Japan: NSK lifts current year forecasts

Despite the negative impact of the yen's appreciation and raw material cost increases, NSK has reported strong financial results for the quarter ended 31 December 2010 (Q3), with the operating margin of 7.0% comfortably exceeding margins in the preceding two quarters (Q1:5.9%; Q2:5.6%). In the company's Automotive business alone, the Subscribe to Automotive World to … Continued

• By Webmaster
• February 7, 2011