Start of Union Consultations in Connection with the Planned Withdrawal from Production in the Newark-on-Trent Area of the UK
NSKベアリング・ヨーロッパ社 and NSKプレシジョンUK社, European production subsidiaries of NSK Ltd.
The Newark-on-Trent area of Nottinghamshire, UK; the Newark plant of NSKベアリング・ヨーロッパ社 (precision bearings); and NSKプレシジョンUK社 (precision equipment-related products)
The European business faces profitability challenges for locally manufactured products and is pursuing structural reforms, including withdrawing from unprofitable businesses and reorganizing production sites.
As it is currently difficult to provide a reliable quantitative estimate, the company will promptly disclose the impact after examining it in detail.
Related procedures
Consultations with a recognized independent trade union regarding the proposal to reduce headcount and the reasons for considering it
Company response
Withdrawal from production in the Newark-on-Trent area of the UK (under proposal and consultation)
The company will consult with the relevant parties regarding withdrawal from the area. If the withdrawal is decided, completion is targeted for the end of March 2027, and the company will take the necessary measures to support approximately 220 affected employees.
The company will promptly disclose further information after examining the impact of this matter in detail.
| Item | Details |
|---|---|
| Event name | Start of Union Consultations in Connection with the Planned Withdrawal from Production in the Newark-on-Trent Area of the UK |
| Date of occurrence | 31 March 2026 ("yesterday" as of the disclosure date) |
| Subject Entity | NSKベアリング・ヨーロッパ社 and NSKプレシジョンUK社, European production subsidiaries of NSK Ltd. |
| Target Locations / Products | The Newark-on-Trent area of Nottinghamshire, UK; the Newark plant of NSKベアリング・ヨーロッパ社 (precision bearings); and NSKプレシジョンUK社 (precision equipment-related products) |
| Cause | The European business faces profitability challenges for locally manufactured products and is pursuing structural reforms, including withdrawing from unprofitable businesses and reorganizing production sites. |
| Impact on Earnings Forecast | As it is currently difficult to provide a reliable quantitative estimate, the company will promptly disclose the impact after examining it in detail. |
| Type of litigation or proceeding | Consultations with a recognized independent trade union regarding the proposal to reduce headcount and the reasons for considering it |
| Suspended operations | Withdrawal from production in the Newark-on-Trent area of the UK (under proposal and consultation) |
| Outlook | The company will consult with the relevant parties regarding withdrawal from the area. If the withdrawal is decided, completion is targeted for the end of March 2027, and the company will take the necessary measures to support approximately 220 affected employees. |
| Planned follow-up disclosure | The company will promptly disclose further information after examining the impact of this matter in detail. |
Items this document does not state (15)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.The profitability of locally manufactured products in Europe presents challenges, and the company is pursuing structural reforms, including withdrawing from unprofitable businesses and reorganizing production sites. The proposed withdrawal is part of these structural reforms.