Nissan Motor Co., Ltd. · TSE:7201

Nissan Motor — FY2018 Q3 Earnings Presentation

10 slides from Nissan Motor's earnings presentation, Feb 12, 2019

  1. Slide 1: Nissan Motor Co., Ltd. February 12th, 2019

    Nissan Motor Co., Ltd. February 12th, 2019 (TSE REPORT BASIS — CHINA JV EQUITY BASIS) (BILLION YEN) NET OPERATING NET *1 FREE NET CASH REVENUE PROFIT INCOME CASH FLOW (AUTO) (AUTO) 3,045.7 301.6 2,875.5 1,311.4 1,334.4 US TAX REFORM 207.7 103.3 82.4 70.4 *2 93.9 -340.0 -69.6 FY17 FY18 FY17 FY18 FY17

  2. Slide 2: 3Q Operating Profit Variance Analysis and Sales Performance

    SALES PROFIT 3Q OPERATING PROFIT RETAIL SALES VOLUME DECREASED BY VARIANCE ANALYSIS 2.6%, BUT OUTPERFORMED THE MARKET (BILLION YEN) WHICH DECREASED BY 3.6% +36.7 -13.3 (THOUSAND CHANGE -25.6 UNITS) FY17 3Q FY18 3Q vs FY17 +23.1 COST *2 103.3 TIV 22,970 22,152 -3.6% ITEMS: VOLUME/ +18.0 82.4 MIX: RAW

  3. Slide 3: Global and Japan Sales Performance

    GLOBAL TIV *1 RETAIL VOLUME vs. FY17 M/S*2 6.0% vs. FY17 M/S*2 5.9% 68.52 68.74 GLOBAL +0.3% 4,109 4,023 GLOBAL -2.1% 3.66 3.73 JAPAN +2.1% 378 410 JAPAN +8.4% 19.08 19.36 CHINA +1.6% 1,020 1,096 CHINA +7.4% 15.81 NORTH -1.0% 15.97 AMERICA (13.16) (13.20) (U.S.) (-0.3%) 1,561 NORTH -8.5% (1,177) 1,4

  4. Slide 4: China and North America

    CHINA FY18 3Q YTD (Jan. to Sep.) RETAIL VOLUME *1 *2 TIV : 19.36 million units, +1.6% +7.4% 1,020 1,096 *1 (THOUSAND UNITS) Sales : 1,096 k units, +7.4% Market share: 5.7%, +0.4 point FY17 FY18 3Q YTD 3Q YTD MARKET SHARE +0.4 point X-Trail Sylphy Zero Emission 5.3 5.7 FY18 Full Year (Jan. to Dec.) T

  5. Slide 5: Europe and Other Markets

    EUROPE (INCLUDING RUSSIA) Europe excluding Russia RETAIL VOLUME  TIV: 13.39 million units, +0.3% -13.2%  Sales: 391 k units, -15.8% 544 (THOUSAND UNITS) 472  Market share: 3.0%, -0.5 point Russia  TIV: 1.40 million units, +10.2% FY17 FY18  Sales: 81 k units, +1.9% 3Q YTD 3Q YTD  Market share:

  6. Slide 6: FY18 Financial Performance

    FY18 SALES PERFORMANCE FY18 FINANCIAL PERFORMANCE FY18 OUTLOOK www.nissan-global.com © Copyright NISSAN MOTOR CO., LTD. All rights reserved. 11 (TSE REPORT BASIS — CHINA JV EQUITY BASIS) (BILLION YEN) FY17 FY18 VARIANCE CHANGE 3Q YTD 3Q YTD vs. FY17 (%) NET REVENUE 8,528.0 8,578.4 +50.4 +0.6% OPERAT

  7. Slide 7: Operating Profit Variance Analysis

    (TSE REPORT BASIS — CHINA JV EQUITY BASIS) OPERATING PROFIT VARIANCE ANALYSIS (BILLION YEN) OPM: +63.9 +12.9 +3.1 -70.9 4.3% -59.5 OPM: 364.2 VOLUME/MIX: COST ITEMS:*2 3.7% -120.3 +92.0 FY17 ITEMS: SELLING EXP.: R&D/MFG EXP.: 313.7 +80.4 +133.2 -65.3 FY18 ITEM: OTHR ITEMS: -7.3 -23.6 CATCH UP ADJUST

  8. Slide 8: FY18 Outlook: Retail Volume

    FY18 SALES PERFORMANCE FY18 FINANCIAL PERFORMANCE FY18 OUTLOOK www.nissan-global.com © Copyright NISSAN MOTOR CO., LTD. All rights reserved. 15 RETAIL VOLUME *1 *2 MARKET vs ORIGINAL 6.2% 6.2% 6.1% vs. FY17 OUTLOOK SHARE 5,770 5,925 5,600 GLOBAL -2.9% -5.5% 584 615 610 JAPAN +4.5% -0.8% 1,695 1,520

  9. Slide 9: FY18 Revised Outlook and Operating Profit Variance

    (TSE REPORT BASIS — CHINA JV EQUITY BASIS) VARIANCE FY18 FY18 vs. (BILLION YEN) ORIGINAL REVISED ORIGINAL OUTLOOK*1 OUTLOOK OUTLOOK*1 RETAIL VOLUME (K. units) 5,925 5,600 -325 NET REVENUE 12,000 11,600 -400 OPERATING PROFIT 540 450 -90 OP MARGIN 4.5% 3.9% -0.6 point NET INCOME *2 500 410 -90 NET INC

  10. Slide 10: Dividend Per Share

    +7.5% 57 53 48 42 2H 28.5 33 30 25 20 DIVIDEND PER SHARE (YEN) 1H 28.5 FY11 FY12 FY13 FY14 FY15 FY16 FY17 FY18 (Forecast) www.nissan-global.com © Copyright NISSAN MOTOR CO., LTD. All rights reserved. 19 This presentation contains forward-looking statements, based on judgments and estimates that have

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