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Established Harmonic Drive Systems Inc. in Tokyo, Japan as a joint venture between Hasegawa Gear Works, Ltd. and USM Co., Ltd.
Started manufacturing Harmonic Drive speed reducers at the Matsumoto Plant in Nagano, Japan.
Established subsidiary Harmonic Drive L.L.C. in the U.S. as a joint venture between HD Systems, Inc. and Harmonic Drive Technologies Nabtesco Inc.
Formed a business and capital alliance with Winbel Co., Ltd. (now a consolidated subsidiary)
Formed a business and capital alliance with Ome Iron Casting Co., Ltd. (now an equity method affiliate)
Completed "Matsumoto Factory" in Shin-Matsumoto Industrial Park, Matsumoto City, Nagano Prefecture.
Completed "Ariake New Factory Building" in Hotaka Ariake, Azumino City, Nagano Prefecture.
Held a ceremony to commemorate the 50th anniversary of the foundation.
Completed new Komagane Factory in Ako, Komagane City, Nagano Prefecture.