NTN Bearing Company Profile-Outline & History
Corporate name NTN Corporation
Trademark NTN
Date founded March 1918
Capital 54.3 billion yen
Head Office 1-3-17, Kyomachibori, Nishi-ku, Osaka-shi,Osaka 550-0003
Representative Chairman and CEO Yasunobu Suzuki
President Shigeyoshi Takagi
Number of employees 5,457(consolidated:20,789) as of march 2012
Fiscal term March 31
Description of Business Production and sales of machanical parts and equipment, such as bearings,
constant velocity joints, and precision equipment

History of Original NTN Bearing

1918	Began research and manufacture of ball bearings at Nishizono Ironworks.
	(Uchibori, Kuwana-cho, Kuwana-gun, Mie Pref.)
1923	Nishizono Ironworks and Tomoe Trading Co. (Nishi-ku, Osaka) began joint manufacture
	and sale of bearings under the brand name NTN.
1927	NTN Mfg. Co., Ltd. established with capital of 50,000 yen.
1934	Reorganized into a stock company with capital of 3,000,000 yen.
1937	Named the Toyo Bearing Mfg. Co., Ltd.
	Increased capital to 10,000,000 yen. Company stock traded publicly.
1938	Established Showa Bearing Mfg. Co., Ltd. (the previous Takarazuka Works) in Muko-gun,
	Hyogo Pref. (Later, merged and company name changed to Mukogawa Works in 1939)
	(Later, company name changed to Takarazuka Works in 1962)
1939	Constructed Kuwana Plant. (the present Kuwana Works)
1943	Commenced production of steel balls at Kuwana Plant.
1954	Awarded the Deming Prize for statistical quality control for the first time in the Japanese
	machinery industry.
1960	Established Toyo Bearing Iwata Co., Ltd. (the present Iwata Works) and began mass
	production of ball bearings. (merged with NTN Corp. in 1983).
1961	Acquired Kongo Bearing Co., Ltd. (the present NTN Kongo Corp.).
	Established NTN Wälzlager (Europa) GmbH in Germany.
1962	Constructed needle bearing plant at Toyo Bearing Iwata Co., Ltd.
	Established Toyo Bearing Machine Tool Laboratory Co., Ltd. (the present Production
	Engineering R&D Center).
1963	Established NTN Bearing Corp. of America.
	Entered into a technical tie-up with Hardy Spicer Co., Ltd. in the U.K. and began
	production of constant velocity joints.
1964	Established NTN Sidag S.A. in France. (the present NTN France S. A.) in a Joint venture
	with INA-Sidag. (Became a consolidated subsidiary to NTN Corp. in 1973)
	Established NTN Bearing-Birfied Ltd. (the present NTN Bearings (UK) Ltd.) in a joint
	venture with Birfeld. (Became a consolidated subsidiary to NTN Corp. in 1988)
1965	Entered a business tie-up with Dixon Corp. of the U.S.A. and established Toyo Bearing
	Rulon Co., Ltd. (the present NTN Engineer Plastic Corp.) through merger (Renamed as
	NTN Engineer Plastic Corp. and became a consolidated subsidiary to NTN Corp. in
	1991).
1966	Established Toyo Bearing Powder Metal Co., Ltd. (the present NTN Powder Metal Corp.)
1968	Established NTN Bearing Corp. of Canada Ltd.
1971	Established American NTN Bearing Mfg. Corp. in the U.S.A.
	Established NTN Trading-Hong Kong Ltd. (the present NTN China Ltd.) in Hong Kong.
	Established NTN Bearing-Singapore (PTE) Ltd. in Singapore.
	Established Toyo Bearing Okayama Co.,Ltd. (the present Okayama Works, merged with
	NTN Corp. in 1983)
	Established NTN Kugellagerfabrik (Deutschland) G.m.b.H. in Germany.
1972	Renamed as NTN Toyo Bearing Co., Ltd.
	Established NTN Toyo Bearing Product Development Institute (the present New Product
	Development R&D Center).
1973	Established NTN Bearing-Cae Mfg. (Canada) Ltd. (merged with NTN Bearing Corp. of
	Canada Ltd. in 1981).
	Constructed constant velocity joint plant at Toyo Bearing Iwata Co., Ltd.
	Established NTN Bearing Malaysia Sdn. Bhd. in Malaysia.
1974	Established NTN Bearing Thailand Co., Ltd. in Thailand.
1975	Established NTN Elgin Corp. in U.S.A. (merged with American NTN Bearing
	Manufacturing Corp. in 1985)
	Established NTN Sudamericana, S.A. in Panama.
1976	Established NTN Sales Co., Ltd. (Later company name changed to NTN Sales Co., Ltd.
	and merged with NTN Corp. in 2000).
	Established NTN De Mexico S.A. in Mexico.
1982	Constructed constant velocity joint plant in Toyo Bearing Okayama Co., Ltd.
	Licensed constant velocity joint technology to Hyundai Motors. (South Korea)
1984	Established Toyo Bearing Nagano Co., Ltd. (the present Nagano Works, merged with
	NTN Corp. in 1989)
1985	Licensed bearing production technology to National Engineering Industries Ltd. (India)
	Established NTN-Bower Corp., a joint venture with Federal Mogul Corp.. (U.S.A.)
	(Became a consolidated subsidiary to NTN Corp. in 1987)
1986	Constructed Japan's first plant dedicated to aerospace bearings, In Kuwana Works.
	Cumulative total of all constant velocity joints produced reaches 100 million.
1988	Established NTN Technical Center (U.S.A), Inc. (Transferred functions to NTN
	Automotive Center at NTN Bearing Corp. of America in 2002)
1989	Constructed Iwata Engineering Center.
	Established NTN Driveshaft Inc. in the U.S.A.
	Changed company name to NTN Corporation.
1990	NTN USA Corp. established as headquarters in the U.S.A.
	Constructed Kuwana Engineering Center.
