1 New mid-term plan & FY07 financial results New mid-term plan & Fiscal year 2007 financial results May 13, 2008 Carlos Ghosn President & CEO New mid-term plan & FY07 financial results 2 Net revenue (billion yen) COP (billion yen) Net income (billion yen) FY06 FY07 FY06 FY07 FY06 FY07 FY07 financial results – key highlights +11.6% 9,701.0 10,824.2 449.2 482.3 755.5 790.8 * FY06 results exclude Q5 for apple-to-apple comparison +4.7% +7.4%
35
Embed
New mid-term plan Fiscal year 2007 financial results...First time to hit 1-million mark 1,061 +22.1% 0 FY06 FY07 10 New mid-term plan & FY07 financial results Retail sales by region:
This document is posted to help you gain knowledge. Please leave a comment to let me know what you think about it! Share it to your friends and learn new things together.
Transcript
1 New mid -term plan & FY 07 f inanc ial result s
New mid-term plan&
Fiscal year 2007 financial results
May 13, 2008
Carlos Ghosn President & CEO
New mid -term plan & FY 07 f inanc ial result s2
Net revenue(billion yen)
COP(billion yen)
Net income(billion yen)
FY06 FY07 FY06 FY07 FY06 FY07
FY07 financial results – key highlights
+11.6%
9,701.0
10,824.2
449.2482.3
755.5790.8
* FY06 result s exclude Q5 for apple-to-apple comparison
+4.7%
+7.4%
3 New mid -term plan & FY 07 f inanc ial result s
FY07 performance
FY08 outlook
NISSAN Value-Up review
New mid-term plan
4 New mid -term plan & FY 07 f inanc ial result s
FY07 global product launches
5 New mid -term plan & FY 07 f inanc ial result s
FY07 sales performanceGlobal retail sales
2,000
0
3,000
3,500
2,500
FY01 FY02 FY03
(tho
usan
d un
its)
FY07 FY99 FY00 FY04 FY05
3,0573,389
2,530
3,770+8.2%
2,5972,771
2,633
3,5693,483
FY06
4,000
NISSAN 180 NISSAN Value-UpNRP
6 New mid -term plan & FY 07 f inanc ial result s
200
400
800
600
721-2.5%
FY07 sales performance
(tho
usan
d un
its)
X-TRAIL
Serena Note
TIV: 5 .32 million units (-5.3%)
Nissan share: 13.6% (+0.4points)
GT-R740
0FY07 FY06
Retail sales by region: Japan
7 New mid -term plan & FY 07 f inanc ial result s
1,035 1,059+3.0%*
200
400
800
600
1,000
1,200
(tho
usan
d un
its)
*adjusted to daily selling rates(DSR)
TIV: 15.8 million units (-3.5%*)
Nissan share: 6.7% (+0.4 points)
Versa
Altima
Rogue
G35 Sedan
G37 Coupe
Infiniti EX
0FY07 FY06
FY07 sales performanceRetail sales by region: U.S.
8 New mid -term plan & FY 07 f inanc ial result s
540
636+17.9%
200
400
600
(tho
usan
d un
its)
X-TRAIL
QASHQAI
TIV*: 21.9 million units (+6.1%)Nissan share*: 2.9% (+0.3 points)
* Nissan estimated
0FY07 FY06
FY07 sales performanceRetail sales by region: Europe
9 New mid -term plan & FY 07 f inanc ial result s
Retail sales by region: General Overseas Markets
200
400
800
1,000
600
FY07 sales performance
1,200
869
(tho
usan
d un
its)
Livina
First time to hit 1-million mark
1,061+22.1%
0FY07 FY06
10 New mid -term plan & FY 07 f inanc ial result s
Retail sales by region: General Overseas MarketsFY07 sales performance
(tho
usan
d un
its)
Middle East
0
50
100
132+17.1%
146
0
200
400
PV
128
235
307
151
458
China
363
600
LCV
150
250
200 198+36.4%
FY07 FY06
+26.0%
FY07 FY06
11 New mid -term plan & FY 07 f inanc ial result s
4
FY07 technology advancements
# o
f in
nova
tive
car
tech
nolo
gies
NAVI-ICC
Intelligent Pedal
Pop Up Engine Hood
LDP
On-board ecodriving se rvice
VVEL
Around Vie wMon itor
Premium Midship package
Dual c lutch transmission
Full Speed Range ICC
10
2 2 2
5
3
5
10 all-new technologies
FY 00 01 02 03 04 05 06 07
12 New mid -term plan & FY 07 f inanc ial result s
Gasoline Engine Technology: VVEL*
FY07 technology advancements
VVEL
Contributes to a 10% reduction in CO2 emissions, improves torqueoutput by 10%
* VVEL = variable valve event and li ft
13 New mid -term plan & FY 07 f inanc ial result s
Before actuator operates
After actuator operates
Pop Up Engine Hood
FY07 technology advancements
14 New mid -term plan & FY 07 f inanc ial result s
Monitor display (example)
Around View Monitor
FY07 technology advancements
15 New mid -term plan & FY 07 f inanc ial result s
System control
Warning!
