CEO Ukai is Appointed as Chairperson of the Japan Bearing Industry Association

<p style="text-align: center;"><img src="/ueditor/php/upload/image/20240708/1720452992177721.png" title="1720452992177721.png" alt="3.png"/></p><p style="text-align: justify;"><span style="font-family: arial, helvetica, sans-serif; font-size: 12px;">NTN Corporation (hereafter, NTN) is pleased to announce that CEO of the Company Eiichi Ukai has been appointed Chairperson of the Japan Bearing Industry Association (hereafter, JBIA). The term of appointment will be from June 2024 to the association&#39;s general meeting in June 2026.</span></p><p style="text-align: justify;"><span style="font-family: arial, helvetica, sans-serif; font-size: 12px;">JBIA is an association of corporations that manufacture bearings (rolling bearings and related components). The association addresses various issues such as technical standardization, prevention of unauthorized products, environmental protection, and measures for small and medium sized enterprises throughout the industry.</span></p><p style="text-align: justify;"><span style="font-family: arial, helvetica, sans-serif; font-size: 12px;">As Chairperson of JBIA, he will continue to work for the sustainable development of the bearing industry as a whole.</span></p><p style="text-align: justify;"><span style="font-family: arial, helvetica, sans-serif; font-size: 12px;">The Japan Bearing Industry Association (JBIA)</span></p><p style="text-align: justify;"><span style="font-family: arial, helvetica, sans-serif; font-size: 12px;">It was established in July 1948 as the bearing association with the aim of contributing to the sound development of the bearing industry. After several reorganizations and name changes, it became the current Japan Bearing Industry Association in 2012. Currently, it is engaged in a variety of activities, including developing action plans for various social issues, organizing plant tours and lectures to strengthen corporate foundations and promote management efficiency, and providing support by collaborating with relevant government agencies and other organizations.</span></p><p><br/></p>