On April 13, NSK held a groundbreaking ceremony for the new “M1” factory at the headquarters site. We are currently promoting the achievement of the targets set in the Mid-term Management Plan “NV2025+” and the development of a management base aimed at further sustainable growth. By building “M1,” We aim to increase production and improve efficiency in addition to shortening lead times together with striving to introduce energy-saving equipment and improve the working environment. NSK aims to make M1 a state-of-art factory that will increase production, reduce costs, and achieve a high level of sustainability. In addition, an after-sales services location that has been significantly renewed is planned to be established at “M1,” aimed at expanding repair capabilities and further improving service levels.

The “M1” factory is expected to be four floors above ground with a total floor space of 20,000 square meters with total capital investment of approximately 8.5 billion JPY, the largest investment project in the history of NSK.