NTN Bearing Corporation is pleased to announce that CEO Ukai has been appointed chairperson of the World Bearing Association (WBA). His term began in September 2024 and will last for two years. Founded in 2006, the WBA is a non-profit, unincorporated industrial association comprising three major regional bearing associations: the Japan Bearing Industry Association (JBIA), the American Bearing Manufacturers Association (ABMA), and the Federation of European Bearing Manufacturers' Associations (FEBMA). These organizations collaborate to promote the common, lawful interests of the global bearing industry, such as open economic engagement, sustainable development, and the protection of legal rights. In recent years, the WBA has focused on measures against counterfeit products, a serious global issue. The industry is working to create a healthy market through educational activities, a dedicated website, and collaboration with governmental authorities worldwide. Ukai also serves as chairperson of the JBIA. With this appointment, he will further contribute to the sound development of the global bearing market.