Notice regarding Organizational ChangeMarch 29, 2024
NTN Corporation (hereafter, NTN) announced the organizational changes effective April 1, 2024. NTN will reorganize its three current business segments (Aftermarket, Industrial, and Automotive) in order to expand its aftermarket business aiming to respond to changes in the industrial structure such as electrification, EVs, etc.
We will establish the Bearing Business HQ., which is in charge of the bearing business, and CVJ & Axle Bearing Business HQ., which is in charge of CVJ and Axle businesses and automotive aftermarket business. By consolidating bearing businesses which had been dispersed up until now, we will build a system that will enable us to strengthen our supply capabilities and propose optimal solutions including services to customers. At the same time, we will concentrate on CVJ and Axle businesses as one division and strengthen our ability to respond to new demands such as electrification of automobiles by leveraging our strengths in handling both products.
Furthermore, we will establish the "Innovation & Business Development HQ." in order to promote the creation and fostering of new businesses. We will accelerate strategic planning and development initiatives in new areas such as next-generation mobility modules, robot related modules, and natural energy.
(1)Bearing Business HQ. and CVJ & Axle Bearing Business HQ.
| Bearing Business HQ. | Business Strategy Unit | Business Strategy Dept., Aftermarket Business Promotion Dept., Industrial Marketing Dept., Automotive Marketing Dept., Solution Business Dept., etc. |
|---|---|---|
| Sales Unit | Global Business Dept., Tokyo Sales Office, East Japan Sales Office, Central Japan Sales Office, Nagoya Sales Office, Osaka Sales Office, Hiroshima Sales Office, Kyushu Sales Office, etc. | |
| Engineering Unit | Sales Engineering Dept., Application Engineering Dept., Product Design Dept., Aerospace Engineering Dept., Sensing Engineering Dept., etc. | |
| Production Unit | Global Production Management Dept., Kuwana Works, Nagano Works, Wakayama Works, etc. |
| CVJ & Axle Bearing Business HQ. | Business Strategy Unit | Business Strategy Dept., Automotive Aftermarket Business Promotion Dept., Marketing Dept., etc. |
|---|---|---|
| Sales & Marketing Unit | Kanto Automotive Sales Office, Utsunomiya Automotive Sales Office, Kita-Kanto Automotive Sales Office, Tokai Automotive Sales Office, West Japan Automotive Sales Office, etc. | |
| Engineering Unit | CVJ Engineering Dept., Axle Bearing Engineering Dept., etc. | |
| Production Unit | Global Production Management Dept., Iwata Works, Okayama Works, Mikumo Works, etc. |
(2)Innovation & Business Development HQ.
| Innovation & Business Development HQ. | Business Strategy Planning Dept., Module Products Unit (Mobility Module Engineering Dept., Robot Related Module Engineering Dept., Module Products Plant), Green Energy Products Unit, etc. |
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