NOK

NOK to Consolidate Japanese Subsidiaries into Five Companies

NOK will reorganize its Japanese domestic production bases and establish five new subsidiaries on April 1 next year. These companies will handle the production and sales of seal components, industrial functional parts, and other products. Through the reorganization, NOK aims to optimize the allocation of management resources, strengthen its production framework, enhance global competitiveness, and achieve sustainable business growth. In...

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NOK Signs Management Integration Agreement with Eagle Industry

NOK Corporation and Eagle Industry announced on November 10 that their respective boards of directors had approved a management integration agreement through a joint share transfer. Under the plan, the two companies will establish a joint holding company, NOK Group, on October 1, 2026, which will become the wholly owning parent company of both firms. The integration is subject to...

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NOK Establishes NFC Technology Center in China

Seal manufacturer NOK in March opened the NFC Technology Center in Wuxi, China, to strengthen local development and accelerate growth in markets such as EVs. The center, managed by NOK-Freudenberg China (NFC), which oversees NOK’s seal business in China, is located in a new building at the first plant of Wuxi NOK-Freudenberg Oilseal Co., Ltd. (WNF), NFC’s largest production base....

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NOK Posts Increasing Sales and Profits in First Half

NOK announced that for the first half (April-September) of the fiscal year ending March 31, 2025, net sales were 393.67 billion yen ($2.56 billion), up 11.1% year-on-year, operating income was 19.08 billion yen, up 292.4%, ordinary income was 21.12 billion yen, up 28.8%, and net income was 13.60 billion yen, up 11.7%. “Both sales and operating income were higher than...

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NOK Opens New Indian Plant for Automotive Sealing Products

NOK group company Freudenberg NOK has built a new plant for automotive sealing products in Morinda, India, and held an opening ceremony on October 15. The Morinda plant was constructed following the termination of the contract for the Basma plant in the state of Punjab, with a view to increasing production in India, a growing market. As a manufacturing base...

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NOK’s Posts First Quarter Results, Sales up 15%

NOK’s first quarter results (April-June 2024) for the fiscal year ending March 31, 2025 were as follows: Net sales of 188.17 billion yen ($1.28 billion), up 14.8% year-on-year; operating income of 5.65 billion yen (vs. a loss of 1.23 billion yen in the same period of the previous year); ordinary income of 12.04 billion yen, up 86.8%; and net income...

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