Tokyo, Japan, January 7, 2014 - NSK Ltd. (NSK; Headquarters: Tokyo, Japan; President and CEO: Norio Otsuka) today announced that it has developed an electric power steering (EPS) system that is optimized for modularization for application to multiple types of global vehicle models. This product is designed for a wide range of applications that respond to the diverse, advanced needs of each region for vehicle models produced globally. It is also lighter and safer and keeps cost increases to a minimum.
NSK is targeting 35 billion yen in sales for this product in 2017.