48.17, and a debt-to-equity ratio of 0.31. The company manufactures industrial machinery bearings and automotive products. Analysts currently rate NSK as a Hold, suggesting other stocks may be better investment options.

Market Beat

NSK (OTCMKTS:NPSKY) Reaches New 1-Year High  - Here's Why

NSK Ltd. reported strong earnings growth for the six months ending September 30, 2025, with consolidated sales of ¥412,250 million, a 3.7% increase from the previous year. Net income surged by 373.3% to ¥9,319 million, driven by a 69.7% rise in operating income. The company's strategic acquisition of NSK Steering & Control Inc. contributed significantly to this growth, adding a new steering business segment. Looking ahead, NSK forecasts an 11.1% sales increase for the fiscal year ending March 31, 2026, focusing on sustainable growth and profitability.

Tip Ranks

NSK Ltd. Reports Strong Earnings Growth Amid Strategic Expansion

NSK Ltd. reported consolidated sales of 397.6 billion yen for the first half of FY2025, exceeding the forecast of 380.0 billion yen by 3.7%. Operating income surged 69.7% year-on-year to 9.7 billion yen, with an operating margin of 2.4%. Net income attributable to owners rose 150.1% to 3.7 billion yen. The company also announced the consolidation of its Steering Business as a subsidiary from September 1, 2025, with results to be reported as an independent segment starting FY ending March 31, 2026.

NSK Ltd. reports higher sales and operating income for first half of FY2025

NSK Ltd. reported a six-month net income of ¥9.3 billion on sales of ¥412.3 billion, marking a 3.7% increase in sales and a 373.3% rise in net income compared to the previous year. Operating income surged by 69.7% to ¥16.5 billion. For the full year ending March 31, 2026, the company forecasts sales of ¥885.0 billion and net income of ¥16.0 billion. The company also acquired NSK Steering & Control Inc. during this period.

NSK Ltd. reports six-month net income of ¥16.0 billion on sales of ¥885.0 billion

NSK Ltd. has acquired over one-third of the voting rights in RT Corporation through a third-party allotment of new shares. This significant equity investment aims to enhance the development of domestically produced quadruped robots and humanoid robots for the manufacturing sector, while also strengthening R&D in AI and robotics. The collaboration will leverage RT Corporation’s AI expertise and NSK’s tribology and product technology experience to create high-value robotic products and services.

NSK Ltd. Acquires Over One-Third Stake in RT Corporation

NSK Ltd. has submitted a Commitment Letter to the Science Based Targets initiative (SBTi) for validation of its greenhouse gas emissions reduction targets. The company aims for net-zero Scope 1 and Scope 2 CO₂ emissions by fiscal 2035 and plans to reduce Scope 3 emissions. NSK has published a carbon footprint assessment report and is leveraging core technologies and renewable energy to enhance manufacturing efficiency. The company intends to obtain SBTi validation within two years to align its GHG reduction plans with SBTi standards.

NSK Ltd. Submits Commitment Letter to SBTi for Greenhouse Gas Emissions Target Validation

NSK Ltd. will participate in the EMO Hannover 2025 machine tool exhibition in Germany from September 22 to 26, 2025. The company plans to showcase several innovations, including J-Type ROBUSTDYNA™ Bearings, Ball Screws for high-accuracy machine tools, and MT-Frix™ Low-Friction Ball Screws. Additionally, NSK will present an advanced condition monitoring solution that integrates AI and diagnostic technologies.

NSK Ltd. to Showcase Innovations at EMO Hannover 2025 Machine Tool Exhibition in Germany

NSK Ltd. has committed to achieving net-zero CO₂ emissions for Scope 1 and 2 by 2035. The company will implement initiatives such as developing eco-friendly products, promoting energy-saving activities, enhancing production efficiency through technology, and utilizing renewable energy. NSK aims to reduce CO₂ emissions throughout the product life cycle and has introduced a reconditionable high-load capacity tapered roller bearing to lower manufacturing emissions. Additionally, NSK published the first Carbon Footprint assessment report in the bearing industry to enhance transparency regarding its products' CO₂ emissions.

NSK Ltd. Announces Initiatives to Achieve Net-Zero CO₂ Emissions by 2035

NSK Ltd. has released its Sustainability Report 2024, detailing its sustainability approach, environmental management, climate change initiatives, and resource circulation efforts. The report highlights actions to reduce harmful substances and promote biodiversity, along with TCFD-based information disclosure. It also addresses research and development, safety, quality, supply chain, and human resource management. The full report is accessible via a provided link.

NSK Ltd. Releases Sustainability Report 2024

NSK Ltd. has completed its acquisition of shares in NSK Steering & Control, Inc. from Japan Industrial Solutions III Investment Limited Partnership, transitioning NS&C from an equity-method affiliate to a consolidated subsidiary. The impact on NSK’s consolidated financial results is being assessed, with further announcements to follow as necessary. This update follows the initial announcement made on May 12, 2025.

NSK Ltd. Completes Acquisition of Shares in NSK Steering & Control, Inc

NSK Ltd. has announced the issuance of 30 billion yen in unsecured straight bonds in Japan. Each bond is valued at 100 million yen, with an interest rate of 1.536% per annum. The bonds will mature on September 2, 2030, with semi-annual interest payments. The offering period starts on August 27, 2025, and payment is due on September 2, 2025. The issuance is managed by Nomura Securities, Mizuho Securities, and Mitsubishi UFJ Morgan Stanley, with Mizuho Bank as the fiscal agent. The bonds have received ratings of A and A+ from respective agencies.

NSK Ltd. Announces 30 Billion Yen Unsecured Straight Bond Issuance in Japan

NSK Ltd. held a financial conference call for Q1 FY2025, reporting a sales decrease to 195.8 billion yen and operating income down to 4.8 billion yen, primarily due to a strong yen. Management noted slight positive underlying volume when excluding this impact. Structural reforms in Europe are progressing, and U.S. tariffs are being passed to customers. The full-year forecast remains at 760 billion yen in sales and 22 billion yen in operating profit, with an unchanged annual dividend of 34 yen per share.

NSK Ltd. Releases Transcript of Financial Conference Call for Q1 FY2025 Results

NSK Ltd. (OTCMKTS:NPSKY) experienced a significant decline in short interest, dropping 97.9% in July to just 100 shares as of July 31st. This represents approximately 0.0% of the company's shares sold short, with a short-interest ratio of 0.3 days based on an average daily trading volume of 400 shares. The company's stock price remained flat at $10.00, with a 1-year low of $7.29 and a high of $11.20. NSK reported $0.03 earnings per share for the quarter, missing estimates of $0.08, with revenue of $1.30 billion against expectations of $1.38 billion.

NSK Ltd. (OTCMKTS:NPSKY) Short Interest Down 97.9% in July

NSK Ltd. reported a 2.4% year-over-year decline in Q1 sales to 195.8 billion yen, attributed to a stronger yen. Operating income fell 18.4% to 4.8 billion yen, while net income dropped 44.2% to 1.1 billion yen. The company maintains its full-year sales forecast of 760.0 billion yen, a 4.6% decrease from the previous year, and upholds its dividend plan of 34 yen per share. NSK is focusing on structural reforms in Europe and transferring US tariff costs to sales prices, with real volume slightly up year-over-year despite the sales decline.