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Corporate Info

History

Before 1959
1918 Began research and manufacture of ball bearings at Nishizono Ironworks. (Uchibori, Kuwana-cho, Kuwana-gun, Mie Pref.)
1923 Nishizono Ironworks and Tomoe Trading Co. (Nishi-ku, Osaka) began joint manufacture and sale of bearings under the brand name NTN.
1927 NTN Mfg. Co., Ltd. established with capital of 50,000 yen.
1934 Reorganized into a stock company with capital of 3,000,000 yen.
1937 Named the Toyo Bearing Mfg. Co., Ltd.
Increased capital to 10,000,000 yen. Company stock traded publicly.
1938 Established Showa Bearing Mfg. Co., Ltd.(the present Takarazuka Works) in Muko-gun, Hyogo Pref. (Later, merged and company name changed to Mukogawa Works in 1939) (Later, company name changed to Takarazuka Works in 1962)
1939 Constructed Kuwana Plant.(the present Kuwana Works)
1943 Commenced production of steel balls at Kuwana Plant.
1954 Awarded the Deming Prize for statistical quality control for the first time in the Japanese machinery industry.

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