Lane Departure Prevention
FY07 technology advancements
16 New mid -term plan & FY 07 f inanc ial result s
(billion yen)
Consolidatednet revenue
Consolidatedoperating profit
Operating profitmargin
FY07 financial performance
Net income
FOREXRate
FY06 (Published)
10,468.6
776.9
7.4%
(B)/(A)
Variance
10,824.2 +11.6%
790.8 +4.7%
7.3% -0.5points
(B)
FY07
117.0 JPY/USD
148.2 JPY/EUR
114.4 JPY/USD161.6 JPY/EUR
(A)
FY06 (Excl. 5Q)*
9,701.0
755.5
7.8%
117.0 JPY/USD146.2 JPY/EUR
482.3 +7.4%449.2460.8
Net cash 254.7 180.3
* Reference
17 New mid -term plan & FY 07 f inanc ial result s
29
Div
iden
d pe
r sh
are
/ ye
n
19
14
24
40
34
7
0
8
FY07 dividend policy
FY99 FY00 FY01 FY02 FY03 FY07
20
10
40
0
30
FY04 FY05 FY06
NISSAN 180 NISSAN Value-UpNRP
18 New mid -term plan & FY 07 f inanc ial result s
FY07 performance
FY08 outlook
NISSAN Value-Up review
New mid-term plan
19 New mid -term plan & FY 07 f inanc ial result s
Global retail sales objective
0
(tho
usan
d un
its)
2,000
2,500
3,500
4,000
3,000
FY08 outlook
3,900+3.5%
FY07FY04 FY06
3,389
3,5693,770
FY08FY05
3,483
20 New mid -term plan & FY 07 f inanc ial result s
JapanMini SUV
CubeFairlady Z
Teana Murano
North AmericaEuropeTeana
MuranoGT-R370Z
FXMaxima
G37 Convertible370Z GT-R
General Overseas MarketsBakkie successor
MuranoX-TRAIL
Grand Livina
FY08 all-new product launches
All-new global launchesRegional launches
QASHQAI+2G37
G37 CoupeEXFX
9 all-new global launches
21 New mid -term plan & FY 07 f inanc ial result s
Opportunities
Risks
+ Product launches + TIV growth in emerging markets+ LCV growth+ Infiniti global expansion+ LCC utilization (parts and services)+ Expansion of alliance with AvtoVAZ
– Model mix deterioration– TIV decline in mature markets– Commodity and energy prices– FOREX
Risks and opportunities
22 New mid -term plan & FY 07 f inanc ial result s
FY07 FY08(billion yen)
Consolidated net revenue 10,350.0
Net income 340.0
Ordinary profit 545.0
CAPEX sales ratio
470.04.5%
R&Dsales ratio
500.04.8%
Consolidated operating profit 550.0
FY08 outlook
10,824.2
482.3
766.4
790.8
114.4 JPY/USD 100.0 JPY/USDFX rateassumption
*1 Forecast
457.54.2%
428.94.0%
*2
*1
*2 Incl. vendor tooling f rom FY08 ( 60.0 billion yen in FY08)
23 New mid -term plan & FY 07 f inanc ial result s
FY07 performance
FY08 outlook
NISSAN Value-Up review
New mid-term plan
24 New mid -term plan & FY 07 f inanc ial result s
NISSAN Value-Up commitments
Top level operating profit margin amongglobal automakers in FY05-07
Profit commitment
25 New mid -term plan & FY 07 f inanc ial result s
NISSAN Value-Up commitmentsProfit commitment
4.2 million sales in FY08
Volume commitment
FY09
Top level operating profit margin amongglobal automakers in FY05-07
26 New mid -term plan & FY 07 f inanc ial result s
NISSAN Value-Up commitments
20% average ROIC over the plan
Profit commitment
4.2 million sales in FY08
Volume commitment
Return on invested capital
17% average ROIC achievedTop level among global automakers
FY09
Top level operating profit margin amongglobal automakers in FY05-07
27 New mid -term plan & FY 07 f inanc ial result s
FY07 performance
FY08 outlook
NISSAN Value-Up review
New mid-term plan
28 New mid -term plan & FY 07 f inanc ial result s
Consolidated net revenueRevenue growth evolution
0
FY01 FY02 FY03FY99 FY00 FY04 FY05 FY06 FY07
NISSAN 180 NISSAN Value-UpNRP
10,000
4,000
8,000
6,000(bill
ion
yen)
10,824
5,9776,196
6,090
7,4298,577
9,428
6,829
10,469
75%
12,000
29 New mid -term plan & FY 07 f inanc ial result s
0
FY01 FY02 FY03FY99 FY00 FY04 FY05 FY06 FY07
NISSAN 180 NISSAN Value-UpNRP
Sales volume evolutionGlobal retail sales
2,000
3,000
3,500
2,500
(tho
usan
d un
its) 3,057
3,389
2,530
3,770
2,5972,771
2,633
3,569
3,483
4,000
45%
30 New mid -term plan & FY 07 f inanc ial result s
31 New mid -term plan & FY 07 f inanc ial result s