Bearings manufacturer NSK Ltd., Osaka, Japan, reported fiscal 2015 sales of ¥974.9 billion (US$8.1 billion), up 11.8 percent year-over-year. Profit increased 98.8 percent to ¥62 billion (US$516.3 million).
Sales for the industrial machinery business totaled ¥276.4 billion (US$2.3 billion), a year-over-year increase of 13.7 percent. Automotive business sales were ¥657 billion (US$5.5 billion), a year-over-year increase of 11.3 percent.
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