Nissan Motor Co., Ltd. · TSE:7201
Nissan Motor — FY2014 Earnings Presentation
15 slides from Nissan Motor's earnings presentation, May 13, 2015
Slide 1: Fiscal Year 2014 Financial Results
Fiscal Year 2014 Financial Results Nissan Motor Co., Ltd May 13, 2015 FY14 results Path to Nissan Power 88 FY15 outlook (C) Copyright NISSAN MOTOR CO., LTD. www.nissan-global.com All rights reserved. 2
Slide 2: Key performance indicators: financial results
Key performance indicators: financial results (TSE report basis - China JV Equity basis) (billion yen) Net revenue Operating Free cash flow Net cash Net income profit (Auto) (Auto) 1,390.1 11,375.2 1,015.9 10,482.5 589.6 498.4 389.0 457.6 365.8 199.7 FY13 FY14 (C) Copyright NISSAN MOTOR CO., LTD. ww
Slide 3: FY14 sales performance: Japan and China
FY14 sales performance: Japan ■ TIV: 5.30 million units, -6.9% Retail volume (thousand units) ■ Sales: 623 k units, -13.3% -13.3% 719 ■ Market share: 11.8%, -0.8 points 623 ■ New X-Trail: 45.6 k units FY13 FY14 ■ DAYZ / DAYZ ROOX: 167.5 k units Market share -0.8 points X-Trail DAYZ ROOX (%) 12.6 11.
Slide 4: FY14 sales performance: North America and Europe
FY14 sales performance: North America ■ US US Retail volume • TIV: 16.73 million units, +6.9% +8.9% (thousand units) • Sales: 1,400 k units, +8.9% 1,400 • Market share: 8.4%, +0.2 points 1,285 ■ Canada • Sales: 118 k units, +22.4% FY13 FY14 • Market share: 6.3%, +0.8 points ■ Mexico US Market share
Slide 5: FY14 sales performance: Other markets; FY14 financial performance
FY14 sales performance: Other markets ■ Estimated TIV: 20.15 million units, -2.6% ■ Sales: 889 k units, +1.1% Asia & Oceania: 363 k units, +0.0% Retail volume Latin America: 184 k units, -1.2% Middle East: 237 k units, +4.7% (thousand units) +1.1% 878 889 NP300 Navara Datsun GO+ Panca FY13 FY14 (C)
Slide 6: FY14 operating profit variance analysis and net cash
FY14 financial performance (TSE report basis - China JV Equity basis) Operating profit variance analysis (billion yen) +32.4 +112.7 +68.6 589.6 -43.8 498.4 -39.5 -0.1 -20.1 -19.0 FY13 FOREX Cost items * Volume Marketing US R&D MFG Other FY14 full year / mix & remarketing exp. exp. items full year O.
Slide 7: Management pro forma basis 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) 1,524.5 12,406.3 11,434.8 1,133.7 718.6 605.7 389.0 457.6 352.3 208.1 FY13 FY14 * Based on continuation of proportionate consolidat
Slide 8: Path to Nissan Power 88; Products offensive: Nissan
FY14 results Path to Nissan Power 88 FY15 outlook (C) Copyright NISSAN MOTOR CO., LTD. www.nissan-global.com All rights reserved. 15 Path to Nissan Power 88 Products offensive continues: Nissan Qashqai X-Trail Rogue Murano NP300 Navara Maxima Lannia Titan (C) Copyright NISSAN MOTOR CO., LTD. www.nis
Slide 9: Products offensive continues: Infiniti and Datsun
Path to Nissan Power 88 Products offensive continues: Infiniti Q50L Q30 concept Q60 concept QX30 concept (C) Copyright NISSAN MOTOR CO., LTD. www.nissan-global.com All rights reserved. 17 Path to Nissan Power 88 Products offensive continues: Datsun GO+ GO on-DO mi-DO (C) Copyright NISSAN MOTOR CO.,
Slide 10: Technology innovation continues
Path to Nissan Power 88 Technology innovation continues ■ Autonomous drive roadmap 2016 2018 2020 Traffic Jam Highway City Single Lane Multi Lane Intersection (C) Copyright NISSAN MOTOR CO., LTD. www.nissan-global.com All rights reserved. 19 Path to Nissan Power 88 Technology innovation
Slide 11: Brand and sales power; improve competitiveness and quality
Path to Nissan Power 88 Brand and sales power Marketing effectiveness Brand value improvement ■ UEFA champions league partnership 56th 2014 ■ Super Bowl XLIX 65th 2013 73rd 2012 90th 2011 Unranked 2010 (C) Copyright NISSAN MOTOR CO., LTD. www.nissan-global.com All rights reserved. 21 Path to Nissan
Slide 12: Alliance
Path to Nissan Power 88 Alliance ■ Converged 4 key functions ■ Alliance synergy • Engineering (€ billion) • Manufacturing & SCM • Purchasing • Human Resources Target 4.3 Commitment 3.8 2.7 2.9 1.7 2011 2012 2013 2014 2016 (C) Copyright NISSAN MOTOR CO., LTD. www.nissan-global.com All rights reserved
Slide 13: FY15 sales outlook and financial outlook
FY15 sales outlook TIV* Retail volume vs. FY14 **M/S 6.5% vs. FY14 **M/S 6.2% 85.44 Global +0.1% 5,550 Global +4.4% 85.36 5,318 5.14 Japan -3.0% 600 Japan -3.7% 23.45 China +5.0% 1,300 China +6.4% (thousand units) (million units) North 19.73 -0.3% North America 1,920 +5.0% (16.70) (-0.2%) America (U
Slide 14: FY15 outlook: operating profit variance and pro forma basis
FY15 outlook (TSE report basis - China JV Equity basis) Operating profit variance analysis (billion yen) +110.0 675.0 589.6 +35.0 -19.6 -40.0 FY14 FOREX M&S Monozukuri G&A FY15 O.P. and O.P. actual other costs outlook (C) Copyright NISSAN MOTOR CO., LTD. www.nissan-global.com All rights reserved. 27
Slide 15: FY15 shareholder return outlook
FY15 shareholder return outlook 42 dividend per share (yen) 33 30 25 20 FY11 FY12 FY13 FY14 FY15 (Forecast) (C) Copyright NISSAN MOTOR CO., LTD. www.nissan-global.com All rights reserved. 29 (C) Copyright NISSAN MOTOR CO., LTD. www.nissan-global.com All rights reserved. 30