NSK Ltd. ( (NPSKY) ) has released its Q1 earnings. Here is a breakdown of the information NSK Ltd. presented to its investors.
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NSK Ltd., a leading company in the production and sales of bearings and automotive components, operates primarily in the industrial machinery and automotive sectors. The company recently released its earnings report for the three months ending June 30, 2025, highlighting a challenging quarter with a decrease in sales and net income. NSK Ltd. reported consolidated sales of ¥195,760 million, a 2.4% decrease from the previous year, and a net income attributable to owners of the parent of ¥1,083 million, marking a significant 43.1% decline. The industrial machinery segment saw a 1.5% decrease in sales, while the automotive segment experienced a 1.6% drop, despite an increase in global automotive production volumes. Looking ahead, NSK Ltd. remains focused on its Mid-Term Management Plan 2026, emphasizing growth with profitability and ESG management, as it navigates economic uncertainties and currency fluctuations.