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NSK Ltd (6471.T)

6471.T on Tokyo Stock Exchange

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Tue, Nov 15 2016

BRIEF-R&I affirms NSK's rating at "A" and announces stable outlook - R&I

* Rating and Investment Information, Inc. (R&I) affirmed the company's rating at "A" - R&I

BRIEF-NSK Ltd plans to realize 14 bln Yen in annual savings by FY 2018 - Nikkei

* NSK Ltd plans to realize 14 bln yen in annual savings by fiscal 2018 via rationalizing production in its industrial machinery segment - Nikkei

BRIEF-NSK announces settlement with part of plaintiffs for U.S. class lawsuit

* Says the company agreed to pay $34.5 million to part of the plaintiffs who are indirect purchasers of the co's products

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