Nissan Motor Co., Ltd. · TSE:7201

Nissan Motor — Q1 FY2013 Earnings Presentation

21 slides from Nissan Motor's earnings presentation, Jul 25, 2013

  1. Slide 1: FY2013 first-quarter financial results

    FY2013 FY2013 first-quarter first-quarter financial financial results results Nissan Nissan Motor Motor Co., Co., Ltd Ltd July 25, July 25, 2013 2013 Key performance indicators: financial results (management pro forma basis* ) (billion yen) Operating Free cash flow Net cash Net revenue Net income pr

  2. Slide 2: Nissan Power / FY13 business update

    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. 3 FY13 business update FY13 1st quarter sales performance FY13 1st quarter consolidated financial performance (C) Copyright NISSAN MO

  3. Slide 3: FY13 business update: DAYZ launch and US status

    FY13 business update Launched all-new minicar DAYZ in Japan (C) Copyright NISSAN MOTOR CO., LTD. www.nissan-global.com 2013 All rights reserved. 5 FY13 business update US status ■ Full momentum for FY12 new models US sales performance FY12 FY13 Altima vs. last year +24.7% +23.2% +12.9% 10,000 Pathfi

  4. Slide 4: FY13 business update: China status and Infiniti Q50

    FY13 business update China status ■ Sales momentum on track ■ Positive response to new models (Teana and Livina) New cars launches Teana Livina (C) Copyright NISSAN MOTOR CO., LTD. www.nissan-global.com 2013 All rights reserved. 7 FY13 business update First Infiniti Q50 rolls off the production line

  5. Slide 5: FY13 business update: EV sales momentum, Datsun GO

    FY13 business update EV sales momentum Cumulative Nissan LEAF sales 100 k units EV sales in Alliance thousand units 70 60 65 62 58 0 As of 2013 Mar Apr May Jun Production sites Japan US UK (C) Copyright NISSAN MOTOR CO., LTD. www.nissan-global.com 2013 All rights reserved. 9 FY13 business update Dat

  6. Slide 6: FY13 business update: Alliance update

    FY13 business update Alliance update Common module family Cooperation with Avtovaz (C) Copyright NISSAN MOTOR CO., LTD. www.nissan-global.com 2013 All rights reserved. 11 FY13 business update FY13 1st quarter sales performance FY13 1st quarter consolidated financial performance (C) Copyright NISSAN

  7. Slide 7: Sales performance: Global and Japan

    FY13 1st quarter sales performance: Global TIV* Retail volume vs. FY12 vs. FY12 **M/S 6.0% **M/S 5.5% 20.29 21.10 Global +4.0% 1,210 1.18 Japan -6.1% 1,170 Global -3.3% 135 Japan -4.4% 5.15 China +14.8% 284 China -15.1% North +8.4% 4.92 (thousand units) America (million units) (4.13) (+8.7%) North +

  8. Slide 8: Sales performance: China and North America

    FY13 1st quarter sales performance: China (Jan. to Mar.) ■ FY13 1Q (Jan. to Mar.) Retail volume*1 • TIV *2 : 5.15 million units, +14.8% -15.1% • Sales: 284 k units, -15.1%, (thousand units) 334 • Market share: 5.5%, -2 points 284 • Sylphy sales: 55 k units, +93.3% ■ FY13 2Q (Apr. to Jun.) FY12 FY13

  9. Slide 9: Sales performance: Europe and Other markets

    FY13 1st quarter sales performance: Europe Retail volume ■ TIV: 4.6 million units, -4.5% ■ Europe excluding Russia: 121 k units, -5.1% (thousand units) -9.8% 167 151 ■ Russia: 29 k units, -25.3% ■ Market share: FY12 FY13 1Q 1Q FY12 FY13 1Q 1Q Russia 4.9% 4.1% Market share Europe excl. Russia 3.2% 3.

  10. Slide 10: Financial performance (management pro forma basis)

    FY13 business update FY13 1st quarter sales performance FY13 1st quarter consolidated financial performance (C) Copyright NISSAN MOTOR CO., LTD. www.nissan-global.com 2013 All rights reserved. 19 FY13 1st quarter financial performance (billion yen) (management pro forma basis* ) FY12 FY13 Variance C

  11. Slide 11: Operating profit variance analysis

    FY13 1st quarter financial performance (management pro forma basis* ) Operating profit variance analysis (billion yen) +43.8 +69.8 -39.9 -25.0 -5.6 120.7 117.8 -16.4 -29.6 FY12 FOREX Purch. cost Volume Selling R&D MFG Other FY13 1Q reduction / mix exp. exp. exp. items 1Q O.P. (Including raw O.P. mat

