Nissan Motor Co., Ltd. · TSE:7201
Nissan Motor — H1 FY2013 Earnings Presentation
17 slides from Nissan Motor's earnings presentation, Nov 1, 2013
Slide 1: FY2013 first-half financial results
FY2013 first-half financial results Nissan Motor Co., Ltd November 1, 2013
Slide 2: FY13 1st half sales and financial performance
FY13 1st half sales performance: Global TIV* Retail volume vs. FY12 vs. FY12 **M/S 6.2% **M/S 5.9% 39.88 41.44 Global +3.9% 2,476 2,439 Global -1.5% 2.55 Japan -1.7% 315 Japan +3.6% 10.14 China +12.5% 592 China -8.3% North +8.5% 9.60 (thousand units) America (million units) (8.09) (+8.9%) North +13.
Slide 3: FY13 sales outlook and management pro forma outlook
FY13 sales outlook Retail volume vs. FY12 5,200 Global +5.8% 4,914 680 Japan +5.1% 1,270 China +7.5% (thousand units) 1,650 North +12.5% (1,290) America (US) (+13.4%) 660 Europe 0.0% (146) (Russia) (-6.8%) 940 Others -2.1% FY12 FY13 revised outlook (C) Copyright NISSAN MOTOR CO., LTD. www.nissan-glo
Slide 4: POWER actions: Cap Ex flat, discipline on expenses
POWER Brand & sales 8 Global market 8 Sustainable power share by FY16 COP (%) (%) (C) Copyright NISSAN MOTOR CO., LTD. www.nissan-global.com 2013 All rights reserved. 7 Actions Cap Ex flat in 2014 and during remainder of mid-term plan New plant investment cycle past its peak Increased discipli
Slide 5: New plant investments
New plant investments Region FY13 FY14 Thailand new plant Asia Indonesia new plant Oceania China Dalian new plant Jatco Thailand new plant Oct.St.2013/ Russia 1on1 Petersburg plant Europe Middle East expansion Africa India India new plant(P/Train) Mexico new plant Americas Brazil new plant Jatco Mex
Slide 6: Actions and Executive Committee moves
Actions Cap Ex flat in 2014 and during remainder of mid-term plan New plant investment cycle past its peak Increased discipline on variable selling expenses and net pricing New management line up and organization will enhance execution and performance delivery (C) Copyright NISSAN MOTOR CO.,
Slide 7: Regional structure and leadership moves
Regional structure and leadership moves ASIA AMIE AMERICAS JAPAN (C) Copyright NISSAN MOTOR CO., LTD. www.nissan-global.com 2013 All rights reserved. 13 Regional structure and leadership moves Hiroto Saikawa José Muñoz EUROPE CHINA NORTH AMERICA AMI ASIA SOUTH AMERICA Takao Katagiri José Luis Valls
Slide 8: Appendix
Appendix (C) Copyright NISSAN MOTOR CO., LTD. www.nissan-global.com 2013 All rights reserved. 16
Slide 9: Key performance indicators: financial results
Key performance indicators: financial results (management pro forma basis* ) (billion yen) Operating Free cash flow Net cash Net revenue Net income profit (Auto) (Auto) 5,215.4 287.0 831.7 264.7 4,546.8 442.0 178.3 189.8 -70.6 -87.6 FY12 FY13 1H 1H * Based on continuation of proportional consolidati
Slide 10: 1st half sales performance: China and North America
FY13 1st half sales performance: China (Jan. to Jun.) FY13 1H (Jan. to Jun.) Retail volume*1 • TIV *2 : 10.14 million units, +12.5% -8.3% • Sales *3 : 592 k units, -8.3%, (thousand units) 645 • Market share *3 : 5.8%, -1.4 points 592 • Sylphy sales: 112 k units, +111% FY13 3Q (Jul. to Sep.) FY12 FY1
Slide 11: 1st half sales performance: Europe and other markets
FY13 1st half sales performance: Europe Retail volume TIV: 8.73 million units, -2.1% Europe excluding Russia: 239 k units, -3.6% (thousand units) -6.1% 328 308 Russia: 70 k units, -13.9% Market share: FY12 FY13 1H 1H FY12 FY13 1H 1H Russia 5.1% 4.9% Market share Europe excl. Russia 3.4% 3.4% -0.1 po
Slide 12: 1st half financial performance: operating profit variance analysis
FY13 1st half financial performance (management pro forma basis* ) Operating profit variance analysis +85.7 (billion yen) +144.9 -60.7 287.0 -106.1 -15.4 264.7 -21.8 -24.3 -24.6 FY12 FOREX Purch. cost Volume Selling R&D MFG Warranty Other FY13 1H reduction / mix exp. exp. exp. & items 1H O.P. (Inclu
Slide 13: Net Cash Auto business and FY13 new product launches
Net Cash Auto business (management pro forma basis* ) (billion yen) 2012 2013 1,000 1,000 915.9 831.7 800 800 760.4 619.8 600 600 509.2 442.0 400 400 200 200 0 0 Mar. Jun. Sep. Mar. Jun. Sep. FX: JPY/USD FX: JPY/USD End of month 82.2 79.3 77.6 End of month 94.1 98.6 97.8 * Based on continuation of p
Slide 14: Sales outlook and management pro forma outlook vs previous
FY13 sales outlook Retail volume vs. FY13 previous vs. FY12 outlook 4,914 5,300 5,200 Global +5.8% -1.9% 660 680 Japan +5.1% +3.0% 1,250 1,270 China +7.5% +1.6% (thousand units) 1,610 1,650 North +12.5% +2.5% (1,270) (1,290) America (US) (+13.4%) (+1.6%) 720 660 Europe 0.0% -8.3% (190) (146) (Russia
Slide 15: Outlook variance analysis and pro forma vs reported figures
FY13 management pro forma outlook ** Operating profit variance analysis (billion yen) 700.0 600.0 -10.0 -60.0 -30.0 FY13 FOREX Volume Warranty FY13 Previous & & Revised outlook * * others Recall exp. outlook * Based on continuation of proportional consolidation of China JV * * Previous outlook on Ma
Slide 16: Shareholder return: dividend per share
FY13 shareholder return dividend per share (yen) 30 25 2H 20 15 10 1H 15 FY10 FY11 FY12 FY13 plan (C) Copyright NISSAN MOTOR CO., LTD. www.nissan-global.com 2013 All rights reserved. 31 Key performance indicators: financial results (TSE report basis - China JV Equity basis ) (billion yen) Operating
Slide 17: Nissan Motor Company
NISSAN MOTOR COMPANY S&S QD &