1994	Obtained ISO9002 certification (Kuwana Works).
	Established a distribution center in Singapore.
1996	Bought the ball bearing division of American firm Federal Mogul Corp. (U.S.A), NTNBCA established.
1997	Nagano Works and related engineering departments obtained ISO9001/QS-9000
	certification for their quality systems.
	Cumulative total of all constant velocity joints produced reaches 200 million.
	Established NTN do Brasil Ltda. in Brasil.
	Established NTN Wälzlager Bologna Branch Office in Italy.
1998	Established NTN Manufacturing (Thailand) Co., Ltd. for the manufacture of bearings and
	constant velocity joints.
	Iwata area NTN enterprises obtained ISO14001 certification.
	Established NTN Transmission Europe for CVJ production through a joint Corp. with
	Renault of France.
1999	All plants and R&D Centers in Japan obtained ISO14001 certification by a multi-site
	qualification procedure.
2002	In a joint venture, established Shanghai NTN Corp. in China for the manufacture of CVJ
	casset and other products.
	In a joint venture with Nidec Corp. of Japan, established NTN-NIDEC (Zhejiang) Corp. in
	China for the manufacture of FDB units.
	In a joint venture with Taiwan Yulong Group Corp., established Guangzhou NTN-Yulon
	Drivetrain Co., Ltd. in Guang Zhou, China for the manufacture of constant velocity joints.
2003	Cumulative total of all constant velocity joints produced reaches 300 million.
	Established NTK Precision Axle Corp., a manufacturing company for heat treatment and
	turning in the U.S.A..
	Established Beijing NTN-Seohan Driveshaft Co., Ltd, a joint venture with Korea Flange
	Co., Ltd. in China for constant velocity joint production.
	Established Asahi Forge of America Corp., a manufacturing company for forging
	processing in the U.S.A..
2004	NTN mie Corp. established as a model factory for domestic bearing production.
	In a joint venture, established Shangzhou NTN-Guangyang Corp. in China for the
	manufacture of bearings.
	The Iwata Works, Kuwana Works, Okayama Works and Nagano Works acquire
	ISO9001 and ISO/TS16949 certification.
2005	Established NTN (China) Investment Corp. as a holdings management company in
	China.
	Established NTN's General Research & Development Center in Iwata.
	In a joint venture with Nidec Corp. of Japan, established NTN-NIDEC (Thailand) Co.,
	Ltd in Thailand for the manufacture of FDB units.
	Established NTN NEI Manufacturing India Pvt. Ltd. in India for the manufacture of
	constant velocity joints.
	Established NTN Kamiina Corp. for the manufacture of bearing rollers.
2006	Invested in IFA-Antriebstechnik GmbH as a manufacturer of constant velocity joints in
	the German IFA Group.
	Established NTN Fukuroi Corp. as a manufacturing company of constant velocity joints.
	Invested in SNR Roulements as a subsidiary to Renault. (Became a consolidated
	subsidiary to NTN Corp. in 2008)
2007	Established NTN hakui Corp. in Ishikawa for turning large bearings.
	In a joint venture with Korea Flange Co., Ltd. Kofco Group, esrablished Seohan-NTN
	Driveshaft USA Corp. in the U.S.A for the manufacture and sales of constant velocity
	joints.
	Established Nanjing Puzhen NTN Railway Bearing Co., Ltd. for the production of railway
	bearings in China jointly with Nanjing Puzhen Rolling Stock Works.
2008	Established NTN Houdatsushimizu Corp. as a manufacturing company of super-large
	bearings in Ishikawa.
	Established NTN Transmissions Europe Crézancy in France for forging company of
	constant velocity joints.
2009	Established NTN's Elemental Technology R&D Center in kuwana.
	Established NTN SHIKA Corp., a forging company for large-sized bearings, in Ishikawa.
2010	Established Seohan-NTN Bearing Co., Ltd., the manufacture and sales for large-sized
	wind turbines, jointly with Seohan in Korea.
	Established NTN driveshaft do Brasil for the manufacture and sales of constant velocity
	joints in Brazil.
	The NTA Precision Axle Corporation was established in the U.S. as a manufacturer and
	sales company for forging, turning and heat treatment of parts.
	The NTN Noto Corporation was established in Ishikawa prefecture as a manufacturer
	and sales company of bearings for industrial machinery.
2011	The sales company PT.NTN BEARING INDONESIA was established in Indonesia.
	The NTN-LYC (Luoyang) Bearing Corporation was established in China in a joint
	venture with the Luoyang LYC Bearing Co., Ltd. as a manufacturer and sales company
	of hub bearings and needle bearings.
	Construction of the NTN China Technical Center in China was completed.
	Nippon Kagaku Yakin Co., Ltd. became a subsidiary of NTN Corporation.
	Established NANJING NTN CORPORATION in China for the production of industrial
	machinery bearings.
	The sales company NTN-Dongpai (Shanghai) Bearing Sales Co., Ltd. was established
	in China.
	The sales company NTN BEARING INDIA PRIVATE LIMITED was established in India.
2012	NTPT Company Limited was established in Thailand in a joint venture with Takao Kogyo
	as a manufacture and sales of forging and turning parts.

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