Approaching the Final Year of Our Mid-term BusinessPlan(pic)

NSK¡¯s Focal Market: China (1) High rate of growth expected to continue until 2010 (GDP 7~9%) New growth industries continuing to emerge in addition to the rapid growth of the existing market => China fast becoming a huge ¡°Factory and Market of the World¡± Bearing demand in 2003: ¥370 billion 2006: ¥490 billion 2010: ¥640 billion NSK¡¯s Focal Market: China (2)