  12. Slide 12: Free cash flow (Auto business) and inventory status

    FY13 1st quarter financial performance (management pro forma basis* ) Free cash flow (Auto business) +212.1 (billion yen) -26.3 -139.7 -11.3 -57.4 +4.5 -150.3 -140.7 -2.8 Net cash AP / AR Inventory Tax / other Cash flow CAPEX** Net asset Other Free cash inflow from operating from sales investing flo

  13. Slide 13: Net cash Auto business

    Net Cash Auto business (management pro forma basis*) (billion yen) 2012 2013 1,000 1,000 915.9 800 800 760.4 619.8 600 600 509.2 400 400 200 200 0 0 Mar Jun Mar Jun FX: JPY/USD FX: JPY/USD End of month 82.2 79.3 End of month 94.1 98.6 * Based on continuation of proportional consolidation of China JV

  14. Slide 14: Nissan Power 88

    Nissan Power 88 (C) Copyright NISSAN MOTOR CO., LTD. www.nissan-global.com 2013 All rights reserved. 27

  15. Slide 15: Appendix: Key performance indicators (TSE basis)

    Appendix (C) Copyright NISSAN MOTOR CO., LTD. www.nissan-global.com 2013 All rights reserved. 29 Key performance indicators: financial results (TSE report basis - China JV Equity basis ) (billion yen) Operating Free cash flow Net cash Net revenue Net income profit (Auto) (Auto) 2,232.9 1,895.3 622.9

  16. Slide 16: FY12 consolidated reported figures restated for China JV

    FY12 consolidated reported figures assuming China JV is restated under new methodology (billion yen) FY12 total 1Q 2Q -4Q Net Revenue 1,895.3 6,842.0 8,737.3 Operating profit 87.9 350.9 438.8 OP margin 4.6% 5.1% 5.0% Non-Operating 13.5 52.1 65.6 Ordinary profit 101.4 403.0 504.4 Extraordinary -0.5 -

  17. Slide 17: Sales financing: funding sources and penetration

    Sales financing : Funding sources (As of June 2013) Equity 9.5% Group Finance ABS Off B/S (Inter-Company) 3.4% 22.1% Commercial paper ABS On B/S 3.8% 24.0% S/T Loan 3.1% Bonds L/T Loan 9.0% 25.1% Total funding amount 5,800 billion yen (C) Copyright NISSAN MOTOR CO., LTD. www.nissan-global.com 2013 A

  18. Slide 18: Sales financing: net credit loss ratio, operating profit and asset

    Sales financing: net credit loss ratio FY12 FY13 1Q 1Q Variance Lease: 0.05% Lease: 0.03% Lease: -0.02% NFS Retail: 0.18% Retail: 0.15% Retail: -0.03% Lease: 0.06% Lease: 0.24% Lease: +0.18% NMAC Retail: 0.36% Retail: 0.74% Retail: +0.38% Lease: 0.20% Lease: 0.10% Lease: -0.10% NCF Retail: 0.10% Ret

  19. Slide 19: Operating profit variance details; CAPEX, R&D

    FY13 1st quarter financial performance (management pro forma basis* ) Operating profit variance analysis (billion yen) 1. Foreign exchange impact +69.8 USD +66.3 (80.2 to 98.8) RUB +9.3 (2.59 to 3.13) CAD +8.1 (79.3 to 96.5) EUR** -10.9 AUD +7.4 (80.9 to 97.9) Others -10.4 * *including other Europea

  20. Slide 20: Non-operating and extraordinary items detail

    FY13 1st quarter financial performance (management pro forma basis* ) (billion yen) Detail of non-operating income/expenses FY12 FY13 1Q 1Q Variance • Interest income / expenses -2.4 -3.2 -0.8 • FX translation -17.1 -17.0 +0.1 • Derivative gain/loss 5.8 7.2 +1.4 • Profit/Loss under equity methods 3.

  21. Slide 21: Detail of other markets retail sales

    FY13 1st quarter retail sales FY12 1Q FY13 1Q Detail of other markets 150 100.0 100 84.9 (thousand units) 63.5 47.5 48.9 50 40.8 24.6 23.0 0 Asia & M.East Africa Latin Oceania America (C) Copyright NISSAN MOTOR CO., LTD. www.nissan-global.com 2013 All rights reserved. 41 (C) Copyright NISSAN MOTOR C

Nissan Motor — Q1 FY2013 Earnings Presentation on 6ix