Financial Results.pdfVIP

FINANCIAL CONFERENCE Consolidated Business Results and Forecast May 14, 2010 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 statements. NSK cautions that a number of factors could cause actual results to differ materially from those discussed in the forward-looking statements. Note : This document is an English translation of material written initially in Japanese. The Japanese original should be considered the primary version. 1Contents 1. Consolidated Business Results for the Year Ended March 31, 2010 2. Consolidated Business Forecast for the Year Ending March 31, 2011 3. Progress of Mid-term Plan(FY’09~FY’12) (Supplementary Material) 21. Consolidated Business Results for the Year Ended March 31, 2010 3Business Environment Summary of Consolidated Business Results for the Year Ended March 31, 2010 Summary of Business Results ?Industrial Machinery :Although demand showed an upward trend, the speed of recovery is still moderate. ?Automotive Products: Automotive production recovered due to the positive effect of government stimulus policies. ?Semiconductors/Liquid crystal production equipment: Recovery in demand for capital investment became clear from the second half of the year. ?Net sales ￥587.6 billion, Operating income ￥11.3 billion Ordinary income ￥7.6 billion, Net income ￥4.8 billion ?Profitability has improved with each quarter, contributing to a full-year profit. ?Improved profitability in the automotive product business greatly contributed to overall results. ?Fulfilled goals of profitability/cash improvement initiatives ?Effect of profitability improvement initiatives: +￥16.0 billion in operating income compared to the previous year. ?Suppressed increase in labor costs by appropriate deployment of personnel /Strict reduction of general and administrative costs ?Reduced capital investment: 09