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NTN Corp. (Japan) was formed in 1918 with the development and production of ball bearings at the Nishizono metalworking plant (Japan) under the NTN trademark. The letters in the name of the company indicate the initials and the first letters in the name of the creators: N - Noboru Niwa, the person who first invested money; T - Tomoe Trading Co. - a sales company; N - Jiro Nishizono is an experienced engineer. Today the company is the second largest bearing manufacturer in Japan. The total number of NTN employees is 17,000 people. The company has an annual turnover of 3.1 billion euros. NTN has 44 factories, 72 sales offices, 16 research centers. The wide range of manufactured products includes ball and roller bearings, radial bearings, angular contact bearings, self-aligning bearings, cylindrical bearings, spherical bearings, tapered bearings, thrust bearings, miniature bearings, needle roller bearings, cylindrical bearings, large size bearings with a diameter of more than 180mm, bearing units, bearings for office equipment, spindle bearings, bearings for aerospace, bearings for food production, bearings for operation in aggressive environments. NTN is one of the main bearing suppliers for companies such as Bosch and Daimler Benz and has production facilities all over the world, including Japan, Germany, Great Britain, France, Canada, USA, Taiwan. Following a multi-tiered certification process, the NTN Group achieved full ISO 9000 series certification in 1999. In April 2007, NTN of Japan acquired SNR's equity share from Renault-Nissan. A year later, Japanese company NTN acquires 51% of SNR Roulements' capital. The NTN-SNR Group is created.