NSK Ltd. and NTN Corporation concluded a basic agreement on business integration through the establishment of a joint holding company on May 12, 2026, with plans to establish the new holding company in October 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Ltd.","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-05-12","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/05\/6471-20260512-01.pdf","jir_short_summary":"NSK Ltd. and NTN Corporation concluded a basic agreement on business integration through the establishment of a joint holding company on May 12, 2026, with plans to establish the new holding company in October 2027.","jir_summary":"### Outline of Business Integration\nNSK Ltd. and NTN Corporation have signed a basic agreement to establish a joint holding company through a joint share transfer method, thereby executing business integration. Both companies have already approved the plan at their respective boards of directors, with the new holding company scheduled to be established in October 2027 and listed on the Tokyo Stock Exchange Prime Market. This will result in a wholly parent and wholly subsidiary relationship, enabling the optimal utilization of management resources and strengthening of the business foundation.\n\n### Purpose and Strategy of Business Integration\nBoth companies aim to respond to growing stagnation and market environment changes in the automotive and industrial machinery sectors, maintaining sustainable growth and a strong industrial base originating from Japan. The strategies include optimizing management resource investment, transforming the portfolio, expanding high-value-added areas, creating new businesses, and strengthening manufacturing and procurement resilience. They will discuss and examine measures to realize synergy effects promptly.\n\n### Future Schedule and Structure\nThe basic agreement will be signed on May 12, 2026, with a board resolution on the same day. The final agreement is scheduled to be signed within six months after the basic agreement. Approval from the general meetings of shareholders will be obtained in June 2027, and the new holding company is expected to be established and listed in October 2027. The new holding company will become a wholly subsidiary of each company, aiming to create synergy while maintaining management autonomy and harmony.","jir_financial_highlights":"NSK Ltd. Capital: 67,176 million yen (as of the end of March 2026) (unknown)\nNTN Corporation Capital: 54,346 million yen (as of the end of September 2025) (unknown)\nNSK Ltd. Number of Employees (Consolidated): 26,278 persons (as of the end of March 2026) (unknown)\nNTN Corporation Number of Employees (Consolidated): 21,996 persons (as of the end of March 2025) (unknown)\nNSK Ltd. Total Number of Shares Issued: 500 million shares (as of the end of March 2026) (unknown)\nNTN Corporation Total Number of Shares Issued: 532,463,527 shares (as of the end of September 2025) (unknown)\nNSK Ltd. Consolidated Revenue: 911,644 million yen (Fiscal year ending March 2026) (unknown)\nNTN Corporation Consolidated Revenue: 825,587 million yen (Fiscal year ending March 2025) (unknown)\nNSK Ltd. Net Income Attributable to Owners of Parent (Consolidated): 22,867 million yen (Fiscal year ending March 2026) (unknown)\nNTN Corporation Net Income Attributable to Owners of Parent: -23,801 million yen (Fiscal year ending March 2025) (unknown)","jir_category":"","jir_hashtags":"#NSK, #NTN, #BusinessIntegration, #JointHoldingCompany, #OrganizationalRestructuring, #JapaneseStocks","jir_key_figures":"NSK Ltd. Capital: 67,176 million yen (as of end-March 2026)\nNTN Corporation Capital: 54,346 million yen (as of end-September 2025)\nNSK Ltd. Revenue (Consolidated): 911,644 million yen (fiscal year ending March 2026)\nNTN Corporation Revenue (Consolidated): 825,587 million yen (fiscal year ending March 2025)\nNSK Ltd. Net Income attributable to owners of parent (Consolidated): 22,867 million yen (fiscal year ending March 2026)\nNTN Corporation Net Income attributable to owners of parent: -23,801 million yen (fiscal year ending March 2025)\nScheduled date of business integration: October 2027 (establishment and listing of new holding company)","jir_meta_title":"\u3010NSK\u30fbNTN\u3011 Basic Agreement on Business Integration through Establishment of Joint Holding Company | May 2026","jir_meta_description":"NSK Ltd. and NTN Corporation signed a basic agreement on May 12, 2026, to establish a joint holding company for business integration. The new holding company is scheduled to be established and listed in October 2027, aiming for sustained growth and strengthening the business foundation.","jir_og_title":"\u3010NSK\u30fbNTN\u3011 Basic Agreement on Business Integration through Establishment of Joint Holding Company | May 2026","jir_og_description":"NSK and NTN signed a basic agreement on establishing a joint holding company for business integration. The new holding company is scheduled to be established and listed in October 2027.","jir_og_image_url":"\/assets\/og\/company-corporate_restructuring.jpg","jir_chart_data_collection":"[]","ir_related_company":7902,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"corporate_restructuring","footnotes":""},"sector":[],"importance":[],"class_list":["post-48213","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n