Taking the business collaboration of oil hydraulic equipment between Teijin Seiki Co., Ltd. (TS Corporation from October 2003 to September 2004) and NABCO Ltd. in April 2002 as an opportunity, both companies started to understand each other's products structure, core technologies, corporate strategy, and corporate culture, and have come to share the view that business consolidation was a very effective way to maximize corporate value and achieve long-term growth. Based on this consensus, Nabtesco was established on September 29, 2003 as a holding company of these two companies by stock transfer, making them its wholly-owned subsidiaries. The main purpose of the establishment of Nabtesco is to consolidate the strengths of each merged company and create a new corporate group with a strong competitive edge. In order to achieve this purpose.

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