Slide 1: Consolidated Business Results for the First Quarter Ended June 30, 2007
CONSOLIDATED BUSINESS RESUITS FOR THE FIRST QUARTER ENDED JUNE 30, 2007 August 3, 2007 NSK Ltd. Cautionary Statements with Respect to Forward-Looking Statements Statements made in this report with respect to plans, strategies and future performance that are not historical fact are forward-looking st
Slide 2: Summary of the Consolidated Business Results for FY 2007:Q1
Summary of the Consolidated Business Results for FY 2007:Q1 Business Results Sales, operating income, ordinary income, and net income increased 5.1%, 0.1%, 5.1% and 4.5% respectively YOY. Demands from machine tools, industrial machinery and automotive manufacturers remain robust overall. Demands fro
Slide 3: Summary of the Consolidated Business Results for FY 2007:Q1
Summary of the Consolidated Business Results for FY 2007:Q1 ¥100 Million FY ’06 FY ’07 Q1 Q2 Q3 Q4 Full year Q1 Increase First half /decrease Forecast announced Actual Actual Actual Actual Actual Actual YOY in May ‘07 Sales 1,741 1,752 1,813 1,866 7,172 1,829 +5.1% 3,600 Operating income 148 152 169
Slide 4: Business Results by Business Segment
Business Results by Business Segment ¥100 Million FY ’06 FY ’07 Q1 Q2 Q3 Q4 Full year Q1 Increase First half /decrease Forecast announced Actual Actual Actual Actual Actual Actual YOY in May ‘07 Sales 1,741 1,752 1,813 1,866 7,172 1,829 +5.1% 3,600 Industrial machinery bearings 520 536 543 564 2,163
Slide 5: Business Results by Business Segment: Industrial Machinery Bearings
Business Results by Business Segment Industrial Machinery Bearings Sales Sales Operating income/margin Operating income/margin ¥100 Million ¥100 Million Demands from machine tools and general industrial machinery remain robust and sales to aftermarket increased. Under these demand trends, total sale
Slide 6: Business Results by Business Segment: Automotive Products
Business Results by Business Segment Automotive Products Sales Sales Operating income/margin Operating income/margin ¥100 Million ¥100 Million Demand trends remained robust overall. Increase in sales in Japan and China contributed to total sales increased 5.7% YOY. Operating income increased 6.0% YO
Slide 7: Business Results by Business Segment: Precision Machinery and Parts
Business Results by Business Segment Precision Machinery and Parts Sales Sales Operating income/margin Operating income/margin ¥100 Million ¥100 Million Sales to machine tools and general machinery remain strong, while demands from semiconductor and liquid crystal production equipment have been in a
Slide 8: Business Results by Geographical Segment
Business Results by Geographical Segment ¥100 Million FY ’06 FY ’07 Q1 Q2 Q3 Q4 Full year Q1 Increase First half /decrease Forecast announced Actual Actual Actual Actual Actual Actual YOY in May ‘07 Sales 1,741 1,752 1,813 1,866 7,172 1,829 +5.1% 3,600 Japan 1,255 1,283 1,339 1,346 5,223 1,295 +3.2%
Slide 9: Business Results by Customer Location
Business Results by Customer Location ¥100 Million FY ’06 FY ’07 Q1 Q2 Q3 Q4 Full year Q1 Increase First half /decrease Forecast announced Actual Actual Actual Actual Actual Actual YOY in May ‘07 Sales 1,741 1,752 1,813 1,866 7,172 1,829 +5.1% 3,600 Japan 865 899 935 945 3,644 909 +5.0% 1,857 Americ
Slide 10: Consolidated Balance Sheets
Consolidated Balance Sheets ¥100 Million FY ’06 FY ’07 Increase Q1 Q2 Q3 Q4 Q1 /decrease YOY Assets Current assets 3,247 3,250 3,379 3,891 3,925 +34 Non-current assets 4,182 4,212 4,217 4,267 4,384 +117 Total assets 7,429 7,462 7,596 8,158 8,309 +151 Liabilities and net assets Current liabilities 2,
Slide 11: Inventories
Inventories ¥100 Million Inventory (end of the period) FY ’06 FY ’06 FY ’06 FY ’06 FY ’07 End of Q1 End of Q2 End of Q3 End of Q4 End of Q1 10
Slide 12: Interest-bearing Debts
Interest-bearing Debts ¥100 Million Interest- Interest-bearing debts (end of the period) 2,556 2,494 2,229 396 435 343 2,160 2,059 1,886 FY ’05 FY’ 06 FY 07 End of the year End of the year End of Q1 11
Slide 13: Capital Expenditures, Depreciation and Amortization
Capital Expenditures Depreciation and Amortization ¥100 Million FY ’06 FY ’07 Full year Q1 Q2 Q3 Q4 Full year Q1 (Plan) Capital 72 84 72 134 362 78 465 expenditures Japan 41 55 41 97 234 45 321 Non-Japan 31 29 31 37 128 33 144 Americas 15 7 6 8 36 7 27 Europe 4 10 9 9 32 10 41 Asia 12 12 16 20 60 16
Slide 14: Supplementary Information: Research & Development, Employees
Supplementary Information Research & Development, Employees ¥100 Million FY ’06 FY ’07 Full year Q1 Q2 Q3 Q4 Q1 (Plan) Research & 23 25 25 28 23 105 development No. of employees FY ’06 FY ’07 Q1 Q2 Q3 Q4 Q1 Employees 23,140 23,259 23,371 23,413 23,661 Japan 10,108 10,129 10,074 10,128 10,623 Parent
Slide 15: Supplementary Information: Forecasts by Business Segment
Supplementary Information Forecasts by Business Segment ¥100 Million FY ’06 FY ’07 1st half 2nd half Full year Increase 1st half 2nd half Full year /decrease Forecast announced in Forecast announced in Forecast announced in Actual Actual Actual May ‘07 May ‘07 May ‘07 YOY Sales 3,493 3,679 7,172 3,6