NTN Corporation, established in 1918 and headquartered in Osaka, Japan, specializes in the manufacturing of high-quality bearings and other precision machinery components. The company's core offerings include rolling bearings, constant velocity joints, and automatic transmission components, serving diverse industries such as automotive, aerospace, and industrial machinery.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| NTNCRP 2.50% 2051-03-18 JPYNTN Corporation | Japan | 2051-03-18 | 2.500 | 5.58 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
NTN Corporation first entered the bond market in 1999, aiming to secure funding for expansion and innovation. Notably, the company issued a ¥10 billion bond in 2020, which was well-received, reflecting investor confidence with a competitive yield of 0.45%, notably lower than the industry average. NTN's commitment to sustainability has led to the inclusion of green bond characteristics in its recent issuances, reinforcing its dedication to environmental responsibility amidst continual growth and technological advancement.