NTN Corp - Company Profile
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Business Description
NTN Corp (NTN) is a precision equipment manufacturer that manufactures and sells bearings, constant velocity joints, and other products for the aftermarket, industrial machinery, and automobile markets.
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R&D Overview
NTN's R&D focuses on providing technology-based R&D services to its customers. The company prioritizes digitalization; developing innovative products, procurement reformation; technologies and services; and improving asset management efficiency. NTN contributes to the development of industry by conducting R&D activities continually anticipating market trends by utilizing its strengths in tribology. In FY2023, it incurred expenses of JPY18,678 million on R&D, which as a percentage of revenue, stood at 2.4% and grew by 7.1% YoY.
Product Categories
Overview
Offers bearings, equipment and peripheral components for automotive and industrial machinery maintenance needs. Also provides after-sales services including engineering seminars and others. Serves paper, mining, steel and automotive industries. Focuses on transforming from bearing supplier business structure to maintenance and engineering services provider.
Performance
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Overview
Offers hub bearings, constant-velocity joints, and needle roller bearings. It also provides the world’s automotive and automotive related companies with new products and technologies. Aims to improve the profitability of core products and developing new products targeting electric vehicles markets as major growth drivers.
Performance
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Overview
Offers tapered roller bearings, angular contact ball bearings, asymmetrical spherical roller bearings and others. Serves aerospace, construction, medical and wind power industries. Deems advancing in core technologies and deploying value-added products as major growth driver.
Performance
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Geographical Segments
Performance
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Performance
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Performance
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Performance
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