Term Management Target called the Fiscal 2010 Vision. In the plan, we established the goal of expansion through full-scale globalization and development of new business areas with a view to achieving 300,000 million yen in consolidated sales by FY 2010. To implement“Full-Scale Globalization,” we must provide the best products and services to our customers worldwide. As part of our drive to globalize, we are optimizing production systems in the four geographical regions where demand is strongest—Japan, Europe, North America, and elsewhere in Asia—while also striving to strengthen sales. Until recently we have principally operated as a supplier of parts to makers of capital goods. Today, however, we are beginning to explore fields closer to the consumer in order to succeed with “Development of New Business Areas.” These include producing seismic isolation devices designed to protect human life, buildings and property from the threat of earthquakes, and parts to improve automobile safety and comfort. We are aiming to promote the twin targets of “Full-Scale Globalization” and “Development of New Business Areas” in order to achieve our goals.


Other News:
The profile of THK annual report
NSK Ltd.’s inclusion in the Dow Jones Sustainability World Index 2005/2006(pic)
NN Enters Supply Agreement; Shares Rise
New Ball Screws from PIC Design
New Double row axial angular contact ball bearings
Timken buys Bearing Inspection
THK Establishment of Holding Company in China
RBC Reports First Quarter 2006 Results